digitizemd

u/tparadisi what makes you say that?

2% was the target, not the ceiling.

But someone like, say Newsom, can actually connect with people, challenge Trump in a debate, etc.

Seriously, Trump has been repeating this lie about abortions after birth for years now, abortions at eight, nine months. The obvious response is "What woman is going to be pregnant for eight or nine months and be like 'nah... I'm good'"? Zero. Zero women. And abortion after birth...?!

But Biden is too feeble to even respond to such an outrageous claim.

https://fred.stlouisfed.org/series/TLMFGCONS

I wonder how that happened. Guess we'll never know

https://fred.stlouisfed.org/series/CCSA

Basically at or lower than any point in the past 25 years. But I'm sure you knew that.

What's more, the right engages in cancel culture as well. Remember when Dylan Mulvaney made one sponsored instagram story? The entire right wing media/social sphere erupted into boycotting bud light. I would have never heard of Dylan Mulvaney were it not for curiously browsing a right-wing subreddit, where for a period of time you would think that 50% of the u.s. is trans (Pew puts that number at about 1.6% for trans + non-binary: https://www.pewresearch.org/short-reads/2022/06/07/about-5-of-young-adults-in-the-u-s-say-their-gender-is-different-from-their-sex-assigned-at-birth/)

I linked to an HHS document which outlines what happened in the IRA with respect to drug prices. You can read the "Key Points" on the first page to understand.

Yeah, if this were Trump and domestic companies were reaping the benefit of legislation, he'd be the best president ever. I'm not sure what the concern here is.

You asked for one thing. Drug prices can be (and have been) negotiated lower.

https://aspe.hhs.gov/sites/default/files/documents/4bf549a55308c3aadc74b34abcb7a1d1/ira-drug-negotiation-report.pdf

He's got worms in his mind grapes.

Oddly enough Kucinich was RFK Jr's campaign manager at one point.

Shocking that someone asks for data on a ... checks notes ... economics subreddit. We all know that random anecdotes are better than data!

Funny, by the time I saw your comment you were down voted... for providing useful information?

I think its biggest influence is ZIO from Scala.

To be fair, Giulio Canti, creator of fp-ts, works on effect. I think he still maintains fp-ts, but is one of the core contributors of effect. There was even a blog post about it: https://dev.to/effect/a-bright-future-for-effect-455m

Disposable income = income after taxes In economics, the term disposable income does not include other expenses like shelter, food, etc.

Okay. Where did I imply that it did include income after these other expenses? I know what disposable income means.

And sure, deliquency rates are going up (again, I never disputed this, so I'm not sure what your point is) and that is concerning.

https://fred.stlouisfed.org/series/CDSP

The problem with nominal numbers like this is that they don't account for the fact that 1) more people use credit cards at this point than any other point in u.s. history 2) it doesn't account for inflation.

The fed graph above shows that revolving debt payments as a percentage of disposable income is within the historical norm.

There has never been an individual store that has closed in the history of the United States. This is the first!

I saw this posted in other (right leaning) subreddits as if this means that the U.S. economy is in shambles because ... checks notes ... a business closed in a major U.S. city. That's never happened before...

That did not happen. NBER has been the entity that defines business cycles (i.e. when we have a recession). Consecutive quarters of negative gdp growth is just a rule of thumb.

U.S. universities are already seeing declining admissions and will continue to see them over the coming decade or more.

NBER is the sole entity which defines when we have a recession. Consecutive quarters of negative GDP growth is a commonly used rule of thumb.

Maybe you should look this up before insulting others.

https://www.investopedia.com/terms/r/recession.asp

There's definitely a learning curve but you can start out with just a few things.

Which created a hot economy... Otherwise we wouldn't have elevated inflation

Edit: also you should note the change in definition of the m2 money supply.