Elections DOGE is formed

[GearSolidMetal]

It's lower compared to the average wage.

Thats not what I asked.

Obviously nothing is lower in terms of actual price

Thank you... and why is that?

 

[Hellowhosthat]

Thats not what I asked.


Thank you... and why is that?

Jesus Christ nobody is arguing that prices haven't gone up but it's only an issue where wages haven't gone up to match

 

[GearSolidMetal]

Jesus Christ nobody is arguing that prices haven't gone up but it's only an issue where wages haven't gone up to match

'to match?'
You sure about that?

And can you explain how capitalism is to blame?

 

[GearSolidMetal]

I don't know how anyone with a basic knowledge of history thinks TVs were cheaper in the 1950s.

That's a pretty fucking shitty TV by todays standards.

And that was top-of-the-line back then.

Care to compare that to todays TVs?
Actually don't bother thats another subject but TVs back then didn't even have remote controls.

You're floundering here.

Actually I'm doing very good here.

First you claimed that taxes on the wealthy led to increased costs for goods and services.

And they do.

Then you're saying citing the Trump and Biden era as an example, even though taxes for the wealthy heavily decreased.

I never said decrease in taxes makes prices decrease.

Then you're trying to argue that the price of housing is driven by tax rate on the wealthy.

Thats one reason.

And now you want to talk about the money supply.

You think that isn't a reason?

What causes the money supply to increase?

It's as if you are bouncing from one talking point you heard about on twitter to another, with no actual knowledge of the substance at these issues. All you can do is repeat talking points, without actually being able to assess them.

Incorrect.

Still wondering if you're ever going to get curious about that graph.

How could the inflation be so low for almost 200 years, and suddently spike multiple times over within 50 years?

Doubt you'll ever figure it out.

 

[Mr Holmes]

MSN

 

[Andy Capp]

The protections are created through Acts of Congress, EPA is just the arm of federal enforcement. The NPS has jurisdiction over the national parks and isn't dependent on the EPA for much of anything. In addition to the Organic Act (1916) that created it and gave the NPS its mandate, there are suite of conservation laws that it upholds to a far more stringent degree and with higher classifications than found elsewhere to carry out its mission of preservation, including the Wilderness Protection Act (1964), Environmental Policy Act (1970), Clean Air Act (1970), Clean Water Act (1972), and Endangered Species Act (1973). Of course, if you took a sledgehammer to the EPA and don't enforce the laws in any of the surrounding areas or regions, the indirect impact would be significant. We already have issues with that in regard to air quality and smog filled skies in various parks.

Have you ever heard of Cancer Alley, Louisiana?

US: Louisiana’s ‘Cancer Alley’

The fossil fuel and petrochemical industry in the Louisiana area that has come to be known as “Cancer Alley” has devastated the health, lives, and environment of residents.

www.hrw.org

I think it's great that the NPS is relatively effective. But what about places where people live?

 

[Andy Capp]

I'm a bit concerned about what they're going to cut. Fox News did a segment recently complaining about things like butterfly research lmao. Like of all things they could find isn't that one pretty important? Am I the only one that feels like this country has become really anti-science over the past few years?

It's been headed in that direction for a lot longer than that, I think. Conservative talk radio has been pushing anti-science rhetoric for decades. All the rest of the MAGA-sphere stems from that.

 

[avenue94]

And that was top-of-the-line back then.

Care to compare that to todays TVs?
Actually don't bother thats another subject but TVs back then didn't even have remote controls.

Right...so like I said, TVs today are cheaper than they were in the 1950s, both nominally and adjusting for inflation. I can walk into Best Buy and get a 4K 50" for well under $500. The wonders of overseas production.

And they do.

And yet you can't provide a single example.

I never said decrease in taxes makes prices decrease.

So raising taxes increases costs but cutting taxes also increases costs?

Thats one reason.

And the evidence of this is...?

You think that isn't a reason?

What causes the money supply to increase?

Population growth, changes in fiscal policy, etc.

Incorrect.

Still wondering if you're ever going to get curious about that graph.

How could the inflation be so low for almost 200 years, and suddently spike multiple times over within 50 years?

Doubt you'll ever figure it out.

This thing called the gold standard, which made for a really unstable economy with more frequent recessions, was a big reason. Life as a middle class or working class person is vastly better today than it was pre-1900.

 

[GearSolidMetal]

Right...so like I said, TVs today are cheaper than they were in the 1950s, both nominally and adjusting for inflation. I can walk into Best Buy and get a 4K 50" for well under $500. The wonders of overseas production.

No, pointing out the top-of-the-line TV in the 1950s is the same price as a shitty TV today doesn't prove your point.

And yes, the wonders of overseas production is one of the economic reasons why TVs are 'cheaper' today than they were in the 1950s.

And yet you can't provide a single example.

This is a recent example from Vox showing how prices have increased much higher than the current rate of inflation.
In other words, corporations are using inflation to increase the prices of their goods to increase their profit margins.
Do you know what is a liability to profit margins? Taxes.
If taxes increase and take an increased percentage out of their profit margins, do you think the corporations will just pay it?

Or will they increase their prices to compensate for it?

So raising taxes increases costs but cutting taxes also increases costs?

Cutting taxes doesn't increase costs, it increases profit margins. Corporations would rather just keep the money they don't have to pay for the government and keep their prices the same.

And the evidence of this is...?

You honestly believe there's only one reason for housing to multiply 100× times since the 1950s is population growth?



The population only doubled in 60 years, so good luck sticking to your opinion.

Average House Price in 1950 (Compared to Today)

Discover the shockingly affordable average house price in 1950 and compare it to today's prices. Explore the factors driving the drastic differences in housing costs.

www.noradarealestate.com

 

[GearSolidMetal]

This thing called the gold standard, which made for a really unstable economy with more frequent recessions, was a big reason. Life as a middle class or working class person is vastly better today than it was pre-1900.

'A really unstable economy' based on a solid asset, gold, backing up the worth of the dollar.
No, the economy was quite stable, but the government couldn't vastly overspend what it received in tax revenue.

Now it can, with the US government now overspending for the past 50 years and currently $1 trillion every 100 days.
With the federal reserve loaning that money out, it means every existing dollar loses value, hence why everything has skyrocketted in price while wages haven't increased anywhere as quickly.

The rich get richer.
The poor get poorer.
The middle class become the poor.
And you leftists always blame capitalism, when its your own politicians that fuck owner their voters.

 

[Renard]

I still can't get over the fact they made a doge department.

 

[avenue94]

lmao
No, pointing out the top-of-the-line TV in the 1950s is the same price as a shitty TV today doesn't prove your point.

And yes, the wonders of overseas production is one of the economic reasons why TVs are 'cheaper' today than they were in the 1950s.

You asked for a product that is more affordable today than the 1950s. That's TVs easily. And now you're running again because you don't actually have any substance to your views.

This is a recent example from Vox showing how prices have increased much higher than the current rate of inflation.
In other words, corporations are using inflation to increase the prices of their goods to increase their profit margins.
Do you know what is a liability to profit margins? Taxes.
If taxes increase and take an increased percentage out of their profit margins, do you think the corporations will just pay it?

Or will they increase their prices to compensate for it?

Corporate taxes are not he same as income. And again, both corporate taxes and high income taxes were reduced in recent years. Yet you're still trying to argue income taxes drive cost of goods.

You honestly believe there's only one reason for housing to multiply 100× times since the 1950s is population growth?

Which is why I said the primary cause of housing costs exploding is lack of supply to keep up with growing demand. Try to keep up here.

'A really unstable economy' based on a solid asset, gold, backing up the worth of the dollar.
No, the economy was quite stable, but the government couldn't vastly overspend what it received in tax revenue.

Lol what. The economy was not stable during the gold standard. Recessions were much more common.

The rich get richer.
The poor get poorer.
The middle class become the poor.
And you leftists always blame capitalism, when its your own politicians that fuck owner their voters.

Remind me again, how much did the deficit and debt increase under Trump?

 

[GearSolidMetal]

You asked for a product that is more affordable today than the 1950s. That's TVs easily. And now you're running again because you don't actually have any substance to your views.

Your argument would have substance behind it if they were the same TVs, but no one today would bother pay for and willingly watch those TVs when we have the 50" 4K HDTVs avaivable.

Hence, the advancements of technology and economics of keeping TVs reasonably prices.

Praise capitalism.

Corporate taxes are not he same as income.

No one has ever said that.

And again, both corporate taxes and high income taxes were reduced in recent years. Yet you're still trying to argue income taxes drive cost of goods.

So... then why has prices increased?

Oh it can't possibly be because of the federal reserve loaning $5 trillion during the pandemic.

Where $5 Trillion in Pandemic Stimulus Money Went (Published 2022)

It is the largest government relief effort in recorded history, and two years after Covid-19 crisis began, money is still flowing to communities. Here’s where it went and how it was spent.

www.nytimes.com

No, it can't possibly because of that.

Which is why I said the primary cause of housing costs exploding is lack of supply to keep up with growing demand. Try to keep up here.

First, you're wrong that's the main reason.
Second, you're ignorant of the other reasons.
Third, ignoring the other reasons isn't surprising because it conflicts with your worldview.

Lol what. The economy was not stable during the gold standard. Recessions were much more common.

Spare us the 'OMG there's a recession and its the worst thing that could ever happen!'

Remind me again, how much did the deficit and debt increase under Trump?

This discussion isn't revolved around Republican/Democrat dynamics. The gold standard was abandoned under the Nixon administration.

 

[LeonardoBjj]

Bull doge! Dogecoin soars as Trump announces a government efficiency group nicknamed DOGE​

BY STAN CHOE

NEW YORK (AP) — Wow, much bull market.

Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” has been racing higher in value since Donald Trump won the presidential election last week. It got another bump after Trump named Tesla’s Elon Musk as one of the heads of a new “Department of Government Efficiency,” which is not a government agency but does have the acronym DOGE.

All this makes sense and is maybe humorous for anyone who’s chronically online. For others, here’s some explanation about what’s going on:

What is dogecoin?​

It’s a cryptocurrency, whose value rises and falls against the U.S. dollar based on however much people will pay for it.

At first, it was seen as a joke. But over time, dogecoin has amassed a group of fans who have periodically sent its price soaring. Like other cryptocurrencies, supporters say it could be used to buy and sell things on the internet without having to worry about a central bank or government affecting how many are in circulation.

How much has dogecoin climbed?​

One dogecoin — which is pronounced dohj-coin — was worth less than 16 cents just before Election Day. It’s since more than doubled to nearly 38 cents, as of Wednesday afternoon, according to CoinDesk. It briefly got above 43 cents earlier Wednesday.

Why is it climbing so much?​

Cryptocurrencies have generally been shooting higher since Trump’s election. Bitcoin, which is the most famous digital currency, has set an all-time high above $93,000 after starting the year below $43,000.

Excitement is racing because Trump has embraced crypto and said he wants the United States to be the “crypto capital of the planet” and create a bitcoin “strategic reserve.”

What does Elon Musk have to do with any of this?​

Musk has become one of Trump’s close allies. He’s also been one of the most famous fans of dogecoin. In 2021, Musk played a character on “Saturday Night Live” who went by the nickname, the “Dogefather.”

In 2022, Musk made more headlines when he suggested Twitter should perhaps accept dogecoin as payment for subscriptions.

It all came to a head Tuesday, when Trump announced the “Department of Government Efficiency,” which will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.”

It has the acronym DOGE, which is also the ticker symbol under which dogecoin trades. Musk will lead it, along with former GOP presidential candidate Vivek Ramaswamy.

This all sounds weird.​

Dogecoin’s history is interesting.

In 2021, on April 20, dogecoin fans tried but failed to get its value above $1 on what they were calling “Doge Day.”

April 20 has long been an unofficial holiday for marijuana devotees, and Musk himself has referred to 420 several times in his career, including his tweet in 2018 saying he had secured funding to take Tesla private at a price of $420 per share.

Is the Shiba Inu whose picture is in the meme getting special treats because of all this?​

Sadly, no. The dog, whose real name was Kabosu, passed away in Japan earlier this year at 18 years old. Much rest, may she have.

https://apnews.com/article/dogecoin-trump-doge-musk-crypto-5a6f9d61ad7c5d4fc94f567dd9ee090e

 

[ocfightfan]

Meme manufacturing stonks is about to go through the roof!

 

[GearSolidMetal]

 

[GearSolidMetal]

 

[koquerelle]

Is that waste? Really depends on why the study was commissioned.

Come on. You're way too clever to defend such a silly program.

You want to study aggression and steroids? Use cancer patients like my brother in law. He's going to give you way more info than a fucking hamster.

 

[Cartiac]

Truly hope this clown world cabinet is trolling with this one, and just giving Elon and Vivek the equivalent of an unplugged controller you give to your annoying, 4 year old cousin who insists of playing the N64.

The dumbass who suggested a "*thought* experiment" of just RANDOMLY firing 2 million government employees (thus adding them to the wellfare system) as an *interesting* way of stimulating the economy... That idiot shouldn't be anywhere near economic policy of any kind.

dumbass!? really!? you do realize over a million people get layed off every single month in this country right? There are kindof a lot of people here. I'm not a genius like you but I think we might survive a one time 2 million hit of useless government employees. Sounds like you should probably be one of those.

 

[Cartiac]

'A really unstable economy' based on a solid asset, gold, backing up the worth of the dollar.
No, the economy was quite stable, but the government couldn't vastly overspend what it received in tax revenue.

haha, you know what is a much more solid asset to back up the worth of the dollar? Aircraft carriers and F-35s. No one gives a shit about gold other than Corvette drivers and pretentious steakhouse restaurants