collapse

* Resources


UDM 4

* Recent Posts

More conference realignment talk by Uncle Rico
[Today at 11:18:02 AM]


KenPom Pre-Season Ratings Out by Scoop Snoop
[Today at 11:12:54 AM]


Marquette/BC by Shooter McGavin
[Today at 10:24:51 AM]


Jake Presutti Hired By Pitt by Herman Cain
[Today at 08:37:25 AM]


MU Crisco Excellent Summary of MU Practice by JakeBarnes
[October 16, 2021, 09:01:31 PM]


Each Coach's Best "All Coach Team" by Galway Eagle
[October 16, 2021, 05:35:59 PM]


Marquette NBA Thread by MarquetteMike1977
[October 16, 2021, 02:20:57 PM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address.  We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or register NOW!


Author Topic: COVID Economy  (Read 83516 times)

mu_hilltopper

  • Warrior
  • Global Moderator
  • All American
  • *****
  • Posts: 7004
  • 2021 Post-Season Goal: VEGAS 16
    • https://twitter.com/nihilist_arbys
Re: COVID Economy
« Reply #1850 on: October 13, 2021, 11:08:11 AM »

But you failed to do that when you spent an hour on the phone trying to get them to stop giving you an interest free loan.

#sadtrombone


Hards_Alumni

  • All American
  • *****
  • Posts: 5215
Re: COVID Economy
« Reply #1851 on: October 13, 2021, 12:45:45 PM »
That's substantive.

I would have put you down as a "millionaires and billionaires don't pay their fair share" due to "loopholes" kinda guy.  Guess you like all those tax deductions. Personal interest over the public good? Goose and gander, hey?

Those are nice strawman arguments.  A progressive tax system is much better.  Flat tax is archaic and regressive.

For Christ's sake, just google the countries that use a flat tax.  That isn't company you'd want the US to keep.

Stick to jizz mopping.

Hards_Alumni

  • All American
  • *****
  • Posts: 5215
Re: COVID Economy
« Reply #1852 on: October 13, 2021, 12:50:30 PM »
Zig, wow, a flat tax?  In my opinion, that is very flawed policy.  If you don't mind, let me share with you some of my reasoning.....

Thanks for sharing your idea.  I appreciate the exchange.  Have a great day!


I shouldn't need to educate you on the stupidity of a flat tax.  I think it's one of those things that sounds good, but when you do five minutes of reading on how awful it actually is, you understand why only backwards countries use it.

So, I guess you didn't actually do any analysis, you just 'used your common sense'.  That's the problem with common sense, it doesn't require you to actually think.

ZiggysFryBoy

  • Registered User
  • All American
  • *****
  • Posts: 4560
  • MEDITERRANEAN TACOS!
    • "Blonde bombshell"
Re: COVID Economy
« Reply #1853 on: October 13, 2021, 01:19:26 PM »
I shouldn't need to educate you on the stupidity of a flat tax.  I think it's one of those things that sounds good, but when you do five minutes of reading on how awful it actually is, you understand why only backwards countries use it.

So, I guess you didn't actually do any analysis, you just 'used your common sense'.  That's the problem with common sense, it doesn't require you to actually think.

You are babbling like jockitch.
"My butt's been wiped!"

Hards_Alumni

  • All American
  • *****
  • Posts: 5215
Re: COVID Economy
« Reply #1854 on: October 13, 2021, 01:23:31 PM »
You are babbling like jockitch.

You're cute when you're mad.

ZiggysFryBoy

  • Registered User
  • All American
  • *****
  • Posts: 4560
  • MEDITERRANEAN TACOS!
    • "Blonde bombshell"
Re: COVID Economy
« Reply #1855 on: October 13, 2021, 02:16:25 PM »
You're cute when you're mad.

It's OK, pumpkin.  I'd be offended too if I was compared to jockitch.
"My butt's been wiped!"

Pakuni

  • Registered User
  • All American
  • *****
  • Posts: 8861
Re: COVID Economy
« Reply #1856 on: October 13, 2021, 02:52:59 PM »
You are babbling like jockitch.

That's substantive.

ZiggysFryBoy

  • Registered User
  • All American
  • *****
  • Posts: 4560
  • MEDITERRANEAN TACOS!
    • "Blonde bombshell"
Re: COVID Economy
« Reply #1857 on: October 13, 2021, 03:40:27 PM »
That's substantive.

You're cute when you're mad.
"My butt's been wiped!"

Hards_Alumni

  • All American
  • *****
  • Posts: 5215
Re: COVID Economy
« Reply #1858 on: October 13, 2021, 04:42:22 PM »
It's OK, pumpkin.  I'd be offended too if I was compared to jockitch.

I'm embarrassed for you that you thought that was a good burn.

You're slippin'.

Pakuni

  • Registered User
  • All American
  • *****
  • Posts: 8861
Re: COVID Economy
« Reply #1859 on: October 13, 2021, 05:31:35 PM »
You're cute when you're mad.

But not only when I'm mad.

rocky_warrior

  • Global Moderator
  • All American
  • *****
  • Posts: 7621
Re: COVID Economy
« Reply #1860 on: October 13, 2021, 09:10:33 PM »
So the covid economy is all good eh?



forgetful

  • All American
  • *****
  • Posts: 4222
Re: COVID Economy
« Reply #1861 on: October 13, 2021, 10:35:55 PM »
So the covid economy is all good eh?



Is this a picture describing the current state of the economy, or this thread...both seem fitting.

Hards_Alumni

  • All American
  • *****
  • Posts: 5215
Re: COVID Economy
« Reply #1862 on: October 14, 2021, 06:16:45 AM »
So the covid economy is all good eh?



No it's bad, but according to Zigs we just need to fix it with a flat tax.

Fluffy Blue Monster

  • All American
  • *****
  • Posts: 6196
  • Send it in...medium-sized fella!!
Re: COVID Economy
« Reply #1863 on: October 14, 2021, 08:32:38 AM »
No it's bad, but according to Zigs we just need to fix it with a flat tax.

OK we can drop it now.
“True patriotism hates injustice in its own land more than anywhere else.”  -Clarence Darrow

jesmu84

  • All American
  • *****
  • Posts: 5392
Re: COVID Economy
« Reply #1864 on: October 14, 2021, 11:24:40 AM »

Lennys Tap

  • All American
  • *****
  • Posts: 11013
Re: COVID Economy
« Reply #1865 on: October 14, 2021, 04:10:37 PM »
Inflation?

https://youtu.be/_ha3hiw55MY

White House COS thinks inflation is a “high class problem”. #Tone Deaf

Skatastrophy

  • All American
  • *****
  • Posts: 4904
  • Lifetime Member
Re: COVID Economy
« Reply #1866 on: October 15, 2021, 01:45:17 PM »
White House COS thinks inflation is a “high class problem”. #Tone Deaf

Just looked up the quote. He said "high class" as in secondary problems. The rest of the quote is - "We wouldn't have had them if the unemployment rate was still 10%," he continued. "We would instead have had a much worse problem."

Makes sense. Inflation is a problem, but not as bad as record unemployment. We're getting there, once the supply chain issues start abating.

tower912

  • Registered User
  • All American
  • *****
  • Posts: 17372
Re: COVID Economy
« Reply #1867 on: October 15, 2021, 02:56:30 PM »
Wouldn't it be wonderful if we were able to remember the true meaning of Christmas?


Since rampant consumerism may be a lot tougher this year.
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

jesmu84

  • All American
  • *****
  • Posts: 5392
Re: COVID Economy
« Reply #1868 on: October 15, 2021, 02:57:17 PM »
White House COS thinks inflation is a “high class problem”. #Tone Deaf

Inflation, as defined by increase of cost of goods due to increase in money supply, is not evident.

Therefore, whatever increased costs of good we are currently seeing is likely transitory secondary to supply chain/logistics difficulties.

We should, imo, be focusing on improving domestic manufacturing to avoid this problem in the future. Unfortunately, corporate interests are against this idea.

Lennys Tap

  • All American
  • *****
  • Posts: 11013
Re: COVID Economy
« Reply #1869 on: October 15, 2021, 11:21:51 PM »
Inflation, as defined by increase of cost of goods due to increase in money supply, is not evident.

Therefore, whatever increased costs of good we are currently seeing is likely transitory secondary to supply chain/logistics difficulties.

We should, imo, be focusing on improving domestic manufacturing to avoid this problem in the future. Unfortunately, corporate interests are against this idea.

Larry Summers and I very much disagree with this analysis.

Pakuni

  • Registered User
  • All American
  • *****
  • Posts: 8861
Re: COVID Economy
« Reply #1870 on: October 16, 2021, 12:02:34 PM »
Larry Summers and I very much disagree with this analysis.

Larry's been predicting apocalyptic inflation since January, and nothing close to what he forecast has materialized.
The problem with an appeal to authority argument is that it only works when the authority is right.

Skatastrophy

  • All American
  • *****
  • Posts: 4904
  • Lifetime Member
Re: COVID Economy
« Reply #1871 on: October 16, 2021, 05:32:58 PM »
Larry's been predicting apocalyptic inflation since January, and nothing close to what he forecast has materialized.
The problem with an appeal to authority argument is that it only works when the authority is right.

Economists and weather people are never held accountable for being wrong.

MU82

  • All American
  • *****
  • Posts: 16822
Re: COVID Economy
« Reply #1872 on: October 16, 2021, 06:32:03 PM »
Wouldn't it be wonderful if we were able to remember the true meaning of Christmas?


Since rampant consumerism may be a lot tougher this year.

The war on consumerism!
“A lot of the stuff that we believe in and that I’ve always believed in — it takes time. It’s not a quick fix. It’s not an instant-gratification thing. It’s a drip-by-drip process.”

-- Shaka Smart, in The Athletic, 10/13/21

Pakuni

  • Registered User
  • All American
  • *****
  • Posts: 8861
Re: COVID Economy
« Reply #1873 on: October 16, 2021, 08:46:13 PM »
Economists and weather people are never held accountable for being wrong.

500 economists?