Drill Baby Drill...the US Politics Thread (Part 2)

Just magical. I wonder how much his favourite can of coca cola (or Pepsi) will go up by? Probably drinks 10 a day

So far he has been terrible for Ukraine, but whatever. I take it you mean Kellogh.

  1. Demand of 500 bil dollar worth of rare earth minerals for ā€œaidā€.
    Trump Demands $500Bln in Rare Earth Metals From Kyiv, Says Ukraine ā€˜May Be Russian Somedayā€™ - The Moscow Times

  2. Instant cut off of all civilian aid with already disastrous consequences.

  3. The idea that when Putin (who has already rejected the first draft of the so called Trump Peace Plan which leaked previously ) rejects the offer, that Trump will then suddenly become very hostile to the Kremlin and embrace support of Ukraineā€™s defensive war goals, is something I see a lot of people are HOPING for (because the chance is not 0.000%), but itā€™s rather naive to plan for it.

  4. Your political opinions aside, I think your arguments are very weak and I who know more than many (I donā€™t think it is arrogant to say ā€œmostā€ either tbh, given how much I read) about the Russo-Ukrainian War, would never dare to gaze into my crystal ball and make the forecast you just did.

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What about the paper straw manufacturing industry?

Sen. Warren (D-Mass) also upset with Powell for the Federal Reserveā€™s reluctance to lower interest rates, for almost exactly the same reasons as Trump. The US economy is performing well overall, but inflation has ticked upwards. It is exactly the wrong time to be cutting interest rates.

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I might be misremembering but isnā€™t Sen. Warren a follower of Moslerā€™s ideas?

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Did he die on the shitter yet?

I believe she is indeed enthusiastic about MMT, but has been rather less vocal about it since we saw the inevitable inflation spike. The surge in spending around covid emboldened a lot of MMT supporters, because we didnā€™t see the expected inflationā€¦until we did.

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Judge Orders Trump Administration To Restore Public Health Pages It Took Down

A federal judge has ordered the Trump administration to restore public health webpages it abruptly took down last month while litigation over their removal plays out. The pages contained medical information intended to guide physicians on making diagnoses.

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Itā€™s a sign of how disgusting US politics has become that this is just a footnote.

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edit

edit

btw :upside_down_face:

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He really is just a mobster. Mobster-in-chief

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She is definitely an MMT advocate, and the skeleton key for understanding the Biden adminā€™s policy direction is that the majority of her campaign policy staff got taken in by the Biden campaign when Warren dropped out and many of them ended up with good jobs in the administration.

I have no formal education in economics, and I accept the conventional wisdom that excess (?) government spending will cause inflation. But from the couple of studies I have seen they failed to find a relationship between the size of post-covid stimulus and the inflation a country experienced. Maybe these are bad studies with limitations I cannot identify. Maybe the impact of US spending was so strong that it exported inflation even to countries that didnt have much of a stimulus. But the data certainly supported the idea that other factors caused the majority of it. So it also seems possible that establishment economists like Summers had invested so much political capital in waring the Biden admin against too big a stimulus because of concerns over inflation, that once we saw inflation they didnā€™t care to look into if that was the actual cause. Kind of the way a Dr tells an obese patient their problem is due to their excess weight without doing a full work up and considering if something else is happening.

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https://x.com/MacFarlaneNews/status/1889350809671922190

Imagine being told 20 years ago that the the American people would enthusiastically elect Trump for a second time (!) and that they would introduce legislation to annex the territory of an allied state and rename that land to the colours of their flag.

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I wonder if shit like this will actually start losing him support among the Israeli right?
https://x.com/DropSiteNews/status/1889387544586100821

Having ā€œtheir landā€ occupied by America was not the deal they thought they were making.

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This post deserves more appreciation :joy:.

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I thought he was more of a Tango manā€¦.

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Hope springs eternal!

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