The Soapbox

Joined: 09/19/2008 Posts: 3846
Likes: 6800

What's this?

And when you're wrong, you're wrong.

There is no economic justification for cutting taxes to reduce inflation and I would challenge you to find any economist who is arguing for that. You also didn't suggest any regulatory changes that you think would help.

I disagree that lefty COVID policies are the primary driver here. First, most of the stimulus payments came under Trump and he argued aggressively for them and for even more. Second, US lefties are not the cause of supply chain issues from China's COVID policies. The domestic supply chain is not the problem here. Finally, I suggested below that the tariffs Trump implemented could be removed to reduce inflation. I wish Biden would go for that, but he's got a protectionist streak and knows the right would howl about his being soft on China.

(In response to this post by Los Angeles Hoo)

Posted: 05/19/2022 at 12:42PM

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Dow 1/21/21 - Close 31,188. Dow this AM - 31,129. -- Hoodafan 05/19/2022 09:35AM

Licking your wounds on your TSLA and Papa John’s stock? ** -- TomGlansAski 05/19/2022 10:45AM

No, he mocked me years ago for recommending TSLA. He’s to stoopid -- WaxHoo 05/19/2022 12:25PM

Excuse me, but his name is Brandon. ** -- DownTownHoo 05/19/2022 10:30AM

Sorry for the HuffPo link, but this is what happens when you raise rates -- WahooMatt05 05/19/2022 10:21AM

What would you like him to do differently? -- CMUHoo 05/19/2022 10:11AM

Cut taxes, spending and regulation -- the same things you'd always do... -- Los Angeles Hoo 05/19/2022 10:28AM

Prime example of Maslow's Law of the Instrument" -- The Grand WazHoo 05/19/2022 4:52PM

In what circumstances, ever, are those not your solutions ** -- WaxHoo 05/19/2022 12:26PM

Pretty much never unless... -- Los Angeles Hoo 05/19/2022 1:11PM

Lol! Yep. That's the ticket. ** -- HoosWillWin 05/19/2022 12:00PM

The Robitussin for intellectually incurious Republican dopes. Worked -- WahooRQ 05/19/2022 10:36AM

Your pat answer for every situation -- CMUHoo 05/19/2022 10:35AM

My “pat answer” to starvation is to eat, just like my… -- Los Angeles Hoo 05/19/2022 12:18PM

And when you're wrong, you're wrong. -- CMUHoo 05/19/2022 12:42PM

Reducing taxes reduces costs which reduces prices. This is elementary... -- Los Angeles Hoo 05/19/2022 1:04PM

I'll take your last question first -- CMUHoo 05/19/2022 2:18PM

Tax cuts don't need to be "paid for". Spending needs to be paid for... -- Los Angeles Hoo 05/19/2022 4:13PM

Not a single one of those COVID rules is government mandated -- CMUHoo 05/19/2022 5:31PM

Not government-mandated?... -- Los Angeles Hoo 05/19/2022 5:51PM

In other words, you’re a vapid political sound byte machine who doesn’t -- WahooRQ 05/19/2022 2:01PM

Apparenty, you love to hear me talk, too, given your frequent responses... -- Los Angeles Hoo 05/19/2022 2:14PM

I do enjoy laughing at your narcissistic bullshit, that is true. You’re -- WahooRQ 05/19/2022 2:57PM

Well, that's something, I guess. ** -- Los Angeles Hoo 05/19/2022 3:16PM

Cutting taxes raises the deficit which is inflationary -- hoodeyo 05/19/2022 1:55PM

No, it does not if spending is cut by the same amount as... -- Los Angeles Hoo 05/19/2022 2:13PM

I don't really view it as a problem that way, -- hoodeyo 05/19/2022 2:20PM

It is absolutely never the case that any one set of solutions -- hoolstoptheheels 05/19/2022 10:55AM

I remember it well. The IMF tried to equate Asian Financial Crisis ... -- Blah 05/19/2022 11:58AM

Not to mention “cutting spending” to these clowns never includes the actual -- WahooRQ 05/19/2022 10:46AM

He has no real understanding of how things work. He sees so many layers of -- 111Balz 05/19/2022 10:43AM

Ahh, just bookmark this post and throw it back in his face whenever -- hoolstoptheheels 05/19/2022 10:22AM

See the baby formula debacle that the free market and capitalism caused -- WahooMatt05 05/19/2022 10:36AM

That's Team Sleepy's job they wanted. I'm just reporting the results. ** -- Hoodafan 05/19/2022 10:16AM

Don’t look now, but we’re about 100 points higher than the 1/21/21 close! -- hoolstoptheheels 05/19/2022 10:23AM

You should inflation-adjust those numbers, in which case... -- Los Angeles Hoo 05/19/2022 10:34AM

You don’t think I’m depressed enough without adjusting for inflation? ** -- hoolstoptheheels 05/19/2022 10:45AM

My apologies, heels. ** -- Los Angeles Hoo 05/19/2022 1:10PM

*** -- Los Angeles Hoo 05/19/2022 1:09PM

31,167. Fake Nooz now! -- Hoodafan 05/19/2022 10:29AM

Curses! Foiled again! -- hoolstoptheheels 05/19/2022 10:47AM

There will be no "I told you sos" when I only join you in celebrating that -- Hoodafan 05/19/2022 10:51AM

Oh no, too late for that. I’m “I told you soing” you! -- hoolstoptheheels 05/19/2022 10:57AM

Fair enough. Besides, where would this board be if not for I told you sos! -- Hoodafan 05/19/2022 11:02AM

And I'm saying that I assign zero blame to Presidents for the stock market -- CMUHoo 05/19/2022 10:20AM

Eh, the president certainly does not... -- Los Angeles Hoo 05/19/2022 10:36AM

It's bizarre people only look at the equity markets to determine ... -- Blah 05/19/2022 10:28AM

Of course there are a lot of factors, some out of a POTUS' control that -- Hoodafan 05/19/2022 10:26AM

And when I see them do something wrong I'll say it -- CMUHoo 05/19/2022 10:31AM

So then, what exactly has Biden done to negatively impact the economy? ** -- 111Balz 05/19/2022 10:29AM

TeLL uS wAt WoOD U DuE ** -- ryno hoo 05/19/2022 10:15AM

I always forget if we’re supposed to use the Election Day or start day. -- fphoo 05/19/2022 10:06AM

Whichever cherry picked date paints the preferred picture. Duh! :-) -- Hoodafan 05/19/2022 10:15AM

I know I expect the President to manage stock market levels. It's -- BocaHoo91 05/19/2022 10:02AM

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Can't wait for Lizzie to tell us all how the "rich" paid 0 taxes in '22. ** -- Hoodafan 05/19/2022 10:05AM

Dow 2/14/20 - Close 29,398. Dow this AM - 31,129. -- Hoodeac 05/19/2022 09:54AM

Not bad considering the circumstances. ** -- SixerHoo 05/19/2022 09:43AM

In the spring/summer of 2020, I remember certain posters claiming ... -- Blah 05/19/2022 09:58AM

Wow. Just wow. But totally not a cult! SMDH. ** -- Hoodafan 05/19/2022 09:51AM

The only wow here is that you pretend not to know that no president’s -- SixerHoo 05/19/2022 10:15AM

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Sure, Black Light Boy. I’m the cultist. Geez. -- SixerHoo 05/19/2022 10:35AM

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Suck on that, Corporate AmeriKKKa!!!** -- ResistHoo 05/19/2022 09:38AM