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Your not alone. A lot of people feel this way. I believe it's based on a misunderstanding about government finances, and in particular the difference between spending on wasting assets, e.g., military hardware, and investment that will return a combination of lower costs later and increased...

Often all that is required is common sense. Apparently not everyone possesses sufficient common sense to safely navigate life without wreaking havoc on themselves or others.. That leads us to do things like write "Caution Hot" on a bag of Microwave popcorn, or "Keep Hands and Feet Clear" on...

CIC ?

Reams have already been written. It is all over the web. This will get you started: https://www.whitehouse.gov/build-back-better/ Here are articles on what the impact of killing the plan would be: go to: https://www.google.com/search?client=firefox-b-1-d&q=Biden%27s+Bild+Back+Better+Plan

Private companies do not want their platforms to be used by would be criminals to incite others to commit criminal acts. Public safety and the statutory laws are the guideposts here. We are generally free to express our opinions, but all freedoms have limitations when the run up against the...

This piece found in in today's Bloomberg happens to agree with my own assessment that killing Biden's build back better plan would be a big mistake and a setback for the U.S. economy going forward. The BBB plan is loaded with economic help for the middle class that would not only help bring the...

It is neither a good nor bad thing, it's an essential thing so long as the economy continues to grow.. Not enough is bad (would eventually cause deflation). Too much is bad ( could eventually cause bond servicing to become too large a proportion of the federal non-discretionary budget -- which...

It is true that the covid payments were temporary, however many of the folks, once they got a taste of 15 per hour, just didn't want to go back to work for 8 or 10 anymore. They held out for higher wages. Remember the complaints from employers that they couldn't find workers. What I think...

The U.S. government does not borrow and has no debt. It prints whatever it spends in excess of its revenues. I don't know much about Illinois, but States, unlike the Federal Government, borrow and have real debt. They can't print money. What would you propose Illinois should do? I too am...

what does that have to do with any of my posts?

Whether you read what I posted won't make a "hill of beans" difference. But if only one person reads carefully what I posted, I truly believe there is good chance they could benefit greatly.

Let's not forget it's spread out over a decade and not necessarily uniformly; thus the subject of my post, which I realize has not had time to sink in. We should not discuss spending only in terms of its dollar total. If we want to be logical we must include in our discussion what's being...

May I call your attention to the word, "inherent." Of course there are practical constraints that arise in the course of any government affairs. But for a government like that of the U.S.A. there is no inherent constraint. And this is why I ended my long post above with this: "We should...

Obviously inflation is a consideration that might cause "...our representatives in government" to impose a contraint on spending. I believe my statement is correct as written. I believe this is profoundly incorrect, though it is commonly believed to be true. To understand why it is incorrect...

Ha ha ha, I wasn't planning on responding to this nice thread, but now you've made we feel obligated. And i don't mind one bit. There is a little misunderstanding, but the fault is all mine. You have obviously been reading my posts, as I read yours and appreciate them. My major point has...

I learned that lesson the old fashioned way.

Never short a market because you think it is too high. Always wait for confirmation.

Depending on the fate of Sleepy Joe's BBB the market could be very strong, in aggregate, for the next several years. Both the infrastructure bill and the BBB are spread out over 5-10 years. It's too little in my opinion, but nevertheless amounts to a big, demand side stimulus spread out over...

I don't agree with this. In my opinion it was Trump that made it political. Look at the makeup of the Board now that Trump made those appointments. The purpose of those appointments was to get himself re-elected, the Country be damned. Everything Trump did , EVERYTHING, was calculated to...

When Trump appointed Powell, I was skeptical, but nor surprised considering that the main criterion for Trump appointees was loyalty. I didn't believe Powell had the right background to lead the Fed. Nothing has changed my mind. But I should not forget he is only one of 5 other Governors --...