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REAL WORLD EVENT DISCUSSIONS
Do you feel like the winds of change are blowing today too?
Thursday, March 20, 2025 1:44 PM
6IXSTRINGJACK
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: I read a lot of your lefty bullshit. In fact, I read far more lefty shit than anything else. I'm sure Tooze is another grifter loser if you're a fan. In the meantime, I'm enjoying watching Globalism die and watching your overpaid shills lose their shit about it.Trump has a specific plan to kill Globalism. Excellent.
Quote:Originally posted by 6ixStringJack: Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: I read a lot of your lefty bullshit. In fact, I read far more lefty shit than anything else. I'm sure Tooze is another grifter loser if you're a fan. In the meantime, I'm enjoying watching Globalism die and watching your overpaid shills lose their shit about it.Trump has a specific plan to kill Globalism.
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: I read a lot of your lefty bullshit. In fact, I read far more lefty shit than anything else. I'm sure Tooze is another grifter loser if you're a fan. In the meantime, I'm enjoying watching Globalism die and watching your overpaid shills lose their shit about it.
Quote:Originally posted by 6ixStringJack: I read a lot of your lefty bullshit. In fact, I read far more lefty shit than anything else. I'm sure Tooze is another grifter loser if you're a fan. In the meantime, I'm enjoying watching Globalism die and watching your overpaid shills lose their shit about it.
Thursday, March 20, 2025 1:46 PM
Quote:Originally posted by second: Why It’s So Outrageous That Trump Is Invoking This Obscure 200-Year-Old Wartime Law By Shirin Ali | March 20, 2025 11:49 AM
Thursday, March 20, 2025 2:16 PM
SECOND
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Quote:Originally posted by 6ixStringJack: Quote:Originally posted by second: Why It’s So Outrageous That Trump Is Invoking This Obscure 200-Year-Old Wartime Law By Shirin Ali | March 20, 2025 11:49 AM Shut the fuck up, Ali. What's your green card status? How many of your family members are here illegally. Let's find out, shall we? -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul Simon
Thursday, March 20, 2025 2:24 PM
SIGNYM
I believe in solving problems, not sharing them.
Quote:Originally posted by second: Quote:Originally posted by SIGNYM: Quote: 16.Judge warns of "consequences" as Trump administration resists disclosing deportation flight details, while AG Bondi attacks court's authority. Judge is out of bounds.“This judge, like many of the Crooked Judges I am forced to appear before, should be IMPEACHED!!!” Trump wrote in a Truth Social post Tuesday. Chief Justice John Roberts pushed back against President Donald Trump and his allies’ calls to impeach judges who’ve ruled against the administration. “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision. The normal appellate review process exists for that purpose,” Roberts said Tuesday in a rare and brief statement issued just hours after Trump publicly joined demands by his supporters to remove judges he called “crooked.” https://www.politico.com/news/2025/03/18/john-roberts-donald-trump-impeach-federal-judges-00235742
Quote:Originally posted by SIGNYM: Quote: 16.Judge warns of "consequences" as Trump administration resists disclosing deportation flight details, while AG Bondi attacks court's authority. Judge is out of bounds.
Quote: 16.Judge warns of "consequences" as Trump administration resists disclosing deportation flight details, while AG Bondi attacks court's authority.
Thursday, March 20, 2025 2:32 PM
Quote: Rogue Soros-Funded NGO Plots Multi-City Assault On Tesla As Domestic Terrorism Escalates
Thursday, March 20, 2025 3:43 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: Quote:Originally posted by second: Why It’s So Outrageous That Trump Is Invoking This Obscure 200-Year-Old Wartime Law By Shirin Ali | March 20, 2025 11:49 AM Shut the fuck up, Ali. What's your green card status? How many of your family members are here illegally. Let's find out, shall we? -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul SimonWhat the world needs is more diversity of ideas.
Thursday, March 20, 2025 5:32 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: I read a lot of your lefty bullshit. In fact, I read far more lefty shit than anything else. I'm sure Tooze is another grifter loser if you're a fan. In the meantime, I'm enjoying watching Globalism die and watching your overpaid shills lose their shit about it.Trump has a specific plan to kill Globalism. The Mar-a-Lago Accord is, on its face, a far-fetched policy proposal and it is easy to pick holes in it. By Adam Tooze | Mar 19, 2025 https://adamtooze.substack.com/p/chartbook-363-stockholm-syndrome What is the Mar-a-Lago Accord? The US gives the rest of the world: 1. Security 2. Access to US markets/US consumers The US gets from the rest of the world: 1. A weaker dollar 2. A bigger manufacturing sector 3. Existing US Treasury debt swapped to new Treasury century bonds (100 year maturity. The longest maturity for U.S. Treasury bonds currently available to investors is 30 years.) Two tools to achieve such an outcome: 1. Tariffs to exert pressure on countries to sign the Mar-a-Lago Accord and to grow the US manufacturing sector 2. A US sovereign wealth fund that can be used to buy foreign currencies to depreciate the dollar Q1: Why is a Mar-a-Lago Accord in the news? President Trump aims to restructure global trade by addressing the overvalued dollar, seen as the root cause of U.S. trade deficits. Inspired by an essay by Stephen Miran (Trump’s economic advisor), the Accord proposes weakening the dollar, similar to the 1985 Plaza Accord. Q2: Key observations of the essay? The U.S. trade deficit stems from dollar overvaluation driven by inelastic demand for U.S. Treasuries and Foreign Exchange interventions by trading partners. No viable alternative reserve currencies (e.g., eurozone fragmentation, China’s capital controls) exacerbate the issue. Q3: Key recommendations? Two paths: 1) Multilateral “Mar-a-Lago Accord” with allies to weaken the dollar via coordinated policies. 2) Unilateral measures (tariffs, security threats) if partners resist Q4: How would the Accord work? Key nations (eurozone, China, Japan) would sell dollars/Treasuries from reserves. Incentives include lower tariffs; challenges include reluctance from China/eurozone and market instability from reserve managers selling Treasuries. Q5: Unilateral approach? 1) Impose a “user fee” on foreign Treasury holdings to drive out reserve managers. 2) Expand the U.S. Exchange Stabilization Fund or sell gold reserves. Risks include inflation and market dislocation. Q6: Impact on Treasuries? Forced swaps to century bonds could trigger defaults and rating downgrades. Voluntary swaps avoid default but face market skepticism. Treasury yields could rise, losing benchmark status to corporate debt Q7: Sequencing of the blueprint? Tariffs and security threats first to create leverage. Reciprocal tariffs in April 2025 signal intent Fed cooperation (post-2026 leadership change) may mitigate bond market fallout Q8: Implications for the dollar? Short-term dollar strength (to offset tariff-driven inflation), followed by long-term decline post-Accord. JPY (Japanese yen) could surge 20-25% due to undervaluation and safe-haven demand. Q9: Opportunities for Europe? Euro could gain reserve status if the dollar weakens. Requires eurozone joint debt issuance and Capital Markets Union to address fragmentation. Q10: Other takeaways? Higher financial volatility, reassessment of sovereign risk premia, and shifts to non-U.S. assets. Risks include destabilizing Treasury markets and counterproductive dollar strength. More at https://adamtooze.substack.com/p/chartbook-363-stockholm-syndrome
Friday, March 21, 2025 7:47 AM
Friday, March 21, 2025 8:06 AM
Friday, March 21, 2025 9:30 AM
Quote:Originally posted by SIGNYM: Once China was accepted into the WTO, American business flooded China with investments, hoping to tap into their giant market. Every President since then screwed the pooch by running huge deficits, so now we have a $35 trillion debt. Unforgivable. Trump looks like a President frantic to save the USA from bankruptcy: Cutting costs. Weakening the dollar deliberately instead of having it collapse catastrophically Scavenging war zones for any economic opportunity he can bully people into. He still wants/ needs the dollar to be THE reserve currency, but on more sustainable terms. BTW, GDP is supposed to reflect AMERICAN production of goods and services. In no way are "imports" part of that. Liberals have done a lot to jigger the figures (for example, counting home ownership as part of GDP, by adding in what the homeowners MIGHT have spent on rent as a "service")... but counting imports? A bridge too far. ----------- "It may be dangerous to be America's enemy, but to be America's friend is fatal."- Henry Kissinger AMERICANS SUPPORT AMERICA
Friday, March 21, 2025 10:05 AM
Quote:Originally posted by 6ixStringJack Monday, January 20, 2025 8:20 AM http://fireflyfans.net/mthread.aspx?bid=18&tid=66397&p=1 The entire atmosphere surrounding all of this is completely different than it was in 2016 and 2020. Things just kind of feel normal again. It's like all the loudest voices either screamed themselves out or they aren't being platformed anymore and/or we just finally, collectively tuned them out for a change. It's kind of nice, innit? Happy Inauguration Day!
Friday, March 21, 2025 10:20 AM
Friday, March 21, 2025 7:45 PM
Quote:Originally posted by 6ixStringJack: We don't take any of your claims seriously anymore. Keep screaming into the void. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul Simon
Friday, March 21, 2025 10:21 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: We don't take any of your claims seriously anymore. Keep screaming into the void. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul SimonI don't take Trumptards seriously because you aren't humans,
Saturday, March 22, 2025 7:23 AM
Quote:Originally posted by 6ixStringJack: You are a robot and every single one of you robots sound exactly alike on every issue they tell you to talk about on any given day. We reject the Pod People. It's really quite simple... Fix your brain, or remain a relic of the past.
Saturday, March 22, 2025 7:28 AM
Saturday, March 22, 2025 7:32 AM
Saturday, March 22, 2025 7:33 AM
Saturday, March 22, 2025 7:34 AM
Saturday, March 22, 2025 7:57 AM
Saturday, March 22, 2025 1:10 PM
Saturday, March 22, 2025 5:22 PM
Sunday, March 23, 2025 4:32 AM
Quote:Originally posted by 6ixStringJack: Excellent. It was a good day. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul Simon
Sunday, March 23, 2025 4:44 AM
Sunday, March 23, 2025 1:11 PM
Sunday, March 23, 2025 1:13 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: Excellent. It was a good day. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul SimonIRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts at agency Individuals were ‘wagering that auditors will not examine their accounts’ amid DOGE’s plans to downsize the IRS by nearly 20 percent ahead of tax filing season By Rhian Lubin in New York | Saturday 22 March 2025 15:03 EDT https://www.the-independent.com/news/world/americas/us-politics/irs-doge-cuts-tax-filing-b2719911.html IRS auditors fired https://www.google.com/search?q=IRS+auditors+fired The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Monday, March 24, 2025 6:44 AM
Quote:Originally posted by 6ixStringJack: Yeah. I've seen all the tiktoks of stupid Lefty retards telling the world they aren't paying their taxes and fuck Elon. Thank you for uploading the videos that will be used to identify you and used against you in court. Good luck. You'll need it.
Monday, March 24, 2025 6:56 AM
Quote:Originally posted by 6ixStringJack: Vanity Fair writing about white trash. You Dems just keep right on becoming the party of the Elite and see where it gets you. Under 30% approval in all Lefty media polls and dropping so far.
Monday, March 24, 2025 6:57 AM
Monday, March 24, 2025 7:30 AM
Monday, March 24, 2025 9:10 AM
Monday, March 24, 2025 1:51 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: Vanity Fair writing about white trash. You Dems just keep right on becoming the party of the Elite and see where it gets you. Under 30% approval in all Lefty media polls and dropping so far.Even I disapprove of the Democrats. Why? Because they (Biden is a particularly relevant example, but Chuck Schumer is another ) are acting like James Buchanan, the President just before the Civil War, the President who could have had the entire leadership of the Confederacy rounded up in Washington DC (where they were serving in Congress and talking openly of destroying America) and executed. But Buchanan wouldn't do a goddamn thing to stop those talkative traitors before they went on a rampage. The necessary job of burning slave owners' plantations and killing those traitors was left to Lincoln's Generals Grant and Sherman. Grant went on to be President and Sherman "If nominated, I will not run; if elected, I will not serve" became the General of the Army rather than President. In 1888, Sherman called upon the South to "let the negro vote, and count his vote honestly", adding that "otherwise, so sure as there is a God in Heaven, you will have another war, more cruel than the last, when the torch and dagger will take the place of the muskets of well-ordered battalions". Sherman's purpose in 1864: My aim then was to whip the rebels, to humble their pride, to follow them to their inmost recesses, and make them fear and dread us. "Fear of the Lord is the beginning of wisdom." https://en.wikipedia.org/wiki/William_Tecumseh_Sherman#General_of_the_Army The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Monday, March 24, 2025 4:09 PM
Quote:Originally posted by second: There’s a pattern in Trump’s power grabs By Zack Beauchamp | Mar 24,2025, 5:00 AM CDT https://www.vox.com/politics/405489/trump-deportations-gang-pro-palestine-spech-power-grab When engaging in unlawful or boundary-pushing behavior, the Trump administration has typically gone after targets who are either highly polarizing or unpopular. The idea is to politicize basic civil liberties questions — to turn a defense of the rule of law into either a defense of widely hated groups or else an ordinary matter of partisan politics. The administration’s first known deportation of a green card holder targeted a pro-Palestinian college activist at Columbia University,
Quote: WASHINGTON (AP) — Mahmoud Khalil was arrested Saturday by Immigration and Customs Enforcement agents... The arrest of a Palestinian activist who helped organize campus protests of the war in Gaza ... Khalil is being held at an immigration detention center in Jena, Louisiana, while he awaits immigration court proceedings. His arrest has drawn criticism that he’s being unfairly and unlawfully targeted for his activism while the federal government has essentially described him as a terrorist sympathizer. Trump has argued that protesters forfeited their rights to remain in the country by supporting the Palestinian group Hamas, which controls Gaza and has been designated as a terrorist organization. Khalil has not been convicted of any terrorist-related activity. In fact, he has not been charged with any wrongdoing. But experts say the federal government has fairly broad authority to arrest and try to deport a green card holder on terrorism grounds...
Quote: the site of some of the most radical anti-Israel activity. For this reason, Columbia was also the first university it targeted for a funding cutoff.
Quote: The Trump administration demanded several changes, including the university enforce its disciplinary policies, implement rules for protests, ban masks, announce a plan to hold student groups accountable, empower its law enforcement, and review its Middle East studies programs and its admissions.
Quote: Trump has also targeted an even more unpopular cohort: The first group of American residents sent to do hard labor in a Salvadoran prison was a group of people his administration claimed without providing evidence were Tren de Aragua gang members.
Quote: Trump is counting on the twin powers of demonization and polarization to justify their various efforts to expand executive authority and assail civil liberties. They want to make the conversation less about the principle — whether what Trump is doing is legal or a threat to free speech — and more a referendum on whether the targeted group is good or bad.
Quote: There is every indication this pattern will continue. And if we as a society fail to understand how the Trump strategy works, or where it leads, the damage to democracy could be catastrophic.
Monday, March 24, 2025 8:29 PM
Quote:Originally posted by 6ixStringJack: Tough talk from a little pussy living in his mom's basement, helping usher in the final days of his dead party. You lost. You are a loser. It's over. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul Simon
Monday, March 24, 2025 9:57 PM
Monday, March 24, 2025 11:42 PM
Tuesday, March 25, 2025 6:25 AM
Tuesday, March 25, 2025 6:46 AM
Tuesday, March 25, 2025 8:07 AM
Tuesday, March 25, 2025 8:24 AM
Tuesday, March 25, 2025 2:19 PM
Tuesday, March 25, 2025 2:51 PM
Quote:Originally posted by second: Quote:Originally posted by 6ixStringJack: Tough talk from a little pussy living in his mom's basement, helping usher in the final days of his dead party. You lost. You are a loser. It's over. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul SimonGreenland
Tuesday, March 25, 2025 2:59 PM
Tuesday, March 25, 2025 3:13 PM
Tuesday, March 25, 2025 5:56 PM
Tuesday, March 25, 2025 6:49 PM
Quote:Originally posted by second: Why does this 40-year-old book by a career academic still hit so hard? By Laura Miller | March 25, 2025 1:41 PM The inspiration that prompted Postman to write Amusing Ourselves to Death in the first place arrived with 1984, the year that gave George Orwell’s novel of totalitarianism its title. Postman wanted to point out that while the America of his day had avoided Big Brother, it was instead succumbing to the strategies of control laid out in another dystopian novel, Aldous Huxley’s Brave New World. Postman wrote that Huxley grasped what Orwell did not, “that it is not necessary to conceal anything from a public insensible to contradiction and narcoticized by technological diversions.” But the one development Postman didn’t anticipate was that the 21st-century demagogue need not trouble himself with choosing between the two forms of social control. Trump has shown that today’s autocrat can use the amusement-driven entertainment media to gain and hold power, then deploy that power to execute surveillance, censorship, exploitation, and the persecution of his enemies. Some visions were too dark even for that 1980s prophet of 21st-century America to predict. But Postman left us with the ideas and strategies we need to understand how we got into this perilous state, the first and necessary step to getting out of it. https://slate.com/culture/2025/03/amusing-ourselves-death-neil-postman-ezra-klein.html Download a free copy of Amusing Ourselves To Death from the mirrors at https://libgen.rs/search.php?req=Amusing+Ourselves+To+Death Or from https://annas-archive.org/search?q=Amusing+Ourselves+to+Death The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Tuesday, March 25, 2025 6:51 PM
BRENDA
Quote:Originally posted by second: Worthwhile Canadian Observations About a “boring” country that definitely isn’t By Paul Krugman | Mar 25, 2025 https://paulkrugman.substack.com/p/worthwhile-canadian-observations Economists have never considered Canada boring: It has often been a laboratory for distinctive policies. But now it’s definitely not boring: Canada, which will hold a snap election next month, seems poised to deliver a huge setback to Donald Trump’s foreign ambitions, one that may inspire much of the world — including many people in the United States — to stand up to the MAGA power grab. So this seems like a good time to look north and see what we can learn. Here are three observations inspired by Canada that seem highly relevant to the United States. 1. Other countries are real I don’t know what set Trump off on Canada, what made him think that it would be a good idea to start talking about annexation. Presumably, though, he expected Canadians to act like, say, university presidents, and immediately submit to his threats. What he actually did was to rally Canadians against MAGA. Just two months ago Canada’s governing Liberals seemed set for a historic collapse, with Conservative leader Pierre Polievre the all-but-inevitable next prime minister. Now, if the polls are to be believed, Polievre — who has been trying to escape his image as a Canadian Trump, but apparently not successfully — is effectively out of the running. I won’t count my poutine until it’s served, but it does seem as if Trump’s bullying has not only failed but backfired spectacularly. (And, arguably, saved Canada; all indications are that Polievre is a real piece of work.) But why? Much of this is on Trump, who always expects others to grovel on command. But it also reflects a general limitation of the American imagination: we tend to have a hard time accepting that other countries are real, that they have their own histories and feel strong national pride. Canada, in particular, arguably defined itself as a nation in the 19th century by its determination not to be absorbed by the United States. In fact, there are almost eerie parallels between some of those old confrontations and current events. The 1890 McKinley tariff, of which Trump speaks with such admiration, was in part intended to pressure Canada into joining the U.S.. Instead, it inspired a backlash: Canada imposed high reciprocal tariffs, sought to strengthen economic linkages between its own provinces, and built a closer economic relationship with Britain. Sure enough, Mark Carney, the current and probably continuing Canadian prime minister, has emphasized removing remaining obstacles to interprovincial trade and seems to be seeking closer ties to Europe. Trump may expect submission; he’s actually getting “elbows up.” 2. Time and chance happeneth to us all Why, but for the grace of Donald Trump, was the Liberal Party headed for electoral catastrophe? There were specific policy issues like the nation’s carbon tax and Justin Trudeau’s personal unpopularity, but surely the main reason was a continuation of the factors that made 2024 a graveyard for incumbents everywhere, especially continuing voter anger about the inflation surge of 2021-22. Some of us tried to point out that the very universality of the inflation surge meant that it couldn’t be attributed to the policies of any one country’s government. If Bidenomics was responsible for U.S. inflation, why did Europe experience almost the same cumulative rise in prices that we did? But there was never much chance of that argument getting traction in the United States, where we have a hard time realizing that other countries exist. The Canadians, however, definitely know that we exist, and you might think that public anger over inflation would have been assuaged by the recognition that Canada’s inflation very closely tracked inflation south of the border: But no, Canadian voters were prepared to punish the incumbent party anyway for just happening to hold power in a difficult time. The race is not to the swift, nor the battle to the strong, neither yet electoral victory to parties with good policies; but time and chance happeneth to them all. 3. Life is about more than GDP Canada’s inflation experience looks a lot like ours, but in other ways Canada has clearly underperformed. In particular, it has had weak productivity growth, which has left it substantially poorer than the U.S.. Canada, The Economist declared in a much-quoted article, is now poorer than Alabama, as measured by GDP per capita. That’s not quite what my numbers say, but close. Yet Canada doesn’t look like Alabama; it doesn’t feel like Alabama; and by any measure other than GDP it isn’t anything like Alabama. Here’s GDP per capita along with a widely used measure of life satisfaction, the same one often cited when pointing out how happy the Nordic countries seem to be, and life expectancy at birth: Sources: IMF, Bureau of Economic Analysis, Gallup, World Bank So yes, Canada’s GDP per capita is comparable to that of very poor U.S. states. So is per capita GDP in Finland, generally considered the world’s happiest nation. But Canadians appear, on average, to be more satisfied with their lives than we are, although not at Nordic levels. We don’t have a comparable number for Alabama, but surveys consistently show it as one of our least happy states. Part of the explanation for this discrepancy, no doubt, is that so much of U.S. national income accrues to a small number of wealthy people; inequality in Canada is much lower. And I don’t know about you, but I believe that one important contributor to the quality of life is not being dead, something Canadians are pretty good at; on average, they live more than a decade longer than residents of Alabama. The general point here is that while GDP is a very useful measure, and is generally correlated with the quality of life, it’s not the only thing that matters. And the more specific point is that Canada, which among other things has universal health care, has some good reasons beyond national pride not to become the 51st state. So Canada isn’t boring now, and it never was. As I said, try looking north; you might learn something. The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Tuesday, March 25, 2025 9:45 PM
Quote:Originally posted by 6ixStringJack: I don't know if Democrats want to start telling people to read books like Amusing Ourselves to Death. It's better for them if people stay asleep and don't ever start thinking much about the world around them. -------------------------------------------------- "I don't find this stuff amusing anymore." ~Paul Simon
Tuesday, March 25, 2025 9:47 PM
Wednesday, March 26, 2025 4:40 AM
Quote:Originally posted by second: Worthwhile Canadian Observations About a “boring” country that definitely isn’t By Paul Krugman | Mar 25, 2025 https://paulkrugman.substack.com/p/worthwhile-canadian-observations I don’t know what set Trump off on Canada,
Quote: Sure enough, Mark Carney, the current and probably continuing Canadian prime minister, has emphasized removing remaining obstacles to interprovincial trade and seems to be seeking closer ties to Europe.
Quote: surely the main reason was a continuation of the factors that made 2024 a graveyard for incumbents everywhere, especially continuing voter anger about the inflation surge of 2021-22. Some of us tried to point out that the very universality of the inflation surge meant that it couldn’t be attributed to the policies of any one country’s government. If Bidenomics was responsible for U.S. inflation, why did Europe experience almost the same cumulative rise in prices that we did?
Quote:The Economist declared in a much-quoted article, [Canada] is now poorer than Alabama, as measured by GDP per capita... Yet Canada doesn’t look like Alabama; it doesn’t feel like Alabama; and by any measure other than GDP it isn’t anything like Alabama. Here’s GDP per capita along with a widely used measure of life satisfaction, the same one often cited when pointing out how happy the Nordic countries seem to be, and life expectancy at birth: Sources: IMF, Bureau of Economic Analysis, Gallup, World Bank Part of the explanation for this discrepancy, no doubt, is that so much of U.S. national income accrues to a small number of wealthy people; inequality in Canada is much lower.
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