Speakership

[Anebriated]

Im not sure it was Seran that actually posted it. I think he passed his phone to someone to type out a coherent response.

[Anebriated]

Dems can now blame republicans for not getting the 12 appr bills passed, drag their feet through the CR and eventually get the omnibus that they would have gotten with McCarthy anyway but with better optics for them. They still have the safeguard of a dem pres and senate. Really there wasn’t much to lose for them unless somehow Trump becomes speaker, which as much as I’d like to see happen I don’t think it will. Wouldn’t be surprised if McHenry was voted in full time.

Full steam ahead…

[Suppressed Poet]

Im not sure it was Seran that actually posted it. I think he passed his phone to someone to type out a coherent response.

Agreed and I thought the same, but even if that is the case we should encourage him to continue doing that.

[Seran]

Today must be a cold day in hell or something for me to agree (mostly) with a Seran post.

Edit: Now you have me doubting my own position and thinking Solkern might be right.

That was legitimately funny. Solkern isn't far off though, depends on your personal belief how much materials or finish products get marked up, so it can be slightly subjective.

[Solkern]

That’s not necessary true that it makes domestic products produced and sold more expensive. In many cases we are importing the raw materials to make those products, and having a strong dollar can (potentially) make them cheaper when sold domestically. It most definitely makes those exported products more expensive.

Generally and broadly speaking, a strong dollar hurts foreigners, export companies, and corporations with a large footprint abroad. Since our economy is generally built around US consumers & that we are a net importer, the pros outweigh the cons for having a strong dollar.

Actually not really, America has some of the lowest import tax in the world and it has been for a long time. While countries that America exports too, are much much higher, and who do you think pays this, to keep our products competitive in the foreign markets? Sadly the company does, hence we do. Companies make less money when the dollar is stronger, which means they spend less on labor and other things. It’s common knowledge that a weaker dollar increases the labor force in America, which brings more jobs, and more money, which drives and fuels our economy. It’s common knowledge that a stronger dollar tightens monetary policies, doesn’t create jobs, and hurts our economy.

[Suppressed Poet]

Actually not really, America has some of the lowest import tax in the world and it has been for a long time. While countries that America exports too, are much much higher, and who do you think pays this, to keep our products competitive in the foreign markets? Sadly the company does, hence we do. Companies make less money when the dollar is stronger, which means they spend less on labor and other things. It’s common knowledge that a weaker dollar increases the labor force in America, which brings more jobs, and more money, which drives and fuels our economy. It’s common knowledge that a stronger dollar tightens monetary policies, doesn’t create jobs, and hurts our economy.

Sure we have some of the lowest import tax in the world and sure our businesses compete globally. That also drives competition in our domestic market and focuses American businesses into what we do really well, quality services & innovation. Paying our laborers comparatively more than the rest of the world isn’t a net negative either. Speaking of fueling our economy, despite being a net exporter of energy since 2019 we still very much rely on foreign oil sources. A strong dollar helps us there.

We’ll just have to disagree on which is best for America, but agree there are pros and cons to each.

[Solkern]

Sure we have some of the lowest import tax in the world and sure our businesses compete globally. That also drives competition in our domestic market and focuses American businesses into what we do really well, quality services & innovation. Paying our laborers comparatively more than the rest of the world isn’t a net negative either. Speaking of fueling our economy, despite being a net exporter of energy since 2019 we still very much rely on foreign oil sources. A strong dollar helps us there.

We’ll just have to disagree on which is best for America, but agree there are pros and cons to each.

Honestly it really just depends on how you view the economy and what you think are the most important factors.

Oil is also pegged to the dollar, and most oil countries such as OPEC, their currencies are pegged to the U.S. dollar. So oil prices don’t change how you think based on the value of the dollar, and it has no influence on its price, as in a weaker dollar won’t make oil more expensive and vice versa.

Gotta remember, other countries currencies are pegged to our dollar. That is a huge reason why a weaker dollar in my opinion is more beneficial domestically

[Seran]

Any forecasts on how badly Jordan is going to lose today's Speakership vote? They canceled the last one because it looked so bad for him, I imagine if they go through today he'll have two few votes at minimum.

[Parkbandit]

Any forecasts on how badly Jordan is going to lose today's Speakership vote? They canceled the last one because it looked so bad for him, I imagine if they go through today he'll have two few votes at minimum.

Are you saying he will have "too" votes at a minimum or "two"?

I realize they sound the same.. but just so you know, they have different meanings.

You should have Soykern rename this thread "Problems Seran has with simple math and the English language"

[Seran]

Any forecasts on how badly Jordan is going to lose today's Speakership vote? They canceled the last one because it looked so bad for him, I imagine if they go through today he'll have two few votes at minimum.

Wow, I was wrong he lost five additional votes this go around and only got 194. Fucking loser ought to see the writing on the wall and drop out.