Luck beats skill

@sleepyy80 @NKY_Leftist @elonmusk Yeah u said the economy recovered quicker after covid with Biden’s stimulus.. I get that.. but when it causes massive inflation it causes way more harm than good..

@luckbeatsskill2 @NKY_Leftist @elonmusk It sort of seems like you dismissed my argument as “propaganda” and not worth engaging with before you even tried to understand what my argument was. This is why earlier I mentioned what you were doing was thought terminating.

The uniparty in action

@sleepyy80 @NKY_Leftist @elonmusk “inflation is global not biden’s fault” is just the most annoying propaganda piece to me bc even left leaning economists said at the time his 2 trillion spending package would be massively inflationary..

@sleepyy80 @NKY_Leftist @elonmusk Not trying to offend u, just pointing out there r certain ‘propaganda’ takes that the left constantly rams down their followers throats. There is no point in addressing it bc it is basically a religion.

@sleepyy80 @NKY_Leftist @elonmusk This is the propaganda i keep pointing out, u believe anything the left tells you, inflation is money printing. Countries that printed had inflation, those that didnt, didnt. Trump printed a ton, might have got away with it but then biden went nutz

@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 Its not that complicated, biden poured money into a reopening economy nearly doubling home prices with a year..

@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?

@sleepyy80 @NKY_Leftist @elonmusk I mean look at the un affordability crisis he caused, maybe worst in history, great for boomers and bidens generation yeah but young ppl r crushed by house/rent prices

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

@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 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 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

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

@luckbeatsskill2 @NKY_Leftist @elonmusk What about that is “just propaganda”? Trump with Iran and bush did Iraq.They & Reagan, are all known for tax cuts. Obamas increase in deficit was healthcare related & he & Biden also were attempting trying to get out of inherited recessions.Wordcount so this is oversimplified

@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

@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

@sleepyy80 @ComedyConley @NKY_Leftist @elonmusk All the dems were saying gov debt doesnt matter during biden, they even had ‘notable’ economists spreading the propaganda for example this article by paul krugman nytimes.com/2024/06/06/opi…

@sleepyy80 @NKY_Leftist @elonmusk Thats just propaganda but i’m against both repub and dem deficit spending, especially during economic expansion, in the past it was used more as a tool to get us out of recessions

@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.

@C_S_Skeptic @GerberKawasaki Speak for urself, FSD would be great for long drives

There is no reason to think "the future is autonomous". Niche market, undercutting cabs isn't a great business model. 98% of people who get free trials of FSD don't pay for it at the end. Half of the people who pay for it, don't use it. 60% of the general population doesn't trust FSD and/or thinks it should be outlawed. Vast majority of drivers will never give up driving their own cars. The FSD fanatics are a VERY small microcosm of drivers - likely lazy, greedy, stupid people who think their car is going to make them rich.

Very sad to get the email from tesla for the end of production of the model s and x, two best vehicles of all time. It saddens me this is happening, the EV business is a great business and although the future may be autonomous, it might take some time. $tsla

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

@NKY_Leftist @luckbeatsskill2 @elonmusk Nope… and they both print too much fucking money. That’s why we have inflation.

@NKY_Leftist @elonmusk When? Biden added what 6 trillion debt? Oboma 9 trillion, trump 9 trillion.. see the uniparty now?

@luckbeatsskill2 @elonmusk No, they don't. Dems reduce it, Republicans increase it.

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

@elonmusk Except Republicans (the people you support btw) always explode the deficit while the Democrats reduce it.