OILERMAN Posted November 7, 2024 Report Share Posted November 7, 2024 2 minutes ago, Jamalisms said: The cringiest shit. If you're not into a MMA steel cage death-matches to resolve political differences than go drink some libtard soup!!! Alzarius 1 Link to post Share on other sites More sharing options...
ctm Posted November 7, 2024 Report Share Posted November 7, 2024 4 minutes ago, oldschool said: @OILERMAN This is the point i made yesterday and you brought up again this morning. This was the most pro labor admin, fuck off Bernie, in 50 years and it didn't matter, because the price of milk and eggs was too high. The average voter simply doesn't understand the global economic impact of covid or didn't care. I'll say it again the take away is voters care more about low prices than unemployment. Fiscal stimulus and curb stomping housing rates to ward off recession and job loss should be a thing of the past. It absolutely crushed the working and middle class. I think you can make an argument that the federal reserve waited too long to start raising rates. So they eventually had to go higher and faster. The increase in inflation wasn't all on the fiscal side, at least part was monetary. Regardless, the party in the white house gets the blame and suffers the consequences. oldschool 1 Link to post Share on other sites More sharing options...
OILERMAN Posted November 7, 2024 Report Share Posted November 7, 2024 Just now, ctm said: Regardless, the party in the white house gets the blame and suffers the consequences. Bottom line ^ By not dropping out sooner and announcing he was one term and not having a chance to get a candidate not associated with the current administration they were boxed in and at a huge disadvantage Jamalisms 1 Link to post Share on other sites More sharing options...
Mercalius Posted November 7, 2024 Report Share Posted November 7, 2024 7 minutes ago, Jamalisms said: The cringiest shit. you would know Wonton Link to post Share on other sites More sharing options...
TheBukafax Posted November 7, 2024 Report Share Posted November 7, 2024 11 minutes ago, OILERMAN said: Exactly..... "There's nothing Harris could have done because voters primarily care about their personal finances at the same time as being economically illiterate" Every day people struggle to pay their monthly bills regardless of high stock market, low unemployment, I doubt 90% know that the US was reducing inflation faster than any other country etc.... Trump had the advantage of lower prices under his term, regardless of the context, then add in the bombastic claims to lower energy by 50% overnight, reduce taxes and end inflation. People want to hear and believe that stuff vs detailed policy explanations. I think Canada has you guys beat on time to reduce. We are hitting deep interest cuts right now last month was half a point, another half in Dec. Link to post Share on other sites More sharing options...
IrishTitansFan Posted November 7, 2024 Report Share Posted November 7, 2024 (edited) 24 minutes ago, oldschool said: @OILERMAN This is the point i made yesterday and you brought up again this morning. This was the most pro labor admin, fuck off Bernie, in 50 years and it didn't matter, because the price of milk and eggs was too high. The average voter simply doesn't understand the global economic impact of covid or didn't care. I'll say it again the take away is voters care more about low prices than unemployment. Fiscal stimulus and curb stomping housing rates to ward off recession and job loss should be a thing of the past. It absolutely crushed the working and middle class. You are incorrect here. Different situation, but in Europe post 2008, the countries that implemented Austerity measures did way worse than the countries that went the opposite way and implemented fiscal stimulus. Austerity governments got wiped out In any time of economic crisis, including inflation, you should support the lowest rung in societies ability to deal with the crisis. The inflation issue wasn't caused by Bidens stimulus, it was a supply side covid/war issue that hit everywhere. They did a bad job explaining that to regular people. But, in the future they should not reduce stimulus or they will again give way to the right "A study by Gabriel et al., analyzing elections in 124 European regions from eight countries between 1980 and 2015, found that fiscal consolidations increased the vote share of extreme parties, lowered voter turnout, and heightened political fragmentation. Notably, after the European debt crisis, a 1% reduction in regional public spending resulted in an approximate 3 percentage point rise in the vote share of extreme parties. The findings suggest that austerity measures diminish trust in political institutions and encourage support for more extreme political positions" Edited November 7, 2024 by IrishTitansFan Jamalisms 1 Link to post Share on other sites More sharing options...
ctm Posted November 7, 2024 Report Share Posted November 7, 2024 (edited) 6 minutes ago, TheBukafax said: I think Canada has you guys beat on time to reduce. We are hitting deep interest cuts right now last month was half a point, another half in Dec. We'll know more today. I'm expecting .25% cut, maybe .50% Edited November 7, 2024 by ctm Titandan 1 Link to post Share on other sites More sharing options...
KenAmato58 Posted November 7, 2024 Report Share Posted November 7, 2024 (edited) good morning, pussies! Edited November 7, 2024 by KenAmato58 Mercalius, and Stevenths78 2 Link to post Share on other sites More sharing options...
oldschool Posted November 7, 2024 Report Share Posted November 7, 2024 (edited) 17 minutes ago, IrishTitansFan said: You are incorrect here. Different situation, but in Europe post 2008, the countries that implemented Austerity measures did way worse than the countries that went the opposite way and implemented fiscal stimulus. Austerity governments got wiped out In any time of economic crisis, including inflation, you should support the lowest rung in societies ability to deal with the crisis. The inflation issue wasn't caused by Bidens stimulus, it was a supply side covid/war issue that hit everywhere. They did a bad job explaining that to regular people. But, in the future they should not reduce stimulus or they will again give way to the right "A study by Gabriel et al., analyzing elections in 124 European regions from eight countries between 1980 and 2015, found that fiscal consolidations increased the vote share of extreme parties, lowered voter turnout, and heightened political fragmentation. Notably, after the European debt crisis, a 1% reduction in regional public spending resulted in an approximate 3 percentage point rise in the vote share of extreme parties. The findings suggest that austerity measures diminish trust in political institutions and encourage support for more extreme political positions" It's more complex than that. I never said inflation was caused by the stimulus, it wasn't. Covid caused it but the stimulus went too far and like @ctm said the Fed was slow to respond. Nothing would have stopped inflation in 2021 but it could have been mitigated better. Bottom line is every incumbent government in developed countries post covid was thrown out of power by voters. My argument is that the response to global inflation exacerbated the underlying issue and the data supports it. Edited November 7, 2024 by oldschool Link to post Share on other sites More sharing options...
headhunter Posted November 7, 2024 Report Share Posted November 7, 2024 Where do the Dems go from here? They can't run on abortion or the border. They have no young up and coming leaders and there's nobody that can take on Vance, Tulsi, Vivik in a debate. Stevenths78 1 Link to post Share on other sites More sharing options...
oldschool Posted November 7, 2024 Report Share Posted November 7, 2024 30 minutes ago, OILERMAN said: Bottom line ^ By not dropping out sooner and announcing he was one term and not having a chance to get a candidate not associated with the current administration they were boxed in and at a huge disadvantage Biden obviously should have dropped out earlier and not even run for a 2nd term but it wouldn't have mattered in the end. Voters blamed the party in power and that's why the GOP won a trifecta. What I worry about is the dems chalk up the loss to economic factors outside of their control and run it back the same way in 2026 and 2028. I think that would be a massive mistake. Jamalisms 1 Link to post Share on other sites More sharing options...
KenAmato58 Posted November 7, 2024 Report Share Posted November 7, 2024 Just now, headhunter said: Where do the Dems go from here? They can't run on abortion or the border. They have no young up and coming leaders and there's nobody that can take on Vance, Tulsi, Vivik in a debate. They need to quit being self righteous retards. But alas, they are still blaming the election results on racism and misogyny. These people are pathetic. Stevenths78 1 Link to post Share on other sites More sharing options...
Jamalisms Posted November 7, 2024 Report Share Posted November 7, 2024 2 minutes ago, oldschool said: Biden obviously should have dropped out earlier and not even run for a 2nd term but it wouldn't have mattered in the end. Voters blamed the party in power and that's why the GOP won a trifecta. What I worry about is the dems chalk up the loss to economic factors outside of their control and run it back the same way in 2026 and 2028. I think that would be a massive mistake. I don't think they were guaranteed defeat if someone outside the administration had won the primary ... but there's a lot of appeal to blaming the party in power. But I've seen plenty to suggest that the initial reaction people are having is to just say it was the economy and not party and messaging and vision problem and I fully expect them to do what they always do as a party. OILERMAN 1 Link to post Share on other sites More sharing options...
oldschool Posted November 7, 2024 Report Share Posted November 7, 2024 1 minute ago, Jamalisms said: I don't think they were guaranteed defeat if someone outside the administration had won the primary ... but there's a lot of appeal to blaming the party in power. But I've seen plenty to suggest that the initial reaction people are having is to just say it was the economy and not party and messaging and vision problem and I fully expect them to do what they always do as a party. https://x.com/DKThomp/status/1854498882438181265?t=1W9XzEM0BpU1BFGbGe2qkw&s=19 Every incumbent party lost vote share... so yes that was inevitable but saying oh well, we shouldn't change anything is a recipe for disaster. We agree on that. Link to post Share on other sites More sharing options...
ctm Posted November 7, 2024 Report Share Posted November 7, 2024 (edited) 17 minutes ago, Jamalisms said: I don't think they were guaranteed defeat if someone outside the administration had won the primary ... but there's a lot of appeal to blaming the party in power. But I've seen plenty to suggest that the initial reaction people are having is to just say it was the economy and not party and messaging and vision problem and I fully expect them to do what they always do as a party. If Biden dropped out earlier, I think Harris would have won the primaries/nomination and been further damaged by the process and criticism her opponents would have leveled at her. Edited November 7, 2024 by ctm tgo 1 Link to post Share on other sites More sharing options...
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