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NEWSWEEK: The Economy is Struggling, And Democratic Constituents Are Suffering Most

POSTED BY: 6IXSTRINGJACK
UPDATED: Wednesday, October 19, 2022 10:04
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VIEWED: 955
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Wednesday, October 12, 2022 8:11 PM

6IXSTRINGJACK

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Wednesday, October 12, 2022 8:53 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


Trump will be fine.

Who wrote that article? The Republican Party: Jim Nelles is a supply chain consultant based in Chicago, IL. He has served as a Chief Procurement Officer, Chief Supply Chain Officer, and a Chief Operations Officer for multiple companies. Jim served his country as a Naval Officer after attending college on an NROTC scholarship. He has a BA from Northwestern University in Economics and French as well as a Masters in Management from the JL Kellogg Graduate School of Business.

(Since he was 12 years old, Jim Nelles has been placing GOP campaign signs on lawns and telephone poles.)
https://www.google.com/search?q=Jim+Nelles

The views expressed in this article are the writer's own. But the ideas are perfectly aligned with the GOP and their drumbeat that they are always winning. The Truth is that the GOP wins 50% of the time because each election is a coin flip. The GOP denies that because lying is both easy and natural for Republicans.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Wednesday, October 12, 2022 9:10 PM

6IXSTRINGJACK


Quote:

Originally posted by second:
The views expressed in this article are the writer's own. But the ideas are perfectly aligned with the GOP and their drumbeat that they are always winning.



I'd take anybody's opinion over yours.

You are always wrong about everything. Always.



--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, October 12, 2022 9:26 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:

You are always wrong about everything. Always.

Trump will be fine. Am I wrong?

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Wednesday, October 12, 2022 9:47 PM

JAYNEZTOWN


Biden says ‘slight recession’ possible, but they changed the definition of Recessions and there is no such thing as Shrinkflation, so just remember the Riot was worse than 911, Pearl Harbor and the Holocaust combined.

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Wednesday, October 12, 2022 10:30 PM

6IXSTRINGJACK


Quote:

Originally posted by second:
Quote:

Originally posted by 6IXSTRINGJACK:

You are always wrong about everything. Always.

Trump will be fine. Am I wrong?

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two



You're just quoting me, jackass.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, October 13, 2022 8:05 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


How far would a Republican majority go?

In 2011, the new House Republican majority, egged on by Eric Cantor and Kevin McCarthy and led by radical Tea Party rightists such as Jason Chaffetz, brought the U.S. to the brink of a default. The disaster was headed off by a last-minute compromise between Speaker John Boehner, Senate Minority Leader Mitch McConnell, and President Barack Obama. A breach of the debt ceiling, meaning the loss of the full faith and credit of the United States, would have been catastrophic. But Chaffetz and many of his colleagues were more than willing to make that happen. In the aftermath, Chaffetz said, “We weren’t kidding around. We would have taken it down.”

As it was, the brinkmanship and delays had severe effects. The Dow fell 2,000 points in the months that followed, and borrowing costs for the federal government increased by an estimated $18.9 billion over 10 years, according to the Bipartisan Policy Center.

Chaffetz is now long gone from the House, but the Tea Party radicals—who a few years later formed the Freedom Caucus because the existing right-wing caucus, the Republican Study Committee, was not right-wing enough—have moved from the fringe to the center among House Republicans. And if Republicans capture a majority in next month’s midterm election, they will make the Tea Party group look like milquetoast moderates. The prospect of default, along with extended government shutdowns and disruptions and a hamstrung administration, will loom large.

If there is one timeworn cliché about elections, it is that the next one is the most significant in our lifetime. There is reason to believe it is true this time. Although the outcomes remain uncertain, one thing is clear: If Republicans win control of the House of Representatives, the country will face a series of fundamental challenges much greater than we have had in any modern period of divided government, including a direct and palpable threat of default and government shutdown. The Republican majority will be more radical, reckless, and willing to employ nuclear options to achieve its goals than any of its predecessors have been, and its leadership, starting with McCarthy, will be either compliant or too weak to head off catastrophe.

https://www.theatlantic.com/ideas/archive/2022/10/economy-default-2022
-republican-midterm-elections/671707
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, October 13, 2022 10:20 AM

6IXSTRINGJACK


Quote:

Originally posted by second:
How far would a Republican majority go?

In 2011, the new House Republican majority, egged on by Eric Cantor and Kevin McCarthy and led by radical Tea Party rightists such as Jason Chaffetz, brought the U.S. to the brink of a default. The disaster was headed off by a last-minute compromise between Speaker John Boehner, Senate Minority Leader Mitch McConnell, and President Barack Obama. A breach of the debt ceiling, meaning the loss of the full faith and credit of the United States, would have been catastrophic. But Chaffetz and many of his colleagues were more than willing to make that happen. In the aftermath, Chaffetz said, “We weren’t kidding around. We would have taken it down.”

Quote:

As it was, the brinkmanship and delays had severe effects. The Dow fell 2,000 points in the months that followed, and borrowing costs for the federal government increased by an estimated $18.9 billion over 10 years, according to the Bipartisan Policy Center.


Chaffetz is now long gone from the House, but the Tea Party radicals—who a few years later formed the Freedom Caucus because the existing right-wing caucus, the Republican Study Committee, was not right-wing enough—have moved from the fringe to the center among House Republicans. And if Republicans capture a majority in next month’s midterm election, they will make the Tea Party group look like milquetoast moderates. The prospect of default, along with extended government shutdowns and disruptions and a hamstrung administration, will loom large.

If there is one timeworn cliché about elections, it is that the next one is the most significant in our lifetime. There is reason to believe it is true this time. Although the outcomes remain uncertain, one thing is clear: If Republicans win control of the House of Representatives, the country will face a series of fundamental challenges much greater than we have had in any modern period of divided government, including a direct and palpable threat of default and government shutdown. The Republican majority will be more radical, reckless, and willing to employ nuclear options to achieve its goals than any of its predecessors have been, and its leadership, starting with McCarthy, will be either compliant or too weak to head off catastrophe.

https://www.theatlantic.com/ideas/archive/2022/10/economy-default-2022
-republican-midterm-elections/671707
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two




Meanwhile, in 2022...

January 4th DOW: 36,799.65
October 13th DOW: 28,983.13

https://www.google.com/finance/quote/.DJI:INDEXDJX?sa=X&ved=2ahUKE
wia-sKfsd36AhXGAzQIHdIFD_MQ3ecFegQIDhAg&window=YTD


January FED rate: 0.08
October FED rate: 2.56

https://fred.stlouisfed.org/series/FEDFUNDS




Good luck getting what your local appraiser told your taxing authority your house was worth when 30 year fixed mortgage rates are almost 8%.



Oh.. and gas is going back up too now that Joe*'s reserves have been shut off a month before the election because Democrats are stupid.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, October 13, 2022 2:49 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:

Meanwhile, in 2022...

January 4th DOW: 36,799.65
October 13th DOW: 28,983.13

https://www.google.com/finance/quote/.DJI:INDEXDJX?sa=X&ved=2ahUKE
wia-sKfsd36AhXGAzQIHdIFD_MQ3ecFegQIDhAg&window=YTD


When prices are going down (i.e. stocks) smart people buy while stupid people sell in panic. When prices are going up (i.e. natural gas) smart people sell as much gas as stupid people in the EU will buy in panic.

What will Republicans do with the power they think they will have in January 2023? Republicans Plan to Use Debt Limit Leverage to Cut Social Security and Medicare

Republicans falsely describe their intentions: “The debt limit is clearly one of those tools that Republicans — that a Republican-controlled Congress — will use to make sure that we do everything we can to make this economy strong.” The meaning of "strong" is major entitlement programs are to be cut, but you won't be told that by the Republicans.

Reps. Jodey Arrington (R-Texas), Buddy Carter (R-Ga.), and Lloyd Smucker (R-Pa.) are seeking the top spot on the Budget Committee if Smith gets the Ways and Means role. Those three agreed Republicans must use the debt-limit deadline to enact fiscally conservative legislation. Rep. Kevin Hern (R-Okla.), head of the Republican Study Committee’s Budget and Spending Task Force, also said the upcoming debt-limit deadline is “obviously a leverage point.”

Republican lawmakers have already started discussing potential outcomes for their debt-limit demands, Smucker said, including, “What would we consider a win? What would we consider to be a fiscally responsible budget?”

Making such major changes to popular entitlement programs could be politically perilous, one of the reasons such proposals have foundered in the past. The ideas have already become campaign fodder for Democrats, with President Joe Biden warning that Republicans would put Social Security and Medicare “on the chopping block.”

Republicans have acknowledged the risk, with Arrington saying if members float too many specific approaches, “this can get so politicized.” This time, Smucker said high inflation after record deficits may give conservatives the political willpower to seek ambitious cuts needed to curtail government spending.

Focus on Entitlements

Social Security and Medicare need to be addressed in the near future, some of the lawmakers said. “Our main focus has got to be on nondiscretionary — it’s got to be on entitlements,” Carter said.

https://about.bgov.com/news/entitlement-spending-cap-plans-linked-by-g
op-to-debt-limit-deal
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, October 13, 2022 4:13 PM

6IXSTRINGJACK


Quote:

Originally posted by second:
Quote:

Originally posted by 6IXSTRINGJACK:

Meanwhile, in 2022...

January 4th DOW: 36,799.65
October 13th DOW: 28,983.13

https://www.google.com/finance/quote/.DJI:INDEXDJX?sa=X&ved=2ahUKE
wia-sKfsd36AhXGAzQIHdIFD_MQ3ecFegQIDhAg&window=YTD


When prices are going down (i.e. stocks) smart people buy while stupid people sell in panic. When prices are going up (i.e. natural gas) smart people sell as much gas as stupid people in the EU will buy in panic.



Not at all related to the article you posted.

FAIL.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Friday, October 14, 2022 12:30 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two


The Republican assault on social insurance continues apace

Eric Kramer | October 14, 2022 8:27 am

Republicans have made their desire to cut – or gut – Social Security, Medicare, and Medicaid clear for decades. Jack Fitzpatrick tells us that they are gearing up for another bite at the apple:

Social Security and Medicare eligibility changes, spending caps, and safety-net work requirements are among the top priorities for key House Republicans who want to use next year’s debt-limit deadline to extract concessions from Democrats.

The four Republicans interested in serving as House Budget Committee chairman in the next Congress said in interviews that next year’s deadline to raise or suspend the debt ceiling is a point of leverage if their party can win control of the House in the November midterm elections.

Here’s Jonathan Chait on the political strategy:

It might seem strange that Republicans would be pivoting to a more aggressive agenda without holding the White House. But this is actually consistent with the strategy they have followed over the past three decades. Republicans are committed to scaling back the safety net. But they realize this agenda is toxically unpopular — even less popular than defunding the police, a policy Democrats have repudiated en masse.

They could try to accomplish this through compromise — the previous two Democratic presidents showed some willingness to trade social-spending cuts for higher taxes on the rich. But higher taxes on the rich are completely verboten in the GOP. And so their strategy is to force Democratic presidents to sign spending cuts into law against their will.

. . .

And while this tactic has never worked before, it has the theoretical attraction of evading the public’s deep aversion to the GOP policy agenda by extorting the Democrats into endorsing it.

It is hardly news that Republicans are really committed to dismantling Social Security, Medicare, and Medicaid, but this does highlight a puzzle: Democrats have successfully resisted Republican attacks, but they have been remarkably ineffective at turning this into a winning political issue, given how important these programs are to most Americans. Perhaps this year will be different, but color me skeptical.

Why doesn’t “the Republican war on Social Security and Medicare” get the same traction as “Democrats are soft on crime” or culture war nonsense like “Democrats are committed to the woke agenda”?


The press is part of the problem, as Coberly shows here. (See this appalling WAPO “fact checker” column also.)

But there must be more to it. Maybe it’s just not credible to warn about large cuts to Social Security when the threat is not imminent, just as it was difficult to get political traction on the Supreme Court and abortion rights pre-Dobbs. Or maybe Democrats are failing to seize an opportunity to lead public opinion on this issue.

Perhaps President Biden can stop the extortion by refusing to negotiate if Republicans threaten to close the government or force a debt default. “I don’t negotiate with terrorists.” Negotiations muddy responsibility, and lots of voters just won’t follow the plot. Another possibility is to have an equivalent of Norquist’s anti-tax pledge, but geared towards maintaining benefits. Or have a non-binding vote on maintaining benefits and rejecting privatization.

I’m not sure what is going on here, but unless Democrats can turn social insurance into a voting issue the future of these programs could well depend on a random turn of events that gives political power to Republicans, like a war in Europe that raises gas prices in the month before a critical election.

https://angrybearblog.com/2022/10/the-republican-assault-on-social-ins
urance-continues-apace


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Friday, October 14, 2022 5:03 PM

SIGNYM

I believe in solving problems, not sharing them.


We wouldn't need as much social insurance if we had a FUNCTIONING ECONOMY, not a massive rip-off by oligarchs.

Something Dems and establishment Repubs both fail to address.

"Social insurance" is just a diversion from (one of) our real problems.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake


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Tuesday, October 18, 2022 7:22 PM

JAYNEZTOWN


Print another Trillion you dont have?

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Tuesday, October 18, 2022 7:29 PM

6IXSTRINGJACK


Quote:

Originally posted by JAYNEZTOWN:
Print another Trillion you dont have?



And then give it to crossdresser, child rapist Zelensky.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, October 19, 2022 10:04 AM

6IXSTRINGJACK


Black voters name inflation, economic issues as biggest concern ahead of midterm elections in TheGrio/KFF survey

https://thegrio.com/2022/10/18/black-voters-inflation-economy-kff-theg
rio-midterm-elections
/

Quote:

As the 2022 midterm elections approach in less than 30 days, a new TheGrio/KFF survey found that the economy is the top-tier issue for Black voters as inflation numbers hit a 40-year high of 8.2% in September.

The poll, a partnership between theGrio and KFF, a nonprofit organization focused on research and analysis of health and other national issues, interviewed 1,000 registered voters who identify as Black or African American from Aug. 24 to Sept. 5, 2022. Among some of the findings in the nationwide survey, 73% of Black voters name inflation and other economic issues as the biggest concern for them and their families when asked to state this in their own words.
In a few words, what is the biggest concern facing you and your family right now?








Democrats Are in Trouble With Hispanics
Trump did better in 2020 than 2016, and polls suggest that trend will continue.

https://www.wsj.com/articles/democrats-are-in-trouble-with-hispanics-m
idterms-election-voters-polls-minority-inflation-abortion-roe-guns-marijuana-11666103915?st=nhr91og0n1bbqlo&reflink=desktopwebshare_permalink


Quote:

Unless Democrats can increase their appeal among Hispanic voters in these states, it’s difficult to see how they’ll be able to win statewide elections ever again. This means setting aside longstanding myths and focusing honestly on what really moves this part of the electorate.

Take immigration. Although Democrats believe that Republicans’ stance on immigration—especially at the southern border—should reduce their appeal among Hispanics, polls suggest otherwise. A recent survey of Texas voters found that 53% of Hispanics thought Gov. Abbott would do a better job handling the situation at the border, compared with 44% for Mr. O’Rourke. Forty-eight percent of Hispanics supported shipping migrants who cross the border illegally to Democrat-dominated states and cities, one of Mr. Abbott’s signature programs.






Democrats Are Having Trouble Holding Onto Their Coalition

https://dnyuz.com/2022/10/19/democrats-are-having-trouble-holding-onto
-their-coalition
/

Quote:

Political tensions between African American, Hispanic American, Asian American and white communities in Los Angeles are now on full display as a result of the publication of a secretly taped conversation that exposed the crude, racist scheming of three Hispanic City Council officials and a Hispanic labor leader — who were, in the main, angling to enhance their power at the expense of Black competitors.

These zero-sum conflicts epitomize the problem for liberals struggling to sustain a viable political alliance encompassing core minority constituencies.

“In general, conflict among groups is more likely to emerge when resources are scarce,” Vasiliki Fouka, a political scientist at Stanford, and Marco Tabellini, a professor at Harvard Business School, said by email, in response to my inquiry about Democratic intraparty tensions: “This is especially true when groups perceive each other as different and have different priorities and preferences.”



Yup. Chronic IDPol backfires when the spigots are turned off, you racist dumb fuck Democrats.

Just like I've ALWAYS SAID on these boards.



Hey Jaynez. If you see any posts I've made about racist Democrats losing the Hispanic and black vote while you're necroposting, feel free to put them in the Predictions thread as well. It shouldn't be hard to find them. You'll probably just be stumbling over them since I argued that with Second and Ted and Second's alter-ego Reaverfan all the time.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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