For Horace - stock market will go up regardless of who wins President
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I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.
Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....
Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.
wrote on 6 Oct 2020, 17:05 last edited by taiwan_girl 10 Jun 2020, 17:05@Larry But Larry, A person has to use data to be able to accurately compare things. Maybe for you, economic success is black or hispanic employment. But it is measurable. For Horace, maybe it is the price of Apple stock.
You mention profit. What would be a good translation for the nation as a whole? GDP change? Stock market change?
All I am asking is for at least five measures of what the nation (or you) considers a picture of the economy.
One measure is not enough I don’t think.
Common sense is for sure important for any business, But very difficult to measure in quantity.
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wrote on 6 Oct 2020, 17:46 last edited by
Nice... you ignored everything I said.
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wrote on 6 Oct 2020, 17:51 last edited by
It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
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wrote on 6 Oct 2020, 17:52 last edited by
Hahahaha
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
wrote on 6 Oct 2020, 18:43 last edited by@Horace said in For Horace - stock market will go up regardless of who wins President:
It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
What percentage of scientists are leading and what percentage are non-leading?
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wrote on 6 Oct 2020, 18:50 last edited by Horace 10 Jun 2020, 18:52
In order to be a leading scientist, a scientist must submit to consensus with other leading scientists. The global warming debate has brought this into sharp focus. Leading science follows from conclusions. There is no leading science which does not lead to good conclusions.
As it turns out, 98% of scientists are leading scientists.
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wrote on 6 Oct 2020, 19:34 last edited by
I like how we've all ascribe to MMT now. Seems like there'd be little political fallback from going full idiot and ratcheting down taxes further and gunning up spending too.
I think Trump actually demanded stimulus a few days ago.
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wrote on 6 Oct 2020, 19:50 last edited by
I don't think Trump favors MMT. I think he's like a duck...Calm above water, but peddling furiously to keep the economy from tanking.
If I was Biden, I'd let Trump keep it.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
wrote on 6 Oct 2020, 20:09 last edited by@Horace said in For Horace - stock market will go up regardless of who wins President:
It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
I can tell you typed this on a recently bought iPhone.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
wrote on 6 Oct 2020, 20:36 last edited by@Horace said in For Horace - stock market will go up regardless of who wins President:
an iPhone that had been bought within the past year.
old news
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wrote on 6 Oct 2020, 21:17 last edited by
What percentage of leading scientists own stock in AAPL?
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wrote on 7 Oct 2020, 00:39 last edited by
@Larry said in For Horace - stock market will go up regardless of who wins President:
Nice... you ignored everything I said.
Larry, I respectfully disagree. I did not ignore what you said. My interpret is that for you personally, you personally have done much better under Republic presidents than Democrat presidents.
All I am asking you is what would you use to define the economy on a nationwide basis?
And I believe that if you pick 5 things (GDP, etc), and we look at historical data, there will not be a big difference between Republics and Democrats presidents. I am will be happy to buy a cup of coffee if I am incorrect.
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wrote on 7 Oct 2020, 05:16 last edited by
I know that's what you believe. But you're wrong just the same. Data and statistics can be made to fit whatever picture you want to paint. Reality however, never lies.
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I know that's what you believe. But you're wrong just the same. Data and statistics can be made to fit whatever picture you want to paint. Reality however, never lies.
wrote on 7 Oct 2020, 10:01 last edited by@Larry said in For Horace - stock market will go up regardless of who wins President:
I know that's what you believe. But you're wrong just the same. Data and statistics can be made to fit whatever picture you want to paint. Reality however, never lies.
Hu? There is no way to compare except through data and statistics. You cannot compare "realities" without identifying data points.
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I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.
Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....
Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.
wrote on 7 Oct 2020, 10:54 last edited by@Larry said in For Horace - stock market will go up regardless of who wins President:
I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high.
You just quoted two statistics to support your assertion
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wrote on 7 Oct 2020, 12:01 last edited by Larry 10 Jul 2020, 12:02
Saying blacks have the highest employment level in history is not citing statistics. It's stating a reality. If I had said "black employment is up by 47.8% that would have been a data point.
To be honest, her questions were so confusing I didn't even consider them. Like I said, one can make data say whatever you want it to say.
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wrote on 7 Oct 2020, 12:12 last edited by Doctor Phibes 10 Jul 2020, 12:13
How can you know that black employment is at it's lowest level without looking at statistics?
Actually, we don't know whether it's true, since they only started keeping records in 1972.
So no, it's not as simple as saying 'it's reality' if you don't have the data.
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How can you know that black employment is at it's lowest level without looking at statistics?
Actually, we don't know whether it's true, since they only started keeping records in 1972.
So no, it's not as simple as saying 'it's reality' if you don't have the data.
wrote on 7 Oct 2020, 12:24 last edited by@Doctor-Phibes said in For Horace - stock market will go up regardless of who wins President:
How can you know that black employment is at it's lowest level without looking at statistics?
Actually, we don't know whether it's true, since they only started keeping records in 1972.
So no, it's not as simple as saying 'it's reality' if you don't have the data.
First, i didnt say black employment was at its lowest, i said it was at its highest.
Second, you just proved that basing things on statistics doesn't work by pointing out that you can't figure out what the truth is since you don't have any statistics beyond 1972.
But the reality is there just the same, and can easily be understood by anyone who uses their brain instead of Google.
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wrote on 7 Oct 2020, 12:45 last edited by Doctor Phibes 10 Jul 2020, 12:47
Sorry, I meant to say 'unemployment is at it's lowest level'
So how do we know that black employment is at the highest level in history if we don't have any records?
And it's not 'statistics' we need, it's data. Without data there are no statistics, but there is no way of determining reality, either.
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wrote on 7 Oct 2020, 12:49 last edited by
Well... yes there is.