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Showing content with the highest reputation on 08/17/2024 in all areas

  1. 4 points
    No, she wasn't fired because she spoke out on trans inclusion in women's sports. She was let go in a cost cutting move.
  2. 2 points
    #Kamunism Kamala Harris can’t even fathom basic economics By Published Aug. 16, 2024, 5:22 p.m. ET Kamala Harris claims she has a plan to solve the crisis she helped cause: inflation. Under former President Trump, the inflation rate averaged 1.9%. It skyrocketed to 9.1% in 18 months under Joe Biden and Harris, fueled by a $5 trillion spending binge paid for by debt and printing money. The centerpiece of the Harris plan is the imposition of federal price controls on “greedy corporations” she says are “price gouging” consumers. Landlords would be prohibited from raising rents more than 5% a year. Even the Washington Post has trashed the plan, advising Kamala that “when your opponent calls you a ‘communist,’ maybe don’t propose price controls.” Code red Kamala Harris’ plan for American-style communism is a $1.7 trillion giveaway, when our budget deficit this year is $1.9 trillion, and our national debt is already $35 trillion. We rate some of the proposals on a scale of 1-5 hammer and sickles: PRICE CONTROLS Pitch: A “first-ever” federal ban on “price gouging.” What’s wrong with it: What’s gouging? What’s excessive? It does not say, and price controls invariable backfire as demand increases for limited goods. Cost: Black markets, hoarding, less competition . . . and higher inflation Rating: ☭☭☭☭☭ CHILD TAX CREDIT Pitch: Restore the COVID-era child tax credit of $3,600, but raise it even more to $6,000 for the first year of a child’s life. What’s wrong with it: It all comes at a massive cost, which is why it wasn’t renewed when the pandemic was over. The credit also disincentivized work, and helped fuel inflation as parents spent more on child care. Cost: $1.2 trillion Rating: ☭☭☭ HOUSING GIVEAWAY Thesis: Up to $25,000 in down-payment assistance for first-time homebuyers. Critique: Will likely spur even more inflation. With the government chipping in money to help buy a home, home prices will go up. Cost: $100 billion Rating ☭☭☭☭ BUILDER TAX BREAKS Thesis: A $40 billion “innovation fund” to get cities to build more housing. Critique: Harris again does not trust the market to operate as it always has — demand for homes will spur more construction. Instead she wants to give companies tax breaks, which likely won’t result in affordable housing. Cost: $100 billion Rating: ☭☭ Are grocery stores and 7-Elevens and Walmart guilty of price gouging? No. It turns out, as Heritage Foundation economist E.J. Antoni points out, producer prices have risen by 19.5%, which is almost exactly the same pace as consumer prices. In other words, to stay afloat, businesses are simply passing on their higher costs to consumers. The San Francisco Fed found the exact same thing a few months ago: “Aggregate markup across all sectors of the economy . . . has stayed essentially flat during the post-pandemic recovery.” Vice President Kamala Harris speaks during the American Federation of Teachers’ 88th national convention on July 25, 2024 in Houston. AP Kamala Harris doesn’t understand that companies must raise their prices to cover their rising costs in order to stay in business. That’s because her administration can run $2 trillion deficits from now until the cows come home. That’s reflected in the “economic plan” she’s announcing Friday, which includes no blueprint for growth or prosperity. Instead it just makes the government bigger, with the restoration of a child tax credit of $3,600 a kid, and a new proposal to raise that to $6,000 for the first year of a child’s life. The Tax Policy Center found the cost of the COVID-era child-tax credit was $125.5 billion. Expanding it would cost even more. How would we pay for that? Who knows? For her, it’s just spend, spend, spend. Inflation would continue to climb. Man viewing receipts in supermarket. Shutterstock / Denys Kurbatov Those of a certain age will recall that back in 1971 when prices were similarly spiraling out of control, Richard Nixon announced an executive order to stop inflation. “I am today ordering a freeze on all prices and wages throughout the United States.” This unconstitutional move established a 90-day freeze was enforced by a “Pay Board” and a “Price Commission.” It was an utter failure. After the 90 days were up, inflation got worse. Price controls have never worked anywhere, at any time. Instead, they almost invariably cause shortages, which lead to higher prices, which make consumers worse off. This was the conclusion of a landmark study by Cliff Winston of the Brookings Institution. He found that in industries as wide-ranging as oil and gas, banking, trucking and airlines, it was the cessation of price controls and the return to the free market that led to on average a 30% reduction in prices thanks to the power of free market competition. The energy crisis of the 1970s ended when Ronald Reagan, on the first day of his presidency, lifted all oil and gas price controls, which had only benefited the Saudis and killed domestic production. It was a teachable moment for the country. I used to teach a course in economics to college freshmen. If they had written on their final exam that price controls were the solution to inflation, they would have failed the course. Congratulations, Kamala Harris: you get an F in economics. Stephen Moore is co-founder of Unleash Prosperity. He also serves as a visiting fellow in economics at the Heritage Foundation.
  3. 2 points
  4. 2 points
    If you are such a genius at this. Call your boy Trump and tell him you'll be Secretary of Treasury should he win. I hope you prove me wrong.
  5. 2 points
    This kamala pile of sh1t tells everyone that prices for everything are up.....ITS HER FAULT!!!! Retard!!!! If you vote for this retard, you are a bigger retard. https://x.com/ChuckCallesto/status/1824540463107568124
  6. 2 points
    He was on a break!
  7. 2 points
    It must suck to have to fock Gorlock any time you wanna get laid no wonder ur here crying like a baby back B1tch about how much hotter conservatives are the liberals bet you haven’t actually walked in years have you you fat fock?
  8. 2 points
    I’m a racist from Ohio. When things turn brown, they die. It doesn’t matter if it is your lawn, your teeth, or your country.
  9. 2 points
    No more guesses or attempts to explain from you needed. You're gay, we get it.
  10. 1 point
    Inflation is the rate by which prices increase. It is anything but unusual that prices continue to increase while the rate that they do so slows. Inflation has slowed to below 3 percent for the first time in years, meaning prices are not going up as quickly as they once were. Prices historically always have gone gone up. Life as we go one keeps getting more expensive. More demand as population grows. https://www.investopedia.com/inflation-rate-by-year-7253832 Deflation is a rarity in our history. https://www.investopedia.com/ask/answers/040715/were-there-any-periods-major-deflation-us-history.asp HTH!
  11. 1 point
    Clownzo says he should get Medal of Honor for avoiding STDs. https://money.cnn.com/2016/10/14/media/trump-stern-vietnam-stds/index.html
  12. 1 point
    OK, so if it's not price gouging, what has caused higher grocery prices?
  13. 1 point
    Here's the CNN link: https://www.cnn.com/2024/08/16/business/harris-price-gouging-ban-inflation/index.html So the article asserts that doing nothing is the best thing to do, even though MAGAturds blame the executive branch for the high prices and whine that it isn't doing enough to counter them, but then Harris proposes something, and they pivot to slim grocery profit margits and then bring up CNN - which they previously refused to accept as a valid news source and lump it into their weird MSM bucket - as a valid information source. SUDDENLY CNN! For fock's sake pick something and stick to it. Y'all like a flock of birds that can't decide which direction to go.
  14. 1 point
    Clownzo thinks raising tariffs will bring down inflation, which already has been brought down. His tariffs on China resulted in price increase on Chinese imports, and a lot of small U.S. businesses died because of that. This guy has no clue about economics.
  15. 1 point
    It's probly my bad. I was just trying to say hot girls can be liberal/conservative . Like the Beach Boys said "i wish they all could be California girlssssss" and then it devolved.
  16. 1 point
    Fock these woke companies. Seriously - take a flamethrower to these people. Is there anything worse than taking someone’s livelihood away from them? For a simple, common-sense opinion that is shared by over 50% of the population? Burn it down.
  17. 1 point
    Name me a single country on this planet of brown people that is worth a sh1t. You can’t do it and why you are now bowing out. Cheers you POS
  18. 1 point
  19. 1 point
    I just a did a draft with a bunch of other industry types. This league has a more home-league vibe. - 12 teams, PPR, 18 rounds - 1 QB, 2 RBs, 3 WRs, 1TE, 1 Flex (RB, WR, TE), 1 K, 1 D/ST 2.02 - WR Marvin Harrison Jr., ARI 2.12 - WR Cooper Kupp, LAR Harrison was the 8th WR taken, while Kupp was the 12th WR taken. Next WRs taken after Kupp were: Nico Collins, DK Metcalf, Mike Evans, Chris Olave.
  20. 1 point
    Lamar Jackson has played six seasons... the highest any of his Wr's has ever finished... '21 Hollywood Brown - 22nd. Flowers did finish 25th last year (not bad for a rookie), but would that have happened if Andrews hadn't gotten injured? Probably not.
  21. 1 point
    Your take is valid but too extreme. The free market is awesome but it absolutely does require some checks and balances (ie, regulation), to make it work well enough for everyone. Otherwise you end up with really extreme wealth and income inequality that is simply unsustainable. To say nothing of the environment and so forth. There is a risk of going too far on regulation and stifling the economy. Democrats have not dabbled in that in a good long while (several decades at least) but it could come back around. I will not support that but I also do not support your extremely bleak vision of capitalism either.
  22. 1 point
    Ahh language. Gain control of it and maybe you can redefine reality. Call market interference "corrections" and maybe folks will believe it. Call health care services "public health care" and maybe the public has to pay for it.
  23. 1 point
    You do not understand the concept of balanced equations. You, and Democrats in general seem to think you can shift money from one side of an equation to another and that it will have no ramifications for the side from which it was taken. You believe wealth can magically be created through legislation. It cannot. It can only be shifted, and in the shifting there is resentment and loss, and of course those doing the shifting think their efforts are worthy of some percentage of that shifted. The only way to create value is through work, through production, through effort, not through legislation. Democratic policies appeal to you for psychological reasons. Like a child you believe things should be fair and you want to make them so, in your mind. News flash. The world is not fair, eagles eat bunnies and bears eat salmon, and bacteria and viruses eat the child prodigy just before she writes down the solution to cold fusion. Your attempts at fairness seem to you to produce better outcomes because you do not see the whole picture. You believe legislation has made things more efficient as you like the redistribution, but there is no way to know how inefficent things have been made since the other outcome, the outcome from noninterference is never known once the interference has occured. What we do know is that folks addicted to power, folks who seek dominion over others make a very nice living being nonproductive, selling their words for the labor of others. They skim value and skimmed value for no production is by definition inefficeint.
  24. 1 point
    to be clear, drafting on the end, flexibility is key. you dont get to set the direction of the draft until it is your turn. you may wanna take a RB but if 9 of the first 11 picks are RB the smart money doesnt buy a RB at that point (even if you had planned it) so I'd plan for 2 scenarios. one where lots of RB go early and one where lots of WR go early. you may even do a third scenario where it is a mix. but the key is flexibility when drafting that late.
  25. 1 point
    Agreed, in ppr wr/wr should be the best way to go, and in small ten team league, always plenty of Rbs available later. In ten team ppr mocks I have taken three WRs in the first three rds , and still in up in good shape at rb.


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