LaxPower Back-Up Stick

Peter Brown wrote: ↑Tue Sep 01, 2020 5:32 pm In news sure to shock absolutely no one, New Yorkers Flee for Florida and Texas as Mobility Surges:

https://www.bloomberg.com/news/articles ... ity-surges

I don't get it; a fan and other Dems here keep telling me all is fine in high tax, high crime states...that all we need are more taxes. Why are people voting with their feet? Is it unfair?

a fan wrote: ↑Tue Sep 01, 2020 5:43 pm

Peter Brown wrote: ↑Tue Sep 01, 2020 5:32 pm In news sure to shock absolutely no one, New Yorkers Flee for Florida and Texas as Mobility Surges:

https://www.bloomberg.com/news/articles ... ity-surges

I don't get it; a fan and other Dems here keep telling me all is fine in high tax, high crime states...that all we need are more taxes. Why are people voting with their feet? Is it unfair?

You "forgot" to read the entire piece.

People are also leaving Kansas and North Dakota in droves.

And the most moved to State? Vermont. Liberal haven....somewhat high taxes.

So much for your theory.

(pssst. It has nothing to do with taxes, and everything to do with property values and unemployment, Pete. And what happens when housing demand exceeds supply, Pete? So what does that tell you about NYC?)

Peter Brown wrote: ↑Tue Sep 01, 2020 5:45 pm

a fan wrote: ↑Tue Sep 01, 2020 5:43 pm

Peter Brown wrote: ↑Tue Sep 01, 2020 5:32 pm In news sure to shock absolutely no one, New Yorkers Flee for Florida and Texas as Mobility Surges:

https://www.bloomberg.com/news/articles ... ity-surges

I don't get it; a fan and other Dems here keep telling me all is fine in high tax, high crime states...that all we need are more taxes. Why are people voting with their feet? Is it unfair?

You "forgot" to read the entire piece.

People are also leaving Kansas and North Dakota in droves.

And the most moved to State? Vermont. Liberal haven....somewhat high taxes.

So much for your theory.

(pssst. It has nothing to do with taxes, and everything to do with property values and unemployment, Pete. And what happens when housing demand exceeds supply, Pete? So what does that tell you about NYC?)

"the MOST moved to Vermont"...

You may want to revise that descriptive. Perhaps you meant the 'highest PERCENTAGE in versus out'. The actual numbers both ways are tiny.

a fan wrote: ↑Tue Sep 01, 2020 6:17 pm

Peter Brown wrote: ↑Tue Sep 01, 2020 5:45 pm

a fan wrote: ↑Tue Sep 01, 2020 5:43 pm

Peter Brown wrote: ↑Tue Sep 01, 2020 5:32 pm In news sure to shock absolutely no one, New Yorkers Flee for Florida and Texas as Mobility Surges:

https://www.bloomberg.com/news/articles ... ity-surges

I don't get it; a fan and other Dems here keep telling me all is fine in high tax, high crime states...that all we need are more taxes. Why are people voting with their feet? Is it unfair?

You "forgot" to read the entire piece.

People are also leaving Kansas and North Dakota in droves.

And the most moved to State? Vermont. Liberal haven....somewhat high taxes.

So much for your theory.

(pssst. It has nothing to do with taxes, and everything to do with property values and unemployment, Pete. And what happens when housing demand exceeds supply, Pete? So what does that tell you about NYC?)

"the MOST moved to Vermont"...

You may want to revise that descriptive. Perhaps you meant the 'highest PERCENTAGE in versus out'. The actual numbers both ways are tiny.

There's nothing to revise.

People move for all kinds of reasons. Job, quality of life, quality of schools...millions of reasons.

Some people would live nowhere else than a large city...some would live nowhere else than the mountains in Colorado, miles from the nearest town.

You DESPERATELY want to put everything in a neat little R's & D"s box. So you spend half your time on this forum trying to fit square pegs into round wholes so that the whole world fits with this silly view of yours. It's counterproductive....and wrong.

Peter Brown wrote: ↑Tue Sep 01, 2020 7:30 pm Shouldn’t we just ‘raise taxes’, a fan? I hear that solves all problems.

Peter Brown wrote: ↑Wed Sep 02, 2020 3:22 pm Dang!

Dow 29,000


Lib tears are running in the streets.

Re-elect!!


Barron.jpg

foreverlax wrote: ↑Wed Sep 02, 2020 4:01 pm

Peter Brown wrote: ↑Wed Sep 02, 2020 3:22 pm Dang!

Dow 29,000


Lib tears are running in the streets.

Re-elect!!


Barron.jpg

Petey - what will we see first, Dow at 40k or 20k?

Peter Brown wrote: ↑Wed Sep 02, 2020 3:22 pm Dang!

Dow 29,000


Lib tears are running in the streets.

Re-elect!!


Barron.jpg

Peter Brown wrote: ↑Wed Sep 02, 2020 4:25 pmTrump re-election, 40k within 2 years.

a fan wrote: ↑Wed Sep 02, 2020 7:31 pm

Peter Brown wrote: ↑Wed Sep 02, 2020 4:25 pmTrump re-election, 40k within 2 years.

In order to do that, he'd have to borrow another $4 Trillion, and make the stock market even more dependent on Big Government than even today.

If Biden wins, and McConnell holds his seat? The market will slowly bleed out , as new spending bills stall for 4 years under Mitchey.

The entire economy is built on borrowed money, Petey. All of it.

youthathletics wrote: ↑Wed Sep 02, 2020 8:04 pm

a fan wrote: ↑Wed Sep 02, 2020 7:31 pm

Peter Brown wrote: ↑Wed Sep 02, 2020 4:25 pmTrump re-election, 40k within 2 years.

In order to do that, he'd have to borrow another $4 Trillion, and make the stock market even more dependent on Big Government than even today.

If Biden wins, and McConnell holds his seat? The market will slowly bleed out , as new spending bills stall for 4 years under Mitchey.

The entire economy is built on borrowed money, Petey. All of it.

Borrowing is just fine, that’s what socialist countries do....borrow from one another and only pay back if absolutely necessary....and then at a much lower margin.

youthathletics wrote: ↑Wed Sep 02, 2020 8:04 pm

a fan wrote: ↑Wed Sep 02, 2020 7:31 pm

Peter Brown wrote: ↑Wed Sep 02, 2020 4:25 pmTrump re-election, 40k within 2 years.

In order to do that, he'd have to borrow another $4 Trillion, and make the stock market even more dependent on Big Government than even today.

If Biden wins, and McConnell holds his seat? The market will slowly bleed out , as new spending bills stall for 4 years under Mitchey.

The entire economy is built on borrowed money, Petey. All of it.

Borrowing is just fine, that’s what socialist countries do....borrow from one another and only pay back if absolutely necessary....and then at a much lower margin.

holmes435 wrote: ↑Thu Sep 03, 2020 12:30 am

youthathletics wrote: ↑Wed Sep 02, 2020 8:04 pm

a fan wrote: ↑Wed Sep 02, 2020 7:31 pm

Peter Brown wrote: ↑Wed Sep 02, 2020 4:25 pmTrump re-election, 40k within 2 years.

In order to do that, he'd have to borrow another $4 Trillion, and make the stock market even more dependent on Big Government than even today.

If Biden wins, and McConnell holds his seat? The market will slowly bleed out , as new spending bills stall for 4 years under Mitchey.

The entire economy is built on borrowed money, Petey. All of it.

Borrowing is just fine, that’s what socialist countries do....borrow from one another and only pay back if absolutely necessary....and then at a much lower margin.

Then why do Republicans borrow so much more than Democrats?

I feel like Gandhi: "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ."

For all the chest thumping, the "socialist" democrats and countries are so much more financially responsible regarding borrowing than the Republican party since 1980. Republicans have not practiced what they preach for 40 years now.

CU88 wrote: ↑Thu Sep 03, 2020 11:02 am Wall Street is NOT the economy.

More than 800,000 new claims for unemployment insurance were filed last week — a sign of the continued pain of the coronavirus pandemic on the labor market, more than five months in.

The Labor Department changed its methodology in calculating the overall jobless claims number to make the data more reliable by taking into account seasonal swings. Under that metric, 881,000 applications were processed last week.

In the unadjusted metric, state unemployment claims were around 833,000 — a slight rise from the previous week.

Another 759,000 people applied for Pandemic Unemployment Assistance, the program for self-employed and gig workers, an increase of about 150,000, from the previous week.

All told, 29 million people were receiving some form of unemployment insurance as of mid-August — an increase of two million from the week previously — as more people remain jobless or are joining the ranks of the unemployed, than those going back to work full time.

CU88 wrote: ↑Thu Sep 03, 2020 11:02 am Wall Street is NOT the economy.

More than 800,000 new claims for unemployment insurance were filed last week — a sign of the continued pain of the coronavirus pandemic on the labor market, more than five months in.

The Labor Department changed its methodology in calculating the overall jobless claims number to make the data more reliable by taking into account seasonal swings. Under that metric, 881,000 applications were processed last week.

In the unadjusted metric, state unemployment claims were around 833,000 — a slight rise from the previous week.

Another 759,000 people applied for Pandemic Unemployment Assistance, the program for self-employed and gig workers, an increase of about 150,000, from the previous week.

All told, 29 million people were receiving some form of unemployment insurance as of mid-August — an increase of two million from the week previously — as more people remain jobless or are joining the ranks of the unemployed, than those going back to work full time.