Re: Unfortunately, repeating a lie 3x won't make it magically come true! /s
BeamMeUpScotty <[email protected]> Fri, 20 Jan 2023 10:46:42 -0500
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On 1/19/23 10:51 AM, -hh wrote: > On Thursday, January 19, 2023 at 9:54:46 AM UTC-5, -hh wrote: >> On Thursday, January 19, 2023 at 9:12:15 AM UTC-5, -hh wrote: >>> On Wednesday, January 18, 2023 at 11:22:29 PM UTC-5, [email protected] wrote: >>>> On Wed, 18 Jan 2023 17:13:33 -0800 (PST), -hh wrote: >>>> >>>>>> Yes the jobs are downsized, as the economy contracts. >>>> This is 2023, not 1983. >>>>> "Latest data is still 3Q22, which had an annualized rate of +3.2% GDP. >>>>> Current estimate for all of 2022 is a real GDP growth of +2% YoY." >>>>> >>>>> So where's this contracting economy? Because with continued rock-bottom unemployment >>>>> (latest: 3.5%) and GDP growth, the Fed's going to continue to push rate increases to damp down >>>>> inflation .. and those higher interest rates are good for old Joe Retiree and Joe About-To-Retire. >>>>> >>>>> Overall, it seems that your main complaint actually isn't about the Economy, but rather that >>>>> the inflation from Trump stimulus payments with CoVid supply chain disruptions is being >>>>> brought into line without crashing the economy or other drama...and that's despite additional >>>>> economic monkey-wrenches thrown in with China's CoVid surge and Russia's war in Ukraine. >>>> All the more remarkable that the economy is doing as well as it is. >>> >>> Simply illustrating that Economists have learned at lot over the past 40 years. >>> >>> And not just in the US: >>> >>> "UniCredit CEO Andrea Orcel joins the chorus of cautious optimism among the global elite in >>> Davos, saying Europe may see slightly positive growth this year even as risks remain..." >>> >>> <https://www.bloomberg.com/news/articles/2023-01-19/davos-latest-zelenskiy-appeals-to-allies-for-main-battle-tanks> >>> >>> The main hitch that we've had recently with economic policy for recession reduction occurred >>> in 2011, when US Republican-lead 'Austerity' measures choked off the recovery, nearly causing >>> a double-dip recession. Europe learned from this too, particularly in Spain & Greece where they >>> did have strong Austerity cuts from their Right and did have a double-dip. YMMV on how long >>> we'll remember this lesson, but for now, we've not forgotten it yet. >>> >> And in today's business news: >> >> New unemployment insurance claims fell last week (to 190,000); no evidence yet of layoffs rising. >> >> <https://www.marketwatch.com/story/jobless-claims-fall-to-four-month-low-of-190-000-11674135327> > > Oh, and found this comment made on egg prices today: > > "#1 - 50,000,000 chickens have died in the U.S. due to Avian flu. > > #2 - Supply and demand made egg prices increase. > Are regulations part of supply and demand? Regulations are what is known as the government putting their thumb on the scale of supply and demand. Which means all the regulations are a cumulative ship the size of the Titanic weighing on the scales against WE THE PEOPLE. Release the government BOOT HEEL of regulation from the throat of the people and the price of eggs will seek their NATURAL value. > #3 - That's classic capitalism, which y'all love...until you pay $5 for a dozen eggs. > Then you want the government to do something about it. That's socialism." I suggested what we do about it is to, NOT destroy the Capitalism with Regulations and laws, this is the Government causing StagFlation and eggs to cost $5.++ to $8.++ And we know because it's NOT just eggs it's economy wide. > <https://twitter.com/MichaelJStern1/status/1615429425180426240> Fiat currency created from ZRO INTEREST RATES and thin air and spent by Democrats... That's called economic suicide NOT Capitalism, and I suggest that it is also Unconstitutional. But it's NOT classic Capitalism. What part of Capitalism says you can steal from one person to give to another using TRANSFER PAYMENTS or a "tax law" ? Remember that laws are NOT superior to the U.S. Constitution. No tax law can do what a clause of the U.S. Constitution does NOT delegate the power to do... and that's the same for taking money from WE THE PEOPLE as it is for Spending the money with appropriations laws. Which is why the U.S. Constitution tell Congress what they can pay for wit tax dollars... anything NOT listed can't be paid for using tax dollars. Just adhering to the Constitution should reduce the wasteful spending and improve the inflation problems as well as reduce the regulations to help the STAGNANT ECONOMY GROW. As I have been repeating it for well over 12 years "that the only way to defeat stagflation" is to reduce the size and the growth and regulations of GOVERNMENT. And it's still the TRUTH, just as it was the first time I said it. We even added a Constitutional Amendment making it illegal and unconstitutional for Government to steal money(labor) from one person and give it to another person except as part of due process in a court and is sentenced as punishment for that person. *Amendment XIII* Section 1. Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction. This applies to the States and the Federal Government Fascism as well as the PRIVATE SECTOR economy of Capitalism. -- - - - - - - - - - - -Reality Matters- https://www.breitbart.com/politics/2022/12/09/elise-stefanik-twitter-lied-to-congress-about-shadow-banning-conservatives/ ------------------------------------------------------- And TWITTER and the FBI lied about working together as a part of the SHADOW GOVERNMENT to limit free speech. They became the *Ministry of TRUTH* that was run by the *SHADOW* *GOVERNMENT* . For those out there that said *the SHADOW GOVERNMENT is tinfoil hat* *territory* ...you better stock up on tinfoil.