What specifically is he doing that is creating jobs? As of February new jobs are being driven by healthcare jobs. There are several other types of work before you get to construction, which could plausably be linked to infrastructure spending. And again, that's held to against the interest rate hikes that are designed to lower inflation by increasing unemployment, or the more appropriate euphomism of softening the labor market.
Numberone
joined 1 year ago
Best and brightest..
Nothing creepy about that hug...these old fucks can't help themselves can they.
I had a morning pee, FOR THE GLORY OF THE KLINGON EMPIRE!
Ruin!
Can you elaborate on this? I've always thought that housing is an absolutely terrible "store of value". Given the fact that appreciation at a population level, by definition means housing will be less affordable for the next generation. How is value for one generation balanced against subsequent ones. Also, it's an incredibly inefficient way to build a nest egg or whatever. If you pay a mortgage like most people do, over 15-30 yrs, you're paying something on the level of 150%-200% of its value over time. It seems to me a more rational way to build value is to keep housing costs low, allowing people to invest that difference (mortgage interest) into either investments or savings, rather than paying it to a bank.
I get that the US doesn't really have a culture of saving, but I feel like this is rationalized by the "my house will be more valuable when I retire" crowd. It's so easy to save now, with efficient investment products broadly available to individuals. Maybe it's time to let the house as the bulk of your wealth go, and make housing affordable again.
First TNG watch throughl, she was And impediment to s02 crusher. But as I've watched repeatedly, she was a great character who made her presence known. She wasn't perfect, but she was interesting and she changed as the season went on wrt Data. I still think she was a eagerly underrated character.
Yeah maybe the problem is no one is describing what "work" means in this case. The goal is to reduce Chinese market share in the US EV market, protection of US industry ( lets be honest, probably the owners' income stream). I don't see that goal failing being likely.
See this makes sense to me. In good faith I don't understand how tariffs couldn't work. I mean, even if it doesn't STOP import of Chinese EV's, the uptake would be so much less than if they were 50% off....right?
History is rife with examples of countries developing their own industries by making imports more expensive.
This is why we can't have nice things😂
Agreed, presidents can apply pressure but the Fed is technically independent. That probably wasn't fair of me to link Biden to the Fed, sorry. Dems are quick to attribute this gain to the Biden administration. I've heard broad statements about how Biden is good for the economy, but they don't really go into specifics. I'm curious what they're specifically saying he's done to boost the economy to the point that it invalidates Fed interest/employment/inflation models.