wish we were more like Europe?
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Yeah, don’t you
Category: Basic Economics
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Is anyone surprised
that inflation has gone higher? DUH!
Honestly, is the Left just totally ignorant of economics? Maybe short-term thinking on steroids. Or was this malicious?
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And Milei got
inflation down from 25% to 2.7% IN ONE YEAR! Ho-lee crap!
Lefties, you should not only be embarrassed but absolutely ashamed! A pox on you and your dumb-donkey economics. Aren’t you ashamed to have been such utter fools? You should be! And if you had a lick of sense you would be! <sheesh!>
Now go and fly right!
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Why not us?
Why are Democrats so anti-empiricism?
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Well THAT is
a really crappy jobs report! And remember, it will be revised even further down next month…
Last month, there were just 12,000 new jobs, below the consensus estimate of 113,000. This represented the smallest monthly employment gain since December 2020.
And most of the growth is from increases in gov’t employees. So it’s even worse than it looks. And, as always, the bottom line number WILL be revised down next month!
This is just not sustainable! It’s a snake eating its own tail. It won’t end well.
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Wow! That’s just
not sustainable. Not even close!
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Livin’ in a
Shake Shack will shutter six underperforming California locations — the latest fast food chain to close restaurants after the state enacted its controversial $20 minimum wage.
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Welcome to the
Democrat inflation pleasure dome. $11 to $17 for a footlong Subway sandwich? Uh, sorry, but no thanks.
Yes. And it shows in undeniable fashion how much better Conservative economic policies are to Leftist ones. And I think THAT is why Lefties hate Milei so much–he has proved them wrong, and it is just no longer deniable.
Despite these warnings, Milei delivered his “shock therapy” plan in the first few months of his presidency. Tens of thousands of state workers were cut as were more than half of government ministries, including the Ministry of Culture, as well as the Ministries of Labor, Social Development, Health, and Education (which Milei dubbed “the Ministry of Indoctrination”). Numerous government subsidies were eliminated, and the value of the peso was cut in half.
… Contrary to the dire predictions, the results of Milei’s policies have been better than even many of his supporters had dared hope.
The unquestionable FACT is that Lefty, Keynesian policies are just total crapola. They don’t work. In fact, they make things worse. The simple reality is that you can’t spin gold from straw, no matter how hard Keynesians “spin.”
Yet Adam Smith once noted that the formula for prosperity is surprisingly simple, and it doesn’t contain government “stimulus”: just “peace, easy taxes, and a tolerable administration of justice.”
Why does Argentina get a Milei and we don’t? It’s just not fair! <stomps foot>
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The Kamala
economic ignorance (ignorance at best) is just mind-blowing. Unreal. Who would even think this in 2024? How can she not know better?
She must think you voters are really ignorant and stupid!
But is this just a last-ditch flail for her? Maybe this is a “hail Mary.” Still, it seems we are a bit too early for such desperation moves, and the more likely explanation is that she really IS that ignorant.
IF it worked, every country everywhere would be doing it. But it just doesn’t work. Oh, and it has been tried over and over in history. Back in ancient Rome, they tried to artificially lower grain prices–it didn’t work. DUH!
BUT, it does “work” in the sense that it helps lying politicians gain and maintain power. But of course it doesn’t work economically.