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Aug 13 2021 10:29pm
days after the harris/biden admin trying to brag by sending biden to read off a queue card clamoring about “restoring lost jobs” we see this:

https://www.cnbc.com/2021/08/13/consumer-sentiment-measure-falls-to-pandemic-era-low-sees-one-of-largest-drops-on-record.html

Consumer sentiment measure falls to pandemic-era low, sees one of largest drops on record

The University of Michigan’s consumer sentiment index tumbled to 70.2 in its preliminary August reading.
That was the lowest reading since 2011.

Quote
Consumer sentiment hits lowest level since 2011 amid delta variant concerns
A key consumer sentiment reading saw a dramatic drop in early August as the delta variant of Covid-19 increased fears about the path of the economy, the University of Michigan said Friday.

The consumer sentiment index tumbled to 70.2 in its preliminary August reading. That is down more than 13% from July’s result of 81.2 and below the April 2020 mark of 71.8 that was lowest of the pandemic era.


It was the lowest reading for the measure since 2011. Economists surveyed by Dow Jones were expecting a reading of 81.3 for August.


US consumer sentiment is lower now under harris/biden admin - even with 3 vaccines made available thanks to efforts by companies and the prior administration, than it was during the throes of the pandemic in April 2020

dont forgot per the harris/biden admin, academia “economists” and federal reserve there is no inflation and if there is, it’s only ‘transitory’. and spending like $3.5T on special interests will fix the problems they say don’t exist
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Aug 13 2021 11:52pm
Quote (bogie160 @ 13 Aug 2021 13:26)


I'm starting to wonder if we'll see Asians move more toward the GOP in coming years as playing favorites to blacks and hispanics becomes ever more important for Democrats and as Asians learn that they are on the wrong side of this debate with their undue amounts of privilege, inusfficient complexion and their belief in color-blind meritocracy.

But then again... the Asian girls I know who were raised in the West (sample size > 20) tend to be GIGA-woke, so maybe I'm reading the tea leaves wrong on this one.

This post was edited by Black XistenZ on Aug 13 2021 11:54pm
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Aug 14 2021 12:10am
Quote (thesnipa @ 13 Aug 2021 13:54)
you can't acknowledge they've had little legislative control AND take their policy at face value, a party out of power always throws wild pitches to rile up the base to regain control. look at the GOP "repealing obamacare" many times over while Obama was in office knowing it would get vetoed. then when given the chance under trump to fix it they did nothing. that's politics. ive said their messaging was more extreme than their legislation, specifically on the charge u laid on social issues which like obamacare they use to rile up the base.
Parties usually tend to make good on their campaign promises. More often than not, it doesn't pan out, but this doesn't mean they're not trying.

Sure, sometimes wild pitches are thrown around, but these always come with the risk of also riling up the other side in opposition.


The GOP tried in earnest to repeal Obamacare, keep in mind that they got super close. They were one John McCain thumbs up away from getting it done. (In which case they would have been fucking OBLITERATED in 2018, so they can thank him for saving them from themselves.)
That it would be tough to get the repeal bill through Congress given their slim majorities was no surprise. It's also a specific example in that the GOP never had a real debate about which alternative to Obamacare they actually want. By contrast, progressives have plenty of wonky people with specific plans and policies in store, like Elizabeth Warren.


Quote
out of context, watered down moderate legislation was again in contrast to scary social issue legislation like trans rights laws in canada or new categories of hate crimes that scare white people, not in historical context given their category (infrastructure in this context). and we're spending so much more because so many issues have been passed down, infrastructure is seriously suffering and needs and overhaul. overhauls are always expensive.

Except that most of Biden's spending spree is not slated for infrastructure:
Most of the $1.9 trillion covid relief bill was not infrastructure. Of the recently advanced $1 trillion infrastructure bill, "only" $550m consist of actually new spending. And the $3.5 trillion monstrosity that Dems are hoping to pass via budget reconciliation in upcoming months mostly consists of social spending that they misleadingly frame as "social infrastructure".

So of the over $5 trillion in spending that the Biden admin has already passed or intends to pass in the immediate future, less than $1 trillion is actually going to roads and bridges.
Hence, the decades of underspending and watching (physical) infrastructure crumble are not a valid excuse for the overall level of spending by the Biden admin

This post was edited by Black XistenZ on Aug 14 2021 12:12am
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Aug 14 2021 01:40am
Quote (thesnipa @ 13 Aug 2021 04:54)
infrastructure is seriously suffering and needs and overhaul. overhauls are always expensive.


If we're talking true infrastructure, such as bridges, dams, freeways, etc. then very little is going to infrastructure. Further, much of what is going to infrastructure should not be.

The federal government is not responsible for state-level infrastructure. California, New York, and New Jersey are among the highest overall taxing states in the nation, yet between them have some of the worst infrastructure, and put the lowest level of funding towards their infrastructure. What money from the bills is going to infrastructure is heavily weighted towards those three states specifically. And here's the rub: It's all state-level infrastructure. As in, the Federal Government is only tasked with maintaining it's own infrastructure, which would include things like Interstate Freeways, some of the larger dams that impact water supplies for multiple states, etc. So when they start dropping billions on high tax blue states for state-based infrastructure, what they're effectively doing is taxing the people of states that do put a high focus on their state level infrastructure in order to pay for the infrastructure maintenance of those that don't.

Basically, it's the question of "Why do we need to rob State A to pay State B's bills?"
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Aug 14 2021 03:59am
Quote (thesnipa @ Aug 13 2021 07:54am)
you can't acknowledge they've had little legislative control AND take their policy at face value, a party out of power always throws wild pitches to rile up the base to regain control. look at the GOP "repealing obamacare" many times over while Obama was in office knowing it would get vetoed. then when given the chance under trump to fix it they did nothing. that's politics. ive said their messaging was more extreme than their legislation, specifically on the charge u laid on social issues which like obamacare they use to rile up the base.



out of context, watered down moderate legislation was again in contrast to scary social issue legislation like trans rights laws in canada or new categories of hate crimes that scare white people, not in historical context given their category (infrastructure in this context). and we're spending so much more because so many issues have been passed down, infrastructure is seriously suffering and needs and overhaul. overhauls are always expensive.


Not gunna happen with $100/hr steel union wages plus layers and layers of contractors. Dream on.

This post was edited by EndlessSky on Aug 14 2021 03:59am
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Aug 14 2021 08:06am
Quote (Black XistenZ @ 14 Aug 2021 01:52)
I'm starting to wonder if we'll see Asians move more toward the GOP in coming years as playing favorites to blacks and hispanics becomes ever more important for Democrats and as Asians learn that they are on the wrong side of this debate with their undue amounts of privilege, inusfficient complexion and their belief in color-blind meritocracy.

But then again... the Asian girls I know who were raised in the West (sample size > 20) tend to be GIGA-woke, so maybe I'm reading the tea leaves wrong on this one.

it will take time. they will once they start having families, moving up in their career fields and seeing more instances of the lefty brigade calling them “white” to help statistics look the way the woke want them to. being called privileged when their parents (or even themselves) moved to the West with nothing in their pockets. a great deal minorities and plenty of lefty white people absolutely despise Asians (not that the different nationalities within Asia get along much!). the shit gets old quickly

we are still in the era where young black people violently assaulting knocking out random elderly asian women and grandfathers on the street are being blamed on “white supremacy”, or just outright ignored by the mainstream powers that be
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Aug 14 2021 08:14am
Quote (excellence @ Aug 14 2021 04:06pm)
it will take time. they will once they start having families, moving up in their career fields and seeing more instances of the lefty brigade calling them “white” to help statistics look the way the woke want them to. being called privileged when their parents (or even themselves) moved to the West with nothing in their pockets. a great deal minorities and plenty of lefty white people absolutely despise Asians (not that the different nationalities within Asia get along much!). the shit gets old quickly

we are still in the era where young black people violently assaulting knocking out random elderly asian women and grandfathers on the street are being blamed on “white supremacy”, or just outright ignored by the mainstream powers that be


thats a dangerous game, attack these people too much and they will leave

the same people that changed locations to be more successful will do it again, when they need to
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Aug 14 2021 09:20am
Quote (excellence @ Aug 14 2021 12:29am)
days after the harris/biden admin trying to brag by sending biden to read off a queue card clamoring about “restoring lost jobs” we see this:

https://www.cnbc.com/2021/08/13/consumer-sentiment-measure-falls-to-pandemic-era-low-sees-one-of-largest-drops-on-record.html

Consumer sentiment measure falls to pandemic-era low, sees one of largest drops on record

The University of Michigan’s consumer sentiment index tumbled to 70.2 in its preliminary August reading.
That was the lowest reading since 2011.



US consumer sentiment is lower now under harris/biden admin - even with 3 vaccines made available thanks to efforts by companies and the prior administration, than it was during the throes of the pandemic in April 2020

dont forgot per the harris/biden admin, academia “economists” and federal reserve there is no inflation and if there is, it’s only ‘transitory’. and spending like $3.5T on special interests will fix the problems they say don’t exist



Unfortunately, in 2021 morale and outlook for the country is plummeting.
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Aug 14 2021 09:24am
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Aug 14 2021 09:45am
Quote (cambovenzi @ 14 Aug 2021 15:24)


free mini nukes for all imo

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