Some reading material for Sunday morning

[Mik]

Optimistic, but is it realistic?

https://www.msn.com/en-us/money/markets/biden-s-break-from-neoliberalism-to-invest-in-the-middle-class-could-create-the-mother-of-all-economic-booms-an-economic-commentator-explains-why/ar-BB1gvA5d?ocid=msedgntp

[Horace]

Let's hope so. If Biden has some part to play in helping the middle class build wealth, then I say, more power to geriatric puppets.

More power to geriatric puppets!

[Mik]

It does not make sense to me that as his faculties weaken, this guy who has been status quo for 37 years in Congress all of a sudden has a revelation on politics and global economy.

The other places where I think the article is a bit suspect are where he states that the US economy could have been running red hot for the last 40 years and all would be hunky dory. He also does not take into account at all the mammoth changes in the workforce brought on by technology.

[Jolly]

Is there anything Trump can't do?

[LuFins Dad]

His theory is completely based on MMT. End of story.

[Horace]

@lufins-dad said in Some reading material for Sunday morning:

His theory is completely based on MMT. End of story.

Oh. Well, in that case...

[taiwan_girl]

Not going to happen. The economy will grow over the next couple of years, just because it is recovering from what happened due to COVID. But, I dont think it will be this super good growth - probably more like normal growth.

[LuFins Dad]

@taiwan_girl said in Some reading material for Sunday morning:

Not going to happen. The economy will grow over the next couple of years, just because it is recovering from what happened due to COVID. But, I dont think it will be this super good growth - probably more like normal growth.

I’m concerned about inflation and shipping... I actually think the economy was healthier the last 12 months than what we are about to see...

[Axtremus]

@lufins-dad said in Some reading material for Sunday morning:

I actually think the economy was healthier the last 12 months than what we are about to see...

Why is that?