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usernamesAreTricky

@ usernamesAreTricky @lemmy.ml

Posts
378
Comments
593
Joined
3 yr. ago

  • I assume you are talking about revisions to previous reports. Last week they actually had a revision showing the numbers last month were underestimates

    From the article

    The report followed on the heels of annual benchmark revisions to national accounts data last week that showed the economy is in much better shape than previously estimated, with upgrades to growth, income, savings and corporate profits.

  • Luckily the actual report has all that info

    Underemployment stats look a bit better. The number of part-timer workers for economic reasons is slightly down. Was 4.7 million in August vs 4.5 million in September. By economic reasons the BLS defines that as

    economic reason such as slack work or unfavorable business conditions, inability to find full-time work, or seasonal declines in demand.


    Here's the stats by industry

    Here's the overview they gave of that

    In September, employment continued to trend up in food services and drinking places, health care, government, social assistance, and construction

    [...]

    Employment showed little change over the month in other major industries, including mining, quarrying, and oil and gas extraction; manufacturing; wholesale trade; retail trade; transportation and warehousing; information; financial activities; professional and business services; and other services.

  • The federal reserve's interest rates are good chunk of what's going to determine inflation. Trump wants to gut their independence and force them to cut interest rates to near zero. That will make inflation explode

    Mwanwhile the current administration is finally actually going after big monopolies after decades of inaction. Will take more time to go through the courts but that can bring down prices in some industries too. Do you think trump will really continue that or stop the lawsuits the minute he gets power?

    Other Trump plans are extremely inflationary as well. He plans to put massive tarrifs on a lot of goods. His plans to do deportations that include US citizens will also raise prices too

  • It has been updated now

  • And credit to Walz for succinctly calling it out. If he didn't, most of the news coverage would have glazed right passed it

  • Saw someone else reply with this to it and it kind of sent me a bit

  • Best line of the debate in my opinion

  • We can fight back against some of their voter suppression tactics

    If you know people in texas, make sure they are checking their voter registration and re-register if purged

  • He actually started the reschedule process in 2022, but before that there were attempts by dems to do legalization via legislation but in the senate that didn't end up getting enough votes.

    Rescheduling via legislation is more direct and skips the lengthy process describe in the law for executive action. The president is not able to immediately snap their fingers and reschedule. People within the DEA / other agencies have showed it down since 2022. It's at the last stages now after the public comment hearing in December. For what it's worth, as VP Harris did try to call on the agencies to speed up said process but she has no direct power to do so

  • The existing law outlines the complicated process. Biden cannot do it instantly. Here's an overview of the process that's already been done so far

    Now the rule has been proposed so we're at the end of that graph. That's what I mean when I say we're close. Here's the actual rule making procedure to do the rescheduling

    https://www.federalregister.gov/documents/2024/08/29/2024-19370/schedules-of-controlled-substances-rescheduling-of-marijuana


    Additionally, it's worth noting that earlier, dem senate leader was also perusing a legislative path until it was clear they couldn't get the votes. Hence later executive action

  • Decriminalization is not the same as legalization. In terms of legalization, he only supported legalization for medical marijuana which is the process he started. He actually pledged to move it to schedule 2 but has started the process to move it to schedule 3. That process is getting closer for what it's worth. The DEA has really dragged it out but it's nearly at the end with the public hearing in December

    From the source that politico links to

    he will support the legalization of cannabis for medical purposes

    [...]

    reschedule cannabis as a schedule II drug so researchers can study its positive and negative impacts.


    Copying my comment from elsewhere

  • Decriminalization is not the same as legalization. In terms of legalization, he only supported legalization for medical marijuana which is the process he started. He actually pledged to move it to schedule 2 but has started the process to move it to schedule 3. That process is getting closer for what it's worth. The DEA has really dragged it out but it's nearly at the end with the public hearing in December

    From the source that politico links to

    he will support the legalization of cannabis for medical purposes

    [...]

    reschedule cannabis as a schedule II drug so researchers can study its positive and negative impacts.

  • However, unlike that Harris isn't making a cagey statement here. She's directly stating that marijuana should be federally legalized

    Really the title of this article shouldn't be signals