Inflation Scaremongering

A progressive governor in a progressive state sending out checks to people is not progressive ? On what planet?

Just because some progressive people disagree with the handout doesn’t mean the handout is not progressive. 


Smedley said:

A progressive governor in a progressive state sending out checks to people is not progressive ? On what planet?

Just because some progressive people disagree with the handout doesn’t mean the handout is not progressive. 

that's silly reasoning. by your take, the thing that defines progressive is the label you give to the actors.

makes no sense.


Smedley said:

A progressive governor in a progressive state sending out checks to people is not progressive ? On what planet?

Just because some progressive people disagree with the handout doesn’t mean the handout is not progressive. 

Donald Trump also signed checks for direct payments to people. Sending people money isn't a progressive policy. Arguably it's not even a "policy" at all. 


I'll dissent a bit here and note that, while now may not be the time to just send people money, in general I wish more government programs were more straightforwardly that. The child tax credit that Manchin so opposed, for instance, is an example of what I think more programs should be like.

Whether that's progressive or not I'll let others argue about, but I'd argue it's more effective than all the hoop jumping and bureaucracy generally associated with aid programs.


ml1 said:

Smedley said:

A progressive governor in a progressive state sending out checks to people is not progressive ? On what planet?

Just because some progressive people disagree with the handout doesn’t mean the handout is not progressive. 

Donald Trump also signed checks for direct payments to people. Sending people money isn't a progressive policy. Arguably it's not even a "policy" at all. 

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 


California happens to have an enormous budget surplus to work with. Pretty sure no other state has the means to do this in any significant way.

Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 


Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 

Does it have to be a check, or can it be a tax cut? Georgia governor suspends state gas tax through mid-July (ajc.com)


nohero said:

Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 

Does it have to be a check, or can it be a tax cut? Georgia governor suspends state gas tax through mid-July (ajc.com)

Through mid July? that's like two weeks.


nohero said:

Does it have to be a check, or can it be a tax cut? Georgia governor suspends state gas tax through mid-July (ajc.com)

AJC.com? 

I’ve been wondering where Art went!

Must be busy. ;-)


drummerboy said:

California happens to have an enormous budget surplus to work with. Pretty sure no other state has the means to do this in any significant way.

A sampling:

California: $350 tax rebate.

Georgia: $250 tax rebate. https://dor.georgia.gov/press-releases/2022-05-11/georgia-department-revenue-begin-issuing-special-one-time-tax-refunds

Virginia: $250 tax rebate: https://www.tax.virginia.gov/rebate

Idaho: $75 tax rebate. https://tax.idaho.gov/i-2082.cfm

South Carolina: complete tax rebate, up to about $800. https://www.southcarolinapublicradio.org/sc-news/2022-06-16/lawmakers-pass-13-8b-sc-budget-with-large-tax-rebates-cuts

Minnesota: the means to provide a $1,000 tax rebate, currently under discussion. https://minnesotareformer.com/2022/06/22/minnesota-democrats-call-for-1000-rebate-checks-but-republicans-want-permanent-tax-cuts/

Kansas: the means to provide a $250 tax rebate, blocked by the Legislature. https://www.kctv5.com/2022/04/21/kansas-governor-pushes-250-tax-rebate/

Wisconsin: the means to provide a $150 tax rebate, blocked by the Legislature. https://www.ironmountaindailynews.com/news/local-news/2022/03/wisconsin-tax-rebate-dies/


Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 

Whatever the reason it was a direct payment. 


And it's not an "inflation relief" check. It's being offered as relief specifically for high gas prices. 


And I still think Politico punked you with its headline. 

ml1 said:

Because the headline isn't very good. It's a one time payment to offset higher gas prices. I personally think it's a bad idea, because most people should be able to figure out how to use a gallon a week less gas. Which might help to bring the price down a bit. 

But the headline makes the program sound dumb. Which was probably the aim. 


PVW said:

I'll dissent a bit here and note that, while now may not be the time to just send people money, in general I wish more government programs were more straightforwardly that. The child tax credit that Manchin so opposed, for instance, is an example of what I think more programs should be like.

Whether that's progressive or not I'll let others argue about, but I'd argue it's more effective than all the hoop jumping and bureaucracy generally associated with aid programs.

those are actually policies, as opposed to a one time "we must DO something!" reaction to voters pissed about high gas prices. 

I'd like to see us talking about things like UBI, which is an actual progressive policy that involves direct payments to people. 


Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices.

When other, non-progressive states start sending out inflation relief checks, let me know.

See the list above. If you want to quibble over any differences between the way California’s tax rebate and those others are or were being pitched as relief, you can. It’s worth keeping in mind, I think, that all the rebates were being negotiated around the same time. It just took until now for California’s to get to the finish line.


ml1 said:

Smedley said:

That was in response to a black swan global pandemic. This is in response to high prices. 

When other, non-progressive states start sending out inflation relief checks, let me know. 

Whatever the reason it was a direct payment. 


And it's not an "inflation relief" check. It's being offered as relief specifically for high gas prices. 

You seem to have missed the official statement, from the Office of Governor Gavin Newsom, which clearly states: "The centerpiece of the agreement, a $17 billion INFLATION RELIEF package, will offer tax refunds to millions of working Californians. Twenty-three million Californians will benefit from direct payments of up to $1,050."

(I bolded and capped INFLATION RELIEF to make sure you see it.)


Smedley said:

You seem to have missed the official statement, from the Office of Governor Gavin Newsom, which clearly states: "The centerpiece of the agreement, a $17 billion INFLATION RELIEF package, will offer tax refunds to millions of working Californians. Twenty-three million Californians will benefit from direct payments of up to $1,050."

(I bolded and capped INFLATION RELIEF to make sure you see it.)

Georgia’s progressive Governor Kemp: “As hardworking Georgians face rising inflation caused by failed federal government policies, we are doing what we can to provide relief by returning their money back into their pockets.”

https://www.americustimesrecorder.com/2022/05/16/gov-kemp-georgia-department-of-revenue-to-begin-issuing-special-one-time-tax-refunds/


DaveSchmidt said:

drummerboy said:

California happens to have an enormous budget surplus to work with. Pretty sure no other state has the means to do this in any significant way.

A sampling:

California: $350 tax rebate.

Georgia: $250 tax rebate. https://dor.georgia.gov/press-releases/2022-05-11/georgia-department-revenue-begin-issuing-special-one-time-tax-refunds

Virginia: $250 tax rebate: https://www.tax.virginia.gov/rebate

Idaho: $75 tax rebate. https://tax.idaho.gov/i-2082.cfm

South Carolina: complete tax rebate, up to about $800. https://www.southcarolinapublicradio.org/sc-news/2022-06-16/lawmakers-pass-13-8b-sc-budget-with-large-tax-rebates-cuts

Minnesota: the means to provide a $1,000 tax rebate, currently under discussion. https://minnesotareformer.com/2022/06/22/minnesota-democrats-call-for-1000-rebate-checks-but-republicans-want-permanent-tax-cuts/

Kansas: the means to provide a $250 tax rebate, blocked by the Legislature. https://www.kctv5.com/2022/04/21/kansas-governor-pushes-250-tax-rebate/

Wisconsin: the means to provide a $150 tax rebate, blocked by the Legislature. https://www.ironmountaindailynews.com/news/local-news/2022/03/wisconsin-tax-rebate-dies/

Thank you for showing us that Smedley is, once again, quite wrong.  cheese


I was wrong, I did not realize the number of states that are pushing forward some form of "inflation relief". I do believe this type of handout is misguided and right out of the progressive playbook, but unfortunately some non-progressives are doing it for cheap political points.  


Smedley said:

I was wrong, I did not realize the number of states that are pushing forward some form of "inflation relief". I do believe this type of handout is misguided and right out of the progressive playbook, but unfortunately some non-progressives are doing it for cheap political points.  

I'm shocked to learn that politicians are doing things for political points? 




drummerboy said:

Thank you for showing us that Smedley is, once again, quite wrong. 
cheese

You’re welcome. The fodder inspired by the stuff you’re pretty sure of appears to be inexhaustible.


DaveSchmidt said:

drummerboy said:

Thank you for showing us that Smedley is, once again, quite wrong. 
cheese

You’re welcome. The fodder inspired the stuff you’re pretty sure of appears to be inexhaustible.

Fractured syntax alert.


Smedley said:

Fractured syntax alert.

Fixed (I think). Thanks.


Smedley said:

You seem to have missed the official statement, from the Office of Governor Gavin Newsom, which clearly states: "The centerpiece of the agreement, a $17 billion INFLATION RELIEF package, will offer tax refunds to millions of working Californians. Twenty-three million Californians will benefit from direct payments of up to $1,050."

(I bolded and capped INFLATION RELIEF to make sure you see it.)

I did miss it. I wish you posted that originally instead of a Politico article. Would have saved us both some time. 

And it's also clear this policy, misguided or not, isn't something limited to progressives. 


DaveSchmidt said:

drummerboy said:

Thank you for showing us that Smedley is, once again, quite wrong. 
cheese

You’re welcome. The fodder inspired by the stuff you’re pretty sure of appears to be inexhaustible.

My aim in life is to keep you busy.


Bloomberg must have seen the discussion on here and hastily whipped up this article which is now their headline story.

https://www.bloomberg.com/news/articles/2022-06-29/fed-s-inflation-fight-made-tougher-by-state-relief-efforts?srnd=premium#xj4y7vzkg


Smedley said:

Bloomberg must have seen the discussion on here and hastily whipped up this article which is now their headline story.

https://www.bloomberg.com/news/articles/2022-06-29/fed-s-inflation-fight-made-tougher-by-state-relief-efforts?srnd=premium#xj4y7vzkg

while I don't agree with tax rebates to cover spending on gas, I don't get the general objection to people having more money in amounts that don't  even cover the cost of all the price increases they've experienced. I'm not sure how people with less spending power than they had 6 months ago are going to drive up demand, even if they get a few hundred bucks. 

Would Bloomberg also suggest that corporations not give raises this year? Because that will probably drive up demand more than a one-time tax rebate. 


Yeah I see your point. I don't know the answer either, but I do know there is something absurd about the gubmint "relieving" inflation in a manner that will, at least theoretically, create more inflation.

That said, inflation is a conundrum -- while everyone wants lower (or no) inflation, on an individual level, nobody is going to take a stand on inflation by declining additional money (whether it be from a pay rise, or a business owner raising prices, or a citizen cashing a gubmint check). 


Fortunately, we are not in a demand driven inflation.


drummerboy said:

Fortunately, we are not in a demand driven inflation.

And ignorance is bliss.


Dennis_Seelbach said:

drummerboy said:

Fortunately, we are not in a demand driven inflation.

And ignorance is bliss.

I'm not sure how much more evidence I can supply for my contention. Seems kind of overwhelming.

Even the Fed doesn't think so.

https://maplewood.worldwebs.com/forums/discussion/subforum/scaremongering-inflation/politics-plus?page=next&limit=420#discussion-replies-3585424


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