The abortion law builds on legislation passed in 2010 that represented a major shift for a traditionally Catholic country, transforming Spain into one of the most progressive countries in Europe on reproductive rights. Spain's constitutional court last week rejected a challenge by the right-wing Popular Party against allowing abortions in the first 14 weeks of pregnancy.
The debate will be heated in Spain, I imagine, as the conservative opposition pushes back. My daughter had horrible menstrual pain during her adolescence and young adulthood. I'm certain that she would have benefitted from that time.
Sarcasm aside, I think that if Trump's original tariff plan went through we would be seeing more effect, but then flip flopping, threats, backing off and countries saying "15%!! YES! We'll take it!" stopped the sky from falling as bad. But note inflation is not at it's best economic rate of 2%.
GE who unlike some other companies already has a big presence here is moving some jobs back here. (and yes, legacy media is reporting it).
Good news for the south. I hope they pay well. The tariffs are bad fo the car industry in Michigan. Right now they are using the parts they have in stock but pretty soon they will have to come from China. Detroit got hit with Covid so hard because the daily flights to and from China. We are dependent on them. Occasionally we get a corporate hero. I hope it works out. When I was working on an MBA (didn't finish) we got to take a few classes at a lovely little GE executive education house so I have soft feelings for them. Quite the corporation. They were.working very had on this new thing called CAT scanner:)
when an administration is making such a concerted effort to stifle assessments of government and society at large, it is hard not to conclude that it lacks confidence in the efficacy of its current national overhaul.
I do not believe the Trump administration is interested in evidence based decisions or accountability.
Sarcasm aside, I think that if Trump's original tariff plan went through we would be seeing more effect, but then flip flopping, threats, backing off and countries saying "15%!! YES! We'll take it!" stopped the sky from falling as bad. But note inflation is not at it's best economic rate of 2%.
GE who unlike some other companies already has a big presence here is moving some jobs back here. (and yes, legacy media is reporting it).
On the other hand, beware of the kind of thinking that claims the existence of a snowball disproves climate change. I recommend going to The Bulwark channel on YouTube, search "stagflation".
On the other hand, beware of the kind of thinking that claims the existence of a snowball disproves climate change. I recommend going to The Bulwark channel on YouTube, search "stagflation".
Well, I'd like to consider myself pretty woke.
I don't have time to watch that video at the moment. I don't think it's fair to say that we're in stagflation but there is that concern.
I'm not sure that moving forward, especially since the firing of the official and reporting a lower than expected jobs report, that I will trust much data coming out of this administration.
I don't have time to watch that video at the moment. I don't think it's fair to say that we're in stagflation but there is that concern.
I'm not sure that moving forward, especially since the firing of the official and reporting a lower than expected jobs report, that I will trust much data coming out of this administration.
Got nothing to do with being woke. I'm pointing out that your mockery might prove to be a bit premature.
Got nothing to do with being woke. I'm pointing out that your mockery might prove to be a bit
Gotcha. The snowball reference seemed off.
Fair enough and I'm not saying the sky is falling and not saying things are great. Just presenting what is happening now. I understand one month doesn't always reflect a pattern.
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Tweety said:
Well, I'd like to consider myself pretty woke.
I don't have time to watch that video at the moment. I don't think it's fair to say that we're in stagflation but there is that concern.
I'm not sure that moving forward, especially since the firing of the official and reporting a lower than expected jobs report, that I will trust much data coming out of this administration.
You can listen to, rather than watch, Bulwark podcasts. They don't offer up much in the way of visual content.
Fair enough and I'm not saying the sky is falling and not saying things are great. Just presenting what is happening now. I understand one month doesn't always reflect a pattern.
Not so far off. "Climate change isn't real because lookit! A snowball!” vs "Economic calamity isn't gonna happen because lookit! Tariffs are here and no collapse!” (which is how your comment came across to me.)
The Bulwark is my go-to for conservative commentary free of cult dogma and dittohead snark. If you're not familiar with it, you might enjoy it.
Not so far off. "Climate change isn't real because lookit! A snowball!” vs "Economic calamity isn't gonna happen because lookit! Tariffs are here and no collapse!” (which is how your comment came across to me.)
The Bulwark is my go-to for conservative commentary free of cult dogma and dittohead snark. If you're not familiar with it, you might enjoy it.
Obviously I can't tell how you I come across. I didn't say "economic calamity isn't going to happen". I said that so far the sky hasn't fallen.
I don't think I'd like Bulwark...their click bait is "BRUTAL Economic Numbers! Is Trump's Stagflation Spiral Starting?" and "Trump Created America's First Man-Made Stagflation Crisis". Too dramatic for my tastes.
I like to be a little more real. I think for several years now we've stood on very shaky economic ground and Trump's policies have yet to make things less shaky or better.
I did do a bit of a deeper dive though.
Quote
While some economists and analysts are raising concerns about the possibility of stagflation in 2025, it's not a universally accepted forecast. Stagflation, characterized by slow economic growth and high inflation, is a challenging scenario, and while some indicators like slowing GDP growth and a weakening labor market are present, it's not yet a certainty.
Here's a more detailed breakdown:
Signs pointing towards stagflation:
Weakening Labor Market:
.
The job market is experiencing some weakness, with downward revisions in job numbers and concerns about the potential for increased unemployment.
Sticky Inflation:
.
Inflation remains a concern, and while some anticipate it to cool down, others predict it will stay above average.
Slowing GDP Growth:
.
Economists are forecasting slower GDP growth for 2025 compared to previous years, with some estimates around 1.5%.
Reasons for caution and why it's not a certainty:
Different interpretations of economic data:
.
Some economists believe that the current economic situation doesn't necessarily indicate stagflation and that the labor market is being impacted by factors other than a recession, such as labor supply issues.
The potential impact of policies:
.
New immigration restrictions and import tariffs are cited as factors that could contribute to stagflation, but their exact impact is still being assessed.
The Federal Reserve's response:
.
The Federal Reserve's stance on interest rates will play a crucial role in how the economy evolves. While some predict a potential cut in 2025 to combat a recession, others believe it could worsen stagflation.
Uncertainties surrounding energy prices and geopolitical events:
.
Global events and energy prices can significantly influence inflation and economic growth, making it difficult to predict the future with certainty.
In conclusion:
While the possibility of stagflation in 2025 is being discussed, it's not yet a foregone conclusion. It's important to stay informed about economic developments and be prepared for potential changes in the economy.
Obviously I can't tell how you I come across. I didn't say "economic calamity isn't going to happen". I said that so far the sky hasn't fallen.
I don't think I'd like Bulwark...their click bait is "BRUTAL Economic Numbers! Is Trump's Stagflation Spiral Starting?" and "Trump Created America's First Man-Made Stagflation Crisis". Too dramatic for my tastes.
I like to be a little more real. I think for several years now we've stood on very shaky economic ground and Trump's policies have yet to make things less shaky or better.
I did do a bit of a deeper dive though.
Basically, the above says "We know nothing but we are going to write about it anyway . I consider any economic commentary that isn't hard data as someone else's dreams. I'm waiting to see what AI will say in the future about predicting the economy.
Basically, the above says "We know nothing but we are going to write about it anyway . I consider any economic commentary that isn't hard data as someone else's dreams. I'm waiting to see what AI will say in the future about predicting the economy.
I think you're being simplistic. It's not saying "we know nothing" as what I posted is full of information.
It's saying "this is what we currently know......". Now some people take the spin and say "we're in a stagnation crisis created by Trump" and others say "we could be headed there".
Economists study the past, look at the present, and use this knowledge to predict the future, but there is no crystal ball and obviously as what I posted states there are some variables that could change things from one direction to another. We saw this with covid and wars and other events that have caused economists to recalibrate what they are saying.
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Good news for the south. I hope they pay well. The tariffs are bad fo the car industry in Michigan. Right now they are using the parts they have in stock but pretty soon they will have to come from China. Detroit got hit with Covid so hard because the daily flights to and from China. We are dependent on them. Occasionally we get a corporate hero. I hope it works out. When I was working on an MBA (didn't finish) we got to take a few classes at a lovely little GE executive education house so I have soft feelings for them. Quite the corporation. They were.working very had on this new thing called CAT scanner:)