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Hugo Stiglitz

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Everything posted by Hugo Stiglitz

  1. Additionally, consolidated corporate control of many goods and services has exacerbated the inflation problem. The mega corporations are posting record profits and some are doing stock buy backs. They are using higher input costs as an excuse to inflate prices much higher than they should be because with almost no competition, they can get away with it. Almost like they’re applying the pharmaceutical pricing model. Additionally this gouging continues down the supply chain because when a supplier raises a price by a nickel, the middle man raise it a dime. That’s one way you get runaway “inflation.”
  2. Trump completely mishandled Covid on the messaging/leadership level but when you compare what his administration did versus what Biden is doing regarding economic relief and the pandemic, this kinda sums it:
  3. This was entirely predictable back in March/April when I was losing my shit about the administration dragging their feet on the legislative agenda. You can blame Manchin all you want but it’s important to note there was no urgency nine months ago when it was most needed.
  4. Not sure but I’m curious to see if any fess up on their own accord before getting doxxed.
  5. Does the Fed have a name and a face? Is it Joe Biden? or Biden appointees? I imagine most people blame Biden because their quality of life isn’t improving and it’s harder to get ahead. The President always gets more credit and blame than deserved.
  6. American conservatism should be as dead as Soviet communism but nevertheless it persists because too many assholes I guess.
  7. While true, this makes an implicit assumption that only Biden could beat Trump and I’m sure some believe it, because it’s comforting and Biden did beat Trump (the worst President in memory). Don’t get me wrong, I want Biden to succeed and I’ll vote for him again because there is no alternative but I can’t ignore the death cycle we’re in due to a void of leadership and accountability. We deserve better.
  8. My criticism of him before the nomination was he is a candidate that would likely ensure we’d get a Trump or worse again. I understand why he was nominated but electing Biden is the democrats repeating some of the same mistakes that led to Trump in the first place. In short, weak and aloof leadership that prefers to talk itself out of doing the right, necessary things in hopes that everything will just work itself out.
  9. It’s dumb I agree but I understand why morons might find it funny.
  10. I don’t remember anyone before the election arguing how awesome Joe Biden would be as president. Hell, even most Democratic voters would likely prefer someone else. But the goal with Biden wasn’t to solve problems, it was merely to win one election.
  11. I mean, there is a hint truth to it. The administration’s credit claiming on the economy is a bit out of context. Americans are still dying by the thousand daily from covid but at least everyone is working again! Yay us. And I don’t fault Biden for pimping favorable economic numbers, it’s what politicians do.
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