Results 13 to 24 of 47
Thread: The Economy - Bush, Obama, Trump
-
02-10-2020, 02:37 PM #13
Re: The Economy - Bush, Obama, Trump
Honestly... that is the only thing that makes me hesitant to vote for him. People often forget how old-school liberal he actually is...
Modern Liberals think he is the anti-christ when the reality is that he is a 1990 liberal (which is apparently better than a 2012 conservative)..."Always remember that you are absolutely unique. Just like everyone else." -Margaret Mead
-
Re: The Economy - Bush, Obama, Trump
I'm glad someone else knew this. My dissertation was based on the great depression and the GFC (2007-2009). With Fannie, Freddie and Ginnie providing lending standards sub the traditional loan structure the entire idea of a CDO based on RBMS vehicles originated.
The fed created a problem by backing traditionally poor lenders.
Pushed GSEs like Fannie and Freddie to buy up mortgages of the now popularly know subprimes.
Market saturation occurs, prices drive up and private entities get involved knowing the FHA buyout on these loans are massive so no-one stops origination.
Market crashes.
Blame bush.
Repeat now with student loans.
-
Re: The Economy - Bush, Obama, Trump
-
Re: The Economy - Bush, Obama, Trump
On the link listed. I can't stand how media sources utilize the wording "some economist claim/believe/x", this creates a false understanding of the issue where experts can be cited without any reference to how the greater field feels on the subject. This is seen in the wage growth section. I can agree wages tend to grow with full employment, however if wages are growing above inflationary corrective LOB SOP levels the market is at a gain and real wages are increasing. It's this slight of hand most don't see.
To put it in simple terms:
If inflation for a year is 2% and real wages are increasing by 3% the first 2 of the 3% are combating/nullifying inflation. The final 1% is a wage growth. Very simple stuff. To interject "some believe x should be more" is so disingenuous and it pushes a position that should not be held in economics. Thats politics. Econometrics can predict anything but to predict how much how much real median wages will be in a year is an exercise in futility, a rough estimate yes, but we can only examine the historical data.
syntax edit
-
02-10-2020, 05:59 PM #17
Re: The Economy - Bush, Obama, Trump
Not gonna lie; every BuryRaven starts to post, I fangirl a little.
"A moron, a rapist, and a Pittsburgh Steeler walk into a bar. He sits down and says, “Hi I’m Ben may I have a drink please?”
ProFootballMock
-
Re: The Economy - Bush, Obama, Trump
Thanks dude.
I studied under Sowell, I know krugman (he hates me irl lol) and I'm close with Shapiro, its a long story on that.
I think its criminal how people like, my favorite economist of all time, FA Hayek are barely known among college kids. Econ is almost a lost science due to politicization of the field, any concept of low taxes (right wing) any concept of increased taxes on x (left wing). I wish ideas were more open and less 100% one or the other.
If anyone has econ based ideas (not stocks for god sakes lmk)
-
02-10-2020, 11:48 PM #19
Re: The Economy - Bush, Obama, Trump
"A moron, a rapist, and a Pittsburgh Steeler walk into a bar. He sits down and says, “Hi I’m Ben may I have a drink please?”
ProFootballMock
-
02-11-2020, 08:52 AM #20Hall Of Fame Poster
- Join Date
- Nov 2011
- Posts
- 9,155
Re: The Economy - Bush, Obama, Trump
Trump to request 6 percent domestic cuts in $4.8 trillion budget
https://www.google.com/amp/s/thehill...n-budget%3famp
-
02-11-2020, 09:21 AM #21
-
02-11-2020, 10:05 AM #22Hall Of Fame Poster
- Join Date
- Nov 2011
- Posts
- 9,155
-
02-11-2020, 10:39 AM #23Legendary RSR Poster
- Join Date
- Mar 2015
- Location
- Pasadena, MD
- Posts
- 12,233
Re: The Economy - Bush, Obama, Trump
Social networks have more to it than regulation. They are very dependent on network effects, so they have to attract a sufficient amount of users before they run out of money.
Look at Google+? The only tech company better positioned than Google for regulatory costs is Apple, maybe even Microsoft, but Google+ still flopped.
Sent from my LM-G820 using Tapatalk
-
Bookmarks