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Christine (FL)'s avatar

I like our odds.

Especially after seeing the media spin itself in a knot to make it appear at the dump rally that the stadium was filled with Nazi Q salutes instead of 100 or so people squished together to get a “good shot”.

My point is the bullsh*t veneer is pretty dang thin.

My conversations with every kind of voter out there tell me nothing different.

I will tell you that each end of the voter spectrum appear energized the most. Young people and their elders at the other end. The only slice of the pie that transverses that millenial group, the “busy, distracted, it’s not as bad as you say” group, are WOMEN. In my own poll, my guesstimate is at least 80% will vote for whoever is standing up for women’s rights. And it won’t be pathetic Repubs who have scrubbed their political sites of nonsense. One can’t walk back that sh*t.

So I say again, every minute-hour-day-week….

Unita! 🗽💜

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GarySanDiego's avatar

I had forgotten Eisenhower’s disservice to Marshall. That, combined with Eisenhower's dislike of the Brown v. Board of Education decision, certainly pushes back the devolution of the Republican Party from 1968 (Nixon) or 1964 (Goldwater), where most people seem to mark the beginning of the end of the GOP’s honor.

The Fed will push interest rates up until there is a recession. As a practical matter, it is the only way the Fed knows that they have effectively taken away the punch bowl. The problem, of course, is that the current inflationary pressures are not the result of the traditional business cycle or of a finance driven bubble in asset values. There is both pent-up demand and pent-up savings which resulted from the pandemic, and excessively low corporate tax rates from the Trump tax bill has left a large segment of the economy with more funds than they know what to do with. Increased interest rates will not eat away at these savings and cash hordes. Increased interest rates will not induce the Chinese to bring their economy out of lockdown and resume producing desired goods. Increased interest rates will not make Putin withdraw from Ukraine and re-open the spigot for oil and gas and to Europe. What increased interest rates will do is shut down the real estate market, and the development of new single family residences, thus causing rents to rise as people bid up the cost of apartments because they can’t find a house to buy. I know I am sticking my neck out, but I think a very good argument can be made that in this particular economic situation, increasing the price of money (aka interest rates) may actually be inflationary. The question is whether such effect will be felt before the second Tuesday in November?

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