Coffee_Addict

joined 2 years ago
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[–] Coffee_Addict@lemmy.world 1 points 11 hours ago

Rule 9: Submission Quality Low-quality or irrelevant submissions will be removed at mod discretion. This applies in particular to low-quality or repetitive memes.

[–] Coffee_Addict@lemmy.world 1 points 11 hours ago

Rule 9: Submission Quality Low-quality or irrelevant submissions will be removed at mod discretion. This applies in particular to low-quality or repetitive memes.

 

Trump, who said he would nominate in her place Oklahoma Republican Sen. Markwayne Mullin, made the announcement on social media on Thursday, two days after Noem faced a grilling on Capitol Hill from GOP members as well as Democrats.

[–] Coffee_Addict@lemmy.world 4 points 3 weeks ago* (last edited 3 weeks ago)

Parts of this comment are recycled an older comment. But:

  1. What would be exact definition of your neoliberalism?

The definition for “neoliberalism” is not well defined. I would say Why Nations Fail especially or anything by Francis Fukuyama are good places to start if you’re interested in reading. Abundance also aligns well with our political philosophy.

  1. Where would this ideology roughly fall on the political spectrum (I’m aware the political compass is bullshit, but just for orientation)?

Center-Left for the US. Probably economically conservative for parts of the EU but very socially left on certain topics (ie immigration, LGBTQ rights)

  1. How does your definition differ from the standard usage of the term outside this subreddit?

I would say I am more nuanced when it comes to deregulation; it is neither an inherently good or bad thing. Some areas are over-regulated (ie housing) or improperly regulated (US fuel emissions regulations for cars encourage giant pickup trucks). Others need more regulation.

  1. What specific policies do you support (tax levels, welfare state size, regulation, trade policy, monetary policy, etc.)?

I’ll just come out and say that taxes across the board need to be increased. Income tax is very inefficient (borderline useless) to tax the uber wealthy, and the only was to tax them is by taxing their assets (ie property taxes). A Land-Value tax would help solve a lot of problems.

  1. Are you closer to classical liberalism, social liberalism, ordoliberalism, third way, or something else?

I would say I am a mix of classical liberalism and social liberalism.

As for this community overall, it is an unofficial spinoff of the r/neoliberal community on reddit, which itself was a spinoff of r/badeconomics. In the 2016 election cycle, everyone got mad at us for saying Bernie Sanders’ economic policies were not gonna work, and that we favored Hillary Clinton’s instead. This resulted in basically all of reddit calling us “neoliberal shills,” which led to us taking over the (then) empty, decrepit, and abandoned r/Neoliberal.

I would say very few in that sub or this community actually run around and call themselves a neoliberal in real life. Truthfully, neoliberalism is not very well-defined, and its meaning varies so much depending on who you are talking to that it’s simply not a great label to use in real life. Indeed, some circles basically use it as a political slur lol.

That being said, it is true that many of us do like neoliberalism’s core tenets (at least for the definition that includes a large amount of freedom for markets, globalism, multilateralism, and low government interference in the economy). Given that lemmy is decidedly to the left of reddit, this community is even more niche here.

[–] Coffee_Addict@lemmy.world 5 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Who would have thought the that doing things that are blatantly unconstitutional might come with some big financial blowback?

I’m being a little facetious, but it is an important point. Are the companies that paid these tariffs now entitled to their money back?

[–] Coffee_Addict@lemmy.world 2 points 3 weeks ago* (last edited 3 weeks ago)

I think the question now is will the tariffs still be enforced and how?

IIRC, they were enforced at the ports/other modes of entry.

[–] Coffee_Addict@lemmy.world 12 points 3 weeks ago

Justices Thomas, Alito, and Kavanaugh all dissented.

This has massive implications for the US economy, especially once you consider that these tariffs have wrecked supply chains, inflated prices of both foreign and domestic goods, and trade agreements.

 

The Supreme Court ruled today that President Trump’s tariffs imposed under the IEEPA are not authorized by that law.

[–] Coffee_Addict@lemmy.world 3 points 3 weeks ago (1 children)

It’s sad it was ever that high to begin with, and sadder still that 38% still approve of his handling of the issue.

 
  • Trump's immigration approval falls to lowest since return
  • Support among men on immigration has dropped this year
  • Trump's overall approval was steady at 38%
[–] Coffee_Addict@lemmy.world 1 points 3 weeks ago

Rule 9: Submission Quality Low-quality or irrelevant submissions will be removed at mod discretion. This applies in particular to low-quality or repetitive memes.

[–] Coffee_Addict@lemmy.world 1 points 1 month ago

It’s also really quite sad that in just 18 months Labour completely blew it. I remember there being so much optimism when they won a clear majority, and then it all just fell apart.

It’s really a testament to what happens when leadership is indecisive.

 

This article argues that Keir Starmer’s government is unraveling for a variety of issues, namely that:

  • he had no clear political identity
  • no governing plan
  • was indecisive
  • created chaos among aides
  • alienated MPs

With the end result being he disappointed voters.

His team also describes a leader who “never defined himself” and “doesn’t want to decide anything,” while early structural mistakes, damaging fiscal choices, repeated U‑turns, and scandals involving key allies like Peter Mandelson steadily eroded his authority. In the end, it’s summed up by one insider’s verdict: ‘Once you lose authority, you’re fucked. It’s like virginity – once it’s gone, it’s gone.’

In the end, the article argues that by the time Morgan McSweeney resigned Starmer’s leadership had become very weak and many in his party now doubt he will be able to defeat rising challengers.

[–] Coffee_Addict@lemmy.world 8 points 1 month ago* (last edited 1 month ago)

Long-story-short, Canada is leveraging a $40bn submarine contract to help diversify its economy away from the US.

Hanwah (South Korea) and TKSM (Germany & Norway) are finalists competing to buy 12 Arctic-capable diesel submarines.

Carney is also using the bidding war to extract civilian-sector investments (steel, cars, energy, mining, and technology) as part of a strategy to reduce reliance on the United States.

This shift is driven by:

  • Trump’s tariffs
  • Trump’s threats to renegotiate the USMCA
  • Recent job losses in Canadian manufacturing

Some are describing Carney’s approach as an “art of the deal” moment.

[–] Coffee_Addict@lemmy.world 5 points 1 month ago

Archive link for those who need it.

 

Canada is playing hardball with a $40bn submarine contract as it tries to turbocharge investment in civilian sectors ranging from steel and cars to energy and mining, and boost its economic independence from the US.

 

The number of open jobs in the U.S. economy fell by nearly one million last year, evidence of how demand for workers has sputtered in an uneven labor market.

 

The White House press secretary dismissed criticism of the clip’s racist content, shared by the president’s Truth Social account, as “fake outrage.”

 
  • U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The total marked the highest for any January since 2009.

  • At the same time, companies announced just 5,306 new hires, also the lowest January since 2009, which is when Challenger, Gray & Christmas began tracking such data.

  • Also, job openings fell sharply in December to 6.54 million, to their lowest since September 2020. Available jobs are down by more than 900,000 just since October.

 

The US Supreme Court denied the California Republican Party's request to block California's map, which was endorsed by voters last year as a counterweight to a similar effort in Texas aimed at giving Republicans five more U.S. House seats. The Supreme Court, which has a 6-3 conservative majority, in December allowed Texas to use its redrawn map for this year's voting.

 

Back in November, both conservative and liberal justices expressed skepticism towards the administration’s arguments that the President has unilateral authority to impose tariffs without congressional approval.

That said, the timeline for a ruling appears to be more or less typical for Supreme Court cases and not accelerated as initially predicted.

A ruling against President Trump would put his administration in an uncomfortable spot as tariffs are a key component of their negotiation strategies and trade policies.

 

Dimon says that anything that harms Fed independence is “not a good idea.”

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