Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

The Market Is Not A Good Barometer For The People's Economy: Stephen Moore: The Biden 'Bull Market' Is Just Bull

6 views
Skip to first unread message

AlleyCat

unread,
Feb 19, 2024, 12:20:12 AMFeb 19
to

The Market Is Not A Good Barometer For The People's Economy: Stephen Moore: The
Biden 'Bull Market' Is Just Bull

Biden is boasting about the recent stock market rally. He's right that stocks
have been on a tear for the last 14 months. The SandP 500 hit 5,000 for the
first time in history. That's up from 500 some 30 years ago.

Even with all our problems, the United States is the unrivaled alpha male
nation. The dollar is the only currency that matters globally (the Euro and
BRICS are weak little sisters), and for the first time, the U.S. economy
produces far more than all of socialist Europe combined. Our Magnificent Seven
Technology firms - Amazon, Apple, Google, Invidia, Meta, Microsoft and Tesla -
are close to being worth more than all of the stocks combined in any other
country With the exception of China.

But the Biden bull stock market story isn't all it's cracked up to be. Most of
the gains in the market have only made up for the miserable returns in Biden's
disastrous first two years in office when stocks lost almost 15 percent of
their value. In other words, for the most part, the last 14 months have simply
made up for the lost ground during the 2022 rout in stocks. (RELATED: STEPHEN
MOORE: The Real Story Of The Two Americas)

Yes, it's true that in nominal terms stocks are at record highs. But one of the
first rules of investing is that you need to pay attention to your after-
inflation profits. If you make an investment in a widget company and in 10
years that stock has doubled in value but the price level in dollars of
everything else has doubled, sorry, you're no better off based on what you can
buy with those profits.

So let's see what has happened to stocks over the first three years of the
Biden presidency - i.e, through the end of January 2024.

Over that period the price level has risen by about 18 percent. The real
(inflation-adjusted) rate of return in the SandP 500 after three years of Biden
is thus only 8%. This is fairly anemic and well below the average annual real
rate of return since the New York Stock Exchange opened its doors, which is a
three year average of more than 20%.

Biden's performance is also much worse than the bull market under Trump. The
SandP was up 36% in real terms at this time of Trump's presidency, or more than
four times better.

Trump has made the case that the rise in the stock market in recent months is a
result of the higher likelihood that he will be elected in November. I don't
put too much stock in that claim. If the stock market tanks, is he responsible
for that too?

However, an analysis by ace investor Scott Bessent and a member of the
Committee to Unleash Prosperity economic council, finds that fluctuations in
the stock market over the past year have correlated positively with the betting
market odds that Trump will win. Right now he stands at just above 50 percent.
This relationship could be spurious and of course by far the biggest factor
that drives stock valuations is profits.

One last price of investment advice. Investors should pay attention to the
Democratic agenda if they win in November. The Biden economic plan calls for
doubling the capital gains tax, taxing unrealized capital gains, and raising
both the corporate tax rate and the dividend tax. That is very bad news for
sure for stocks. And that, you can take to the bank.

===============================================================================

White Liberals More Likely To Have A Mental Health Condition

https://www.washingtontimes.com/news/2021/apr/22/white-liberals-more-likely-
have-mental-health-cond/

Apr 22, 2021 - Sixty-two percent of Whites who classify themselves as "very
liberal" or "liberal" have been told by a doctor they have a mental health
condition, as compared to 26% of conservatives and...

=====

White Liberals More Likely to Have Mental Health Problems... - Newsmax

https://www.newsmax.com/politics/white-liberals-mental-health-
study/2021/04/20/id/1018293/

The Pew Study, Which The Washington Free Beacon notes was published last year
but only gained attention in a recent article, showed that white liberals of
all ages were more likely to be diagnosed with a mental health condition than
moderates or conservatives, with the disparity particularly pronounced among
those aged 18-29, according to evie...

=====

Study: Young White Liberals More Likely to Have Mental Health Problems

https://www.breitbart.com/politics/2021/04/22/study-young-white-liberals-
more-likely-to-have-mental-health-problems/

Apr 22, 2021 - When sex and age were factors, 56.3 percent of white women
between the ages of 18 and 29 and who labeled themselves as "liberal," said
they had been given a mental health diagnosis, compared to 27.3 percent of
conservatives in the same categories and 28.4 percent of moderates:

=====

62% of "liberal" or very "liberal" whites have a mental health condition

https://www.independentsentinel.com/62-of-liberal-or-very-liberal-whites-have-
a-mental-health-condition/

According to a Pew Research Center survey, 62% percent of Whites who classify
themselves as "very liberal" or "liberal" has been told by a doctor they have a
mental health condition. Only 26% of conservatives and 20% of moderates have
been told they have such a condition, the study found.

=====

Pew Study: White Liberals Disproportionately Suffer From Mental Illness...

https://wibc.com/108211/pew-study-white-liberals-disproportionately-suffer-
from-mental-illness/

White women, ages 18-29, who identified as liberal were given a mental health
diagnosis from medical professionals at a rate of 56.3%, as compared to 28.4%
in moderates and 27.3% in conservatives. Zach Goldberg, a Ph.D. candidate in
political science, consolidated the study's info in a set of visuals and posted
them to a thread on Twitter.

SCIENCE: White Libs More Likely To Have Mental Health Problems

https://freebeacon.com/politics/white-libs-mental-health/

Within this demographic, 34 percent of liberals reported having mental health
problems, compared with 22 percent of moderates and 16 percent of
conservatives. Zach Goldberg, the doctoral...

=====

White Liberals Twice as Likely to be Diagnosed with Psychological Problems

https://www.hennessysview.com/p/psychologic-disorders-white-liberals

Nearly 1 in 2 (45.9%) of white liberals have been diagnosed with mental health
disorders. White liberals of all ages are more than twice as likely as
conservatives of any age to suffer from mental health disorders. White liberals
are almost twice as likely as non-white liberals to be diagnosed with mental
health problems.

=====

6 Reasons Why Liberalism IS A Mental Disorder (LOL) - The Political Insider

https://thepoliticalinsider.com/6-reasons-why-liberalism-can-be-considered-a-
mental-disorder/

In 2005, Michael Savage famously wrote a book titled, Liberalism is a Mental
Disorder, the subject of which is self-explanatory. Additionally, Dr. Lyle
Rossiter, a board-certified clinical psychologist, wrote a book in which he
diagnosed the ideology of the left as a tangible mental illness.

=====

Personality Traits, Mental Illness, and Ideology

https://www.psychologytoday.com/us/blog/unique-everybody-
else/202103/personality-traits-mental-illness-and-ideology

specifically, surveys on the " big five " traits of extraversion,
agreeableness, conscientiousness, neuroticism, and openness to experience have
found that people identifying as politically...

=====

Study claims over 50% of liberal women under 30 have mental health...

https://theliberal.ie/study-claims-over-50-of-liberal-women-under-30-have-
mental-health-issues-men-and-women-with-liberal-views-more-likely-to-be-
mentally-unwell/

Study claims over 50% of liberal women under 30 have mental health issues, men
and women with liberal views more likely to be mentally unwell April 24, 2021 -
12:01 Gerard Clarke Irish News

Alan

unread,
Feb 19, 2024, 12:44:35 PMFeb 19
to
On 2024-02-18 21:20, AlleyCat wrote:
>
> The Market Is Not A Good Barometer For The People's Economy: Stephen Moore: The
> Biden 'Bull Market' Is Just Bull

Here's the take-away:

'Stephen Moore is a senior fellow with the Heritage Foundation and a
co-founder of the Committee to Unleash Prosperity.'

Oh, and this:

'In 2012, a Virginia court held Moore in contempt of court for failing
to pay his ex-wife $300,000 in spousal support, child support and other
obligations in his divorce settlement.

Moore did not respond to repeated court requests to make payments and
failed to appear for a deposition before the court threatened to have
him arrested and ordered him to sell his home to make the payments; the
court revoked the order at Moore's request after he made a $217,000 payment.

In January 2018, the IRS obtained a tax lien against Moore for $75,328
in unpaid federal taxes, interest and penalties, alleging Moore had
filed a "fraudulent" tax return in 2014.'

AlleyCat

unread,
Feb 19, 2024, 8:01:13 PMFeb 19
to

On Mon, 19 Feb 2024 09:44:31 -0800, Alan says...

> Here's the take-away:

No... here's the takeaway. Everything you posted is a non-sequitur.

Kill the messenger.

THIS is what you do, when you can't refute:

The Liberal Argument Outline

1. The Next Step For The Liberal Will Be To Attempt To Discredit Your
Source

If it is Fox or any perceived "right wing" source, they will refuse to
believe it. If it is a non-partisan source, they will claim it is right
wing, if it is a left of center source, they will find another lefty
source to "prove" you are wrong. They will not discuss the facts
themselves, as they know they have lost. If you must go down this road
(there is a high entertainment value), don't allow this diversion. Go
back to the facts.


2. The Personal Attack:

Another common thread. Also designed to divert the lost argument. NEVER give
any hint of personal information. Even something as innocuous as "I am a chef".

They will attempt to engage you and call you a liar to divert attention
from the original lost argument. Ignore this and re-post the facts yet
to be refuted.

3. Use spun facts:

These can be found on Huffington Post, Daily Kos, MSNBC, and many other liberal
sources. What they do is take facts, polls or arguments and add a liberal spin
in a weak attempt to make bad news for liberals look good. These are easily
debunked and exposed as lies by going to the original source and posting the
hard, cold facts with NO spin.

Note: At this point, you have won. It should never take more than one
post to win an argument with a liberal. It is recommended that you claim
victory and disengage at this point. If you continue, for fun or
experimental purposes, no further logic will be forthcoming from the
liberals.


4. The Limbaugh Defense:

This is one that comes out early and often. Although you know they never listen
to Rush Limbaugh and have no idea what he says, they will drag him out and
claim you are a Ditto head. This is another diversionary tactic. It has no
relevance and is an attempt to change the subject. The more desperate they are,
the more childish and ridiculous the reference to Limbaugh becomes: Flush,
LimpBag, etc. Ignore this and re-post the facts. DO NOT BE DIVERTED.

5. Name Calling:

Still another diversion. If you fail to give them any personal information,
they will attempt to draw you out to gain more insight into your personal side.
Then they will return to step 4. Ignore this.

6. The Liberal Bat Signal:

When they find out they are unable to engage
you, divert you or goad you into a completely irrelevant topic, they
will send out the Bat Signal. This is where a bunch of Liberals (or
often, the same one using several names, i.e., Rudy) post a number of
rapid fire posts congratulating the Liberal on handing you your head on
a platter. This tactic often works on even the most logical and
disciplined of us. The urge to rant must be resisted. Your rant will
supply them with all the personal insight they need to spew hatred and
personal attacks. The best tactic here is to use the same tactic back at
them.

Keep in mind, a Liberal will never admit you have a valid point (Dutch
did, once), much less that you won a debate. So, the only reasons to
continue a dialog with a liberal after the initial statement of facts
that established your victory are for entertainment and educational
purposes. If you refuse to take the bait and demand the topic remain on
the original premise, they will eventually just go away and try to find
someone else that will engage them on their terms.

Now, go away, Snowflake.

Alan

unread,
Feb 21, 2024, 4:40:02 PMFeb 21
to
On 2024-02-19 17:01, AlleyCat wrote:
>
> On Mon, 19 Feb 2024 09:44:31 -0800, Alan says...
>
>> Here's the take-away:
>
> No... here's the takeaway. Everything you posted is a non-sequitur.

1. "non-sequitur" doesn't get a hyphen...

...because it's Latin, loser.

2. What I wrote literally DID follow from the article you posted in that
it examined the biases of the person who wrote it.

AlleyCat

unread,
Feb 21, 2024, 8:04:27 PMFeb 21
to

LOL... pedantes strikes again!

=====

On Wed, 21 Feb 2024 13:39:59 -0800, Alan says...

> What I wrote literally DID follow from the article you posted in that
> it examined the biases of the person who wrote it.

Nope.

> "non-sequitur" doesn't get a hyphen...

I know. But...

https://i.imgur.com/DaqxDsY.mp4

Still doesn't change the fact, that you're employing non-sequiturs to make up
an argument.

Annnnnd you are wrong.

non-sequitur (noun)

ALTERNATIVE SPELLING OF NON SEQUITUR.

https://www.wordnik.com/words/non-sequitur

https://i.imgur.com/w9M5hPK.png

LOL... another dumb ass Cuntnadian liberal fail.

https://i.imgur.com/x9nAryD.png



Do you know someone who is overly concerned with INSIGNIFICANT DETAILS and
TRIVIAL RULES?

Those who THINK they're flaunting their intellectual superiority at every
chance?

Dealing With Pedantic Pussies

This annoying behavior is called pedantry - and learning to handle pedantic
people can save your sanity!

As a data analyst passionate about psychology and communication, I've had my
fair share of encounters with pedantic friends, colleagues, and family members
over the years. In this comprehensive guide, I'll draw on research and personal
experience to explore the pedantic personality, provide tips to manage
interactions, and reveal how we can foster more empathy.
What Does "Pedantic" Really Mean?

The word "pedantic" traces its roots back to the Greek "pedantes" meaning
"teacher" or "slave who escorted children to school" - quite a literal origin!

In modern usage, pedantic refers to someone who:

Annoys others by correcting minor errors
Focuses too much on precise definitions or trivial details
Shows off their own knowledge and expertise, especially on boring topics
Emphasizes following formal rules and traditional ways of doing things
Uses complex vocabulary to sound very scholarly

Ultimately, pedantry stems from a desire to display intellectual dominance and
feel smarter than others through conversations.
Key Traits of a Pedantic Personality

While we all may act pedantic occasionally, some core characteristics mark
those with an ingrained pedantic personality:

Formal speaking style - Pedants favor an elaborate, "textbook" way of
communicating versus casual language.

Obsession with obscure details - Minor, academic facts captivate the pedant's
interest, more than relatable human experiences.

Intellectual competitiveness - Pedants like engaging in debates and
intellectual sparring to flex their knowledge.

Lecturing tendency - Pedants jump at any chance to share unprompted advice and
corrections.

Rigid thinking - Pedants strictly adhere to rules and traditional structures
over situational flexibility.

Social awkwardness - Many pedants lack skills to connect casually and read
social cues.

According to a 2022 study in Psychology Today, an estimated 15% of the
population exhibits moderately to highly pedantic tendencies.
What Motivates Pedantic Behavior?

Understanding the root causes behind pedantry can help us better address it
with empathy. Here are some of the key motivations:
Signaling Superiority

Pedantic actions like correcting "errors" no one else notices or using fancy
jargon can implicitly signal one's supposed intellectual superiority.
Sociologists describe this as an unconscious strategy to gain status by
displaying specialized knowledge.
Reassuring Intelligence

Pointing out others' mistakes and peppering speech with big words helps
reassure pedantic people of their own academic competence. This balances out
deep-rooted insecurities around intelligence and self-worth.
Autism Spectrum Conditions

Some autistic individuals exhibit pedantic communication patterns. Their
factual focus reflects a neurodiverse cognitive style, rather than an ego-
driven need for dominance.
Social Disconnection

Pedantry may reflect an underlying difficulty with casual human interaction.
Rigid rules feel safer than complex social dynamics. Pedants often lack
emotional intelligence and receptiveness.

In summary, pedantic tendencies likely stem from a desire to gain status,
anxiety around self-image, neurological differences, or poor social skills.
With that understanding, we can approach pedants with more compassion.
Fun Facts About Pedantic Word Origins!

Since pedantic people love random trivia, here are some playful etymology facts
around the word "pedant" and related terms:

"Pedagogue" meaning teacher shares the same Greek root as "pedant."

"Didactic" traces to the Ancient Greek for "apt at teaching."

"Sesquipedalian" uses advanced vocabulary to describe someone who uses advanced
vocabulary.

"Loquacious" derives from the Latin for "talk" - quite fitting!

"Pauciloquent" combines Latin roots for "few" and "speak" - the opposite of
loquacious.

I hope these fun linguistic facts entertained my fellow etymology nerds out
there!
Spotting Pedantic Behavior in the Wild

What does pedantry actually look like in everyday life? Here are some classic
examples:

Correcting typos or grammar in emails - Even minor technical errors send
pedants into a tizzy.

Lecturing people on obscure historical facts - Pedants seize any chance to
showcase their intellectual trivia.

Using unnecessarily complex vocabulary - Simple words bore pedants, who prefer
sesquipedalian speech.

Criticizing creative rule-breaking - Pedants despise those who don't rigidly
follow standard procedures.

Recommending tedious documentaries - Pedants enjoy "intellectual" TV, not fun
entertainment.

Debating passionately about math proofs - Abstract technical topics energize
the pedant.

Scoffing at intuitive decisions - Pedants think logic overrides human emotions
or instincts.

Picking apart logical fallacies - Finding argument flaws proves their superior
critical thinking.

AlleyCat

unread,
Feb 21, 2024, 8:04:27 PMFeb 21
to

On Wed, 21 Feb 2024 13:39:59 -0800, Alan says...

> What I wrote literally DID follow from the article you posted in that
> it examined the biases of the person who wrote it.

Nope.

What part of your posts dealt in hypocrisy?

Which IS what's to be "followed" IF you can follow it at all.

The HYPOCRISY that Leyer uses the car, is the topic, not the car.


Persephone
@persephvoice

Feb 17
NET ZERO - Unelected Champion of 'green', The EU's Ursula Von der Leyen,
demonstrates HYPOCRISY, in a...

3.8 ton Audi A8
6.3 liter 12-cylinder
petrol engine
500 horsepower
28 miles per gallon.

Sacrificing your way of life is only for peasants

=====

Hypocrite thy name is @vonderleyen
! The day she stops using cars and any fossil fuel derived products like
plastic and clothing and many others , that?s the day she can preach the world.
In any case it?s #ClimateScam

=====

Robbie Parlane
@RParlane
The hypocrisy alone is all you need to see through the lies.

=====

leatherlover_m
@leatherlover_m
The motto of her, and those like her, is "Don't do as I do, do as I say".

=====

We're all doomed Captain Manwaring
@AndrewJ35914075
Do as I say.....

=====

Their hypocrisy is simply astonishing.

We should not listen to or believe anything these people preach to us.

Until our politicians lead by example it is beyond comprehension why anyone
should accept that climate change is driven by C02 and is man-made.

=====

What do you expect from the unelected political elite they?re all virtual
signalling hypocrite?s that gravy train must come to an end soon.

=====

Two faced bigot!

=====

They are all hypocrites.

=====

AlleyCat

unread,
Feb 21, 2024, 8:14:39 PMFeb 21
to

On Wed, 21 Feb 2024 13:39:59 -0800, Alan says...

> 1. "non-sequitur" doesn't get a hyphen...

Dinesh D'Souza
@DineshDSouza
This response is a non-sequitur. Russia might be worse than America, and yet
political targeting could be-and is-happening here. Isn't it true that Biden
and the Democrats are trying to lock up their main political opponent for
decades so he dies in prison? Echoes of Navalny!
0 new messages