Forgot your password?
typodupeerror

Comment Re:DST is Dumb (Score 1) 263

Child safety and actual auto deaths are nothing when compared to the inconvenience of, y'know, changing the time you get up TWO WHOLE TIMES a year. THAT'S the REAL ISSUE. /sarcasm

People can't even complain they have to change their clocks, since easily 95%+ get their time from their phones or computers that auto-set anyway.

Comment Re:You can't live below your means (Score 1) 90

> radical increase in legal wage floors
The Federal minimum wage remains unchanged.

Notice how I didn't say anything about the Federal minimum wage?
30 states + DC (basically, the blue ones) have implemented minimums of $15 and higher, some of those nearly doubling their previous $8 rates.

Pls, show me where QE or QE-like policies were implemented in 2001? The Fed rate was cut, but they didn't print money like drunken sailors in 2008, 2010 (less so), and 2012. What incompetent wastrel was president each of these times, again? I'm not even arguing 2008 due to the crisis (I still disagree with it, but my job isn't to get re-elected either). But democrats perhaps need to stop trying to print themselves out of every crisis, maybe?

I don't get your point about qe vs money to 'ordinary people'? I prefer NO increase in M1 no matter in whose pockets it lands. Whether it's largesse to billionaires or 'hardship checks' to 200m 'ordinary' people, THAT INCREASES INFLATION.

And no, it WAS $1trn, or as close as matters:
I see:
1) (CARES Act, 2020): Up to $1,200/adult + $500/child. Total: ~$300b.
2) (Dec. 2020 / Consolidated Appropriations Act): Up to $600/adult + $600/child. Total: ~165b.
3) (American Rescue Plan, 2021): Up to $1,400/person incl dependents Total: ~$410b.
I callt it about $900b, the GAO tallies $931 billion across roughly 165 million recipients

(https://www.gao.gov/products/gao-22-106044)

This is DIRECT PAYMENTS to people.

Stupid Keynesians actively validating the damned gold-bugs.

Comment Re:Read my words: ai will ... (Score 0) 106

"if they can accuse important people without evidence and make them spend time and money"

So, for example, dredging up (in a suitable venue ofc) some ancient bimbo who diddled some rich guy in a dressing room (though she can't remember exactly when, or what she was wearing, and....well... She does admit to finding rape kinda sexy before she's dragged off the air), carefully not bringing the case to criminal court? Like that?

Comment Re:You can't live below your means (Score 1) 90

"... the way that the Federal reserve deals with that is every few years they crank interest rates. "

What?
That's absolutely the opposite of the data.

The US has generally had - aside from ww1/WW2, and the explosive 1970s - an inflation rate of 3-3.5% since 1900.

The last 25 years have had extraordinarily LOW inflation until the literal shoveling of money toward the public during COVID. ($5t in "assistance" including $1.8t in DIRECT payments).
Couple that with an insistence on the radical increase in legal wage floors across the country - how would those policies (which, I recall, you militantly supported) NOT be inflationary?

It's hypocrisy to blame "the Federal Reserve" for the logical, predicted outcome of the policies you have rather militantly endorsed.

Slashdot Top Deals

Nothing will dispel enthusiasm like a small admission fee. -- Kim Hubbard

Working...