The Thread for Democratic Socialists/AOC watch with 24/7 AOC updates

[sys]

people voted for this piece of crap.

New legislation on "price gouging" just dropped #econtwitter. Summary: fight inflation by making price increases illegal (Bonus: implement a strong Robinson-Patman like ban on price discrimination by large firms). 1/8https://t.co/SQb1exbF8o

— Chris Conlon (@conlon_chris) May 12, 2022

[Kat Kid]

I also don’t like Liz warren sys.

[steve dave]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

[sys]

I also don’t like Liz warren sys.

somehow they tricked feinstein into cosponsoring this trash too.  an embarrassment for californians and moderates alike.

[steve dave]

sys, one of my favorite sys things is your bespoke source posting. if joe weisenthal or some crap posted something you for sure would spend time getting a better less macro source.

[Kat Kid]

I also don’t like Liz warren sys.

somehow they tricked feinstein into cosponsoring this trash too.  an embarrassment for californians and moderates alike.

Feinstein is barely sentient.

[sys]

hopefully that's all it is.

[michigancat]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

Would be amazing. I'm always blown away that like Senators and Treasury secretaries agree to talk to those goofballs

[michigancat]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

Would be amazing. I'm always blown away that like Senators and Treasury secretaries agree to talk to those goofballs

My former neighbor Ro Khanna is a good guest

[michigancat]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

Would be amazing. I'm always blown away that like Senators and Treasury secretaries agree to talk to those goofballs

My former neighbor Ro Khanna is a good guest

He and Kernen were just planning their presidential ticket

[steve dave]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

Would be amazing. I'm always blown away that like Senators and Treasury secretaries agree to talk to those goofballs

My former neighbor Ro Khanna is a good guest

He and Kernen were just planning their presidential ticket

joe said he could secure the MAGA vote, lmao

[michigancat]

when she comes on squawk box kernan gets so rough ridin' horny to dunk on her and HE SHOULD because it's so easy and soy boy andy get's lmao flustered. it's incredibly car wreck tv. obviously they don't let santelli be on the air within an hour block of it because of the slurs or whatever. but you can imagine if they did.

Would be amazing. I'm always blown away that like Senators and Treasury secretaries agree to talk to those goofballs

My former neighbor Ro Khanna is a good guest

He and Kernen were just planning their presidential ticket

joe said he could secure the MAGA vote, lmao

this is exactly the type of content that I'm willing to watch millions of shark tank and oat milk ads to get

[MakeItRain]

people voted for this piece of crap.

New legislation on "price gouging" just dropped #econtwitter. Summary: fight inflation by making price increases illegal (Bonus: implement a strong Robinson-Patman like ban on price discrimination by large firms). 1/8https://t.co/SQb1exbF8o

— Chris Conlon (@conlon_chris) May 12, 2022

That's awesome, of course it didn't stand a shot but glad someone is doing something to try to stop corporate greed from contouring our ruin. We won't enforce actual laws on that books like Robinson-Patman, gotta to something.  In that chain Conlon points out that Kroger has -2% gross income growth but even with that they still have a 20% gross profit margin for 2022.

[sys]

good grief, mir.

[MakeItRain]

good grief, mir.

good grief, what

[sys]

price controls have a pretty long record of failure.

[MakeItRain]

price controls have a pretty long record of failure.

So we should do nothing? The amount of profit that large corporations are racking up on the backs of smaller businesses and a shrinking middle class is tantamount to price fixing. I know you're a proud and devoted capitalist but our not only lack of regulating corporate America, but tilting the scales for them is hardly the model of capitalism this country was founded on. What's the fix, sys?

[sys]

The amount of profit that large corporations are racking up on the backs of smaller businesses and a shrinking middle class is tantamount to price fixing.

no it's not.

What's the fix, sys?

i don't know what specific problem you want to fix.  if you mean inflation generally, it's bringing supply and demand into balance.  increasing supply is less painful than reducing demand so things like price controls, which tend to freeze or reduce supply make the problem worse.

[sys]

economies also bow before horseshoe theory.

https://t.co/Y2uadO99ac pic.twitter.com/EB9tmaibNs

— Mark Carney Stan Club (@FuzzySkeptic) May 16, 2022

[Kat Kid]

The study excludes Lula in Brazil and Allende in Chile for left wing. They also somehow don’t include China. Just seems like the study is about how to define populist.


Sent from my iPhone using Tapatalk Pro

[sys]

china is many things, but it's nothing at all like populist.  agree that excluding lula seems like cherry-picking the data.  don't know enough about allende to comment.

[sys]

i can't read the whole thing because of yggy's greedy paywall, but the free part is pretty long and pretty good.

I tried to understand what "New Right" guru Curtis Yarvin actually thinks about contemporary public policy debates, and one of his big ideas seems to be resurrecting wooly 90s leftist protectionist ideas at the worst possible time. https://t.co/aOx0aJwwYY pic.twitter.com/XwYr3UOh6J

— Matthew Yglesias (@mattyglesias) May 16, 2022

[Kat Kid]

china is many things, but it's nothing at all like populist.  agree that excluding lula seems like cherry-picking the data.  don't know enough about allende to comment.

Was Mao a populist?

[sys]

i'd have to read some history to render a verdict, but i don't think it's terribly necessary to the judgement that from at least deng on, china has not been populist.

[Kat Kid]

i'd have to read some history to render a verdict, but i don't think it's terribly necessary to the judgement that from at least deng on, china has not been populist.

Ton of gdp growth under mao too.