Ryan Grimes

4.5K posts

Ryan Grimes

Ryan Grimes

@Grimetime619

If you’re convinced the radicals on both sides are evil and constantly lying to you, we agree

Katılım Temmuz 2020
453 Takip Edilen194 Takipçiler
Ryan Grimes
Ryan Grimes@Grimetime619·
@dhe3g amny.com/police-fire/ny… You’re not gonna like this, but, NYC has been putting MORE cops on the street to patrol at night. Also targeting specific high crime areas. So it’s the opposite as you say.
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‏ً@omgsidewalks·
Actually, the minimum wage discourse is something else. Conservatives will really say things like, “Learn economics. Capitalism requires a massive supply of desperate, exploitable workers drowning in poverty to keep commodity prices low for the wealthy, and that’s a good thing.”
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Ryan Grimes
Ryan Grimes@Grimetime619·
@tonyannett They’re based on what you have the leverage to negotiate Less people can do your job? You’re gonna get paid more
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Tony Annett
Tony Annett@tonyannett·
Wages are not based on marginal product. We don’t live in the textbook world of perfect competition.
Melody Surfing@CricketSurfing

@tonyannett I am astounded that a trained economist like yourself can forget that wages are based on the marginal product labor product. To get higher wages without excluding workers, you have to increase prodictivity. And for that, you need deregulation.

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Good Morning Liberty
Good Morning Liberty@GoodAMLiberty·
@RBReich For everyone who reads Reich's post but doesn't look at the charts: Since 1950, profits (as a % of GDP) went from 11% to 12% and employee comp (as a % of GDP) went from 53% to 51%. Btw, "Employee comp as a % of GDP" hit its peak in 1971 for some reason.
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Robert Reich
Robert Reich@RBReich·
Hourly wages are up 3% since 2019. Corporate profits are up 50%. Labor’s piece of the economic pie is the smallest it’s been in over 75 years, while corporate profits’ share is the *biggest* it’s been since 1950. This is what a rigged economy looks like.
Robert Reich tweet mediaRobert Reich tweet media
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Ryan Grimes
Ryan Grimes@Grimetime619·
@RBReich You support the money creation and regulations that cause this scenario
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Robert P. Murphy
Robert P. Murphy@BobMurphyEcon·
"Transwomen are women." This seems airtight, if you're thinking of it like, "Blue circles are circles." But what about: "Counterfeit money is money." Doesn't work there, and the people who disagree with the first claim think "trans" operates the same way.
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Ryan Grimes
Ryan Grimes@Grimetime619·
@Bubblebathgirl @JeffBezos Or it will run rampant? As if it already isn’t The fuck! Taxing someone under 50k does make them one bit more interested in the function of the state my dude What a disconnected opinion you have to reality
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Paul A. Szypula 🇺🇸
Paul A. Szypula 🇺🇸@Bubblebathgirl·
Everyone needs to pay income taxes or nobody should. People need to have actual interest in how government functions or government will run rampant. Progressive taxing is fine. But everyone needs to contribute and efficient spending needs to be the priority. Right now Mamdani is driving up enormous pension debt by not paying off what he should this year on it and instead kicking the issue down the line to future mayors. That needs to be addressed as does the over $1 billion yearly he’s spending on services for illegal immigrants.
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Jeff Bezos
Jeff Bezos@JeffBezos·
This is great and they do deserve that. And, with some of the savings, we can zero out taxes on the bottom half of earners. The best way to put money in people's pockets is not to take it out in the first place.
Mayor Zohran Kwame Mamdani@NYCMayor

This morning we are introducing COGE — the Commission on Government Efficiency.

This Commission will find ways for our city to work smarter, faster, and more effectively for working people. 

New Yorkers deserve a city government as careful with their money as they are.

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Ryan Grimes
Ryan Grimes@Grimetime619·
@JeffBezos The no taxation of those people is still a good idea BUT NOTHING GET FIXED AS LONG AS BANKS AND GOVS KEEP CREATING NEW MONEY
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Ryan Grimes
Ryan Grimes@Grimetime619·
@JeffBezos Best way is for banks and governments to stop creating money! That new money causes asset price inflation, ENRICHING ASSET HOLDERS LIKE YOU. This leads to increase housing costs and overall cost of living as your portfolios outpace inflation, consumers just get hurt.
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Ryan Grimes
Ryan Grimes@Grimetime619·
@RDH1156 @OrevaZSN Like it doesn’t matter if it’s gold or something else Like if it’s a completely digital currency, it just can’t be created at the moment of giving a loan Digital would work better because there’s no finite issue like there is with gold Even w/ gold that’s not an issue though
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Ryan Grimes
Ryan Grimes@Grimetime619·
@RDH1156 @OrevaZSN It doesn’t matter Whatever is used, banks should not be legally allowed to creat more of it when they make a loan. It causes these negative effects I mentioned
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𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉
𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉@OrevaZSN·
Capitalism: If you don't like your job, you can just get a new one. Me: Ok, I want a new job. Capitalism: Oh sorry, it's the time every six years where the entire economy has to collapse so rich people can loot it. have you considered begging in the street for scraps?
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Ryan Grimes
Ryan Grimes@Grimetime619·
@RDH1156 @OrevaZSN Well, that is one reason that it should be punishable by death for a government or Banks to create money out of thin air It causes the negative effects I mentioned, and it allows for great evil like the wars to be prolonged.
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RoyH.
RoyH.@RDH1156·
@Grimetime619 @OrevaZSN Also, the Gold Standard was suspended every time there was a war. The only virtue I can see in bringing back the Gold Standard would be to stop the US engaging in endless wars.
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Ryan Grimes
Ryan Grimes@Grimetime619·
@RDH1156 @OrevaZSN Yeah, that was a big problem back with the gold standard too Bankers were allowed to create money above the base amount of gold When you don’t have a one-to-one ratio, it causes all of these negative effects their increase the cost of living and create income inequality
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RoyH.
RoyH.@RDH1156·
@Grimetime619 @OrevaZSN The US came off the Gold Standard in 1971. The Gold Standard required money to be less than 40% backed by gold anyway.
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Ryan Grimes
Ryan Grimes@Grimetime619·
Its an indictment of a inflationary monetary system Causes asset price inflation (include housing) & some CPI Asset holder benefit from asset price inflation Non asset holders just get inflation good wages become not good Not a capitalism thing It’s a monetary system thing
𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉@OrevaZSN

It's so wild that people don't see that "raising the minimum wage to a true living wage would cause businesses to close" is an indictment of capitalism.

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Ryan Grimes
Ryan Grimes@Grimetime619·
@OrevaZSN Its an indictment of a inflationary monetary system Causes asset price inflation (include housing) & some CPI Asset holder benefit from asset price inflation Non asset holders just get inflation good wages become not good Not a capitalism thing It’s a monetary system thing
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𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉
𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉@OrevaZSN·
It's so wild that people don't see that "raising the minimum wage to a true living wage would cause businesses to close" is an indictment of capitalism.
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Power to the People ☭🕊
Power to the People ☭🕊@ProudSocialist·
Elon continues to falsely call Hitler a “socialist”, and Grok continues to correct him, explaining that Hitler was a fascist who rejected Marxist socialism and class struggle. Never deleting this app!
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Keşfet

@dhe3g @omgsidewalks @tonyannett @GoodAMLiberty @RBReich @BobMurphyEcon @Bubblebathgirl @JeffBezos