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Trumpland: Plutocratic Socialism
4 months ago  ::  Mar 02, 2019 - 8:32AM #891
MajorYankFan
Posts: 32,868

Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.

4 months ago  ::  Mar 02, 2019 - 10:08AM #892
louisiana_lightning
Posts: 15,626

Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.

4 months ago  ::  Mar 02, 2019 - 10:26AM #893
MajorYankFan
Posts: 32,868

Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.

4 months ago  ::  Mar 02, 2019 - 10:39AM #894
louisiana_lightning
Posts: 15,626

Mar 2, 2019 -- 10:26AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.




If demand is under capitalized it is because the government diluted the value of our currency with rapid mass expansion of the money supply. 

4 months ago  ::  Mar 02, 2019 - 11:03AM #895
MajorYankFan
Posts: 32,868

Mar 2, 2019 -- 10:39AM, louisiana_lightning wrote:


Mar 2, 2019 -- 10:26AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.




If demand is under capitalized it is because the government diluted the value of our currency with rapid mass expansion of the money supply. 




Trickle-down economics.

4 months ago  ::  Mar 02, 2019 - 11:11AM #896
louisiana_lightning
Posts: 15,626

Mar 2, 2019 -- 11:03AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:39AM, louisiana_lightning wrote:


Mar 2, 2019 -- 10:26AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.




If demand is under capitalized it is because the government diluted the value of our currency with rapid mass expansion of the money supply. 




Trickle-down economics.




You are blaming Keynesian QE and stimulus on the Monetarists?  Comical but fine, start listening to the Austrian Economists and stop manipulating the currency at the expense of the meek.  Macroeconomics fails again.

4 months ago  ::  Mar 02, 2019 - 11:17AM #897
MajorYankFan
Posts: 32,868

Mar 2, 2019 -- 11:11AM, louisiana_lightning wrote:


Mar 2, 2019 -- 11:03AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:39AM, louisiana_lightning wrote:


Mar 2, 2019 -- 10:26AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.




If demand is under capitalized it is because the government diluted the value of our currency with rapid mass expansion of the money supply. 




Trickle-down economics.




You are blaming Keynesian QE and stimulus on the Monetarists?  Comical but fine, start listening to the Austrian Economists and stop manipulating the currency at the expense of the meek.  Macroeconomics fails again.




Let's get back to reality.....so what is the masterplan to capitalize


the demand-side of the economy, which rivals in import to the


supply-side? And don't waste time with the free (to steal) markets


BS.


4 months ago  ::  Mar 02, 2019 - 11:58AM #898
louisiana_lightning
Posts: 15,626

Mar 2, 2019 -- 11:17AM, MajorYankFan wrote:


Mar 2, 2019 -- 11:11AM, louisiana_lightning wrote:


Mar 2, 2019 -- 11:03AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:39AM, louisiana_lightning wrote:


Mar 2, 2019 -- 10:26AM, MajorYankFan wrote:


Mar 2, 2019 -- 10:08AM, louisiana_lightning wrote:


Mar 2, 2019 -- 8:32AM, MajorYankFan wrote:


Duh.......making the rich richer and everyone else poorer is what plutocratic socialists do...........


The average worker isn’t seeing Trump’s “economic miracle.” Here’s why.


Just look at these two charts.




I certainly have a theory.  We tried to avoid the full consequences of the crash with bailouts and quantitative easing.  “Mainstream economists have been baffled by this.”  Of course they are because they still prescribe to macroeconomic theory and discount the hazard of delaying consequences and the inflation of manipulating our fiat currency.  


The article says pay is increasing steadily but purchasing power is still below 2006 levels.  Is there any chance that this inflationary activity is connected to the Keynesian American Recovery and Reinvestment Act of 2009 which was a $831 billion stimulus from 2009-2019 as well as three rounds of quantitative easing by the Federal Reserve between the end of 2008 and ending in late 2014 accumulating in $4.5 trillion.


Just so we have this straight, we devalued our currency by expanding the money supply by more than $5.3 trillion and mainstream economists are baffled that salaries aren’t outpacing the inflation.  Maybe they should consider a new profession or at least consider the idea that if it sounds outrageous or too good to be true it probably is.




We gave a supply-and-demand economy; the demand-side is under-capitalized.




If demand is under capitalized it is because the government diluted the value of our currency with rapid mass expansion of the money supply. 




Trickle-down economics.




You are blaming Keynesian QE and stimulus on the Monetarists?  Comical but fine, start listening to the Austrian Economists and stop manipulating the currency at the expense of the meek.  Macroeconomics fails again.




Let's get back to reality.....so what is the masterplan to capitalize


the demand-side of the economy, which rivals in import to the


supply-side? And don't waste time with the free (to steal) markets


BS.




I outlined it in my Treatise thread.  If even included a pre-bate which was originally an idea from Monetaris Milton Friedman and is making a comeback as Universal Basic Income.  Mine would accompany a VAT to replace all Federal tax collection and the premise would be that the prebate would make all purchases tax exempt up to the poverty level.  Take the profit out of K Street.

4 months ago  ::  Mar 03, 2019 - 10:39AM #899
MajorYankFan
Posts: 32,868

Trump Pitches Golf Course Infomercial From White House, Watchdog Snaps Back


Former federal ethics chief lashes “shameless presidential profiteering.”


4 months ago  ::  Mar 04, 2019 - 1:17PM #900
prof. quiz
Posts: 7,077

Does Trumpet's profiteering bother any of you cons? 


He is pushing his golf course in Scotland while holding the highest office in our land. Silence from the right leaning lemmings. 


Why didn't he mention the UK law suit for a wind farm that he objected to and lost. And now owes the lawyers fees that he still hasn't paid back.


The other loss was for a sea wall he petitioned Ireland to allow him to build to help with the rising oceans due to "global warming and its effects." I thought he didn't believe in global warming? Suckers.


For a racist, cheat and conman that is great at building virtual walls around himself with NDA's and other intrusive legal instruments he sure sucks at building physical walls.


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