The Political Thread

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Chris

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The U.S. Supreme Court on Thursday denied President-elect Donald J. Trump’s emergency bid to halt his criminal sentencing in New York, all but ensuring it would proceed as planned on Friday.

After a series of unsuccessful legal maneuvers in New York State courts, the former and future president had hoped to prevail before a friendlier audience: a Supreme Court with a 6-to-3 conservative majority that includes three justices Mr. Trump appointed during his first term.

But the court opted to stay out of the case for now, despite having come to Mr. Trump’s rescue in a string of other recent matters. In July, the justices granted former presidents broad immunity for their official acts, undermining a separate criminal case against Mr. Trump in Washington.
 

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The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. It was a better-than-expected number amid a labor market that has been slowly cooling for two years. The unemployment rate edged down to 4.1 percent.
 

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I always find this figure misleading , just as a side note. jobs created means nothing if they are part time, low wages or temporary.

employment figure isnt full time either so while it is indeed a number, it has like 0 correlation to poverty or economic impact of a regular joe

/endrant
 

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I always find this figure misleading , just as a side note. jobs created means nothing if they are part time, low wages or temporary.

employment figure isnt full time either so while it is indeed a number, it has like 0 correlation to poverty or economic impact of a regular joe

/endrant

100% the impact is purely on the stock markets tbh
 

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100% the impact is purely on the stock markets tbh
indeed and how well the stock market is doing is completely detached from regular folks too. its been an eye opening thing for me when I realized "the economy doing well" is just rich assholes and shareholders doing well lol
 

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indeed and how well the stock market is doing is completely detached from regular folks too. its been an eye opening thing for me when I realized "the economy doing well" is just rich assholes and shareholders doing well lol

Not always in fairness, you just can't take the headlines at face value. Historically, they wouldn't say that stuff when goods and interest rates are as high as they were, that's a very modern interpretation of a good economy that people have started to push lol
 
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Not always in fairness, you just can't take the headlines at face value. Historically, they wouldn't say that stuff when goods and interest rates are as high as they were, that's a very modern interpretation of a good economy that people have started to push lol
you're probably very right (ur in a better field than me to understand this stuff, so I am happy to defer), i feel like in the past it was more all encompassing but now ya i mean biden etc saying the economy is great but everyone is fucking broke and paying more and pissed off. theres a huge disconnect somewhere right?
 
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The disconnect is the divide between the classes having a more distinct line nown in my opinion but that's disputed obviously. Both ends of the economic entities used to effect all income more, now lower incomes are as far removed from investments than ever and higher incomes are more protected to everyday goods increasing in prices
 

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The disconnect is the divide between the classes having a more distinct line nown in my opinion but that's disputed obviously. Both ends of the economic entities used to effect all income more, now lower incomes are as far removed from investments than ever and higher incomes are more protected to everyday goods increasing in prices
i would not dispute it at all, i would say that's a cold hard fact
 

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the middle class is disappearing at an accelerated rate. what my dad had, we will never have.
 

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the middle class is disappearing at an accelerated rate. what my dad had, we will never have.

Yeah and this doesn't mean everyone will be "poor" you can still live a mostly comfortable lifestyle if you can stay ahead on a low income but it's the lack of protection from the inevitable costs of life that come up that people don't realize when they have their safety nets
 
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but ya, the gap between the haves and the haves not is widening for a multitude of reasons