Economic Fallout of Trump's Incompetence

[Moksha]

It's why my utility bill went from $250/month to $750/month.

You are trading urban congestion for higher utility bills by living in Point Barrow, Alaska.

[honorentheos]

Anyway, I expected the original post in anticipation of the Democrat economic catastrophe coming. I guess Icarus's Jan 6 predictions of a strong economy in response to Democrat rule didn't last long.

This is a bad read of the OP.

For quite some time I've shared information on the old board describing how Trump was pushing behaviors that were inflating the market. I shared links to videos with people like Jamie Dimon discussing with other high level figures in banking and finance how they knew the reserve gas was being tossed on the fire, that it was great then but was going to be bad for the little guys eventually while they were going to make money either way, that Trump was acting stupidly, yet they would be stupid and unethical in mismanaging their clients money if they didn't take advantage of it. I shared links describing how the Trump corporate tax cuts largely resulted in share buybacks which inflate share prices independent of earnings. There are many issues that have inflated the markets.

And many were unsustainable so there is an inevitable come down built into them. No different than if you took out multiple new credit cards and spent lavishly using them without actually increasing your earnings.

That's just reality.

Now it seems to me the difference between you and Icarus is he doesn't care for Trump's behavior but took advantage of the markets to make money, and you loved Trump but probably on have your retirement investments so you were probably watching your on paper increases and being happy over value you weren't accessing that will come down when the bubble inevitable deflates or pops which you will blame on Biden. But neither matter in reality until you actually retire. And during this time you'll keep working, pulling in a pay check that includes Medicare/Medicaid patients and generally being grumpy that you paycheck stub shows negatives for taxes that you don't understand.

[Moksha]

I was just watching a video where some Chinese people commented that Trump was responsible for some of China's success by swaying world opinion against the US. They can't figure out why Americans elected somebody like Trump. I wanted to speak back to the video and explain Fox News to them and how some Australian billionaire ultimately caused an insurrection at the US Capitol.

[Gunnar]

A Tale of Two Futures: Sustainable Buildings or Unsustainable Climate Change

Residential Energy

[honorentheos]

A Tale of Two Futures: Sustainable Buildings or Unsustainable Climate Change

Residential Energy

Ajax has complained in the past that his utility bill went up in part due to wastewater charges. He isn't telling the truth here when he claims only his energy bill went up threefold or he was misrepresenting the issue when he brought it up before.

He would benefit from being more specific and clear in discussing this as I suspect he might learn a thing or two about his utilities and how he could better manage their costs if he approached this as a discussion about facts rather than a partisan war.

[Gunnar]

I was just watching a video where some Chinese people commented that Trump was responsible for some of China's success by swaying world opinion against the US. They can't figure out why Americans elected somebody like Trump. I wanted to speak back to the video and explain Fox News to them and how some Australian billionaire ultimately caused an insurrection at the US Capitol.

This is undoubtedly true. I doubt you could find any competent economists who would dispute that. And I'm sure it is not only China that profits in this way from other countries' diminished trust in America's stability and reliability due to Trump making a laughing stock of himself and the country who elected him. This is, by now, well documented by international polling.

[ajax18]

He would benefit from being more specific and clear in discussing this as I suspect he might learn a thing or two about his utilities and how he could better manage their costs if he approached this as a discussion about facts rather than a partisan war.

There's an element of communist politics at the city level that is driving up the cost of our utility bills. I had the same house and the same number of kids. The bill went up during the pandemic. Some of it might be direct socialism for those that refuse to pay their utility bills but due to laws preventing them from having their electric disconnected for nonpayment, people on the other side of town like me an my neighbors have to pay for them as well. But a lot of it is due to environmentalist idiocy including a failed biomass plant that was a disaster. I think we often fail to involve ourselves in local politics due to national political distractions, which is foolish because the local politics have the most expensive negative effects.

[Gunnar]

A Tale of Two Futures: Sustainable Buildings or Unsustainable Climate Change

Residential Energy

Ajax has complained in the past that his utility bill went up in part due to wastewater charges. He isn't telling the truth here when he claims only his energy bill went up threefold or he was misrepresenting the issue when he brought it up before.

He would benefit from being more specific and clear in discussing this as I suspect he might learn a thing or two about his utilities and how he could better manage their costs if he approached this as a discussion about facts rather than a partisan war.

Undoubtedly, but I fear there is little chance that he has the humility to consider even the merest possibility that he might be mistaken about any of his core beliefs and prejudices.

[honorentheos]

He would benefit from being more specific and clear in discussing this as I suspect he might learn a thing or two about his utilities and how he could better manage their costs if he approached this as a discussion about facts rather than a partisan war.

There's an element of communist politics at the city level that is driving up the cost of our utility bills. I had the same house and the same number of kids. The bill went up during the pandemic. Some of it might be direct socialism for those that refuse to pay their utility bills but due to laws preventing them from having their electric disconnected for nonpayment, people on the other side of town like me an my neighbors have to pay for them as well. But a lot of it is due to environmentalist idiocy including a failed biomass plant that was a disaster. I think we often fail to involve ourselves in local politics due to national political distractions, which is foolish because the local politics have the most expensive negative effects.

There is a lot of "might be" language in this, Ajax. Could you be more specific? Not giving away in real life information, but can you itemize an example of what it was and what it is now? I believe we determined last time you were paying a utility bill to the municipality that included multiple services.

Also, what's the issue with the biomass plant exactly? That it has to be paid for but isn't providing energy? Or something else?

[Gunnar]

He would benefit from being more specific and clear in discussing this as I suspect he might learn a thing or two about his utilities and how he could better manage their costs if he approached this as a discussion about facts rather than a partisan war.

There's an element of communist politics at the city level that is driving up the cost of our utility bills. I had the same house and the same number of kids. The bill went up during the pandemic. Some of it might be direct socialism for those that refuse to pay their utility bills but due to laws preventing them from having their electric disconnected for nonpayment, people on the other side of town like me an my neighbors have to pay for them as well. But a lot of it is due to environmentalist idiocy including a failed biomass plant that was a disaster. I think we often fail to involve ourselves in local politics due to national political distractions, which is foolish because the local politics have the most expensive negative effects.

I doubt it had anything to do with communism. Not all incompetence and poor civic planning is necessarily attributable to communism. Nor is it impossible to design a biomass plant without botching it up. There are a lot of communities, farmers and businesses that utilize biomass energy very profitably and happily. Do you want me to find some good examples of that and post the links to them? Would you bother to look at them if I did?