Hot Question: With boomer retirements funded by 401(k)s coupled with demographic trends, how strongly will government policy guard against declines? In doing so, what will they fuck up?
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Replying to @generativist
seems pretty clear to me as a non-economist that trump is already propping up the economy w/ untargeted tax cuts to businesses that don’t need them and interest rate reductions... when recession hits eventually, it’ll be harder to smooth it
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Replying to @jeffbigham
💥 (wannabe) Ƀreaker of (the Bad) Loops 💫 Retweeted 💥 (wannabe) Ƀreaker of (the Bad) Loops 💫
Yep. Distributing buffer/slack capacity during a lull in demand...https://twitter.com/generativist/status/1161691379040309248?s=21 …
💥 (wannabe) Ƀreaker of (the Bad) Loops 💫 added,
💥 (wannabe) Ƀreaker of (the Bad) Loops 💫 @generativist
tbh this is a shitpost but barely.
The massive tax cuts and deregulation the @GOP does every fucking time they get in power -- at least since I went through puberty -- *is* effectively a huge dividend paid to a certain class of preferred shareholders. https://twitter.com/generativist/status/1161439624318730240 …
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4:45 PM - 19 Aug 2019
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