I used to be disgusted, and now I try to be amused.

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

Why is it that the immigrants who drive the lyfts (Hi David Brooks!) I order around the expensive city of Boston seem to be able to figure out how to make it work, get their kids educated, and build a life here but your imagined white dude hanging out on a Main Street in Hokum, PA needs his credit cards cancelled?

Seems like we really need more immigration, maybe more to Hokum so they can show the dude how its done.

Dollars paid for rents have no multiplier. The kids with loans cancelled will spend, and invest in businesses. Better multiplier. Recall, we've a 66% consumer economy.

[sebastian_dangerfield]

"Fake News" (n.) - Fake news

[Pretty Little Flower]

Originally Posted by sebastian_dangerfield

"Fake News" (n.) - Fake news

It is refreshingly straightforward. Here, for your Thanksgiving listening pleasure is a peppy, horn-driven funk blast that can be enjoyed by the whole family or by you alone, hiding in the bathroom with a gin & tonic and with the earbud wires dangling from the iPhone that you stare at relentlessly as if it will somehow produce some of the answers you desperately seek. The Nite-Liters with K-Jee:

https://www.youtube.com/watch?v=AtBjTdiFsiY

[Hank Chinaski]

Originally Posted by Pretty Little Flower

It is refreshingly straightforward. Here, for your Thanksgiving listening pleasure is a peppy, horn-driven funk blast that can be enjoyed by the whole family or by you alone, hiding in the bathroom with a gin & tonic and with the earbud wires dangling from the iPhone that you stare at relentlessly as if it will somehow produce some of the answers you desperately seek. The Nite-Liters with K-Jee:

https://www.youtube.com/watch?v=AtBjTdiFsiY

I believe I've mainstreamed here. I now agree with GGG on politics. I now drink G&Ts after previously saying never.

But let me promise you this, I still think Fringey is the hottest of the FBs, Fringey has always been the hottest of the FBs. I am not changing.

[Greedy,Greedy,Greedy]

Originally Posted by Hank Chinaski

I believe I've mainstreamed here. I now agree with GGG on politics. I now drink G&Ts after previously saying never.

But let me promise you this, I still think Fringey is the hottest of the FBs, Fringey has always been the hottest of the FBs. I am not changing.

Hank and I are just a couple of kids from the lower middle class who grew up to be part of the global elite.

[sebastian_dangerfield]

https://www.ineteconomics.org/perspe...social-science

[Adder]

Originally Posted by sebastian_dangerfield

https://www.ineteconomics.org/perspe...social-science

On target, except not really dealing with the extent to which advocates for austerity were breaking from economic analysis to advance pre-existing political objectives. And to the extent that it asserts that Trumpism is "new."

This is the same old 20th century unrest that gave rise to the modern social welfare state as a means to stave it off.

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

Hank and I are just a couple of kids from the lower middle class who grew up to be part of the global elite.

As I know this may be of some importance to you both, if you thought the 12 was too much carmel, Macallan's new Double Cask might be right up your alley. The sweetness is perfectly cut.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

As I know this may be of some importance to you both, if you thought the 12 was too much carmel, Macallan's new Double Cask might be right up your alley. The sweetness is perfectly cut.

Gonna need a lot of this stuff.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

Dollars paid for rents have no multiplier. The kids with loans cancelled will spend, and invest in businesses. Better multiplier. Recall, we've a 66% consumer economy.

Nice pivot from imagined white dude in Hokum having credit cards cancelled to the kids with loans. I was thinking the credit cards you were cancelling would mostly be invested in Bud.

There are great arguments for bringing down education costs, forgiving loans, generally making it a priority for investment. Avoids another lost generation among the lumpen-bourgeoisie.

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

Nice pivot from imagined white dude in Hokum having credit cards cancelled to the kids with loans. I was thinking the credit cards you were cancelling would mostly be invested in Bud.

There are great arguments for bringing down education costs, forgiving loans, generally making it a priority for investment. Avoids another lost generation among the lumpen-bourgeoisie.

They are. Student debt forgiven for the kids, credit cards forgiven for the doublewide demographic. Both have much better multipliers and social benefits than payments to rentiers.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

They are. Student debt forgiven for the kids, credit cards forgiven for the doublewide demographic. Both have much better multipliers and social benefits than payments to rentiers.

Well, this gave me a good laugh.

You think there is a multiplier to a dead-ender with an opiate problem hanging out in a double wide but not an immigrant trying to build a life for his or her family in the city?

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

Well, this gave me a good laugh.

You think there is a multiplier to a dead-ender with an opiate problem hanging out in a double wide but not an immigrant trying to build a life for his or her family in the city?

I was comparing the multiplier of rent payments to consumer spending and business investment. How you shoehorned immigration into the conversation I'm unsure.

But since you did, obviously, no sane person would argue debt forgiveness for oxy addicts is better for the economy than liberal immigration. If you're looking for someone to argue immigration with, I'm not your man. We're in agreement on that issue.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

I was comparing the multiplier of rent payments to consumer spending and business investment. How you shoehorned immigration into the conversation I'm unsure.

But since you did, obviously, no sane person would argue debt forgiveness for oxy addicts is better for the economy than liberal immigration. If you're looking for someone to argue immigration with, I'm not your man. We're in agreement on that issue.

The question I started with was how it was that the disgruntled white dude in low-cost Hokum, PA needed his credit card cancelled while the immigrant lyft driver in expensive Boston was getting by and building a life for his or her family.

That was the question I started with, you tried to respond first by pivoting to students and then by pivoting to some thoughts about discharging the Hokum dude's loans would have a better multiplier than helping some rentier (who I assume was my immigrant, though why I don't know).

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

The question I started with was how it was that the disgruntled white dude in low-cost Hokum, PA needed his credit card cancelled while the immigrant lyft driver in expensive Boston was getting by and building a life for his or her family.

That was the question I started with, you tried to respond first by pivoting to students and then by pivoting to some thoughts about discharging the Hokum dude's loans would have a better multiplier than helping some rentier (who I assume was my immigrant, though why I don't know).

The immigrant's probably carrying debt that holds him back as well. I didn't propose a cancellation of debt for only non-immigrants. I proposed an across the board cancellation. How did you conclude otherwise?

I didn't pivot to shit. I tried to offer something constructive. Why are immigrants building lives in urban areas while oxy addicts in WV not doing so? That's simple. They're hungry and ambitious. All the more reason to let them come in and improve the country.

But that doesn't speak to the issue that preceded your initial post cited above, which was a discussion of the merits of guaranteed income vs. debt forgiveness.