Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Statement from Jerome Powell

federalreserve.gov

Post reply on HN
Print view View original

811–820 of 871 posts

Re: Statement from Jerome Powell

#811

Post by johnnyanmac »

malshe wrote: post #769
hvb2 wrote: post #693

Earlier quoted context omitted.

I would envy the person who can live in the US and be unaware a presidential election was yesterday... Like, they start running ads 18 months ahead of it... How do you miss all of those ads

This is likely because for many young people the only source of news is social media. And they are unlikely to be targeted to see the political ads. Interestingly, occasionally I see political ads on Willow.tv which I use to watch Cricket. And most of these ads have Noem threatening to deport people ("if you are here illegally, we are coming after you..."). I am a US citizen.

on top of that, you need to register as a voter in many places and that process ends months before the actual ballots come. These aren't things they teach in most schools (nor their parents, apparently).

Re: Statement from Jerome Powell

#814

Post by LastTrain »

johnnyanmac wrote: post #776
LastTrain wrote: post #656

Earlier quoted context omitted.

Yes. The hardest thing about all of this is watching people I've known for years defend the indefensible. It is really difficult to stomach hearing your grandma call for the insurrection act.

What do you feel makes their support so unwavering? Are they fine with anything as long as they feel the "bad people" are hurt? Do they genuinely see themselves getting richer? Do they simply only watch Fox News and other conservative media and never consider what's happening in their neighborhood?

There are as many answers to that are there are Trump supporters I know. These aren't stupid or evil people, and I don't think its as nefarious the things you are suggesting, at least in most cases. On the other hand, as I sit here and try to answer your question, I can't come up with anything that paints anyone in a very good light and I just end up with more questions.

Ultimately I think there is a common personality trait that allows a person to rationalize pretty much anything. And I think most people have that personality trait. Maybe I do for all I know.

The exchange in Hemingway's For Whom the Bell Tolls always comes to mind:

    “But are there not many fascists in your country?"
    "There are many who do not know they are fascists but will find it out when the times comes.”

Re: Statement from Jerome Powell

#815

Post by LastTrain »

bpt3 wrote: post #799
LastTrain wrote: post #758

Earlier quoted context omitted.

Your intuition about this is wrong. Reagan's approval among Republicans averaged about 83%, Trump's numbers are typically over 90%, although currently he's down to an all-time low of around 85%. You are quite wrong about GW as well. While he had a mandate, at first, for Iraq, he was deeply polarizing in pretty much every other regard.

My intuition is not wrong, and I am absolutely not wrong about GW Bush's approval ratings right after 9/11 (a peak of 99% approval among Republicans) and his approval ratings afterwards through the rest of his first term: https://news.gallup.com/poll/116500/presidential-approval-ra... Concerning Reagan, I was looking at his 93% approval rating when he left office, and comparing it to Trump's approval rating at the en…

Your own sources show that Trump is more popular than Reagan among Republicans. Just because there was a moment in history where his numbers were better than Trump's doesn't undo the fact that over the long term, on average, Trump is more popular with Republicans than Reagan was. Demonstrably. Is there a conservative left in America willing to have an honest conversation?

Re: Statement from Jerome Powell

#816

Post by watwut »

johnnyanmac wrote: post #798
dfxm12 wrote: post #792

Earlier quoted context omitted.

Trump campaigned on "No new wars", but given Trump's history in his first term, his party's history in general, you'd have to have be a rube to believe this. Also why does this earn Trump a vote when his opposition was also running on the status quo in this regard, especially the considering the historical US uniparty approach to foreign affairs? But, go ahead, set that aside. You think that is a worthwhile tradeoff…

I think we can both admit there's a lot of rubes in this country. >why does this earn Trump a vote when his opposition was also running on the status quo in this regard, especially the considering the historical US uniparty approach to foreign affairs? To be frank, because we're applying logic to irrational actors. It shouldn't change anything, but Trump yelled it louder, looked more like the people who voted for him…

> It shouldn't change anything, but Trump yelled it louder,

No, he did not. This is simply not true. The thing about Trump being pro peace was just one more pure bad faith lie. And people who voted for Trump did not believed in Trump for peace thing.

Maybe we should stop projecting positive motivations on people who were about something else entirely

Re: Statement from Jerome Powell

#817

Post by watwut »

maest wrote: post #568
Aurornis wrote: post #429

Earlier quoted context omitted.

> This is the political will of a plurality of American voters. This fallacy gets repeated over and over, but it's obviously false. Have you really never voted for a candidate who went on to do things you didn't agree with? It's a quintessential fact of politics that voting for a candidate is not equivalent to an endorsement of everything that candidate does in the future. It's a premise that is obviously false when…

Trump still has plenty of support from large swathes of Americans despite his increasingly more overt actions. For many, he _is_ doing what he was elected to do. This _is_ what the American voter wants. The American voter wants illegal immigrants out, does not care how it happens. They also want cheap oil and are willing to overlook the implications of international military action if it means they get it. They also…

Minnesota occupation is not about illegal immigration. It is about terrorizing a blue city. It is about terrorizing non whites regardless of citizenship.

I agree that Trump voters want that. But, we should not lie about them caring about illegal immigration or "not caring about the method".

They care. If Trumps thugs murder, beat or kidnap people, if non whites and suspect liberals suffer, they actually prefer it. Trump voters prefer it when an agent throws a tear gas into a car or on the crowd just as a goodbye package.

> They also want cheap oil

Oil is so cheap, oil companies are slightly at loss when producing it.

Re: Statement from Jerome Powell

#818

Post by lbreakjai »

johnnyanmac wrote: post #776
LastTrain wrote: post #656

Earlier quoted context omitted.

Yes. The hardest thing about all of this is watching people I've known for years defend the indefensible. It is really difficult to stomach hearing your grandma call for the insurrection act.

What do you feel makes their support so unwavering? Are they fine with anything as long as they feel the "bad people" are hurt? Do they genuinely see themselves getting richer? Do they simply only watch Fox News and other conservative media and never consider what's happening in their neighborhood?

They built an entire identity around it. They're in too deep to just back off and admit to being wrong. It's the same reason why doomsday cults are stronger and more united the day after the predicted end of the world: It's too late to back off, the only solution is to dig deeper.

Re: Statement from Jerome Powell

#819

Post by zzzeek »

johnnyanmac wrote: post #771
zzzeek wrote: post #702

Earlier quoted context omitted.

they're basically fucked. they can't turn against Leader, because their base would abandon them immediately. But they desperately wish they could hold him back, because they are well aware they are going to get creamed in November. as far as "bills", there's no bills because that's up to Mike Johnson who is a super loyalist. His district is very safe (Cook R+26).

> their base would abandon them immediately...they are going to get creamed in November. These seem contradictory. So they risk losing their voters if they oppose Trump, but also know voters will vote them out? >that's up to Mike Johnson who is a super loyalist. His district is very safe (Cook R+26). That's part of why we've had so many forced votes around Johnson. And I guess we'll see in Novemeber which branch is t…

their base alone is not big enough to give them electoral victory. they always need more. but they need the base too. Because of Trump's lawlessness, they can't have both, hence you see a lot of retirements etc. this year.

Re: Statement from Jerome Powell

#820

Post by CamperBob2 »

bpt3 wrote: post #799
LastTrain wrote: post #758

Earlier quoted context omitted.

Your intuition about this is wrong. Reagan's approval among Republicans averaged about 83%, Trump's numbers are typically over 90%, although currently he's down to an all-time low of around 85%. You are quite wrong about GW as well. While he had a mandate, at first, for Iraq, he was deeply polarizing in pretty much every other regard.

My intuition is not wrong, and I am absolutely not wrong about GW Bush's approval ratings right after 9/11 (a peak of 99% approval among Republicans) and his approval ratings afterwards through the rest of his first term: https://news.gallup.com/poll/116500/presidential-approval-ra... Concerning Reagan, I was looking at his 93% approval rating when he left office, and comparing it to Trump's approval rating at the en…

9/11 doesn't count, for the perfectly-obvious reason that Trump has had no 9/11-scale event to compare to.

Yet.

Post reply on HN