yet when Grandpa Joe was in office, everything was fine.
Don't give me that shit. You yourself were impressed with how they were able to thread the needle and avoided both runaway inflation and recession. Granted, that was mostly Powell's doing. At least Biden didn't cause Covid.
imagine blaming Trump for COVID instead of holding the CCP accountable
If you're implying I was blaming Covid on Trump, you misunderstood (and should know better).
Biden didn't cause Covid, but was forced to deal with it when he inherited it.
Trump has caused the Iran war, and is now trying to clean up his own mess.
nobody said Biden caused COVID. His stupid fiscal policies the inflation issues. Many of us were adamant that rounds 2+ of stimulus weren’t needed, but his administration and Dem leadership ignored it.
yet when Grandpa Joe was in office, everything was fine.
Don't give me that shit. You yourself were impressed with how they were able to thread the needle and avoided both runaway inflation and recession. Granted, that was mostly Powell's doing. At least Biden didn't cause Covid.
imagine blaming Trump for COVID instead of holding the CCP accountable
If you're implying I was blaming Covid on Trump, you misunderstood (and should know better).
Biden didn't cause Covid, but was forced to deal with it when he inherited it.
Trump has caused the Iran war, and is now trying to clean up his own mess.
nobody said Biden caused COVID. His stupid fiscal policies the inflation issues. Many of us were adamant that rounds 2+ of stimulus weren’t needed, but his administration and Dem leadership ignored it.
If Trump had his way, he would have pumped out a lot more free cheese then what people got his first time around.
It hasn't even been a year and he was already talking about a possible stimulus from all the tariff money.
And, Mark didn't say Trump caused COVID...but, he has caused Iran War. That's the point.yet when Grandpa Joe was in office, everything was fine.
Don't give me that shit. You yourself were impressed with how they were able to thread the needle and avoided both runaway inflation and recession. Granted, that was mostly Powell's doing. At least Biden didn't cause Covid.
imagine blaming Trump for COVID instead of holding the CCP accountable
If you're implying I was blaming Covid on Trump, you misunderstood (and should know better).
Biden didn't cause Covid, but was forced to deal with it when he inherited it.
Trump has caused the Iran war, and is now trying to clean up his own mess.
nobody said Biden caused COVID. His stupid fiscal policies the inflation issues. Many of us were adamant that rounds 2+ of stimulus weren’t needed, but his administration and Dem leadership ignored it.
.
We should build many reactors quickly. Maybe we will.Something to also bear in mind is that there is going to be an upper limit to AI capability soon based upon power generation.
You remember how everybody had their panties in a wad about how EV's were never going to be able to replace the ICE cars because the power grid couldn't handle the additional load?
For reference, the power needed to support all the EV's on the road today is the same as what 10 AI data centers require. There are currently 4000 AI data centers in this country and there are plans for doubling that amount in the next 5-10 years.
It is coming to the point where you will need the complete output from a single nuclear power plant to operate the larger AI data centers (1 gigawatt).
AI is not going to get to the level that larsIU is talking about until we figure out a way to get a massive boost to our power grid. We're talking 20 to 25 nuclear reactors in every state. That is not happening in the next 30 years.
That problem is already being worked on though. I nearly invested in a nuclear power generation company that puts minireactors in/alongside Data Centers to alleviate the grid problem.
The race to build new nuclear reactors — fast (with AI's help)
Consumer Spending, Engine of the U.S. Economy, Is Under Strain - The New York Times
Consumer prices jumped 0.9% in March as Iran war sent gas prices soaring
First the tariffs and then the war.
That Trump. He sure knows how to f**k things up.
Gas prices hit $4.15/gal average nationwide for regular unleaded. And signs are it will continue to rise. Paid over 5 bucks per gallon (premium) here in AZ today. This is very much ungood.Consumer Spending, Engine of the U.S. Economy, Is Under Strain - The New York Times
Consumer prices jumped 0.9% in March as Iran war sent gas prices soaring
First the tariffs and then the war.
That Trump. He sure knows how to f**k things up.
Inflation follows. CPI inflation soars by most since 2022 as gas prices rise
Hope it's temporary. Trump team dismisses hot inflation print, promising energy shocks will 'very, very quickly go away'
Consumer Spending, Engine of the U.S. Economy, Is Under Strain - The New York Times
Consumer prices jumped 0.9% in March as Iran war sent gas prices soaring
First the tariffs and then the war.
That Trump. He sure knows how to f**k things up.
Gas prices hit $4.15/gal average nationwide for regular unleaded. And signs are it will continue to rise. Paid over 5 bucks per gallon (premium) here in AZ today. This is very much ungood.Consumer Spending, Engine of the U.S. Economy, Is Under Strain - The New York Times
Consumer prices jumped 0.9% in March as Iran war sent gas prices soaring
First the tariffs and then the war.
That Trump. He sure knows how to f**k things up.
Inflation follows. CPI inflation soars by most since 2022 as gas prices rise
Hope it's temporary. Trump team dismisses hot inflation print, promising energy shocks will 'very, very quickly go away'
Yes, and even higher prices for diesel used by trucks and farm equipment. That will, in turn, drive up the price of produce and other goods that require distant transport. I read an economic report this morning suggesting that there will be lag in price increases on some of these items, not occurring until late Spring and Summer. And that's if the strait were to reopen today. If there's further delay, the price increases will be felt for an even longer period.
The Strait wasn't an issue 6 weeks ago. Trump created that problem and it's impacting the global economy including ours. From a strategic standpoint, it was a gift to the Iranian regime and a huge source of leverage for them. It's stunning that he apparently did not see that coming. Sheer incompetence.
What I think happened is that some in his inner circle convinced him that this war would cement his legacy as bold, decisive and the savior of Israel and the Middle East. He was probably giddy at the tactical prospects (and this has obviously been, militarily, an enormous success for the United States and Israel), but without serious deliberation as to long-term strategy and the endgame.
https://twitter.com/i/status/2054180721695088855
https://twitter.com/i/status/2054199235688759385
https://twitter.com/i/status/2054180721695088855
This is all Trump-induced.
The party will pay bigly for his incompetence come November. Dems will gain control of the House, and Kalshi now has the Dems at even money on taking over the Senate.
Dems will gain control of the House, and Kalshi now has the Dems at even money on taking over the Senate.
How will they fix it? Serious question. We're $39t in debt and the dollar is fading. We can't spend our way out of this. Unless inflation falls to 2% no sane person is cutting rates. AI is putting people on the streets (if not outside of the software world yet, will be soon).
Printing money just keeps inflation high. High inflation means we don't cut rates. Unemployment will grow. But we can't stim the economy b/c inflation is high b/c we're printing money.
Imma grow trees in Africa. You all have a good time.
software world yet, will be soon).
Since it hasn't come up here, IU laid off 13 or so tech support because it was being turned over to AI.
I suspect Dr offices will turn billing over to AI soon. It should be able to navigate insurance pretty well.
Dems will gain control of the House, and Kalshi now has the Dems at even money on taking over the Senate.
How will they fix it? Serious question. We're $39t in debt and the dollar is fading. We can't spend our way out of this. Unless inflation falls to 2% no sane person is cutting rates. AI is putting people on the streets (if not outside of the software world yet, will be soon).
Printing money just keeps inflation high. High inflation means we don't cut rates. Unemployment will grow. But we can't stim the economy b/c inflation is high b/c we're printing money.
Imma grow trees in Africa. You all have a good time.
They'll fix it by printing money. And they can do it. No need to move to Africa. Just own scarce assets and get wealthy. I know a really good one.
Just own scarce assets and get wealthy. I know a really good one.
But one should buy into a ponsei scheme early, not late.