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Stu from NYC 12-03-2022 10:29 PM

Quote:

Originally Posted by The Chipster (Post 2163152)
Raising the interest rate to cool off our super-heated economy is the only solution to inflation. This is a global situation, and our government is doing the right thing, although it is painful.

The other solution to cool off the economy would be for our govt to stop running a huge deficit.

jimbomaybe 12-04-2022 04:43 AM

Quote:

Originally Posted by Stu from NYC (Post 2163168)
The other solution to cool off the economy would be for our govt to stop running a huge deficit.

Spending public money is popular , never fail , tactic for political success, cut social spending ? ,raise taxes ? , businesses move " offshore" to lower expenses / prices, first it was manufacturing, when's the last time you called customer services and talked to someone who's first language was english,, "one's demeanor at the feast depends on who's ox was gored to provide said feast"

jebartle 12-04-2022 05:40 AM

Quote:

Originally Posted by Stu from NYC (Post 2163168)
The other solution to cool off the economy would be for our govt to stop running a huge deficit.

We are reducing the deficit NOW. 1.4 Trillion reduction this year.

tuccillo 12-04-2022 07:29 AM

Why don't you tell the whole story? The deficit for FY 2021 was $2.8T. The deficit for FY 2022 was $1.4T. So, instead of spending $2.8T more than the amount of tax revenue in FY 2021, the government only spent $1.4T more than the amount of tax revenue in FY 2022. Yes, I guess that is a $1.4T reduction in the deficit. The government only collected $4.9T in taxes for FY 2022 and they spent $6.3T. Doesn't sound so great anymore, does it? Numbers are meaningless without context.

Quote:

Originally Posted by jebartle (Post 2163177)
We are reducing the deficit NOW. 1.4 Trillion reduction this year.


Bay Kid 12-04-2022 08:00 AM

It is a shame the people in charge don't have any idea how to run a business, or even a household budget.

Caymus 12-04-2022 08:02 AM

Quote:

Originally Posted by jebartle (Post 2163177)
We are reducing the deficit NOW. 1.4 Trillion reduction this year.

Maybe it is because somebody did not get as many massive spending bills passed as he wanted.

Love2Swim 12-04-2022 08:06 AM

Quote:

Originally Posted by Two Bills (Post 2162637)
I was born in UK and grew up during and in the aftermath of WW2.
Poor meant poor in those years.
We had nothing, yet we survived.
Poor today is nothing compared to those times.
Successive generations have had it so good, they have lost their power of making do in bad times.
I have no sympathy for Villagers screaming poverty and hardship.
If they are living above their means, have to big a mortgage etc. tough, downsize until your income meets your needs.
Most have never had it so good.

I agree. So sick of the whining.

Stu from NYC 12-04-2022 09:03 AM

Quote:

Originally Posted by Bay Kid (Post 2163198)
It is a shame the people in charge don't have any idea how to run a business, or even a household budget.

Other things more important to them. Sad isnt it.

JMintzer 12-04-2022 09:56 AM

Quote:

Originally Posted by jebartle (Post 2163177)
We are reducing the deficit NOW. 1.4 Trillion reduction this year.

Only when compared to the HUGE deficit that was run up with all of the Covid spending...

Just wait until the "Inflation Reduction Act" kicks in...

JMintzer 12-04-2022 10:07 AM

Quote:

Originally Posted by jimjamuser (Post 2163156)
I'll take a shot at that. Supply inflation is caused by the higher cost of a barrel of oil due to Russia's war with Ukraine. Also, China mismanaged its Covid problem which leaves fewer imports from China which drives up prices, resulting in increased inflation. The answer to the 2nd question is that the FED uses its only tool, the prime interest rate increases, to make large companies and home buyers pay more for loans thus discouraging building more factories and homes. The ripple effect is like applying BRAKES to the general overheated economy. Thus hoping to cool the general economy down. many experts think that the FED began the BRAKING too LATE this time and now may NOT get it exactly right - thus driving the economy into a recession. Historically, the FED has misjudged roughly 80% of the time.

As to "happy pills"........I believe that the Pharmaceutical Industry got EXTRA greedy and OVERHYPED oxycodone. Then China and maybe Mexico wanted to cause chaos and make drug money in the US and ended up supplying Fentanyl, which has succeeded in killing a whole middle age demographic group in the US. Lots of ruined lives!!!!!!!

You completely ignore the Govt's huge infusion of cash over the last two years...

More $$$ = more competition for goods and services...

Stu from NYC 12-04-2022 10:08 AM

Quote:

Originally Posted by JMintzer (Post 2163249)
You completely ignore the Govt's huge infusion of cash over the last two years...

More $$$ = more competition for goods and services...

Economics 101 should have been a required course.

JMintzer 12-04-2022 10:12 AM

Quote:

Originally Posted by Stu from NYC (Post 2163250)
Economics 101 should have been a required course.

I was a Biology major in college. I took Econ 101 as an elective...

My professor was stunned that I actually CHOSE to take the course.. It was the easiest course I took that semester...

I still remember the first words he uttered at the first lecture of the semester... "There's no such thing as a free lunch..."

"Guns & Butter"! :p

CoachKandSportsguy 12-04-2022 10:20 AM

Quote:

Originally Posted by Stu from NYC (Post 2163250)
Economics 101 should have been a required course.

1950's based rational humans' decision theory has been totally debunked with behavioral economics. No better than home economics. Totally ignores emotional bias decision making by humans who can easily fool themselves

as seen in the last two years with too much money floating around, and how humans make very poor suboptimal decisions, or reflected in bitcoin/tulips.

Finance/portfolio theory a much more practical decision making course.

justjim 12-04-2022 10:50 AM

I grew up in the 40’s, 50’s and into adulthood in 1960. I am the Son of a coal miner and grandson of a coal miner. I remember the day after day funerals in my hometown from the mine explosion that killed 109 men. It was the best of times and the worst of times. Greed then and greed now. USA may not be the best Country in the world but it’s way ahead of whatever is in second place. Fore!

justjim 12-04-2022 11:05 AM

Our government is a government of the people, by the people and for the people. As such, it is not a business which is entirely different. Do you get that?

Stu from NYC 12-04-2022 11:48 AM

Quote:

Originally Posted by justjim (Post 2163273)
Our government is a government of the people, by the people and for the people. As such, it is not a business which is entirely different. Do you get that?

I get that, but unfortunately the people that represent us have sold out to special interests. Do you get that?

Do you think our tax monies are spent wisely?

jimjamuser 12-04-2022 12:10 PM

Quote:

Originally Posted by tuccillo (Post 2163189)
Why don't you tell the whole story? The deficit for FY 2021 was $2.8T. The deficit for FY 2022 was $1.4T. So, instead of spending $2.8T more than the amount of tax revenue in FY 2021, the government only spent $1.4T more than the amount of tax revenue in FY 2022. Yes, I guess that is a $1.4T reduction in the deficit. The government only collected $4.9T in taxes for FY 2022 and they spent $6.3T. Doesn't sound so great anymore, does it? Numbers are meaningless without context.

It is pretty hard to CONTROL the national debt when population increases are out of CONTROL.
........Also, as ONE simple example of where government costs have increased is the problem caused by all the FIRES out west. 7 out of the last 8 years have had RECORD HEAT. Ask yourself, what CAUSED that? It is a problem that is basically being ignored at this time, but it won't go away - and it cost lives every year and it INCREASES costs to state and Federal governments. Killer hurricane IAN has cost and will cost Floridians and the
Federal government MANY billions of dollars. Also, homeowners insurance will rise and is now the highest in the US. That problem was ignored in the US and has not been worked on for the last 30 years. Europe has worked on that problem. Also, Europe and Australia have more efficient health care which allows their societies to be more work efficient and worry less - that leads to improved GNP which allows those countries to take IN more tax money which lowers their National debt.

These are just a few examples of how America could better CONTROL its national debt. And I have not even mentioned tax brackets and percentages.

jimjamuser 12-04-2022 12:20 PM

Quote:

Originally Posted by JMintzer (Post 2163240)
Only when compared to the HUGE deficit that was run up with all of the Covid spending...

Just wait until the "Inflation Reduction Act" kicks in...

Covid was typical in that in the US there was a HUGE time delay before solutions were implemented. In the free world, there were countries that reacted sooner than the US. However, the US reacted significantly better than Russia and China.

jimjamuser 12-04-2022 12:47 PM

Quote:

Originally Posted by JMintzer (Post 2163249)
You completely ignore the Govt's huge infusion of cash over the last two years...

More $$$ = more competition for goods and services...

"competition for goods and services" is the capitalist American system that works so much better than Russia and China. Large numbers of companies (competitors) in ANY GIVEN industry force prices DOWN. It is MONOPOLIES and duopolies that screw up the American FREE market and drive prices UP. Are LARGE industrial FARMS as good for America as the small individual farmers? I think NOT. Is the oil and gas industries competitive enough? I think NOT. Are the Kock brothers (now just one) good for America? I think NOT. Note that they were one of the last companies to pull out of Russia. Was that patriotic or an example of monopolistic behavior?

Recessions weaken America and will create a bigger homeless situation than we have today. Many homeowners will lose jobs and their large homes with high mortgages. And the speculators will dive in like greedy vultures! We all have to keep our fingers crossed that the Fed can get us out of this dire economic situation, even though they started too late.

jimjamuser 12-04-2022 12:54 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 2163259)
1950's based rational humans' decision theory has been totally debunked with behavioral economics. No better than home economics. Totally ignores emotional bias decision making by humans who can easily fool themselves

as seen in the last two years with too much money floating around, and how humans make very poor suboptimal decisions, or reflected in bitcoin/tulips.

Finance/portfolio theory a much more practical decision making course.

I can basically agree with that. Well stated. Economics 101 was merely a relatively easy course designed as an introduction only.

Pairadocs 12-04-2022 01:20 PM

Quote:

Originally Posted by ThirdOfFive (Post 2162574)
Who knows? Hard to discuss this topic without unveiling the dreaded "P" word.

But "does demoralizing the American citizen ever create a positive growth experience for the future of this country"? In a weird way, I think yes. History shows this to us. The stock market crash followed by the Great Depression plunged a prosperous nation into a decade-long period of high unemployment, soup kitchens, and rampant homelessness, migrations of people to hoped-for greener pastures not seen since the great push westward of the 19th century. But we came out of it better. We knew the people who accomplished it. They were our mothers and fathers--still, in some rare cases, us. Immediately following the depression, they were the soldiers, sailors and airmen who fought a two-front war on opposite ends of the globe. The won--not so much because of military acumen or exception bravery, but because of the industries back home that employed their wives and mothers.

They were "The Greatest Generation".

I was privileged to interview my mother shortly before she died, about life in that time. What I knew about the Great Depression and WW2 I learned from history books. Dad fought in the Pacific theater (won the Bronze Star for his part in the liberation of the Santo Tomas prison in Manila) but he never much talked about it. Mostly to say that He acquired a great deal of respect for the Japanese during his tenure there as part of the army of occupation. He also carried a couple of bills of "occupation money" that he showed us. But otherwise--no. Mom the same. It was characteristic of that generation. But the stuff I learned from Mom was priceless. She talked about how, during the height of the depression, people came together. People doing laundry for one another, often walking more than a mile with a full basket as gasoline was saved only for important tasks, such a plowing or rare trips for supplies. My uncle--my namesake, actually--died at age 8 of rheumatic fever during that time. His family buried him in an unmarked grave as there was no money for anything resembling a modern funeral; certainly none for a headstone. His father--my grandfather--dug his son's grave.

Fast-forward to America 2022. Our worries are largely how inflation will affect our stockpile of money, or how the rollercoaster economy is going to impact our investments. The generations that came after us, in many cases, expect the government to either help pay or forgive the student loans that they incurred going to school for the relatively lucrative job they now have, and in too many cases bemoan the fact that they're not being paid what THEY think they're worth. Our dreams are of grandiose visions of how we can save the planet. Or whether or not spending the money to robotically explore the solar system is justified. Or which EV is best. In short, we argue and bicker about things that simply had no impact at all on the lives of The Greatest Generation. THEIR concern was having enough to eat. Or a place to sleep. Or winning a war. I often wonder just what that generation would think, if they had a glimpse into OUR reality and compared it to theirs. I'm afraid they'd see what we have and are, as heaven, compared to their reality.

“Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.” This quote by author G. Michael Hopf says it perfectly, and our history proves it. The best steel is tempered in fire, after all. No one knows how long the current ills will last--or comparatively, if they're even ills at all--but I have no doubt that, in the end, we'll come out on the other side better than when we went into it. It is the American way, after all.

Don't remember the first time I read a Hopf book, probably getting some sun on a beach, maybe around 2016-17, and when i read that passage i whipped out my phone and made a note of it... kind of up there with eternal truths isn't it !

CoachKandSportsguy 12-04-2022 01:23 PM

Quote:

Originally Posted by jimjamuser (Post 2163302)
I can basically agree with that. Well stated. Economics 101 was merely a relatively easy course designed as an introduction only.

Finance goes over compound interest on saving for future value
buying a latte daily versus saving daily, impulsive buying can sink future buying
saving for a house versus buying a latte daily, most benefit analysis
interest payments and cost for borrowing total payments over lifetime
refinancing traps due to interest amortization (how the bank makes money on you!)
credit card financing versus cash
cash flow putting all expenses and income onto the same page.
Renting/leasing versus buying cash flow analysis
Risk analysis for identifying a better investment from a poorer investment
cars, houses, hot stock versus long term stocks
sweat equity versus buying new,
depreciation on a two year old car versus buying new.

Portfolio theory for not putting all your eggs in one basket, index versus individual stock
Buy low Sell high is independent from taxes, not because of taxes.

Gambling odds, gamblers fallacy, with risk of ruin calculations

These economic decisions can be taught which can overcome parentally learned rules of thumb from human biases.

good luck

Pairadocs 12-04-2022 01:44 PM

sp
Quote:

Originally Posted by Ptmckiou (Post 2162953)
1. Supply Inflation - Since 90% of our supplies are manufactured by China, and they have been shutting thr country down every time someone gets COVID the past several years, it shuts down manufacturing and shipping, This causes months of delays, so IF there are still Widget A in stock in the USA, the price climbs because there are few of them and no guarantee of when we will bet more. Solution…bring manufacturing back to USA p, BUT not so fast. Workers in in China make A lot less than workers in USA, so that would send the prices of our products even more. No easy solution.

2. When FEDs raise interest rates, then when banks loan money it costs the consumer more for that product (aka mortgages, etc). Thereby, consumers stop purchasing those products and the prices then have to drop to compete with the shrinking group of purchasers that can still afford to purchase. It slows down the economic engine, so prices have to come down to try an attract buyers that have been pushed out of the market. It’s a fine line…reduce consumer spending without pushing the econ9my into a recession. The number to watch is unemployment. There has never been a recession with low unemployment. People are working, so we aren’t in a recession. If unemployment goes from 3% to 5%: then long term hurt on the horizon. So farm things are looking very good…gas is down, and some other prices down. It’s working.

3. Take responsibility for yourself. No one forced anyone to take drugs. Not even your doctor. Several times I’ve had doctors try to prescribe a pill and I say, “No” and I ask the alternative. Like too high of blood pressure, or glucose….losing weight helped me being the numbers back to normal. If a person is abusing a pill, it’s the person taking the pills fault. No one else. Take response your actions. Also, read up on stuff you put in your mouth. Read articles from the Mayo or Cleveland clinic, or WebMD about the product or issue. Educate yourself on alternatives. It’s your body, and YOUR responsibility what you ingest into it. BTW…”happiness” is a choice. Either you see the glass half-full, or you see the glass half-empty. Same two people looking at the exact same glass, and see something different. It’s not the glass fault….it’s you perspective. Change your perspective (turn lemons into lemonade in your head) and you’ll change your life.

I agree, personal responsibility is the key, but I acknowledge that I have very well educated friends who have a some what "blind spot" when it comes to what their doctor tells them to take. We ARE blessed to have many critically necessary medicines, but it is rather unsettling to hear the never ending TV ads for medications for "diseases" you have never heard of in your life, and most seem to be more "conditions" than diseases, but I split hairs there I fear. It is amazing to have friends, seemingly in good health and well educated, arrive for a visit with a literally case of legally prescribed drugs from their doctor. Have a cousin who actually asked for alternatives for lowering her moderate PB elevation. Her doctor told her nothing has been firmly established to work, that lowing sodium intake is not the answer, and added that behavioral changes are not a solution "because most patients will make them for approximately two weeks before going back to their normal diet and exercise pattern". He ended up giving her 3 separate medications for a MODERATE elevation ! She never filled them and began a search for alternatives. To try to write down the number of ads for prescription medicines in one day on all networks would be impossible ! My personal opinion is it's inappropriate to ADVERTISE PRESCRIPTION MEDICINES like cough drops, aspirin, and topical s for scratches and cuts ! Seems inappropriate and out of place, and since they require prescriptions, the ads always say "CALL YOUR DOCTOR NOW' and ask for _____ ! In no way am I not grateful for the many medications that have given members of my own family with certain conditions years of additional life, it is the kind of reckless abandon with which many medications are just routinely prescribed. When I do talk about my reserves in this area, I've had friends look at me and say "oh, you're one of THOSE, I had no idea and we've been friends a long time now". I just explain I am not "one of those" at all, I just believe caution should be a normal part of a decision, and personal responsibility HAS to be an element !

tuccillo 12-04-2022 02:37 PM

I am not sure what your point. My post was about providing context. Try to stay on point, if possible.

Quote:

Originally Posted by jimjamuser (Post 2163289)
It is pretty hard to CONTROL the national debt when population increases are out of CONTROL.
........Also, as ONE simple example of where government costs have increased is the problem caused by all the FIRES out west. 7 out of the last 8 years have had RECORD HEAT. Ask yourself, what CAUSED that? It is a problem that is basically being ignored at this time, but it won't go away - and it cost lives every year and it INCREASES costs to state and Federal governments. Killer hurricane IAN has cost and will cost Floridians and the
Federal government MANY billions of dollars. Also, homeowners insurance will rise and is now the highest in the US. That problem was ignored in the US and has not been worked on for the last 30 years. Europe has worked on that problem. Also, Europe and Australia have more efficient health care which allows their societies to be more work efficient and worry less - that leads to improved GNP which allows those countries to take IN more tax money which lowers their National debt.

These are just a few examples of how America could better CONTROL its national debt. And I have not even mentioned tax brackets and percentages.


jimjamuser 12-04-2022 03:21 PM

Quote:

Originally Posted by Pairadocs (Post 2163312)
sp

I agree, personal responsibility is the key, but I acknowledge that I have very well educated friends who have a some what "blind spot" when it comes to what their doctor tells them to take. We ARE blessed to have many critically necessary medicines, but it is rather unsettling to hear the never ending TV ads for medications for "diseases" you have never heard of in your life, and most seem to be more "conditions" than diseases, but I split hairs there I fear. It is amazing to have friends, seemingly in good health and well educated, arrive for a visit with a literally case of legally prescribed drugs from their doctor. Have a cousin who actually asked for alternatives for lowering her moderate PB elevation. Her doctor told her nothing has been firmly established to work, that lowing sodium intake is not the answer, and added that behavioral changes are not a solution "because most patients will make them for approximately two weeks before going back to their normal diet and exercise pattern". He ended up giving her 3 separate medications for a MODERATE elevation ! She never filled them and began a search for alternatives. To try to write down the number of ads for prescription medicines in one day on all networks would be impossible ! My personal opinion is it's inappropriate to ADVERTISE PRESCRIPTION MEDICINES like cough drops, aspirin, and topical s for scratches and cuts ! Seems inappropriate and out of place, and since they require prescriptions, the ads always say "CALL YOUR DOCTOR NOW' and ask for _____ ! In no way am I not grateful for the many medications that have given members of my own family with certain conditions years of additional life, it is the kind of reckless abandon with which many medications are just routinely prescribed. When I do talk about my reserves in this area, I've had friends look at me and say "oh, you're one of THOSE, I had no idea and we've been friends a long time now". I just explain I am not "one of those" at all, I just believe caution should be a normal part of a decision, and personal responsibility HAS to be an element !

I also do NOT believe that the Pharmaceutical Industry should advertise on television. They should ONLY advertise in medical journals.

jimjamuser 12-04-2022 03:42 PM

Quote:

Originally Posted by tuccillo (Post 2163320)
I am not sure what your point. My post was about providing context. Try to stay on point, if possible.

Your post stated that for 2022 so far the Federal government has spent $6.3T and collected $4.9T. That would INCREASE the National debt. I merely went with your point and gave some of my personal suggestions as to ways to control the national debt. Everyone IS concerned about the national debt and most everyone has suggestions about how to control it and when - in what part of an economic cycle is it more important to control?

tuccillo 12-04-2022 04:44 PM

Obviously. I thought that part of my post was pretty clear. You also had some unrelated nonsense about population and weather events. Focus.

Quote:

Originally Posted by jimjamuser (Post 2163333)
Your post stated that for 2022 so far the Federal government has spent $6.3T and collected $4.9T. That would INCREASE the National debt. I merely went with your point and gave some of my personal suggestions as to ways to control the national debt. Everyone IS concerned about the national debt and most everyone has suggestions about how to control it and when - in what part of an economic cycle is it more important to control?


justjim 12-04-2022 05:18 PM

Special Interests
 
Quote:

Originally Posted by Stu from NYC (Post 2163285)
I get that, but unfortunately the people that represent us have sold out to special interests. Do you get that?

Do you think our tax monies are spent wisely?

Special interests supply much of the money to the candidates and their party as the costs for campaigns continue to grow completely out of hand. Unfortunately that is unlikely to change anytime in the near future. The same can be said for any movement toward term limits for Legislators. We can always do better in the way taxpayer money is spent.

Stu from NYC 12-04-2022 05:29 PM

Quote:

Originally Posted by justjim (Post 2163343)
Special interests supply much of the money to the candidates and their party as the costs for campaigns continue to grow completely out of hand. Unfortunately that is unlikely to change anytime in the near future. The same can be said for any movement toward term limits for Legislators. We can always do better in the way taxpayer money is spent.

Warren Buffet had it right. If the govt budget is in a deficit when the economy was doing well all sitting legislators would be forbidden from running for reelection.

He estimated the budget would be in balance within about 15 minutes.

jebartle 12-04-2022 06:29 PM

Quote:

Originally Posted by tuccillo (Post 2163189)
Why don't you tell the whole story? The deficit for FY 2021 was $2.8T. The deficit for FY 2022 was $1.4T. So, instead of spending $2.8T more than the amount of tax revenue in FY 2021, the government only spent $1.4T more than the amount of tax revenue in FY 2022. Yes, I guess that is a $1.4T reduction in the deficit. The government only collected $4.9T in taxes for FY 2022 and they spent $6.3T. Doesn't sound so great anymore, does it? Numbers are meaningless without context.

Maybe the loss of revenue was tax cuts, hmmmm!

JMintzer 12-04-2022 06:49 PM

Quote:

Originally Posted by jimjamuser (Post 2163291)
Covid was typical in that in the US there was a HUGE time delay before solutions were implemented. In the free world, there were countries that reacted sooner than the US. However, the US reacted significantly better than Russia and China.

What??? Sorry, but all of that is so far from reality, that my jaw just dropped to the floor...

Caymus 12-04-2022 06:56 PM

Quote:

Originally Posted by jebartle (Post 2163361)
Maybe the loss of revenue was tax cuts, hmmmm!

What loss of revenue? Just more spending.

Federal tax receipts see biggest one-year jump since 1977 despite pandemic | The Hill

Aces4 12-04-2022 06:56 PM

Quote:

Originally Posted by JMintzer (Post 2163365)
What??? Sorry, but all of that is so far from reality, that my jaw just dropped to the floor...


I had a good laugh on that one too, the misinformation is ridiculous.

JMintzer 12-04-2022 06:57 PM

Quote:

Originally Posted by jebartle (Post 2163361)
Maybe the loss of revenue was tax cuts, hmmmm!

Actually, pretty much every time they cut taxes, tax revenue goes up...

In Actual Dollars, Tax Cuts Boost Revenue Time After Time - Discourse

JMintzer 12-04-2022 06:58 PM

Quote:

Originally Posted by Aces4 (Post 2163367)
I had a good laugh on that one too, the misinformation is ridiculous.

The other post was even worse, but I'd probably get a vacation if I responded...

JMintzer 12-04-2022 07:06 PM

///

jimjamuser 12-04-2022 08:33 PM

Quote:

Originally Posted by justjim (Post 2163343)
Special interests supply much of the money to the candidates and their party as the costs for campaigns continue to grow completely out of hand. Unfortunately that is unlikely to change anytime in the near future. The same can be said for any movement toward term limits for Legislators. We can always do better in the way taxpayer money is spent.

Many countries allow only one month of campaigning. In the US it seems like we must endure almost constant campaigning, lobbying, and fundraising. As far as term limits go, if I could change US Government, I would have a max of 2 terms of 5 years for Supreme Court Justices. They are NOT worth their lifetime appointment, none of them...........even Ruth Bader Ginsberg.

jimjamuser 12-04-2022 08:56 PM

Quote:

Originally Posted by JMintzer (Post 2163365)
What??? Sorry, but all of that is so far from reality, that my jaw just dropped to the floor...

In the US there WAS a HUGE time delay before Covid was even acknowledged. Remember the cruise ship that was NOT allowed to dock..........because it would show the TRUTH about the existence of Covid which the US was pretending to DENY. Remember ALL the body bags in the NY City area where Covid 1st hit. Remember the total deaths of around one million US citizens. By my estimation at least 200,000 deaths were due to SLOW / DELAYED reaction to Covid. Remember the delayed acceptance of the Covid vaccine. That killed a lot of Americans. Remember that in some midwestern states only 50% of the eligible adults got their 1st shot. That was a DELAY. Countries like Australia and New Zealand reacted right away - they had experience with Pandemics before. They mandated restrictions and then got close to 100% shot acceptance when shots were available.

If someone says that the US reacted rapidly to the Covid Pandemic, they are engaging in revisionist history - like they do often in countries like Russia.

tuccillo 12-04-2022 09:02 PM

What loss of revenue are you referring to? We could try a novel approach; limit spending. Hmmm.

Quote:

Originally Posted by jebartle (Post 2163361)
Maybe the loss of revenue was tax cuts, hmmmm!


Aces4 12-04-2022 09:13 PM

Quote:

Originally Posted by jimjamuser (Post 2163392)
In the US there WAS a HUGE time delay before Covid was even acknowledged. Remember the cruise ship that was NOT allowed to dock..........because it would show the TRUTH about the existence of Covid which the US was pretending to DENY. Remember ALL the body bags in the NY City area where Covid 1st hit. Remember the total deaths of around one million US citizens. By my estimation at least 200,000 deaths were due to SLOW / DELAYED reaction to Covid. Remember the delayed acceptance of the Covid vaccine. That killed a lot of Americans. Remember that in some midwestern states only 50% of the eligible adults got their 1st shot. That was a DELAY. Countries like Australia and New Zealand reacted right away - they had experience with Pandemics before. They mandated restrictions and then got close to 100% shot acceptance when shots were available.

If someone says that the US reacted rapidly to the Covid Pandemic, they are engaging in revisionist history - like they do often in countries like Russia.


You need to fact check your details, waaaay off. Have you ever heard chatter from those shut down countries.. not happy citizenry. You seem to avoid adding the medical advice that was provided that slowed the reaction to COVID.

This country was shut down so long we are finally starting to recover from the damage but the school children have been left back in academics and socialization. Mandated vaccinations with newly developed, untested for long term effects vaccines.. I don’t think so. This is the USA where people still have a say, not Russia as you seem to be very close to their policies.

We still don’t really know how many people actually died from COVID who didn’t already have very serious preexisting conditions.


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