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Everything posted by placeholder
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Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
It's a shame that you haven't once, in this thread, offered anything specific that you object to in Biden's comments. Instead you resort to empty generalizations and unsupported assertions. You've got nothing. -
Well, Gazprom for one benefited. Before they were claiming all sorts of dubious reasons why their shipments of gas were being curtailed. That could have left them liable for huge damages in a lawsuit. But if the pipelines were blown up, Gazprom could claim "force majeure". In other words, the reason they weren't shipping gas was because it was outside their control and therefore they weren't legally liable.
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not move forward = blowing up? You get hold of the terrorist version of Webster's Dictionary?
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Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
The NY Post editorial board is your source? Really Here's one whopper from them: "(the chamber was in an uproar at his fake claim that Republicans want to slash Social Security and Medicare)" I cited a few links above that showed his claim is true. Here is the evidence again: Entitlement, Spending Cap Plans Linked by GOP to Debt-Limit Deal The Republican Study Committee, the largest group of House Republicans, released a budget plan in June that called on lawmakers to gradually raise the Medicare age of eligibility to 67 and the Social Security eligibility to 70 before indexing both to life expectancy. It backed withholding payments to those who retired early and had earnings over a certain limit. And it endorsed the consideration of options to reduce payroll taxes that fund Social Security and redirect them to private alternatives. https://about.bgov.com/news/entitlement-spending-cap-plans-linked-by-gop-to-debt-limit-deal/ Republicans Signal Cuts To Social Security, Medicare With New House Majority House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress. Their plans to target health care programs follow demands from a group of conservatives that helped elect House Speaker Kevin McCarthy (R-Calif.) over the weekend. Those far-right lawmakers have sought across-the-board spending cuts in order to tackle the growing national debt. https://news.yahoo.com/republicans-signal-cuts-social-security-175927429.html -
Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
Aparently, at one point she said "The choice is between normal and crazy." She is the person who worked for almost 2 years for Donald Trump. Clearly, that didn't teach her what "crazy" looks like. She had another chance to learn what it looks like when Marjorie Taylor Green shouted out "Liar!" to something truthful and evidence-based that Biden said. Huckabee is clearly a very slow learner. -
Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
Well, considering he outpointed the Republicans during his speech, if that's true, what does that say about them? -
Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
I'm not going to sit through a speech when I can read the takeaways. Can you share with us any specific proposals she made? Republicans have made spending the major issue. What exactly did she propose to lower spending? Given that no one reported it, it seems pretty certain that cutting Social Security and Medicare benefits did not figure in her speech. I did see that she criticized Biden for being twice her age. -
Trump posts Ron DeSantis teacher photos with 'grooming' slur
placeholder replied to onthedarkside's topic in World News
I see you have no defense for showing children sitting in the lap of drag queens. What has that got to do with drag queens reading books to kids in school. And strip clubs are about sex. Are drag queens performing strip teases in school? They're men dressed as women. How is that sexualizing them. It I were a kid, I'd think it was funny and silly. -
Takeaways from Biden’s State of the Union address
placeholder replied to Scott's topic in World News
Entitlement, Spending Cap Plans Linked by GOP to Debt-Limit Deal The Republican Study Committee, the largest group of House Republicans, released a budget plan in June that called on lawmakers to gradually raise the Medicare age of eligibility to 67 and the Social Security eligibility to 70 before indexing both to life expectancy. It backed withholding payments to those who retired early and had earnings over a certain limit. And it endorsed the consideration of options to reduce payroll taxes that fund Social Security and redirect them to private alternatives. https://about.bgov.com/news/entitlement-spending-cap-plans-linked-by-gop-to-debt-limit-deal/ Republicans Signal Cuts To Social Security, Medicare With New House Majority House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress. Their plans to target health care programs follow demands from a group of conservatives that helped elect House Speaker Kevin McCarthy (R-Calif.) over the weekend. Those far-right lawmakers have sought across-the-board spending cuts in order to tackle the growing national debt. https://news.yahoo.com/republicans-signal-cuts-social-security-175927429.html -
US shoots down Chinese spy balloon off East Coast
placeholder replied to Scott's topic in World News
For one thing, a propeller-equipped ballon can stay more or less stationery over a site and monitor it for extended periods. Unlike a satellite. -
Trump posts Ron DeSantis teacher photos with 'grooming' slur
placeholder replied to onthedarkside's topic in World News
Think of Trump as an agent of karma and Desantis getting his due for the all B.S. about minors being groomed by teachers acting on behalf of the LGBGT community. -
I'm not so sure that the current situation is entirely or even mostly owed to the Fed. It's becoming very clear the most of the rise in inflation was due to supply side problems created by the pandemic. There was a shortage of workers and production fell. The worldwide chip shortage is a particularly vivid example of that. That affected huge swathes of industry including automotive manufacturers. We can see that this is the case because as production has recovered inflation has sharply declined in the last 6 months. It's useful to keep in mind that that ordinarily inflation is measured on a year to year basis to discount seasonal variations and statistical flukes. The problem is that in unusual situations like the one that the US economy is in today. that is misleading. For instance, increases in rent and housing account for 40% of the inflation measures. But according tp privately gathered data, like from Zillow, rents have declined sharply in the past several months. That decline won't be reflected in federal figures until a year from when it started to happen. That's one reason why inflation is now much lower than the official annual figure shows.
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Well, if you're going to have Trump take credit for the low inflation rate when he left office, then it's only fair he should be given credit for the unemployment rate, too. In January 2021 the unemployment rate was 6%. Now it's. 3.4%. The lowest level since 1969. https://www.bls.gov/news.release/archives/empsit_02052021.pdf The labor force participation rate was 61.1%. Now it's 62.4% https://fred.stlouisfed.org/series/CIVPART Of course, you and I could both be honest and factor in the economic effects of the covid pandemic and the war in Ukraine. But why do that when playing fast and loose with the facts is so much more fun.
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Hong Kong: Largest national security trial begins
placeholder replied to Social Media's topic in World News
Still trying to get a rise out of aseannow members? -
UK economy only G7 nation to shrink in 2023 - IMF
placeholder replied to Scott's topic in World News
Interesting. I didn't know that the UK already had bilateral free trade agreements with 7 of the 11 member countries and digital economy agreements with Singapore and Japan. Kind of lessens the impact, no? -
UK economy only G7 nation to shrink in 2023 - IMF
placeholder replied to Scott's topic in World News
Actually, if anybody can't get over themselves it's you. Hotandsticky made a false assertion, and then you decided to share your feelings about Brexit, instead of address the issue he raised and I responded to. And once again you decide to address my motivations, rather than the facts. You've got nothing. -
UK economy only G7 nation to shrink in 2023 - IMF
placeholder replied to Scott's topic in World News
*Removed post edited out* I remember when the Brexiters were touting the benefits of a free trade agreement with the USA. The government came out with an estimate that over time, it would increase the UK's GDP by 0.1%. The fact of the matter is that tariffs are already very low. Which explains why Chinese and Japanese products, among others, have been so successful in the UK and the EU. And claiming that closer ties with Malaysia and Chile will amount to some sort of important success sounds desperate. Malaysia and Chile, really? The fact is that the 2 most important factors that determine trade with other nations is the size of their economy and proximity. Unless someone has a feasible plan to sail the UK a lot closer to Asia, the benefits of this will be quite limited. And, if history is any guide, it won't compensate for the damage done to the UK economy by Brexit.