More bad news for Biden
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I mean honestly though, is there good news for Biden? If the theory is that he's doing a great job, what's the story?
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What actions can Joe actually take to fix the supply chain issue?
Didn't a lot of companies pull back their supply chain from China leading up to COVID? (Not necessarily a bad thing for the long run) Then they pulled back even more expecting a recession that never fully materialized?
I'm not sure what any President or elected official could do to prevent the cumulative effects of the decisions of private businesses.
Yes - they set policy that influences this, but those mechanism are slow to have effects.
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As Jon has so often told me:
It happens on your watch, it's your responsibility.
Period.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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@jolly said in More bad news for Biden:
As Jon has so often told me:
It happens on your watch, it's your responsibility.
Period.
Perception is reality. Doesn't matter what the facts and causes might be, when people can't get stuff bought for Christmas, or even for their pantries, there's only one person they can point to.
And that's the guy behind the sign about where the buck stops.
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@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
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@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
@xenon said in More bad news for Biden:
@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
I think the Energy Sector would vehemently disagree with you.
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@george-k said in More bad news for Biden:
Politicians never fail to over-inflate the importance of politicians.
@xenon said in More bad news for Biden:
@george-k said in More bad news for Biden:
Politicians never fail to over-inflate the importance of politicians.
Yep. Biden's threats t the logistics industry will fall on deaf ears. He knows he can't nationalize anything and believe me - if the trucking companies could move the goods they would. So both Biden and DeSantis are grandstanding.
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@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
@xenon said in More bad news for Biden:
@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
Shhhh. I think @horace will disagree. LOL
I have say this many times before.
US presidents get way too much credit when things are going well and too much blame when things go bad.
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@taiwan_girl said in More bad news for Biden:
@xenon said in More bad news for Biden:
@jolly I guess I just fundamentally disagree on economic matters.
The real effects of government policy on the economy probably take years or decades to materialize.
Other than pumping money in or out of the system - not much a government can do in the very short run.
Plus it's just an over-inflated understanding of what the American Presidency is for. I think the people who created the constitution would balk at that.
Shhhh. I think @horace will disagree. LOL
I have say this many times before.
US presidents get way too much credit when things are going well and too much blame when things go bad.
Yes, you've said that many times. You're wrong however, and Biden has proven that beyond all doubt.
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What actions can Joe actually take to fix the supply chain issue?
Didn't a lot of companies pull back their supply chain from China leading up to COVID? (Not necessarily a bad thing for the long run) Then they pulled back even more expecting a recession that never fully materialized?
I'm not sure what any President or elected official could do to prevent the cumulative effects of the decisions of private businesses.
Yes - they set policy that influences this, but those mechanism are slow to have effects.
@xenon said in More bad news for Biden:
What actions can Joe actually take to fix the supply chain issue? .
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Not wait 9 months to address it, for starters.
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Remember the massive rollout of the PCR testing under the last administration? What did Trump have to do with it? He put the retailers and the producers in the same room… Pretty simple. Has Biden put the shippers, port authorities, manufacturers, unions, and economists together in the same room yet? Seems like something that should have happened 6 months ago…
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Not continue giving unemployment benefits while claiming that employers just needed to start paying more…
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Promoted more manufacturing in America… That was supposed to be the big lesson learned coming out of this. It wasn’t.
There are about a half dozen other items…
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@xenon said in More bad news for Biden:
What actions can Joe actually take to fix the supply chain issue? .
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Not wait 9 months to address it, for starters.
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Remember the massive rollout of the PCR testing under the last administration? What did Trump have to do with it? He put the retailers and the producers in the same room… Pretty simple. Has Biden put the shippers, port authorities, manufacturers, unions, and economists together in the same room yet? Seems like something that should have happened 6 months ago…
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Not continue giving unemployment benefits while claiming that employers just needed to start paying more…
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Promoted more manufacturing in America… That was supposed to be the big lesson learned coming out of this. It wasn’t.
There are about a half dozen other items…
@lufins-dad said in More bad news for Biden:
Not continue giving unemployment benefits while claiming that employers just needed to start paying more…
How has that worked? From a newsletter I have read, the US states that ended federal unemployment earliest actually have had the slowest "return to jobs" vs. states that had the federal unemployment benefits go longer.
(I will add that i disagree with the added federal unemployment benefits, but it appears that it has not really been a large factor as to when people return to work or not)
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I think Florida and Texas are doing okay.
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@jolly Current State Unemployment Rates
As of end Sept 2021
Florida is ranked #29
Texas is ranked #35Out of 50 states.
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Shitload better than New York or California.
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But it does not change my initial comment that states that ended federal unemployment are doing better than those that did not.
They are not. There does not seem to be any relation between unemployment and stopping/extension of federal unemployment.
(Even saying that, i do not think it was a good idea to extend those benefits)
