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I don't believe it's entirely the result of bad policies, but you also left if vague. Which bad policies are entirely causing this in your opinion?
by jshen 1y ago
I don't believe it's entirely the result of bad policies, but you also left if vague. Which bad policies are entirely causing this in your opinion?
- _aavaa_ 1y agoFor starters we have cancelling and ripping up clean energy projects, introducing serious uncertainty about tarrifs, increasing unease for any immigrant (and even non-white citizens).
- jshen 1y agoThose are bad things. It doesn't mean there aren't other contributors to our economic challenges.
- mikestew 1y agoSo where’s your list of these “other contributors“? People answered your question, and your response was “wrong, try again.”
- jshen 1y agoDebt cycles would be one example that's not a policy decision. https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8 https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8 Edit: having said that, "these economic problems are ENTIRELY the result of bad policies". That's a very bold claim, which warrants some strong evidence. No one has provided any strong evidence that it's ENTIRELY from bad policies.
- mikestew 1y agoRe: your EDIT - fair enough, thanks for the additional information.
- frugalmail 1y agoCourtesy of AI Avg monthly "clean energy" jobs so far: - 2023: ~3.38M - 2024: ~3.45M - 2025: ~3.42M Any impact to the economy due to "green job project cancellations" wouldn't have surfaced yet. Uncertainty about tariffs: it was already on the books to earn $2.3T (conventional) / $1.5T (dynamic) over the next 10yrs, and inflation is far more under control than it was last year despite the tariffs. Of course legal challenges have disrupted it now. This is also completely ignoring the massive investment foreign countries/companies are making on US Soil to employ US employees.
- nullocator 1y agoFiring thousands of skilled and qualified federal employees, gutting research grants and funding, spitting in our allies faces.
- jshen 1y agoThose are bad things. It doesn't mean there aren't other contributors to our economic challenges.
- noitpmeder 1y agoAt this point I think the ball is in _your_ court to start suggesting reasonable cofactors.
- jshen 1y agoDebt cycles would be one. https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8 https://youtu.be/SoKr0QVCLPA?si=kKcXNetb-kAPr1S8
- cosmicgadget 1y agoThat is a bad thing. It doesn't mean there aren't other contributors to our economic challenges.
- jshen 1y agoGlad you agree with me! The person I originally replied to said, "these economic problems are ENTIRELY the result of bad policies"
- cman1444 1y agoI don't the current economy is "entirely" the result of bad policy, but I do think it is the primary contributor. I read/listen to a lot of economic commentators as an interest of mine, and there is pretty broad agreement that tariffs are the main cause of inflation failing to tick down to target this year. There also seems to be consensus that the manufacturing sector has been harmed by tariffs and immigration policy rather than helped. In my opinion, the AI hype cycle has temporarily buoyed the economy from more serious pain. If significant economic gains aren't realized from it soon I think we'll begin to see that pull back. I do, however, think a return to ZIRP by the Fed would result in a significant economic boost. Psychologically, everyone remembers how advantageous low interest rates are and I think it could result in real investor/borrower optimism, temporarily, if we go back to that. Unfortunately, that would likely mainly stimulate the demand side of the economy, and not as much supply. I don't have high hopes for how that would affect inflation.