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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (118288)4/16/2019 8:35:13 PM
From: Wharf Rat  Read Replies (1) | Respond to of 354893
 
"There is only 4% unemployment and so you think things are peachy keen-"
That's what "science" tells us.

Natural Rate of Unemployment: Definition, Trends - The Balance

The natural rate of unemployment is a combination of frictional, structural, and surplus unemployment. Even a healthy economy will have this level of unemployment because workers are always coming and going, looking for better jobs. This jobless status, until they find that new job, is the natural rate of unemployment.

The Federal Reserve estimates this rate to be between 4.5 percent and 5 percent. Both fiscal and monetary policymakers use that rate as the goal of full employment. They use 2 percent as the target inflation rate. They also consider the ideal gross domestic product growth rate to be between 2 percent and 3 percent. They must try to balance these three goals when setting interest rates. The Fed encourages Congress to consider all three goals when setting tax rates or spending levels.

thebalance.com
.
==
"Are you aware of the pandemic homeless problem "
Are you aware of the problem in Sweden? England? France and Germany?
en.wikipedia.org

==

"If FDR were alive he would embrace the New Green Deal!! "
No, he wouldn't. He would embrace a realistic climate plan, however.



To: koan who wrote (118288)4/16/2019 8:58:18 PM
From: i-node  Read Replies (1) | Respond to of 354893
 
>> Since the trump tax cut twice as many corporations are not paying any taxes!

This is not an analytical end-point, even if true. And the truth is that anyone making such a statement is either trying to mislead or too ignorant to understand how corporate income taxes work.

>>Or the fact the 10% of the super rich have more money than the bottom 90% of the people?

You think 10% are "super rich?"

>> If FDR were alive he would embrace the New Green Deal!!

I hesitate to use the word lie, and tend to think it is more of your ignorance. But there is no way in hell FDR would support GND.

In face, he would not support SS today because it has turned into a fiscal disaster and by his own metrics, a FAILURE.