mjgraves.bsky.social
Techy into home automation, music & video production, scifi, amateur economist, father of canines, certified wino. Early into/out of Twitter. Blogs at https://www.mgraves.org/
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164 following
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I do believe it's unwise to think that anything will stabilize as long as Trump is in office. Chaos is his preferred environment. Planning not his game at all.
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If Tim went full Joseph Goebbels
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He has no "friends in Canada."
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He's like a Nazi Tim Minchin
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Afraid not. It's quite a common name.
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The collapse of federal spending is contractionary monetary policy. It virtually ensures recession. Clinton swung hard to the middle. He was effectively conservative. Consider his welfare and communications reforms.
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1880-1893: U. S. Federal Debt reduced 57%. Depression began 1893.
1920-1930: U. S. Federal Debt reduced 36%. Depression began 1929.
1997-2001: U. S. Federal Debt reduced 15%. Recession began 2001.
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1823-1836: U. S. Federal Debt reduced 99%. Depression began 1837.
1852-1857: U. S. Federal Debt reduced 59%. Depression began 1857.
1867-1873: U. S. Federal Debt reduced 27%. Depression began 1873.
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True. But realize that every time the US acted to reduce of eliminate the deficit it resultednin a recession or depression.
1804-1812: U. S. Federal Debt reduced 48%. Depression began 1807.
1817-1821: U. S. Federal Debt reduced 29%. Depression began 1819.
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Favorite sign so far