Lone Candle
Champion of Truth
Support for rightwing parties in the U.S. and Europe is more driven by culture than economics. Personal finances isn’t a big predictor of such support.
https://www.youtube.com/watch?v=N1L1qtNqFG4
Why Germany’s economy is much stronger than you think
https://www.youtube.com/watch?v=cg43s4PkPX0
Russia is facing a major demographic problem and a low birthrate. They have made illegal promoting the childless lifestyle.
https://www.youtube.com/watch?v=ROOIQg2uaig
“Right-wing populism is a strange bird, an ideology that’s not grounded in any enduring economic or philosophical principles. It mainly entails using the government to address a variety of ill-formed social, nationalistic, and cultural grievances. Former British politician David Gauke was spot on when he says that populism amounts to little more than “a willingness by politicians to say what they think the public wants to hear.”
That’s why President-elect Donald Trump’s recent appointments reflect a mish-mash of conflicting opinions. Many conservatives were, for instance, shocked by his selection of Rep. Lori Chavez-DeRemer (R–Ore.) as Labor Secretary given that her pro-union positions aren’t different from those advocated by President Joe Biden.”
https://reason.com/2024/12/06/is-trump-aiming-to-continue-bidens-antitrust-insanity/
Economists are greatly underestimating the costs of climate change due to a variety of bad methods.
https://www.youtube.com/watch?v=rNLZWVbEa1s
Some of Marx’s ideas were good.
https://www.youtube.com/watch?v=0bmX0hZoiJM
Chinese economic growth has slowed despite not yet being a rich country.
Instead of allowing free market actors to flourish, the Communist Party is clamping down so that private actors won’t be a threat to their control. This will damage their attempt to return to high economic growth.
https://www.youtube.com/watch?v=GayROZqY15U
Do we need to restructure policy to create a capitalism that produces good middle class jobs?
https://www.youtube.com/watch?v=MDCnX0r11Rs
The United States is doing way better than seemed likely since the end of the Cold War as far as its economic power compared to the rest of the world. Improving efficiency rather than protecting jobs is the best way to maintain prosperity. The federal debt is a major concern.
https://www.youtube.com/watch?v=7udKsziNqRQ
“Were Trump to implement Musk’s vision while simultaneously honoring his promise to avoid cutting entitlements and the GOP’s commitment to avoiding defense spending cuts, then he would need to slash all other government programs by 80 percent. That would involve gutting all social services for low-income Americans, food inspections, air safety, health insurance subsidies, and infrastructure investments, among countless other things.
This would abruptly and massively reduce demand in the US economy, potentially triggering a recession.
There is little reason to expect such severe and haphazard spending cuts to benefit the economy in the long term. After all, government investments in education and infrastructure often increase the economy’s growth potential — slashing funding for such programs could impair America’s economic performance in the coming decades.”
https://www.vox.com/politics/381637/elon-musk-donald-trump-2024-election-temporary-hardship