Re:Nasdaq plummets 4% into correction territory
by goatlover on Thursday November 05, 2026 @03:59PM
(#50384390)
His "radical base" would be centrists in Europe and Canada. It's so annoying to constantly her right-wingers denounce the Democratic party as being overrun by "radical leftists" when it's mostly a moderate neoliberal party with some progressive and more recent DSA types. And the Democrat's economic policies are normal ones in most advanced economies. Bernie and AOC are basically the 21st century equivalent of FDR.
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Re:Nasdaq plummets 4% into correction territory
by jayGlow on Thursday November 05, 2026 @04:40PM
(#50384839)
the American economy is stronger than both Canada and the EU. the US consistently has more growth and GDP per capita than Europe. what defines something as an advanced economy?
Re:Nasdaq plummets 4% into correction territory
by zbentley on Thursday November 05, 2026 @07:42PM
(#50386691)
Macroeconomic strength is famously … let’s say “only tenuously correlated” with things like quality of life, social mobility, household-level economic stability, and lots of other aspects of social welfare (e.g. education, health risks and access to treatment, sustainable demographic trends and infrastructure practices).
I’m not saying Europe is automatically better on those axes, but even the least charitable assessments have it very competitive with the US on several.
All of which is to say: “well if our politics are so backwards how come we have so much economic/military power?” is a structurally useless question to ask, because those things are not correlates the way people think they are. It’s like asking “if your car is so much safer than mine, how come mine is so much faster?”