Page 3 - Econ 101 News Today

To be politically feasible, a climate policy has to credibly promise the creation of new...

Two straight quarters of negative growth and out the republican talking point western mark. >> there comes a time when even the most convenient shorthand is outweighed by fax. 400,000 jobs a month and you will call this a recession? economists are the ones that are saying # its complicated. while wilkin laughed, i think we need to graduate from econ 101 and cliff notes and really get into the facts at this is complicated and this pandemic is precedented. i have not been all conservative news out...

Hear about the audaciously named inflation reduction act where were going to inject $700 billion of additional spending in to this economy and then expect inflation to go down? look, im not an economist. i did take econ 101. when you put more dollars in to the system, they devalue said dollar. so thats where we are. by the way, on gas prices, if you read what is going to be happening in the fall, theres more embargoes on russian only and the energy will probably go back up to $5 or $6 a gallon. ...

Bragged about job creation. we are still short. roughly about 800,000 jobs, were not even back to the employment we had before the covid lockdown. they should come out and say i will veto anything that will increase government spending fo the foreseeable future. the moratorium on student loan payments, that money is going too rich kids. they end up extending it so the could do at least that. theyre taking it one step further. this is the level of idiocy tha we are talking about from the white ho...

Right? >> president biden: inflation is up. its up, and coming from a family -- the fact is that if we are able to do the things im talking about here, it will bring down the cost for average families, bring down the cost for average families. in my build back better legislation, we can do that. theres a lot we can do to give families extra breathing room. we can do this. >> laura: absurd on its face. bidens plan to borrow or print and then spend more money, money that we dont have, will only st...

The control of the west could be frozen, so russia and china have an incentive to create essentially a parallel economy separate from ours so that they wont be under our control. which frankly undermines our influence very directly. to be one last question: econ 101, everyone who looks at the united states realizes the rest of the world will stop buying u.s. debt, the united states would grind to a halt and no longer be a rich country, it would be instantaneous. does any of our reaction to the r...

It. glenn greenwald is an independent journalist and his work is on sub stack and he is an expert on detecting deception and explain what it means, we are grateful to have him joining us now. glenn, thanks for coming on. i guess the first and most obvious question is, this is kind of a blockbuster story. i have no idea what it means or where it goes, but it is clearly a case where the u.s. government has been lying and amounting a disinformation campaign, if you will, to cover up what it is doin...

Illegal an anti competitive behavior in the oil and gas industry is causing higher prices for consumers. >> charles: so the two republicans on the ftc sent the white house a message today. they said listen, you want us to invest gait this and you say you have proof, share it with us. i think this is a despicable route to go down. >> its despicable. and started this weekend on msnbc. i saw the clip on twitter. i wasnt watching the show. i saw it where she did that. she blamed exxon mobil and chev...

Start getting their act together particularly on the economy because most americans do vote on kitchen table issues. >> jason: nothing says, hey, lets fight inflation by throwing a few trillion dollars into the economy and spend more by government. i dont know where they are at with their messaging, but thats not the remedy to solve the problems that are ahead of us. >> a little bit of econ 101, but im pretty sure youre spending $.5 trillion and putting into the economy, that makes the value oft...

Are critical as part of the reconciliation package. but we are standing firm that, if we do not have climate action in this package, um, we will never get to a 21st-century economy. you know, theres two things that -- that we desperately need to think about. is that we need to think about -- um -- the economy, in terms of more people is always better. thats how a gdp it grows, right? its a very practical concept. that econ 101, if you will. that we need to build the economy, with people. >> coul...