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WTF happened to the WTF happened to the WTF happened with Trump today thread?

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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1035 on: January 16, 2024, 07:49:18 PM »
Quote from: Judge Judy on January 16, 2024, 06:53:41 PM
More so than the banks…

Bailing out the banks at least had *some* useful purpose.
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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1036 on: January 16, 2024, 09:32:22 PM »
Quote from: murphstahoe on January 16, 2024, 07:49:18 PM
Bailing out the banks at least had *some* useful purpose.

The last time all the banks failed, WWII started. The last time Iowa farms failed, there was a concert in Champaign.
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Judge Judy

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1037 on: January 16, 2024, 09:40:39 PM »
Quote from: ThePAMan on January 16, 2024, 09:32:22 PM
The last time all the banks failed, WWII started. The last time Iowa farms failed, there was a concert in Champaign.

Good point.
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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1038 on: January 16, 2024, 09:42:50 PM »
Quote from: Judge Judy on January 16, 2024, 09:40:39 PM
Good point.

Thank you. I feel like I deserve a cigar for that one.
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Judge Judy

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1039 on: January 16, 2024, 09:47:43 PM »
Quote from: ThePAMan on January 16, 2024, 09:42:50 PM
Thank you. I feel like I deserve a cigar for that one.


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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1040 on: January 16, 2024, 09:56:14 PM »
Quote from: Judge Judy on January 16, 2024, 09:47:43 PM



I don't get completely what is going on there, but I remember that my mom liked to watch that show.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1041 on: January 16, 2024, 10:20:03 PM »
Subsidies for farms really aren’t to keep farms from failing. Other, bigger farms would simply gobble them up until huge corporate farms the left hates controlled everything. The subsidies are to drive cropping behavior and help ensure a cheap and adequate food supply and because that’s as important as national defense. They have also helped keep thousands of small family farms afloat during tough times. There does need to be some reform of direct payments. Yes murph, food is too cheap here.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1042 on: January 16, 2024, 10:23:58 PM »
Quote from: ThePAMan on January 16, 2024, 01:36:20 PM
I don't believe this has actually happened though this time around.

Printing money plus pent up demand created an economy so red hot they had to pull the E brake. We’ve purposely slowed our economy for the better part of two years now. I’m not sure we need millions more workers because it’s going to have a correction at some point. Murph’s histrionics about overpriced goods due to securing our border are wildly exaggerated.
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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1043 on: January 17, 2024, 01:35:39 AM »
Quote from: Custard on January 16, 2024, 10:20:03 PM
Subsidies for farms really aren’t to keep farms from failing. Other, bigger farms would simply gobble them up until huge corporate farms the left hates controlled everything. The subsidies are to drive cropping behavior and help ensure a cheap and adequate food supply and because that’s as important as national defense. They have also helped keep thousands of small family farms afloat during tough times. There does need to be some reform of direct payments. Yes murph, food is too cheap here.

Cool story bro. 40% of the corn crop in the US is used for ethanol. Now I know Jobu and Judge Judy can put down some serious liquor but really, that's not food.

This before we get into whether or not HFCS is food.
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murphstahoe

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1044 on: January 17, 2024, 01:37:04 AM »
Quote from: Custard on January 16, 2024, 10:23:58 PM
Printing money plus pent up demand created an economy so red hot they had to pull the E brake. We’ve purposely slowed our economy for the better part of two years now. I’m not sure we need millions more workers because it’s going to have a correction at some point. Murph’s histrionics about overpriced goods due to securing our border are wildly exaggerated.

Indeed. People were just waiting for the pandemic to end so they could go eat 50 eggs and drive up the prices.

Pent up demand for groceries. That's a good one.
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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1045 on: January 17, 2024, 07:41:47 AM »
Quote from: murphstahoe on January 17, 2024, 01:37:04 AM
Indeed. People were just waiting for the pandemic to end so they could go eat 50 eggs and drive up the prices.

Pent up demand for groceries. That's a good one.

And the pent up demand for canned Coke still continues unabated, apparently.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1046 on: January 17, 2024, 07:48:23 AM »
Quote from: murphstahoe on January 17, 2024, 01:35:39 AM
Cool story bro. 40% of the corn crop in the US is used for ethanol. Now I know Jobu and Judge Judy can put down some serious liquor but really, that's not food.

This before we get into whether or not HFCS is food.

I specifically left out ethanol because it’s a by-product of the original intent of the programs. Farmers raised too much corn and needed a market. Government wanted to sell clean renewable energy to the American people. Voila, ethanol initiatives. Was a match made in heaven, until we factor in environmental degradation due to monocropping corn which is a very high imput crop. And people wonder why I’m skeptical of the current state of renewable energy standards and subsidies. A lot of it is bullshit, do your homework and be careful what you wish for because there’s no free renewable lunch.
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ThePAMan

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1047 on: January 17, 2024, 07:54:18 AM »
This is all obscuring the point that they are fine with welfare that personally benefits them as opposed to benefitting  others.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1048 on: January 17, 2024, 08:08:36 AM »
Quote from: murphstahoe on January 17, 2024, 01:37:04 AM
Indeed. People were just waiting for the pandemic to end so they could go eat 50 eggs and drive up the prices.

Pent up demand for groceries. That's a good one.

Thanks! It is a good one.

Guess what was open and full of people in 2022 and 2023 that weren’t open and full of people in much of 2020 and 2021?

Restaurants. Cruise ships. Hotels. Resorts. Ball parks. Churches. Business centers. Malls. Holiday parties.  Neighborhood get-togethers. Real estate open houses. Culinary tours. Music venues. Etc etc.

All of which crank up demand for food commodities. People consume more food at restaurants and on cruise ships than they do at home. Food waste is also higher. Higher demand equals higher prices and price inflation.

Plus more people had more money to keep spending on overpriced food (and other consumables) thanks to the government printing so much of it during the pandemic. Which is why we had to crank interest rates and try to slow everything down because it was overheated.

Apparently a passing grade in Econ 101 isn’t a prerequisite to get a job at Nvidia.
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Custard

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Re: WTF happened to the WTF happened to the WTF happened with Trump today thread?
« Reply #1049 on: January 17, 2024, 08:14:36 AM »
Quote from: ThePAMan on January 17, 2024, 07:54:18 AM
This is all obscuring the point that they are fine with welfare that personally benefits them as opposed to benefitting  others.

Was that ever actually the point? I thought this got started because we were debating banks vs farms failing and getting bailouts, not personal feelings about welfare.

You talk with a lot of farmers?
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