If not for government subsidies and direct payments there would have been zero growth in the last 4 years. We are in an asset and debt bubble and it is about to burst. The government should get out of the way and let the recession happen. House and vehicle prices need to decline by 50%. The Fed should have interest rates at 8%.
For doubling GDP how much more energy will be needed? Certainly much much more than being consumed today. What will happen to our planet to realise this growth? Why this rat race or fetish for growth? What instead is needed is de growth, more so in the population of this planet. Only that will prevent the planet from choking itself.
A totally partisan discussion of inflation here attributed to possible tariff increases in a Trump administration is neglecting the high inflationary democrat government waste of public resources that will spiral out of control. Only when economic productivity outpaces government largesse can we restore the balance of prosperity. Tax and spend policies will not end well.
There’s 3,000 years of antisemitism. Yes racism is part of the human condition. Why do you keep exceptionalizing your victim hood. The world is pretty tired of your cry-bully rhetoric. And that’s not because you’re Jewish.
"These things are incredibly complicated" In other words, he doesn't want to admit that liberals are just looking to take a side to make themselves feel important.
Larry, I've never been more convinced of your lack of wisdom than after watching this video. With your vocabulary of 'us' and 'them' you are the one politicising universities. Then you go on to complain about the politicisation of universities. What have you been taking?
Pro-Palestinian activists criticize Arab states all the time for their treatment of the Palestinians. He just showed his ignorance. Stick to your neoliberal economics.
Jumping from the wheel straight up to electricity, ... served with the customary and very convenient fossil fuels blindspot. Par for the course ... but wait there's more : a parting joke ---------- "... electricity next to free ..." nice. ;-) The laughing stock of professions strikes again !
100% wrong answer coding will never die because you will still require a lot of people to run and maintain these systems This is why I don’t like top university student and faculty selection is just seriously wrong here
What makes you think you have the right to speak about what causes students do activism for?? How do explain any other mass student movement in history, if there wasn’t some bs racist bigotry to be attributed? What motivated the anti-war movement? The anti-apartheid movement? Come on this is hot crap you’re desperate
Another American defending the right of Netanyahu's regime to exterminate, violate basic right, extend occupation abuses, etc. In a similar way other tiranies do, but with American taxpayers' money and weapons.
LS is smart but partially wrong here. But wheel facilitated the development of more wheels how: the wheel allowed logs to be moved faster which could then create more wheels Electricity facilitated the development of more electricity how: it allowed manufacturing of equipment faster which could be used to build more power plants AI is not different. Every technology replicates itself. This isn't new. The growth rate by period is in large part attributed to population growth and not quality or sophistication of technology. I guess the economist are prone to over simplification (and therefore being incorrect) just as much as we mere mortals are.
Actually you must have been talking to the lowest 100 companies because the top 100 had a meeting in person with Trump and overwhelmingly endorsed Trump. I don't think you understand business at all Biden 28% tax on business or Trump 8% tax what one is better for business???
When USA is backing and FUNDING a genocide, yes students have the right to protest! Who said Palestinians were the only oppressed people? His discriminatory and tribal/ Israel bias on full display. The other Arab countries do not have responsibility for Palestinians, nor do Palestinians want that. They want freedom and human rights on their own land!
Summers has a point. If you talk about only Palestinian rights, and never say a word about other oppressed people, then you are not for human rights; you do not see humans; you see Palestinian and Palestinian only. That is your choice, but do not use the "human rights" umbrella in your arguments.
@@akirasuzuki8378that's like expecting the US to invade all countries that want freedom, when it only wants to invade resource rich countries, irrespective of what they want.
If they claim they do, then yes. Also, it seems like Israel is the only thing the left is protesting against, what about the oppressed Muslims in China? What about the oppressed Muslims in Syria? Ukraine (oh sorry, these idiots actually want to give it to Putin). The reason why is because Israel connects for them to the evil whites thing, if oy they'd known most Israelis aren't even Ashkenazi
When did it become antisemitic to protest a genocide and apartheid, the ethnic cleansing of indigenous people with rightful land rights? When did it become antisemitic to stand up for human rights? Palestinians are semites!
Did corporate America know that George bush was gonna mastermind the horrific 911 and the following 130,000 innocent people killed in Iraq , if they didn’t , they suck as visionaries and corporate America should be in solitary confinement today , not the innocent children or the men and women either , it was not allowed while Mr Obama was president and is considered torture by the other countries of the world ,as well as most people living in the United States and trump is bob to me as well as pope Francis , and special thanks to Scott Jenkins , who housed me when I became bipolar and lost my condo, in munroe falls , Ohio , he let me stay at his place till Eric Taiclet , my good friend bought a house with me so I’d be safe , thanks uncle Willard , you were my best friend for the longest time
What makes you think people will write the history? If what you're saying comes about, the history will be written by AGIs, with conversations with people as just one of many sources of data. On the other hand, this overreach could destabilize both our economy and our government. Please stop these guys from going too fast and ruining us.
if you are a person that sees unforgivable crimes against children and women and instead of condemning those crimes, you put all of your effort into justifying and making excuses for those crimes, it is self evident that you are driven by tribalism, white supremacy, and antisemitism against Arabs instead of facts and basic human decency.
@@rubes8065 American elites in general do not know much about other countries. For China, what you got from the elites including Summers is disinformation.
