kevin Tart 🔆
@KevinTartis“The fact that a majority might support or condone an act of theft does not diminish the criminal essence of the act or its grave injustice.”
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🤯
Thanks to the absurdity of the FDA. We'd save a ton of money if we abolished the FDA
Costco is facing some critics online after announcing a recall of 80,000 pounds of Kirkland Signature butter because the product doesn’t have an allergy warning that butter “contains milk.” cbsn.ws/4fnJoNc
There are probably 100,000+ people in the greater DC area in the government sphere - govt employees, lawyers, lobbyists, think tanks, and NGO grifters - who are now worried about losing their jobs. They’ve got fat mortgages, Mercedes payments, club memberships, and school fees…
If the government took over, we'd still be using 7-ton, 5MB hard drives, all in the name of the 'public interest.".
"we should target 3 or 4% inflation" The public-
Politician literally gloating over the US invasion and causing a decade of chaos and misery for millions of people. 💁
Economics isn't something you can engineer. All their problems come from this, which requires more engineering.
1/7 Caixin: "“A growing consensus is emerging around strengthening demand-side management, with macroeconomic policies shifting from an investment-led focus to a balanced approach that gives equal priority to consumption and investment, with greater... caixinglobal.com/2024-11-12/chi…
Short sighted. Benefits don't outweigh cost.
He doesn't even understand that manufacturing jobs come with things like benefits and a 401k lmao
Voters love free things, they just don't like the inflation and taxes that come with it 🤣
“The Inception of Capitalism Through the Lens of the Firm” details exactly what happened when this Hungarian system transitioned And it suggests that many common theories of Soviet economic failure (Kornai, Hayek, etc) were correct🧵
Hungary under the USSR is my worst nightmare 1. only cooperatives and state owned enterprises allowed 2. basically no entry or exit (regulated by the state) 3. job guarantee 4. all large investment funds obtained from the state 5. wage controls 6. enforced cost-plus pricing
This is the government helping fight inflation 💁
In May 1997, schoolboy Jamie Lavis was abducted and murdered by bus driver Darren Vickers. Pretending to help, Vickers moved in with the Lavis family and joined the search, even posing for numerous press photos like the one below. This is the heartbreaking story of Jamie Lavis 🧵
Leftist be like...
Mao.. Stalin and Hitler didn't kill millions of people, it was their public sector employees
Atlanta’s Democratic mayor turning the police into private security guards for private investors looking to privatize the city’s public infrastructure is a great example of how the Democratic Party stands for nothing.
Government $420m per engine. SpaceX only $1m per engine. Perfect example of public sector vs private sector. We should have privatized this industry years ago
Now is the time to finally cancel the massive boondoggle that is the Space Launch System
Ahh he wants to do what FDR did. 🤣
In the spirit of Grover’s taxpayer pledge, progressives should come up with a ten- or twenty-part platform that must be adopted in full by the D candidate, else they won’t vote for that candidate in the election. And somewhere on that list should be #NationalizeTwitter.
😂🤣
I’m convinced that most post-Keynesian/MMTers have either never actually read BOE 2014 or have misinterpreted it heavily
After 40 years of endless stimulus not working in Japan.... Let's try it in China?
China’s consumer inflation was anemic in October while factory-gate prices continued falling, suggesting the government’s latest round of stimulus is far from sufficient to free the economy from the grip of deflation. trib.al/oizxv8t
This is funny
The mental gymnastics is insane here
And I would push against the idea that inflation caused the defeat. Real wages at the bottom did recover. It was not enough to counter 40 years of neoliberal policies and the stagnation of wages with respect to productivity. It was the lack of a message that was for higher wages
The cope is hard
There seems to be a bit of an emerging consensus that high inflation is THE cause of the anti-incumbent backlash in the US and around the world. I don't understand how one can be confident about this. For instance, couldn't it have been lingering post-pandemic frustration?
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