sleepy

@luckbeatsskill2 @NKY_Leftist @elonmusk The cut interest rates probably played a larger role in housing prices.Housing prices have been rising regardless,its a longterm trend that was made worse by the antirecession shocks to the economy, any policies that would fix the underlying issues will be unpopular/controversial

@luckbeatsskill2 @NKY_Leftist @elonmusk Stimulus among other antirecession acts like the federal reserve cutting mortgage interest rates to near zero during Covid (both happened under Trump as well) did lend themselves to higher housing prices.But the stimulus would be inflationary across the board,not just for housing

The uniparty in action

@luckbeatsskill2 @NKY_Leftist @elonmusk directly respond to anything I said. You made a point, that stimulus was unneeded.I responded by pointing out that things could have been worse(not strictly speaking about inflation)without the stimulus.Thats all.I wasnt considering a hypothetical where we didnt lockdown

@luckbeatsskill2 @NKY_Leftist @elonmusk Stop I cant tell if you realize what youre doing. When someone makes falsifiable and descriptive claims but you dismiss it as “propaganda” that is thought terminating. Disprove the “propaganda”, everything I said is falsifiable, if a claim is wrong say that it is wrong. You didnt

@luckbeatsskill2 @NKY_Leftist @elonmusk Not sure if any particular president *caused* the crisis. Housing isn’t keeping up with population growth. It’s complicated and multi factorial. A lot of policies that maybe could fix these issues are either very controversial or are outright unpopular from what I understand.

@sleepyy80 @NKY_Leftist @elonmusk Probably the biggest transfer of wealth from the younger gens to biden and the boomers gen in history, if u r under 40 how can u get behind that?

@luckbeatsskill2 @NKY_Leftist @elonmusk Countries all over the world were struggling during and after Covid. The U.S. was one of the fastest to recover under Biden. Sure we would’ve recovered regardless, but seems like it would’ve taken longer without the stimulus Biden gave, meaning more businesses would’ve closed.

@sleepyy80 @NKY_Leftist @elonmusk My point was no stimulus was needed, biden spent trillions when the economy would have come out of ‘recession’ naturally as it reopened

@luckbeatsskill2 @NKY_Leftist @elonmusk I didn’t say there was a recession related to the business cycle. But there was a recession. The Covid lockdowns started under Trump and Biden continued them. You could disagree with whether the lockdowns were worth the economic effects, but that’s a separate issue

@sleepyy80 @NKY_Leftist @elonmusk For one, the big one, is biden was trying to get out of recession. There was no recession related to the business cycle. There was a forced political closure of the economy then a reopening. That set the table for many of the un affordability problems we now face

@luckbeatsskill2 @NKY_Leftist @elonmusk I think hate for biden’s presidency is overblown. He was old so it’s understandable that people wouldn’t want to reelect him, but in terms of what his presidency actually did it was reasonable. Also ofc he added debt. would be unreal if he got rid of the deficit

@sleepyy80 @NKY_Leftist @elonmusk I agree Obama was responsible when compared to biden or trump, But he still racked up a lot of debt..

@luckbeatsskill2 @NKY_Leftist @elonmusk I think the prior to Covid number is more like 2.75 trillion.I think even if you come away with the conclusion that all politicians are bad, some are obviously more competent or less corrupt than others.Why did he add that much in his first 3 years?He wasnt responding to a crisis

@sleepyy80 @NKY_Leftist @elonmusk Trump was 4 trillion added to debt i believe before covid then another 4 trillion, I mean they are all bad (politicians)

@luckbeatsskill2 @NKY_Leftist @elonmusk Really? Nothing I said is factual? Dismissing all claims you don’t like as propaganda is lazy. Is there any claim I made about the fact of the matter that is false or outright not factual? What about what I said is wrong?

@sleepyy80 @NKY_Leftist @elonmusk Its all propaganda no facts, no point in getting into it

@luckbeatsskill2 @NKY_Leftist @elonmusk Thats not really relevant to any of the claims I made. There is a difference between the debt and the deficit. Obama served 8 years. The deficit is a yearly measure. Obama lowered the deficit from what he inherited.

@sleepyy80 @NKY_Leftist @elonmusk Obama added 8 TRILLION to the national debt during his term.. sorry those r the facts

@luckbeatsskill2 @NKY_Leftist @elonmusk Obama actually lowered the deficit he inherited by the time he left office. He inherited it at 1.4 trillion (recession related spending) but when he left office it was at 585 billion.Which I think drives a pretty stark contrast with Trump despite obamas reputation re: the deficit

@luckbeatsskill2 @NKY_Leftist @elonmusk Tbf Trump’s first term’s increase in deficit was also mostly Covid related. But it still was hugely increased as a result of the huge tax cuts he pursued. Trump raised the deficit by 400 billion prior to Covid through tax cuts and increased discretionary spending

@luckbeatsskill2 @ComedyConley @NKY_Leftist @elonmusk Ok so this is a different claim.Also “propaganda”?There is a substantive argument here.Your claim about money printing is only situationally true.There are genuine arguments over what the effects of the debt even are & whether quickly getting rid of it is worth the necessary cuts

@sleepyy80 @ComedyConley @NKY_Leftist @elonmusk To clarify- debt leads to money printing as the federal reserve buys the debt to keep rates down.. not all of it.. but this increases the money supply bc it is never paid back

@luckbeatsskill2 @NKY_Leftist @elonmusk True, but there’s a point when dems increase it. Healthcare is arguably a direct investment back into the us’s human capital. Infrastructure investments also serve long term economic goals. Latest repub presidents increased it through huge tax cuts to the wealthy & war.

@NKY_Leftist @elonmusk Both parties explode it. That is elons point. Only balanced budget we had was a dem pres (clinton) and repub congress

@luckbeatsskill2 @ComedyConley @NKY_Leftist @elonmusk Is the “they” in the room with us rn? Can you think of a single dem politician or dem economist that believes money printing doesn’t increase inflation? Or is the random you interacted with on twitter wholly representative of the party?

@ComedyConley @NKY_Leftist @elonmusk I’ve argued this with dems before they deny money printing is inflation

@ComedyConley @luckbeatsskill2 @NKY_Leftist @elonmusk This is unserious, the monetary policy that gets enacted in response to high rates of inflation does often lead to less money being printed. Increasing $ supply isn’t the only thing that increases prices. Good monetary policy doesn’t always solve the issue.

@luckbeatsskill2 @NKY_Leftist @elonmusk Wow… It’s funny how it’s just basic common sense put more money in the circulation. The dollars are in circulation are diluted.

@petsoldat @ZacB_MN @luvvmychoppa “Trivial” is relative and is substance-less in the original framing.What youre calling trivial is the entire point of his post. The subject isn’t Israel or any particular conflict, it’s the Houthi emblem/slogan. Focusing on & critiquing it may be political, but so is defending it

@ZacB_MN @luvvmychoppa No goalposts are being shifted. We've been consistent in our thesis: in the face of Israeli crimes, resistance fighters chanting "death to Jews" (who Israel claims to act in the name of) is trivial, and focusing on it is a VERY political choice

Many such cases

@secretpinko @Medarik1 @ZacB_MN It’s a fundamentally irrational framing if it’s meant to replicate reality. It fails at proving prejudice could be rational because it assumes the prejudiced belief is true. At best you show how a bigot thinks, but understanding that doesn’t make bigotry rational or justified.

@secretpinko @Medarik1 @ZacB_MN This is a bad response on multiple levels. Youve framed your hypothetical in the way racists & tribalists do, loading into it that it is possible for a “society of people” (meaning all of them) to have responsibility for crimes that in reality would be committed by individuals.

Leftists will look you dead in the eye and tell you defending this is not anti-semitic