***Official Political Discussion Thread***

[iamdef]

Like.....that's not even close to how it works. We just makin' up new stuff???

 

[rillo561]

Yes, it's alt facts time. That's exactly how it works.

 

[elpablo21]

Create the Supply, The Demand will Follow...

If you build it, they will come...

Field of Dreams was about the Economics this whole time? 

 

[harlemtothebronx]

Man, an ounce of logic would tell you that absolutely is so far from how supply and demand works.

Sad **** is, they know they don't even have to form logical BS arguments, because so many people just blindly follow and are unable to internalize and rationally form an opinion independent of anyone or anything else.

And the rest of us are just left to pull our hair out looking at the chaos.

Just one ounce of logic.

 

[RustyShackleford]

Not to break up the slander parade, but what Perry said, if just apply basic supply-demand theory to get taught in Principles, is not wrong.

He is just missing a step/effect in between.

But the way Perry worded it leads me to believe he does know what he is really talking about.

 

[Based Jesus]

I'm gonna go into business making sundials and astrolabes. Create the supply and the demand will come

 I can't fail! 

 

[sundoobie]

Sometimes we lose perspective because we focus so much on how to convince the other side, but I'm done with that because they can't be compromised with when it comes to the lord and emperor.

This dude literally is so unethical that he caused the Ethics Office Director to resign.

Or in other words... FIRED. He was terrible anyway... months and months of unethical and collusion by the Administration, and he did little.

In 2013, he was appointed by President Barack Obama to a five-year term as the director of the Office of Government Ethics.

But hey.. it's not like he doesn't have a lucrative position waiting for him

Shaub is set to take a new job as senior director of ethics at the Campaign Legal Center, a nonprofit legal advocacy group founded by Trevor Potter, who served as a Republican appointee to the Federal Election Commission

 

[whywesteppin]

She was intimated by just how DAPPER DON LOOKED. DON'T BLAME HER.

Poor girl is just shy. da don has this running through his head:

"Damn I hate a shy *****. Don't you hate a shy *****? Yes, I ate a shy *****. And she is not shy anymore; she changed her name to my *****. Yes, comrade, that is my *****."

 

[Belgium]

 

So he got an A+ in resisting indoctrination by da libbie propaganda factories known as universities? 

 

[RustyShackleford]

Thinking back to Principles.

If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.

So then the market clears at a new lower equilbrium price.

Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.

 

[EddieDoyers]

Create the coal, and the coal workers will come

 

[Belgium]

Create the anti-intellectualism, and the republicans will come 

 

[whywesteppin]

Thinking back to Principles.

If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.

So then the market clears at a new lower equilbrium price.

Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.

I think you're giving him too much credit (any credit).

He just said it because he hears "supply and demand" all the time in those fancy big city papers and he thought he could sound smart too.

That's how you make it through college if you're fine with C's and D's.

 

[RustyShackleford]

Supply side economics sounds great at a basic level. The further you move into economic you realize it is not that simple, as with most thing in the field.

And on a macro level, supply side has failed routinely as a general theory on how to jump start the American economy.

 

[aepps20]

Create the coal, and the coal workers will come

This is the ONLY WAY IT WORKS.

 

[aepps20]

Poor girl is just shy. da don has this running through his head:

"Damn I hate a shy *****. Don't you hate a shy *****? Yes, I ate a shy *****. And she is not shy anymore; she changed her name to my *****. Yes, comrade, that is my *****."

EXCELLENT ANALYSIS comrade

 

[iamdef]

Not to break up the slander parade, but what Perry said, if just apply basic supply-demand theory to get taught in Principles, is not wrong.

He is just missing a step/effect in between.

But the way Perry worded it leads me to believe he does know what he is really talking about.

Nah, he don't get a partial credit on a technicality

I think you're giving him too much credit (any credit).

He just said it because he hears "supply and demand" all the time in those fancy big city papers and he thought he could sound smart too.

That's how you make it through college if you're fine with C's and D's.

I agree. Ain't no participation trophy here

 

[Armada]

Supply side economics sounds great at a basic level. The further you move into economic you realize it is not that simple, as with most thing in the field.

And on a macro level, supply side has failed routinely as a general theory on how to upstart the American economy.

I agree I didn't go far into economics because I switched my major to political science but even in the entry Econ classes I had a feeling something was up with supply side especially in the macro like you said

 

[elpablo21]

Trump left without luxury hotel for G20 summit after waiting too long to book reservation: report https://t.co/0ibwavWBRV pic.twitter.com/PzFYFWNEpK
— The Hill (@thehill) July 6, 2017

 

[gry60]

Thinking back to Principles.

If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.

So then the market clears at a new lower equilbrium price.

Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.

I don't think it's stupidity. Perry and all the supply side gurus know their theory only works under conditions that are not available in our socioeconomic reality, but it's more convenient to stick to the lie than admit your entire career has been built on sand.

It's also a convenient lie for the people heavily invested in the fossil fuels industry, who have been caught with their pants down by progress in renewable technology and they are scrambling to salvage their industry by pretending that there is a political war on coal/oil. They complain about solar subsidies without mentioning that they benefit from government largesses. The other thing not mentioned here is how politicians in favor of fossil fuels impose punitive taxes on renewable users in order to dissuade them from adopting the tech.

Sounds like picking and choosing winners and losers to me.

 

[EddieDoyers]

Thinking back to Principles.

If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.

So then the market clears at a new lower equilbrium price.

Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.

I don't think it's stupidity. Perry and all the supply side gurus know their theory only works under conditions that are not available in our socioeconomic reality, but it's more convenient to stick to the lie than admit your entire career has been built on sand.

It's also a convenient lie for the people heavily invested in the fossil fuels industry, who have been caught with their pants down by progress in renewable technology and they are scrambling to salvage their industry by pretending that there is a political war on coal/oil. They complain about solar subsidies without mentioning that they benefit from government largesses. The other thing not mentioned here is how politicians in favor of fossil fuels impose punitive taxes on renewable users in order to dissuade them from adopting the tech.

Sounds like picking and choosing winners and losers to me.

Muh small government doe

da hypocrisy by da republicans

 

[RustyShackleford]

Thinking back to Principles.

If a we are at an equilibrium and then supply increase, then it will cause a drop in price which leads to an increase in demand.

So then the market clears at a new lower equilbrium price.

Perry's economic stupidity is from him assuming that their are no substitutes in the market for coal. There are multiple, natural gas being the biggest. So you can flood the market, as long as gas is still cheaper you won't see the uptick in demand in coal.

I don't think it's stupidity. Perry and all the supply side gurus know their theory only works under conditions that are not available in our socioeconomic reality, but it's more convenient to stick to the lie than admit your entire career has been built on sand.

It's also a convenient lie for the people heavily invested in the fossil fuels industry, who have been caught with their pants down by progress in renewable technology and they are scrambling to salvage their industry by pretending that there is a political war on coal/oil. They complain about solar subsidies without mentioning that they benefit from government largesses. The other thing not mentioned here is how politicians in favor of fossil fuels impose punitive taxes on renewable users in order to dissuade them from adopting the tech.

Sounds like picking and choosing winners and losers to me.

All economic policy is about picking winner and loser. Nothing policy makers do is gonna be pareto efficient. It is just left wing policy does more good on aggregate than right wing policy.

And while I agree with your comment I still must insist it is stupidity , at least in Perry's case

First, there is a general consensus in this country that Rick Perry is a ******* jack ***. He is a supply side disciple, true, but he can't even get the basic talking points right

Second, he is a moron because you laid out the finesse move perfectly, but the finesse move won't work in this instance because natural gas is too cheap and their policies will only make it cheaper. To save coal you need to injure the natural gas industry, hurting solar is nowhere enough. Some clowns don't even realize this, I mean, look at the debates we have had with some dudes in this thread.

 

[IATT]

 

[RustyShackleford]

https://www.washingtonpost.com/powe...ea80e32bf47_story.html?utm_term=.b0cab3f9db8d

I love when a member of the GOP has a lucid break and snitches on the party.

The GOP was never ready govern. Everything they do is just to oppose the Dems.

I still intend to write that long post as to why I vote Dem down the line and why I think everyone including conservatives as a short term strategy, but one of the major reason is that the Democratic Party is the only party filled with people willing, able and ready to govern this country.

Everything the GOP does is just power grabbing to give the rich tax breaks, indulge big business in their rent seeking and inflict harm on minorities

The difference between the passing of the ACA and the forcing through of the AHCA highlights this beautifully.

 

[rolaholic]

Da great Don and distinguished comrade Vlad will have the greatest,most freedom filled and patriotic conversation of the 21st century behind those lucky doors

Shame on all the Libbie clowns trying to diminish this historic meeting

They don't wanna see 'Murica soar and flourish