@TheGreyMouser__@BeshearStan Yea why didn’t they watch CNN, MSNBC, and the approved Democrat party news sites. The ones who are constantly being called out for misinformation and partisanship while pretending to be elite institutions who scarcely practice journalism.
@potbellypiggy__@_Credible_Hulk A few hundred billionaires pay more in federal income taxes than millions of low earners combined. That doesn’t include the companies they build that generate payroll taxes, income taxes, and jobs. Just a fucking low IQ post by you, it’s so tired dude
@potbellypiggy__@_Credible_Hulk The top 1% pays ~38% of federal income taxes while earning ~21% of income. The bottom half pays ~3%. People below the poverty line are typically net takers, they receive more in transfers than they pay in taxes. Billionaires fund far more of government than the poor do.
@jamesetta_w@Mack_Brun Low unemployment under Biden was real. Real median wages were flat to down for much of his term after 21-22 inflation. Low wage gains came from a tight post-COVID market, not uniquely Democratic policy. GOP policy isn’t nothing for workers pre COVID real income rose under Trump
@ISantirocco@TRK_shjtpost@midosommar That’s a whole lotta words to say some random person on the internet was just playing around with imitating the original just for fun lol
Who would have thought that new supply of apartments coincides with a drop in rent prices. It’s almost like competition and large supply coincide largely contribute to lower costs. So what happens when you have a constrained supply and rent control?
@Flyordie209@NormalFreak2024 SAVE Act requires proof of citizenship only for registering to vote in fed elections. It does not ban noncitizen voting in pure state or local races. States still control those. friction exists if rolls are shared, but the bill itself doesn’t impose its rules on all elections
@LoLjakkon@follynomics Yes, if every brand raises prices, CPI rises. What lets every competitor do that sustainably without losing volume? Monetary expansion, excess demand, or broad cost shocks, not each firm arbitrarily deciding to charge more. Market-wide hikes need a market-wide cause.
@LoLjakkon@follynomics Even for food, demand isn’t perfectly inelastic. People switch brands, stores, items, or buy less of non-staples. Grocery is competitive. Sustained broad food inflation still comes from supply shocks, energy costs, or monetary expansion, not every chain arbitrarily raising prices
@LoLjakkon@follynomics That doesn’t mean companies “arbitrarily” raising prices cause sustained inflation. In competitive markets, unjustified hikes lose sales. Sustained inflation is driven by monetary expansion or broad demand/supply imbalances, not firms just deciding to charge more.
@LivesVentura@CShawBurn Jobs existed before billionaires because capital and entrepreneurs existed before the word “billionaire.” What kind of logic is that lol
@yorubara0619 I’m not sure about Japan but in America I can easily point to the millions that flooded our border illegally drove up the cost of housing, are overwhelming our public schools and services, and 60% use 1 or more welfare programs which drains budgets that could be used on citizens
@LivesVentura@CShawBurn Seems like maybe you took your intro to Econ class at Devry or some fly by night school because you don’t know shit about economic theory lol
@LivesVentura@CShawBurn Demand creates the opportunity. It doesn’t hire anyone. Someone still has to build the company, raise the capital, take the risk, and organize the labor that turns that demand into actual paychecks. Needs exist everywhere. Jobs don’t appear until entrepreneurs and firms meet them