[Non-Doomsday Economics] Democrats end expanded entitlements, bailout Silicon Valley

The Something Awful Forums > Discussion > C-SPAM > [Non-Doomsday Economics] Democrats end expanded entitlements, bailout Silicon Valley

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irpoweroutlet: Aug 23, 2005; It's 'Lectric!

Rutibex posted:

if we made the kids cook the school meals in addition to having better cheaper food, they would also learn how to cook

in elementary school (mid-90�s) we would �work� in the kitchen. every kid did it for like 30 minutes a day for a week out of the year. my memory is hazy on it. all I remember taking grey hamburger patties out of a grease/water mixture and putting them on buns. i thought it was super gross at the time

my mom made me a lunch every day

# ? Jan 13, 2021 04:01

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# ? May 9, 2024 13:30

Crazycryodude: Aug 15, 2015; Lets get our X tons of Duranium back!

....Is that still a valid thing to jingoistically blow out of proportion?

crepeface posted:

man those lunch photo (uk and us) are psychosis inducing

i don't think we have free school lunches here, you bring something from home or buy from the cafeteria and i'm suddenly extremely glad.

Oh no these school lunches aren't free, you have to pay money for this trash. The free lunch is generally even more embarrassingly inadequate, depending on your specific district.

# ? Jan 13, 2021 04:11

cool av: Mar 2, 2013

Crazycryodude posted:

It's a single-use disposable styrofoam tray

welp then uhh i got nothin

# ? Jan 13, 2021 04:14

Archduke Frantz Fanon: Sep 7, 2004

Crazycryodude posted:

Oh no these school lunches aren't free, you have to pay money for this trash. The free lunch is generally even more embarrassingly inadequate, depending on your specific district.

also if you go into lunch debt you will be disciplined is someone tries to pay it off for you that isnt your guardian

# ? Jan 13, 2021 04:24

Griz: May 21, 2001

Crazycryodude posted:

Oh no these school lunches aren't free, you have to pay money for this trash. The free lunch is generally even more embarrassingly inadequate, depending on your specific district.

some districts have so many kids who qualify for free lunch that they just said gently caress it and put the entire student body on free lunch instead of the usual routine of making poor people jump through hoops to get a few scraps

# ? Jan 13, 2021 04:41

WampaLord: Jan 14, 2010

Griz posted:

some districts have so many kids who qualify for free lunch that they just said gently caress it and put the entire student body on free lunch instead of the usual routine of making poor people jump through hoops to get a few scraps

richest country in the world!

:shepface:

# ? Jan 13, 2021 04:45

Happy Thread: Jul 10, 2005; by Fluffdaddy; Plaster Town Cop

PERPETUAL IDIOT posted:

Moreover, this year only 3.2% of donations, and 2.7% of all dollars donated, said "greetings from Germany." This is a sizeable drop from years past, for example the famous 2017 GDQ in which a full 4.8% of dollars donated came with a dono message using the phrase. Is this trend evidence of EU weakness, and even within the EU a shift away from Germany's export-driven economy towards the southern periphery? Only time will tell.

This is funny but it's making the opposite argument that it's trying to parody. I was pointing out, here's an event that basically did not change in size even in this economy. The event reflects how safe a bunch of semi-random individuals feel to give up money to charity. Despite widespread unemployment and evictions, it hasn't hit this population hard yet, clearly.

# ? Jan 13, 2021 04:53

Grace Baiting: Jul 20, 2012; Audi famam illius;
Cucurrit quaeque
Tetigit destruens.

the fucken concept of school lunch debt is disgusting

# ? Jan 13, 2021 04:54

Smythe: Oct 12, 2003

Grace Baiting posted:

the fucken concept of school lunch debt is disgusting

no such thing as a free lunch bro. stack that paper

# ? Jan 13, 2021 05:02

HAIL eSATA-n: Apr 7, 2007

Grace Baiting posted:

the fucken concept of school lunch debt is disgusting

Smythe posted:

no such thing as a free lunch bro. stack that paper

# ? Jan 13, 2021 05:17

crepeface: Nov 5, 2004; r*p*f*c*

Chakan posted:

Your school just didn't have a lunch program, is that common outside the US maybe? My district every school has two lunch (and usually breakfast) types where you can pay a couple dollars to get a square pizza with some crinkle fries and a milk, or if your family qualifies then you're part of the "free and reduced lunch" group that gets a worse lunch for free, or close to it.

yeah I asked a bunch of my friends, pretty sure it's not a thing in Australia.

and lol yeah I probably should have said "free" lunch

# ? Jan 13, 2021 05:29

Paradoxish: Dec 19, 2003; Will you stop going crazy in there?

the worst thing I remember about the kids who got free lunch is that they actually had to go into a separate line to "pay," so everyone knew

America is hosed up beyond redemption

# ? Jan 13, 2021 05:37

Zil: Jun 4, 2011; Satanically Summoned Citrus

My wife growing up didn't qualify for free lunch, but did qualify for "discounted" lunch. Sad thing is due to medical bills her family had to pay after her dad was in an 18 wheeler accident, she had to split her lunch with her friend who also had a similar issue. They were not poor enough for free lunch, but not well off enough to pay for a normal lunch.

# ? Jan 13, 2021 05:43

Food Boner: Jul 2, 2005

my kid is deathly allergic to dairy and eggs, which I hope she eventually kicks, but goddamn I can't imagine what she'd get for "free" lunch under these circumstances

# ? Jan 13, 2021 05:45

FlapYoJacks: Feb 12, 2009

As a parent who has put three kids through school, two of them starting from elementary, I was surprised to learn just how bad USA public school lunches have become since the early 2000s. Even though for their first several years of raising my step children we were poor, I made drat sure they had healthy food they brought to school themselves. School food is complete garbage these days.

# ? Jan 13, 2021 06:33

bedpan: Apr 23, 2008

DoomTrainPhD posted:

As a parent who has put three kids through school, two of them starting from elementary, I was surprised to learn just how bad USA public school lunches have become since the early 2000s. Even though for their first several years of raising my step children we were poor, I made drat sure they had healthy food they brought to school themselves. School food is complete garbage these days.

the service companies that have been contracted to provide the food don't leave any money on the table and since the children have no choice, why give them edible food at all? also, the general public really hates teachers, schools, and children.

# ? Jan 13, 2021 07:01

Col.Schultz: May 14, 2010; Till we come to some beginning within our own power...

crepeface posted:

yeah I asked a bunch of my friends, pretty sure it's not a thing in Australia.

and lol yeah I probably should have said "free" lunch

Can confirm, not something that happens in Australia. Outside of like the Boarding houses at super fancy private schools where you will get lunch and dinner (but your monocle wearing parents are picking up the tab for it).

There are state funded 'Breakfast Clubs' to make sure that kids from disadvantaged backgrounds get a feed in the morning. Which according to my mum who teaches at a school with one of them, do not appear to be as inadequate/humiliating as the free meals being linked here. But hey, with the way our government is attacking the welfare state, we're probably right behind you all!

# ? Jan 13, 2021 07:09

Ardlen: Sep 30, 2005; WoT

Some US public schools in rich districts don't offer school lunch at all because then they'd have to offer free or reduced lunch. This keeps only the right kids in the school.

# ? Jan 13, 2021 07:24

Smythe: Oct 12, 2003

Paradoxish posted:

the worst thing I remember about the kids who got free lunch is that they actually had to go into a separate line to "pay," so everyone knew

America is hosed up beyond redemption

demon cracker nation for sure

# ? Jan 13, 2021 11:44

steinrokkan: Apr 2, 2011; Can't post for 10 hours!; Soiled Meat

PERPETUAL IDIOT posted:

Moreover, this year only 3.2% of donations, and 2.7% of all dollars donated, said "greetings from Germany." This is a sizeable drop from years past, for example the famous 2017 GDQ in which a full 4.8% of dollars donated came with a dono message using the phrase. Is this trend evidence of EU weakness, and even within the EU a shift away from Germany's export-driven economy towards the southern periphery? Only time will tell.

Using a shift of 0.001% in the revenue of an event literally nobody cares about except 100 weirdos to predict the death of the European Union

# ? Jan 13, 2021 11:49

Fame Douglas: Nov 20, 2013; by Fluffdaddy

DoomTrainPhD posted:

Air fryers are the best.

It's a convection oven. You're baking, not frying.

# ? Jan 13, 2021 11:59

crepeface: Nov 5, 2004; r*p*f*c*

not using an air frier is the same as using the microwave

# ? Jan 13, 2021 12:18

gradenko_2000: Oct 5, 2010; HELL SERPENT; Lipstick Apathy

Financial Times: Labour signals end of Corbyn era in setting out economic vision

quote:

Shadow chancellor Anneliese Dodds will signal on Wednesday that the Labour party is backing away from the hard-left economic policies of former leader Jeremy Corbyn, seeking instead to fight the Conservatives on economic competence and protecting the UK�s recovery from the damage caused by the Covid-19 pandemic.

In the annual Mais Lecture, she will cloak Labour�s strategy to become the UK�s next government in the latest thinking from international organisations such as the IMF, which recommends waiting until unemployment falls and the recovery is complete before thinking about the sustainability of public finances.

As the first woman to deliver the flagship economics lecture in its 43-year history, Ms Dodds will mention �responsible� policies 23 times and will distance Labour from its 2019 general election programme by avoiding any reference to any of the �83bn day-to-day annual public spending increases that formed the centrepiece of its manifesto.

�We need a more resilient economy that can only be achieved through responsible economic, fiscal and monetary policy,� she will say.

Asked why her setpiece economic speech would not mention plans to increase current public spending financed by higher taxes � the centrepiece of the party�s programme under Mr Corbyn � Ms Dodds told the FT in a pre-speech interview that the party would examine detailed taxation and spending policies in the normal way over the coming years.

�The speech is 45 minutes long and attempting to set out the relationship between monetary, fiscal and other forms of economic policy in the long term, so it doesn�t have the kitchen sink in there,� Ms Dodds said.

Since taking charge of Labour last April, Keir Starmer has helped steer Britain�s opposition party back to a more stable footing following its heavy defeat at the 2019 general election.

But he has been accused more recently of being opportunistic during the Covid-19 crisis. The speech by Ms Dodds, and one by the leader himself on Monday, are part of a plan to start setting out the opposition�s positions on the most important aspects of government.

With distance being put between Sir Keir�s economic strategy and his predecessor�s, the new leadership want to fight the Conservatives on the overall strategy of economic policy rather than tax and spend.

In recent months, first the IMF and more recently the OECD have advised advanced economies such as the UK to refrain from taking action to reduce the public deficit until the recovery from the Covid-19 crisis is close to being complete and central banks again have to raise interest rates from zero to prevent inflation from rising.

Laurence Boone, the OECD�s chief economist, this month said countries should not start �tightening� fiscal policy by raising taxes or cutting public spending �in the one to two years following the trough of GDP�. This message now lies at the heart of Labour�s new economic strategy.

In the months ahead, that would mean continuing to spend more than the Tories, Ms Dodds said, not insisting on the 5 per cent rise in council taxes that the government is expecting in April and not cutting the rate of universal credit.

With fiscal policy taking more of the strain in helping the economy to recover quickly from the Covid-19 pandemic, she wants monetary policy to play a lesser role in the future.

In her speech, Ms Dodds will argue that if monetary policy did all the work, as it did during the austerity decade after 2010, then it would �exacerbate inequality and concentrate economic gains in the hands of those who were already asset-rich, at the expense of those who rely on income from their labour�.

This stance implies borrowing and debt would be higher under Labour and would allow the Conservatives to say that the party is soft on tackling weaker public finances. But Ms Dodds told the FT that the sustainability of the public finances should not be measured on an annual or five-year basis, but over a considerably longer period.

Calling for a �responsible fiscal framework� based on �pragmatism, not dogmatism�, she will commit Labour to a rolling target of balancing the government�s current budget in the future, which would allow increased capital spending.

There would also be an exception to the rule for times of crisis, which would allow for a delay in budgetary consolidation while the Covid-19 recovery was continuing, but Labour is planning two defences against inevitable Tory jibes about fiscal recklessness.

The first is an idea from the Institute for Fiscal Studies that would set a �fiscal anchor�, stopping a free-for-all in public spending increases. The second is that Labour is determined to attack what it regards as Conservative waste in public spending during the crisis and put in place safeguards to prevent a repeat under a Labour government.

It plans to give the National Audit Office a mandate to report to parliament each year on the effectiveness of government spending with ministers required to respond at each Budget.

�It�s not acceptable that we�ve had so many NAO reports that have highlighted problems [in government waste] and yet we still see a recurrence in those issues time after time,� Ms Dodds said. �We need to have much more political accountability around those processes for the future.�

love that motherfuckin FISCAL RESPONSIBILITY

# ? Jan 13, 2021 12:24

forkboy84: Jun 13, 2012; Corgis love bread. And Puro

Labour are such loving garbage.

# ? Jan 13, 2021 12:38

Skyl3lazer: Aug 27, 2007; [Dooting Stealthily]

Fame Douglas posted:

It's a convection oven. You're baking, not frying.

# ? Jan 13, 2021 12:50

Ardennes: May 12, 2002

gradenko_2000 posted:

love that motherfuckin FISCAL RESPONSIBILITY

I have no idea where the UK is going to go at this point with austerity measures and no serious new revenue; the NHS is on the verge of unraveling, Britain's safety net was shredded, and the country desperately needs more infrastructure spending beyond megaprojects. It isn't even an issue of "far-left policy" but basic Keynesianism.

I wonder at this point where is the daylight between them and Boris is considering that Brexit is done.

# ? Jan 13, 2021 13:04

Nothus: Feb 22, 2001; Buglord

Lol at the UK. You're getting austerity and American-style healthcare.

# ? Jan 13, 2021 13:08

forkboy84: Jun 13, 2012; Corgis love bread. And Puro

Ardennes posted:

I have no idea where the UK is going to go at this point with austerity measures and no serious new revenue; the NHS is on the verge of unraveling, Britain's safety net was shredded, and the country desperately needs more infrastructure spending beyond megaprojects. It isn't even an issue of "far-left policy" but basic Keynesianism.

I wonder at this point where is the daylight between them and Boris is considering that Brexit is done.

It's really just the continuation of 40+ years of economic policy, of rolling back the state, selling off everything to private business, & further increasing the already large gap between rich & poor. We're speedrunning the 20th century in reverse to get back to the 19th century with Work Houses for the poor & child labour & all those good things that made Britain strong.

# ? Jan 13, 2021 13:13

Xeom: Mar 16, 2007

The responsible thing is too privatize everything. Free markets baby.

# ? Jan 13, 2021 13:13

forkboy84: Jun 13, 2012; Corgis love bread. And Puro

It's been fun listening to the Radio War Nerd series on the 93 Russian coup and the shock therapy economic plans

And by fun I obviously mean horribly depressing

# ? Jan 13, 2021 13:30

Ardennes: May 12, 2002

forkboy84 posted:

It's really just the continuation of 40+ years of economic policy, of rolling back the state, selling off everything to private business, & further increasing the already large gap between rich & poor. We're speedrunning the 20th century in reverse to get back to the 19th century with Work Houses for the poor & child labour & all those good things that made Britain strong.

It is but also it is clear strategic mistake that is only going to cost the UK more in the long-run. For example, the NHS if anything is (was...) a net benefit to the British economy just by keeping labor costs down. How is the British economy going to be more competitive post-Brexit with higher health care costs and even worse austerity measures? (it isn't.) The irony is Boris may end the "left-wing" candidate despite the damage he has done.

I mean it is all standard stuff but even compared to the US (and that is saying something), it is pretty much just wrecking at this point.

# ? Jan 13, 2021 13:35

crepeface: Nov 5, 2004; r*p*f*c*

in 5 years britain is going to be greece

# ? Jan 13, 2021 13:52

mila kunis: Jun 10, 2011

lots of money to be made in wrecking

# ? Jan 13, 2021 13:54

Declan MacManus: Sep 1, 2011; damn i'm really in this bitch

Grace Baiting posted:

the fucken concept of school lunch debt is disgusting

when i was a kid, my parents would sometimes forget to give me lunch money or write me a $25 check (you see, the school i went to had lunch accounts, so that you weren�t overdrawn on food) so when they did that or if i ran out of money in my account and i wasn�t aware of it (being 9 years old), they�d just give you a slice of american cheese on two pieces of white bread and a carton of milk and that�s your meal

a normal way to grow up that i doubt has given me any complexes about food, i�m sure

# ? Jan 13, 2021 13:56

Ardennes: May 12, 2002

mila kunis posted:

lots of money to be made in wrecking

If there is anything left to wreck, but it is impressive in its own way. Scotland needs to palm slam the eject button.

# ? Jan 13, 2021 14:09

Xeom: Mar 16, 2007

Maybe don�t be poor.

# ? Jan 13, 2021 14:10

Xeom: Mar 16, 2007

bing bong

# ? Jan 13, 2021 14:10

Rutibex: Sep 9, 2001; by Fluffdaddy

gradenko_2000 posted:

Financial Times: Labour signals end of Corbyn era in setting out economic vision

love that motherfuckin FISCAL RESPONSIBILITY

lol what are you loving stupid UK? i assume corona has hosed their economy as much as america.

going full ghoul-mode and turning on the austerity right now is a recipe for violent mobs

# ? Jan 13, 2021 14:10

mila kunis: Jun 10, 2011

Rutibex posted:

lol what are you loving stupid UK? i assume corona has hosed their economy as much as america.

going full ghoul-mode and turning on the austerity right now is a recipe for violent mobs

the country is full of people that are sick in the head, they like this stuff and keep voting for it, and the one time they were offered something different they voted against corbyn in a landslide

# ? Jan 13, 2021 14:12

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# ? May 9, 2024 13:30

gradenko_2000: Oct 5, 2010; HELL SERPENT; Lipstick Apathy

Rutibex posted:

lol what are you loving stupid UK?

ummmmmmmmmm

# ? Jan 13, 2021 14:13

The Something Awful Forums > Discussion > C-SPAM > [Non-Doomsday Economics] Democrats end expanded entitlements, bailout Silicon Valley

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