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ForumsDiscussion Forum → Inauguration Day, Inauguration Hooooooraaay!
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Inauguration Day, Inauguration Hooooooraaay!
2018-07-05, 12:35 PM #9921
I was reminded of this article: https://www.thedailybeast.com/breaking-bad-is-fully-dependent-on-our-broken-health-care-system
former entrepreneur
2018-07-05, 12:41 PM #9922


Goddamn, I hope employers are actually forced to pay more and set a new standard for wages. Though I expect corporations will buy services from for-profit prison labor systems eons before they do that.

Though I expect only high-skill labor is actually in that much demand, i.e. people who can program.

Originally posted by Jon`C:
Didn’t watch the video to see if it covers this, but it’s not totally unreasonable to blame China for some of it. China, if modelled as a single corporation operating in a liberal state (as it should be), would be an anticompetitive monopolist.

I think I said this earlier in this thread, but here’s an example.

China dumped rare earth metals in order to drive non-Chinese suppliers out of business. A normal monopolist would keep supply steady, but hike prices in order to cash in. China didn’t do this; after cornering the market by dumping, they then reduced their export quotas. This constrained the production of non-Chinese goods that used rare earths as inputs, like motors and electronic components, which in turn forced consumers of those parts to become more reliant on Chinese supplies.

The Chinese industrial economy isn’t something run for the benefit of the Chinese people, it’s basically a weapon being used to destroy foreign economies and eventually Finlandize us.


That said, none of this would be possible without the unprincipled opportunism of our businesses and governments. If we had applied countervailing tariffs to Chinese exports back in the 1980s to reflect the cultural values we place on competitive markets, labor rights, and environmental protection, rather than allowing irredeemable psychopaths like GE to treasonously exploit a bottomless arbitrage opportunity engineered to eventually destroy themselves.


I agree 100%, for sure. China is participating in global economic warfare, and if it wasn't for our generally stupid businesspeople, we could actually counter it in some regards. Wouldn't be hard to get the first world to collectively tariff Chinese goods with the goal of protecting against Chinese dump & pump schemes and, you know, force them to give some kind of labor rights and democracy to their people, but none of that **** is profitable short term.

That's the thing which makes the least sense about our economy. Our "rational actors" are rational only up to a couple years' time frame, long-term interests don't seem to exist anymore.
2018-07-05, 12:43 PM #9923


Oh yeah, that's all there. The American healthcare travesty is part of the narrative, for sure. I wonder if Breaking Bad had a part in spreading awareness about how ****ing awful it is.
2018-07-05, 1:07 PM #9924
https://www.uschamber.com/tariffs
2018-07-05, 2:56 PM #9925
http://www.nber.org/papers/w7300.pdf

Quote:
Rather, the ascension of economics results from the fact that our discipline has a rigorous language that allows complicated concepts to be written in relatively simple, abstract terms. The language permits economists to strip away complexity. Complexity may add to the richness of description, but it also prevents the analyst from seeing what is essential.

Our rigorous language can be used in many ways, but over the years, three themes have become fundamental in economics. First, economists assume that individuals engage in maximizing, rational behavior. Second, economics adheres strictly to the importance of equilibrium as part of any theory. Third, economists place a heavy emphasis on a clearly defined concept of efficiency


yikes

is this really how economists see themselves?
2018-07-05, 3:18 PM #9926
Yes
2018-07-05, 4:10 PM #9927
Originally posted by Jon`C:
Yes


No wonder the discipline is the way it is
2018-07-05, 4:30 PM #9928
Originally posted by Reid:
No wonder the discipline is the way it is
You don’t know the half of it. Simply recognizing that greed has a down-side was revolutionary for the field. Not once, but four times that I can think of: Marxism (business cycle), spillover effects (externalities), Keynesianism (business cycle), game theory (externalities).

(Notice how they keep discovering the same thing over and over again? Yeah. Not a typo.)

Economics wasn’t founded to rationally study economies and human cooperation, it exists to give an ex post facto rationalization for the socially destructive demands of the 18th century rich. The entire field is built on a morally bankrupt foundation.
2018-07-06, 2:10 AM #9929
Originally posted by Reid:
Oh yeah, that's all there. The American healthcare travesty is part of the narrative, for sure. I wonder if Breaking Bad had a part in spreading awareness about how ****ing awful it is.


I doubt it. Healthcare has been the *central* goal of the Democratic party for decades (making Healthcare the central goal of the Democratic party is often said to be the legacy of Ted Kennedy). And Americans have known for decades that it is absurd that the "richest country in the world" is an outlier amongst other developed nations, because it leaves so much of its population without affordable healthcare.
former entrepreneur
2018-07-06, 1:08 PM #9930
Originally posted by Jon`C:
You don’t know the half of it. Simply recognizing that greed has a down-side was revolutionary for the field. Not once, but four times that I can think of: Marxism (business cycle), spillover effects (externalities), Keynesianism (business cycle), game theory (externalities).

(Notice how they keep discovering the same thing over and over again? Yeah. Not a typo.)

Economics wasn’t founded to rationally study economies and human cooperation, it exists to give an ex post facto rationalization for the socially destructive demands of the 18th century rich. The entire field is built on a morally bankrupt foundation.


>our model is superior and covers cases good enough
>oh wait maybe the model has some flaws
>oh wait the model's flaws make it totally inadequate
>we can't fix it, let's reinvent the model under another name

it's the cycle of irrationally exuberant scientific endeavors
2018-07-06, 1:08 PM #9931
Originally posted by Eversor:
I doubt it. Healthcare has been the *central* goal of the Democratic party for decades (making Healthcare the central goal of the Democratic party is often said to be the legacy of Ted Kennedy). And Americans have known for decades that it is absurd that the "richest country in the world" is an outlier amongst other developed nations, because it leaves so much of its population without affordable healthcare.


still probably increased awareness to some extent. or maybe not, i don't really know. what i do know is cody johnston rules:

2018-07-06, 1:15 PM #9932
oh, if that guy says it, it must be true
former entrepreneur
2018-07-06, 1:22 PM #9933
Originally posted by Eversor:
oh, if that guy says it, it must be true


HORSESHOES
2018-07-06, 1:24 PM #9934
Originally posted by Reid:
HORSESHOES


dude i know you think you can meme your way through a discussion, but you can't
former entrepreneur
2018-07-06, 1:30 PM #9935
Originally posted by Eversor:
dude i know you think you can meme your way through a discussion, but you can't


this would have impact if you had said anything meaningful at all, but..
2018-07-06, 1:40 PM #9936
about what? the video?
former entrepreneur
2018-07-06, 1:40 PM #9937
Originally posted by Eversor:
about what? the video?


anything at all
2018-07-06, 1:41 PM #9938
Originally posted by Reid:
anything at all


damn homie you really are butthurt
former entrepreneur
2018-07-06, 5:59 PM #9939
http://www.oecd.org/employment/oecd-employment-outlook-19991266.htm

[https://i.imgur.com/hftHKhQ.png]

I like how they express perplexity over why these effects are occurring, then basically answer with the reasons we all know already. People were forced to accept **** jobs because of the recession, employers don't pay millennials for **** and we can't do anything about it, and we all feel perpetually threatened and precarious in our employment. At least they suggest "more inclusive" policy which is codeword for "stop voting Republican", though their stuff about skill is meh: Americans can't all be programmers, yo.
2018-07-06, 6:40 PM #9940
https://www.thestar.com/news/world/2018/06/30/trudeaus-retaliatory-tariffs-aim-to-hit-republicans-where-it-hurts.html

Looks like Trudeau's guiding Canadian tariffs in particular against Republican states. Ooh, I wonder, if we start hitting a period of layoffs in red states, if that could actually sway the perceptions of Trump guys. Probably not.
2018-07-06, 7:12 PM #9941
Originally posted by Reid:
https://www.thestar.com/news/world/2018/06/30/trudeaus-retaliatory-tariffs-aim-to-hit-republicans-where-it-hurts.html

Looks like Trudeau's guiding Canadian tariffs in particular against Republican states. Ooh, I wonder, if we start hitting a period of layoffs in red states, if that could actually sway the perceptions of Trump guys. Probably not.


The Republicans tried but there was only so much they could do about Obama’s tariffs.
2018-07-07, 12:02 AM #9942
[https://i.redd.it/23cohbt21g811.jpg]

Basically.
2018-07-07, 12:09 AM #9943
Originally posted by Jon`C:
The Republicans tried but there was only so much they could do about Obama’s tariffs.


Not sure precisely what you mean.
2018-07-07, 2:57 AM #9944
Originally posted by Reid:
Not sure precisely what you mean.


You know, Obama's trade war. The one he started after squandering the strong economy he inherited from Bush 43.
2018-07-07, 10:21 AM #9945
Originally posted by Reid:
Not sure precisely what you mean.


that's what they'll say
2018-07-07, 7:10 PM #9946
Originally posted by Jon`C:
You know, Obama's trade war. The one he started after squandering the strong economy he inherited from Bush 43.


Oh, yeah, that trade war.
2018-07-07, 7:21 PM #9947


?????????????????????????????????
2018-07-07, 10:36 PM #9948
Originally posted by Reid:


?????????????????????????????????


wrong thread douchebag
Epstein didn't kill himself.
2018-07-07, 10:46 PM #9949
what a ****ing amazing clip
2018-07-07, 10:54 PM #9950
"lay in bed for a month, useless, sleepless, frozen in terror"

How, pray tell, did Dr. Social Conservative know the difference?
2018-07-08, 1:30 AM #9951
Ummm... Dr. Peterson, I'm not sure it was the cider, buddy
2018-07-08, 11:36 AM #9952
OK, this is pretty sick (but not surprising) behavior:

[quote=The New York Times]
A resolution to encourage breast-feeding was expected to be approved quickly and easily by the hundreds of government delegates who gathered this spring in Geneva for the United Nations-affiliated World Health Assembly.

Based on decades of research, the resolution says that mother’s milk is healthiest for children and countries should strive to limit the inaccurate or misleading marketing of breast milk substitutes.

Then the United States delegation, embracing the interests of infant formula manufacturers, upended the deliberations.

American officials sought to water down the resolution by removing language that called on governments to “protect, promote and support breast-feeding” and another passage that called on policymakers to restrict the promotion of food products that many experts say can have deleterious effects on young children.

When that failed, they turned to threats, according to diplomats and government officials who took part in the discussions. Ecuador, which had planned to introduce the measure, was the first to find itself in the cross hairs.

The Americans were blunt: If Ecuador refused to drop the resolution, Washington would unleash punishing trade measures and withdraw crucial military aid. The Ecuadorean government quickly acquiesced.

The showdown over the issue was recounted by more than a dozen participants from several countries, many of whom requested anonymity because they feared retaliation from the United States.

Health advocates scrambled to find another sponsor for the resolution, but at least a dozen countries, most of them poor nations in Africa and Latin America, backed off, citing fears of retaliation, according to officials from Uruguay, Mexico and the United States.

“We were astonished, appalled and also saddened,” said Patti Rundall, the policy director of the British advocacy group Baby Milk Action, who has attended meetings of the assembly, the decision-making body of the World Health Organization, since the late 1980s.

“What happened was tantamount to blackmail, with the U.S. holding the world hostage and trying to overturn nearly 40 years of consensus on best way to protect infant and young child health,” she said.

In the end, the Americans’ efforts were mostly unsuccessful. It was the Russians who ultimately stepped in to introduce the measure — and the Americans did not threaten them.

[...]
[/quote]

https://www.nytimes.com/2018/07/08/health/world-health-breastfeeding-ecuador-trump.html
2018-07-08, 12:07 PM #9953
Reid you haven't mentioned geohell in a while please mention geohell (was that what it was?)
2018-07-08, 12:43 PM #9954
Originally posted by Reverend Jones:


We're America, *****
former entrepreneur
2018-07-08, 1:06 PM #9955
I’m glad there’s a wildly unpopular president, because now Americans are finally learning about their own typical foreign policy actions.

Edit: Wait, no, forget that. It’s Trump. It’s all Trump. It’s totally weird and not at all how everybody else has seen the US for decades. That’s why it’s very important that you vote and rabble-rouse to have this completely strange and inappropriate behaviour end.
2018-07-08, 1:40 PM #9956
Originally posted by Jon`C:
I’m glad there’s a wildly unpopular president, because now Americans are finally learning about their own typical foreign policy actions.

Edit: Wait, no, forget that. It’s Trump. It’s all Trump. It’s totally weird and not at all how everybody else has seen the US for decades. That’s why it’s very important that you vote and rabble-rouse to have this completely strange and inappropriate behaviour end.


Just wait though. Once Trump is out of office things will snap back to "normal" quickly.
former entrepreneur
2018-07-08, 1:59 PM #9957
Originally posted by Reid:


?????????????????????????????????


Is this the guy that does the voice for Kermit???
nope.
2018-07-08, 2:18 PM #9958
no joke, it’s really weird watching Muppets dubbed over with his voice
2018-07-08, 2:29 PM #9959
Originally posted by Eversor:
Just wait though. Once Trump is out of office things will snap back to "normal" quickly.


ikr?

Hysterical anti-Trump r/politics is talking like this is because Trump thinks breast milk is gross and/or a conspiracy to make Russia look good for sponsoring the measure. Instead of it being, well, America being America. The US is a major producer and exporter of modified dairy, soy, and corn syrup. Those industries come before public health domestically, of course they’re going to come first internationally. Always have, always will.

As soon as Trump is out of office, NYT et al will sew shut that veil they pierced and Americans will go back to thinking the world hates them for their freedom or w/e.
2018-07-08, 3:05 PM #9960
lol these fake movie scripts crack me up.

former entrepreneur
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