Hey gen Z, self-proclaimed genius (lol). I know you desperately need to think that I’m somehow a Trump guy or part of the people hoping for a “red wave,” just because I think fools like you in your age and health cohort didn’t need to inject yourself multiple times with a LNP-coated piece of mRNA, devoid of meaningful, long-term pharmacokinetic data, that elicits a very short-lived humoral immune reaction and does oh-so-little to stop transmission of a bug that WILL NOT KILL most blue-haired baristas.
But here’s the thing. This is about YOU being a L-I-B-E-R-A-L, which you most decidedly are and have proven you are by how you have commented on this thread. It’s ok. I trust you actually ARE smarter than the average lib voter and didn’t merely just vote on abortion and visceral hatred of Trump alone, like most gen Z libs. I’d like to think you are a deeper and broader person than most of these shallow lib voters. But I’m starting to very much doubt it.
You actually should try the libertarian team. Unfortunately, we tend to lose to the libs in conservative states like Utah.
Bro you said I shouldn't have the right to vote the last time you posted.
You're officially off the deep end of 'red wave' coping and seething. I.e. cannot fathom trying to win over genius minds like me... but rather would prefer to disenfranchise us. How democratic!
I have cast a vote for a libertarian presidential candidate. Have you?
Only a genius mind could come up with "pandemic of the unvaccinated".
I’m just wondering how rich people getting richer also leads to poor people getting richer. How does money just increase overall like that?
Seriously?
So you think wealth is finite and no one can get a larger slice of the pie without taking from someone else?
I don’t have any economics education other than a 100 level class where my liberal professor gave us The Price of Inequality which argues from a pretty liberal perspective. Essentially, inequality leads to rent seeking and monopolizing which encourages the richest people to take a large share from the pie instead of making the pie bigger.
But I’m not exactly sure how the pie gets bigger. I know Keynesian economics has some sort of government spending built in to continually increase total money supply, but I’m otherwise not sure how money funneling upwards isn’t functionally a zero sum game. Money doesn’t just appear, right? We can agree that money doesn’t just appear. It has to be government debt, other countries we sell things to, etc. As usual, I’m inviting someone smart and educated to explain things, but I’m usually pretty disappointed by the result.
So you think wealth is finite and no one can get a larger slice of the pie without taking from someone else?
I don’t have any economics education other than a 100 level class where my liberal professor gave us The Price of Inequality which argues from a pretty liberal perspective. Essentially, inequality leads to rent seeking and monopolizing which encourages the richest people to take a large share from the pie instead of making the pie bigger.
But I’m not exactly sure how the pie gets bigger. I know Keynesian economics has some sort of government spending built in to continually increase total money supply, but I’m otherwise not sure how money funneling upwards isn’t functionally a zero sum game. Money doesn’t just appear, right? We can agree that money doesn’t just appear. It has to be government debt, other countries we sell things to, etc. As usual, I’m inviting someone smart and educated to explain things, but I’m usually pretty disappointed by the result.
In the simplest terms if there was a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
Time for the loser M*A*G*A Republicans to go home and try to embrace reality.
This is the United States of America, not some country that wants to be run by a dictator.
Ya lost! For Democrats to keep The Senate (and perhaps even add a seat if Warnock wins the runoff) when we have such high inflation and an OLD Joe Biden who isn't super well liked, shows how far the GOP has fallen.
Trump-backed Republicans did very poorly. Republicans at odds with Trump did well.
Time for you nutbars to shut your faces and go into your double-wides and stay there.
Letsrun.com's biggest know-it-all and most obvious example of the Dunning-Kruger effect has entered the chat...
Ha! Look at the downvotes you got! Looks like that comment got you sh!tcanned!
To my comment that you so stupidly commented on, you go look in the mirror (don't post here, because I don't care to hear your nonsense), and you tell yourself how it is that ANYTHING I said there is wrong. Hey, if you want Republicans to continue to embrace Trump, meaning that they will continue to lose, then go ahead and stay delusional. I have no idea who you are other than you have presented yourself as a very stupid person, but maybe you have the ability to see the error of your ways.
I will boil it down for you since you are obviously challenged. If Republicans want to remain a viable party and do well in elections going forward, they need to change pretty much everything...with the biggest thing being embracing reality.
I don’t have any economics education other than a 100 level class where my liberal professor gave us The Price of Inequality which argues from a pretty liberal perspective. Essentially, inequality leads to rent seeking and monopolizing which encourages the richest people to take a large share from the pie instead of making the pie bigger.
But I’m not exactly sure how the pie gets bigger. I know Keynesian economics has some sort of government spending built in to continually increase total money supply, but I’m otherwise not sure how money funneling upwards isn’t functionally a zero sum game. Money doesn’t just appear, right? We can agree that money doesn’t just appear. It has to be government debt, other countries we sell things to, etc. As usual, I’m inviting someone smart and educated to explain things, but I’m usually pretty disappointed by the result.
In the simplest terms if there was a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
The resources that drive that wealth are definitely finite and that is being ignored by many policy makers.
I don’t have any economics education other than a 100 level class where my liberal professor gave us The Price of Inequality which argues from a pretty liberal perspective. Essentially, inequality leads to rent seeking and monopolizing which encourages the richest people to take a large share from the pie instead of making the pie bigger.
But I’m not exactly sure how the pie gets bigger. I know Keynesian economics has some sort of government spending built in to continually increase total money supply, but I’m otherwise not sure how money funneling upwards isn’t functionally a zero sum game. Money doesn’t just appear, right? We can agree that money doesn’t just appear. It has to be government debt, other countries we sell things to, etc. As usual, I’m inviting someone smart and educated to explain things, but I’m usually pretty disappointed by the result.
In the simplest terms if there was a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
^^ Liberalism in a nutshell.
7 downvotes on an unassailable fact. Because it conflicts with their politics.
In the simplest terms if there was a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
The resources that drive that wealth are definitely finite and that is being ignored by many policy makers.
That's where entrepreneurship comes in.
The richest people in the world didn't get rich by stealing from fast food workers. They found holes in demand and filled them. Paying for their ideas is voluntary.
Unless of course their idea is something like a vaccine that's mandated by government.
Letsrun.com's biggest know-it-all and most obvious example of the Dunning-Kruger effect has entered the chat...
Ha! Look at the downvotes you got! Looks like that comment got you sh!tcanned!
To my comment that you so stupidly commented on, you go look in the mirror (don't post here, because I don't care to hear your nonsense), and you tell yourself how it is that ANYTHING I said there is wrong. Hey, if you want Republicans to continue to embrace Trump, meaning that they will continue to lose, then go ahead and stay delusional. I have no idea who you are other than you have presented yourself as a very stupid person, but maybe you have the ability to see the error of your ways.
I will boil it down for you since you are obviously challenged. If Republicans want to remain a viable party and do well in elections going forward, they need to change pretty much everything...with the biggest thing being embracing reality.
Imagine how diseased your mind needs to be to think that losing the House is a validation of your policies...
Imagine how delusional you have to be to not understand what a disaster this midterm was for the GQP and to take it a step further - embracing the Cheeto hued loser that is Trump. The former GOP does not exist. Trump killed the GOP. Say it slowly until that sinks in. And you spend a large portion of your day defending him while parroting "I am not a Republican"
Imagine how delusional you have to be to not understand what a disaster this midterm was for the GQP and to take it a step further - embracing the Cheeto hued loser that is Trump. The former GOP does not exist. Trump killed the GOP. Say it slowly until that sinks in. And you spend a large portion of your day defending him while parroting "I am not a Republican"
TAITR (TheAdultInTheRoom) became a Catholic to get a woman. He has no principles that he won’t sacrifice the moment he perceives it is in his self-interest. He says he is not a Republican because he is too much of a raging (and he has been raging a lot lately) Narcissist to acknowledge that he is a sheep who is no different than the millions of empty headed kool-aid drinkers who would swear allegiance to anything to finally get whet they want, as he proved in his marriage.
Imagine how delusional you have to be to not understand what a disaster this midterm was for the GQP and to take it a step further - embracing the Cheeto hued loser that is Trump. The former GOP does not exist. Trump killed the GOP. Say it slowly until that sinks in. And you spend a large portion of your day defending him while parroting "I am not a Republican"
A political party not winning as many seats as they thought they would is hardly breaking news.
Over 100,000,000 people voted in the House races. 52% of the votes went to Republicans.
The election isn't the repudiation you seem to think it is.
Trump's influence on the GoP is a positive influence in the long run. The most unlikeable people in the party (the neocons) are now all Democrats.
You can keep Liz Cheney.
I don't spend much time at all defending Trump and when I do my argument is simply that even if he's as horrible as you think he is he is STILL better for the country than Democrats are.
Imagine how delusional you have to be to not understand what a disaster this midterm was for the GQP and to take it a step further - embracing the Cheeto hued loser that is Trump. The former GOP does not exist. Trump killed the GOP. Say it slowly until that sinks in. And you spend a large portion of your day defending him while parroting "I am not a Republican"
TAITR (TheAdultInTheRoom) became a Catholic to get a woman. He has no principles that he won’t sacrifice the moment he perceives it is in his self-interest. He says he is not a Republican because he is too much of a raging (and he has been raging a lot lately) Narcissist to acknowledge that he is a sheep who is no different than the millions of empty headed kool-aid drinkers who would swear allegiance to anything to finally get whet they want, as he proved in his marriage.
You MUST be an incel to be so hung up on my marriage.
You can't defend a single opinion you have which is why 100% of your posts are personal insults.
I don’t have any economics education other than a 100 level class where my liberal professor gave us The Price of Inequality which argues from a pretty liberal perspective. Essentially, inequality leads to rent seeking and monopolizing which encourages the richest people to take a large share from the pie instead of making the pie bigger.
But I’m not exactly sure how the pie gets bigger. I know Keynesian economics has some sort of government spending built in to continually increase total money supply, but I’m otherwise not sure how money funneling upwards isn’t functionally a zero sum game. Money doesn’t just appear, right? We can agree that money doesn’t just appear. It has to be government debt, other countries we sell things to, etc. As usual, I’m inviting someone smart and educated to explain things, but I’m usually pretty disappointed by the result.
In the simplest terms if there was a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
Income inequality is an aspect of economics that resonates with many Americans: It feels like the rich are getting richer, while the rest are having a hard time just getting by. What would income distribution look like today...
Basically, bottom 25th wages grew about 5 thousand dollars in 40 or so years. I guess this means everyone is getting richer, but I wonder if costs have also gone up in that time. These wages should be inflation adjusted but what about college, for example. Meanwhile top 1% growth greatly outpaces gdp.
In the simplest terms if there [were] a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
Yes, this is correct. Economies (can) grow. And if an economy grows faster than the population, then on average each individual in that country becomes wealthier.
Basically, bottom 25th wages grew about 5 thousand dollars in 40 or so years. I guess this means everyone is getting richer, but I wonder if costs have also gone up in that time. These wages should be inflation adjusted but what about college, for example. Meanwhile top 1% growth greatly outpaces gdp.
The rich are definitely getting rich faster.
But then they bring a lot more to the table.
If poor people bring something to the table they stop being poor.
Ha! Look at the downvotes you got! Looks like that comment got you sh!tcanned!
To my comment that you so stupidly commented on, you go look in the mirror (don't post here, because I don't care to hear your nonsense), and you tell yourself how it is that ANYTHING I said there is wrong. Hey, if you want Republicans to continue to embrace Trump, meaning that they will continue to lose, then go ahead and stay delusional. I have no idea who you are other than you have presented yourself as a very stupid person, but maybe you have the ability to see the error of your ways.
I will boil it down for you since you are obviously challenged. If Republicans want to remain a viable party and do well in elections going forward, they need to change pretty much everything...with the biggest thing being embracing reality.
Imagine how diseased your mind needs to be to think that losing the House is a validation of your policies...
This was a historically good mid-term election for Dems, especially when you consider what has always happened to the party in power and how low the President's approval rating was and currently is.
The election doesn't validate that the Dems policies are good. It validates how toxic many Americans believe the right, and most notably, the far right has become. If the GOP had put up a bunch of "normal" republicans, the red wave would have happened. But instead we got a bunch of crazies, pushed, emboldened and promoted by Trump. This election made it clear that there is no future for Humpty Trumpty and his minions.
Republicans are likely to lose both governor's seats and state legislatures, and they might fail to gain a single Senate seat. Here's how unusual that is.
In the simplest terms if there [were] a finite pie people would get poorer as the population increased. The opposite is occurring.
GDP in 1990 was $6 trillion. Today it's around $23 trillion. If wealth was zero sum GDP would be constant.
Yes, this is correct. Economies (can) grow. And if an economy grows faster than the population, then on average each individual in that country becomes wealthier.
Imagine how diseased your mind needs to be to think that losing the House is a validation of your policies...
This was a historically good mid-term election for Dems, especially when you consider what has always happened to the party in power and how low the President's approval rating was and currently is.
The election doesn't validate that the Dems policies are good. It validates how toxic many Americans believe the right, and most notably, the far right has become. If the GOP had put up a bunch of "normal" republicans, the red wave would have happened. But instead we got a bunch of crazies, pushed, emboldened and promoted by Trump. This election made it clear that there is no future for Humpty Trumpty and his minions.
The practice by some campaigns and outside groups this year has divided Democrats, with some in the party complaining that such tactics are risky and could result in the election of candidates who pose serious threats to demo...
"For the Democrats to hide behind this, and say they're not helping these extreme candidates, I think is transparently nonsensical," Robert Lieberman said.
Imagine how delusional you have to be to not understand what a disaster this midterm was for the GQP and to take it a step further - embracing the Cheeto hued loser that is Trump. The former GOP does not exist. Trump killed the GOP. Say it slowly until that sinks in. And you spend a large portion of your day defending him while parroting "I am not a Republican"
TAITR (TheAdultInTheRoom) became a Catholic to get a woman. He has no principles that he won’t sacrifice the moment he perceives it is in his self-interest. He says he is not a Republican because he is too much of a raging (and he has been raging a lot lately) Narcissist to acknowledge that he is a sheep who is no different than the millions of empty headed kool-aid drinkers who would swear allegiance to anything to finally get whet they want, as he proved in his marriage.
Not cool to attack someone's spirituality. Few of you are having a discussion and a lot of you are just attacking to attack.
Basically, bottom 25th wages grew about 5 thousand dollars in 40 or so years. I guess this means everyone is getting richer, but I wonder if costs have also gone up in that time. These wages should be inflation adjusted but what about college, for example. Meanwhile top 1% growth greatly outpaces gdp.
The rich are definitely getting rich faster.
But then they bring a lot more to the table.
If poor people bring something to the table they stop being poor.
I don’t think the top .1% bring anything extra to the table that justifies their massive gains in wealth. Of course there are skilled positions that are going to accrue a higher salary. Software engineer, doctor, quant, lawyer, etc., but I don’t think the Elon Musks and Jeff Bezoses of the world deserve to make a bajillion times more. The GDP seems to grow due to population growth and productivity growth, both of which are generated by regular workers. Bezos didn’t single handedly engineer the entire Amazon supply chain, but he gets paid like he did. I don’t think any single person is worth more than a few million a year. No human being provides more value than that.
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