Current Affairs General US politics (ie, not POTUS related)
- Thread starter Dylan
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Yikes 'Merica 
news.northwestern.edu
America’s packaged food supply is ultra-processed
Americans are over-exposed to ultra-processed products that are high in calories, saturated fat, sugar and salt, according to a new Northwestern Medicine study of the U.S. food supply.
news.northwestern.edu
I'm no economist so I cant really explain what's going on with the economy
The Dow is breaking records
at the same time the Fed is going to cut rates for the first time since 2008.
I presume they are trying to stimulate inflation which is flat.
Maybe it's flat because the economy is dangerously unbalanced?
Most people aren't spending so prices for everyday stuff isn't increasing but the dow is soaring so the wealthy are doing well.
Also the trump tax breaks kinda juiced the dow but the need to cut rates maybe shows a truer picture.
And then there's this.
The Dow is breaking records
at the same time the Fed is going to cut rates for the first time since 2008.
I presume they are trying to stimulate inflation which is flat.
Maybe it's flat because the economy is dangerously unbalanced?
Most people aren't spending so prices for everyday stuff isn't increasing but the dow is soaring so the wealthy are doing well.
Also the trump tax breaks kinda juiced the dow but the need to cut rates maybe shows a truer picture.
And then there's this.
TheBigIguana
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I would say that is concerning. It feels like anyone not holding millions in wealth is about to be crushed by a recession.
I'm sure this in no way endangers these legislators
summerisle
The rain, it raineth every day
tsubaki
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imagine having so little knowledge of Western society that you think murdering bears in the New World is an integral part of it
All economies, everywhere, are unbalanced. Mainly due to artificial levels of interest rates, which have been close to zero since the financial crash. The main reason the Dow is breaking records (much like everywhere else) is that due to these low interest rates, people haven't got many options to invest their money. Stock Markets all over the world are pretty much in the same boat and are artificially over-valued. There's a crash waiting to happen.
Companies buying back huge chunks of stock with new found resources from massive tax breaks doesn’t help either.
The high rate of Republican Congress members in the lead-up to 2018 elections was an indication that incumbents didn’t feel very confident of re-election.
Rook
Player Valuation: £80m
The stock market doing well (though has pretty much flatlined this year) just results in less mass layoffs and not really hiring or wage increases. The rich control all the stocks becuase its a defacto tax dodge w/ cap gains only taxed at 20% and dividends at 15%. They just used the tax break to buy more stocks.
Good history; stuff I didn't know about.
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