Supply side economics is like what a guy tells his mistress why he hasn't left his wife yet. "You know, it's just too stressful right now, there's so much going on. I'll definitely do it next spring after the kids graduate. I mean, we'll see, it's all so shaky right now".
The simple reason there is no job growth is that no one wants to take a chance under this regime. They have made uncertainty a way of life now. Jobs will not return until this admin is out. Obama and his regime villanize the successful too many times. Why should they risk their money in an uncertain environment.
The world has always lacked stability. Yet another excuse from the people who brought you the credit default swap. Better not tax the rich either. I hear they're job creators.
Here's an insight: the entire system is broken. It's falling apart folks, and nobody is willing to do anything to change it because that would require them getting off their fat asses and climbing down off their piles of money.
But take heart. Once the system is in shambles, they're not rich anymore either.
@ChipArgyle they will be, they will be even richer, who suffered in the financial crisis, the rich. trust me they will do a great heist on europe and america.
In Austraia our stimulus package included $900 (AUD) for everyone who had a low to middle income. It was about $850 US at the time. Now 900 AUD is about 1000 US. The money was spent in one quarter and restarted the economy. Not completely but enough.
It's funny how the democrats proclaim that they stand up for the poor and middle class yet they've stood by and allowed the Federal Reserve to create a super-rich class of bankers and who contribute little of value to society in return.
@jjrglobal Jobs, Roads, Schools, Libraries, Police/Fire Departments, ways for people with low income to get the things that every human has a right to. (ie, food stamps, clinics, and others). btw, im using "produce" in a fairly loose sense. Oh yeah, sewer systems, and pretty much any utility that you use, but dont have to pay for with every use.
You absolutely MUST make a distinction between the different types of government. There is Federal State and Local government, I am referring to the Federal government, I should have been more precise. What does the Federal Government produce? BTW, everything that you mentioned could be done better and cheaper in the private sector and the Federal government has no Constitutional Authority to do any of the things you mention, its the state and locals job.
The rest of this video is intended to instill hatred and envy of rich people. The MORAL UTOPIA that rich people can be coerced into not being greedy bastards is complete pie-in-the-sky. For all of their bitching and moaning about how greedy rich people are, they seem to forget that poor people are just as greedy as rich people. Each individual looks out for his/her own interests and works with others to attain a mutual benefit.
The idea that regulation is going to even this out is beyond silly.
The problem is corporations by law have to maximize profits. They will not hire in the US because it's too expensive. Until we cut off cheap labor, stop forcing new taxes on small businesses, stop corporations from lobbying all offices for tougher regulations on small business we will not get jobs back. Say what you say, but interview 5 small businesses to find the truth rather than talk. The economics work so long as the US and Corporations don't eliminate small business with high entry costs
It's like hording firefighters. Let's say I horde 1,000 firefighters. On occasion allow 1-2 of them to put out fires. Sure it's nice having 1,000 firefighters. But they aren't being used. They are being horded. Meanwhile the fires spread.
The interchange between the two people on the Young Turks ... has to be one of the most ill-informed, uneducated pieces I have heard in a long, long time.
THEY PRODUCE MARKET LIQUIDITY YOU TWITS !!!!
Your 401k!!?? Your Pension ??!! Your charities ??!! THEY NEED LIQUIDITY OR THEY CEASE TO FUNCTION !!!
DID YOU LEARN NOTHING FROM THE LIQUIDITY CRISIS ???!!!!!!!!!!!!!!!!
70% of the US economy is consumer product based. Very few consumer products & services originate in the USA. The 1990 business sectors that produced jobs are now being outsourced - Tech equipment, software design, R&D -- going, going gone. -- The line of credit has been cut off for buying consumer products.--- We are going back to the colonial days, agriculture is a profitable business & our economy is controlled by global elites.
WAY better than the other new people, Anna Cenk and these 2 drop the other boobs that you put on that desk please the rest are either BORING or annoying
I like 'em both. Good combination, a talkative comedian and a relaxed, slightly passive Frank who throws in a movie reference every now and then. Lot´s of comments on how these blokes are more popular than the blond ladies and I agree though I find it disappointing what names they´re called by some. Mind you, I´d love to see more women on TYT, help Ana out there :) but I was missing the magic with the two ladies often referenced here.
U.S. ORDER To SHUT DOWN MILLIONS of CHRISTIAN Websites SHOCKS WORLD! JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO DarrellMyatt1963 IN YOUTUBE.
Old story. Mark Haines died on May 24th...one of the few good ones left in the media.
I miss him greatly. I was watching him on 9/11, the man was amazing, his composure and integrity was inspiring. and all of it is here on Youtube too for those that didnt know him. Just watching that broadcast will show you the kind of man he was.
The media lost most of its remaining integrity when he passed away.
@iwillspyonyou are you a republicon? I'm just curious, because you point out one mistake, which wasn't really a mistake because they didn't even saw where he "came from". And then want to discredit everything they say because of that one thing? What, you think supply side economics works?
I find this hilarious. I'm reading 'The Great American Stick Up' by Robert Scheer at the moment. Its about the banking crisis. At the start of chapter 4 it talks about how there were very few whistle blowers that were trying to stop Clinton and the ironically named "Committee to Save the World" (Rubin, Greenspan and Summers) from deregulating - one was head of the CFTC Brooksley Born and she was a real thorn in their side (unlike the scumbag Wendy Gramm - who had the job before her). Anyway, an
@StunnedByStupidity article was written in the Wall Street journal in the hope of backing her down. And the reason they gave to encourage her to stop the regulation of the OTC (over the counter) derivative market? Because the "the uncertainty Ms. Born was creating could destabilize their markets". That's right apparently you can do NOTHING for the general public interests if it destabalizes the markets! FUCK DEMOCRACY AND WHAT IS RIGHT eh?
These guys at least have something to say on the topics they report on, unlike Jacki and Misty. I think they need some more experience, and they need to prepare their shows a bit more, so they know what to say beforehand...
If Connif is going to be on this show, it has to end with Dore teling him, "Push the button, Frank," or it just won't work. In fact, when they show the clip, I'd really like to see 3 sillhouettes pop up and have Crow tell the GOP what "weenies" they are.
The answer is easy. You did have the depression didn't you?... now... think... what should you do?... What about learning from Franklin D. Roosevelt? Let the state create jobs, by starting up projects. Don't trust the rich to do it, they're the idiots who are responsible in the first place. That's like trusting Sauron to bring peace to Middle Earth.
If you can't tell how sleazy and decrepid these financial advisors are by looking at them, you may still yet be in for a hard lesson. The financial industry exists, so these disgusting parasites can claim to have some place in society. They are a cancer on the human race, and are as ignorant and dishonest as they are grotesque.
@bodhisattvajihadi Because it will be better if they did not existed and the government was taking care of banking? Look, they need regulation, maybe a bit like the Federal republic of Germany had in 1982.
I wouldnt say Wall Street produces nothing. Maybe they dont produce material things like for example the auto industry does but that doenst mean they are worthless in our economy. Hey look, ill be the LAST one to defend banks. But they rightfully have a place in our economy. Who is to provide the loans? What about the liquidity in the markets? Investments? Whos going to raise cash for companies (when Companies go public, they get cash via Stock offering)....
@goldenshots Yeah but the problem is that they don't even do that anymore. They just place quick short term bets and try to make the most money as soon as possible. Wall Street isn't helping anyone but themselves anymore.
@Dayoman10 They do that. You just dont hear about it because it is not "news"....BTW, short term bets create liquidity...nothing wrong with that. The problem with wall st is that theyve dergulated a lot of crap and they get a shitload of leverege on risky bets
@djwaglmuffin agree, but keep in mind that TYT would NEVER let those blondes talk about the economy or politics or the more serious TYT topics but only the lighter human interest/entertainment stories, even then they take away the intelligence that we've expected from TYT
Thank GOD someone other than me is saying this. DEMAND drives job growth, NOT supply. Companies hire when they can't produce enough product, or distribute it, or whatever job/part of the chain is required.
The supply is there. When is the last time you ever heard of Americans being low on something? The only thing I can think of is Japanese video game systems, which are strategically released slowly to validate their price.
The other half of the problem however is when corporations need to have a higher output they instead of hiring, automate work or outsource the jobs to country's where labor is dirt cheap.
Uncertainties mean that investor thing that something is random in the economy and it look caotic: hello, this is the economy - chaos theory, you cannot be certain about uncertainty but you could be certain that uncertainties will be present! And it's not like we did not know there is some unknown unknown!
LOL... 02:47 I can't believe that hedge fund manager sites the S&P 500 as a counter argument.
Business is about selling REAL GOODS and REAL SERVICES. Yet he tries to quote an index that's purely driven by speculation?!
Christ man... CAN YOU GET YOUR HEAD OUT OF YOUR FINANCIAL BANKSTER ASS FOR A SECOND? There is more to the world than a stock ticker and the zeros in all of your bank accounts.
If anything he just invalidated his own argument talking about lack of confidence in the market.
Please stop being mean to the Blondes, sure they didn't really say anything important, but I liked them. Their personalities were quite quirky and I liked that.
Demand never needs stimulating! If demand is low then prices should fall ITS FUCKING COMMON SENSE! Do you not buy a porsche because you dont want one? NO ITS BECAUSE YOU CANT AFFORD IT!
You shouldnt stimulate the demand by giving consumers more money in order to afford the higher prices because then the prices will get even higher!!!!!!!
@treysparker Just as a question of logic. If demand is infinite, how can it be low? Demand is a function of affordability, yes. However, if you can't afford food, you're demand is for food and a Porsche is not even thought of.
A better example - You may want a new TV, but if you can only afford the basics, you cannot buy a TV decreasing the demand for it. When you have money you can buy a TV, adding to the demand.
While people may always want something, demand only exists if the can buy it.
@treysparker I love it. You call them fucktards then proceed to make a complete fucktard out of yourself. You should just stop having opinions. You are too stupid to be allowed.
The people in this video are 100% wrong about everything they said.
"Their wages have been stagnant for thirty years"
So what? Prices over time should come down, if they dont thats because the Fed is creating inflation. Its simple. The problem is not capitalism, nor supply side economics, or the trickle down effect. Its inflation!
If i see another person debating something they dont understand...
Do you want a full time job where you cant afford anything? Or a part time job where you can?
Yeah but giving people money via stimulation doesnt do anything but create the illusion of real demand. We need more jobs to be lost before we can start growing.
People dont understand we need a market correction, we NEED jobs to be lost in order to start growing.
The demand through stimulation is only temporary, the demand is going to diminish once the cheap money is taken away and we have to start repaying our huge fucking national debt.
That excuse is what's being used at my current employer. They got over 15 million in fed funds and another 1+ mil from the state and Scott Walker and they have built a new building, new equipment, gained many HUGE contracts in the last year, have had record profitable quarters for the last 2 years,publicly said they would hire at least 150 people and they have yet to hire a dozen over 6 months after the fact. This is what ALL businesses are doing, they take the welfare and reneg on the promises.
What do people think a recession and depression are? It's when supply outstrips demand. It should be obvious that you don't grow the economy by making the rich richer.
Why would a company pay it's employee's more money just to try to see it come back to them? That's one of most ignorant economic arguments i've ever heard that wasn't meant to be a joke in the first place. Think of the livelihood someone in United States has (even the 'poor') compared to those in underdeveloped countries, or any country 100 years ago. The fruits of innovation are all around us, yet people like this squander the opportunity to enjoy it and complain about a 'lack of improvement.'
@ew4400 I don't care what I'm looking at. If you want to see hot girls, there's plenty of porn available for free. These two guys make good points in a short period of time and they are naturally funny and entertaining. Those two blondes truly have had nothing interesting to say so far.
People think the rich are the "leaders"? They are sheeple as well, just run with a different flock. The corporate task masters are influenced by the same social dynamics, they won't invest in America because of fear of economic slow down, which in turn causes economic slowdown which in turns self fulfill their own predictions..
Same social dynamics going all over America. Americans as a people are a morally and fiscally broken. They betrayed all their values (ie torture, human rights, etc..)..
when are these two progressive idiots going to call out Georgie Soros, he's a bigtime hedge fund operator, and put his feet to the fire w/r to job growth? Oh I forgot, georgie the super progressive operates offshore but wants other rich Americans who already pay just about all income taxes to pay more!
call out the CEO of GE, Obowma's main adviser, and put his feet to the fire asking him how come GE don't pay corporate taxes and why is it that the CEO is a jobs Czar but GE outsources jobs? ha
@genie0390, Yet if George Soro's was a fire breathing republican doing the same damn thing, you would be on here crying about how his taxes are too high. It's funny that ever Since Fox started on the whole "GE pays no taxes and outsources jobs", you drones have been bitching about it while defending OTHER company;s doing the same fucking thing....simply amazing.
Supply side economics doesn't work. How ridiculous is that. At least act like you know something about economics. Supply side is very important. Supply side is less necessary when demand is down, and demand is more important, but to say supply side economics doesn't work you just sound stupid.
Supply side economics is like what a guy tells his mistress why he hasn't left his wife yet. "You know, it's just too stressful right now, there's so much going on. I'll definitely do it next spring after the kids graduate. I mean, we'll see, it's all so shaky right now".
MagnesDrachen13 1 month ago
frank and jimmy should be brought back to the young turks immediately!!!!
please hire them permanently !!!!! please cenk I beg of you
matereymate 4 months ago 2
Love that line at the end :)
jamesgaspard 7 months ago 2
The simple reason there is no job growth is that no one wants to take a chance under this regime. They have made uncertainty a way of life now. Jobs will not return until this admin is out. Obama and his regime villanize the successful too many times. Why should they risk their money in an uncertain environment.
TheYoungTurdz 7 months ago
TV's Frank is now TYT's Frank?
MntlWard 7 months ago
The bank reporter's expression: DULL SURPRISE watch?v=jVGvszaIr-w
Tounushi 7 months ago
The world has always lacked stability. Yet another excuse from the people who brought you the credit default swap. Better not tax the rich either. I hear they're job creators.
Here's an insight: the entire system is broken. It's falling apart folks, and nobody is willing to do anything to change it because that would require them getting off their fat asses and climbing down off their piles of money.
But take heart. Once the system is in shambles, they're not rich anymore either.
ChipArgyle 7 months ago
@ChipArgyle they will be, they will be even richer, who suffered in the financial crisis, the rich. trust me they will do a great heist on europe and america.
Miraculousblog 7 months ago
In Austraia our stimulus package included $900 (AUD) for everyone who had a low to middle income. It was about $850 US at the time. Now 900 AUD is about 1000 US. The money was spent in one quarter and restarted the economy. Not completely but enough.
Nexius8 7 months ago
It's funny how the democrats proclaim that they stand up for the poor and middle class yet they've stood by and allowed the Federal Reserve to create a super-rich class of bankers and who contribute little of value to society in return.
hodoprime 7 months ago
Wrong dipshits, the government is the largest sector that produces nothing
jjrglobal 7 months ago
@jjrglobal Really? Really? Nothing? You are using a lot of government products just to read this.
Nexius8 7 months ago
@Nexius8 leave him, hes a moron.
Miraculousblog 7 months ago
@jjrglobal The government produces nothing? how so?
TheOnlyAttrition 7 months ago
@TheOnlyAttrition
What does the gov produce?
jjrglobal 7 months ago
@jjrglobal Jobs, Roads, Schools, Libraries, Police/Fire Departments, ways for people with low income to get the things that every human has a right to. (ie, food stamps, clinics, and others). btw, im using "produce" in a fairly loose sense. Oh yeah, sewer systems, and pretty much any utility that you use, but dont have to pay for with every use.
TheOnlyAttrition 7 months ago
@TheOnlyAttrition
You absolutely MUST make a distinction between the different types of government. There is Federal State and Local government, I am referring to the Federal government, I should have been more precise. What does the Federal Government produce? BTW, everything that you mentioned could be done better and cheaper in the private sector and the Federal government has no Constitutional Authority to do any of the things you mention, its the state and locals job.
jjrglobal 7 months ago
The rest of this video is intended to instill hatred and envy of rich people. The MORAL UTOPIA that rich people can be coerced into not being greedy bastards is complete pie-in-the-sky. For all of their bitching and moaning about how greedy rich people are, they seem to forget that poor people are just as greedy as rich people. Each individual looks out for his/her own interests and works with others to attain a mutual benefit.
The idea that regulation is going to even this out is beyond silly.
TheManiacalSatanist6 7 months ago
The problem is corporations by law have to maximize profits. They will not hire in the US because it's too expensive. Until we cut off cheap labor, stop forcing new taxes on small businesses, stop corporations from lobbying all offices for tougher regulations on small business we will not get jobs back. Say what you say, but interview 5 small businesses to find the truth rather than talk. The economics work so long as the US and Corporations don't eliminate small business with high entry costs
MadeByEduNotLaziness 7 months ago
These buffoons don't understand that inflation causes wealth to bleed upwards. They're idiots. 'Nuff said.
TheManiacalSatanist6 7 months ago
It's like hording firefighters. Let's say I horde 1,000 firefighters. On occasion allow 1-2 of them to put out fires. Sure it's nice having 1,000 firefighters. But they aren't being used. They are being horded. Meanwhile the fires spread.
sagemakaiserxl 7 months ago
The interchange between the two people on the Young Turks ... has to be one of the most ill-informed, uneducated pieces I have heard in a long, long time.
THEY PRODUCE MARKET LIQUIDITY YOU TWITS !!!!
Your 401k!!?? Your Pension ??!! Your charities ??!! THEY NEED LIQUIDITY OR THEY CEASE TO FUNCTION !!!
DID YOU LEARN NOTHING FROM THE LIQUIDITY CRISIS ???!!!!!!!!!!!!!!!!
AirelonTrading 7 months ago
70% of the US economy is consumer product based. Very few consumer products & services originate in the USA. The 1990 business sectors that produced jobs are now being outsourced - Tech equipment, software design, R&D -- going, going gone. -- The line of credit has been cut off for buying consumer products.--- We are going back to the colonial days, agriculture is a profitable business & our economy is controlled by global elites.
2cOthers 7 months ago
WAY better than the other new people, Anna Cenk and these 2 drop the other boobs that you put on that desk please the rest are either BORING or annoying
geebus80 7 months ago
I can't listen to this propaganda. We get it, you don't understand economics, STFU.
Houshalter 7 months ago
I like 'em both. Good combination, a talkative comedian and a relaxed, slightly passive Frank who throws in a movie reference every now and then. Lot´s of comments on how these blokes are more popular than the blond ladies and I agree though I find it disappointing what names they´re called by some. Mind you, I´d love to see more women on TYT, help Ana out there :) but I was missing the magic with the two ladies often referenced here.
noahgeroz 7 months ago
I like these guys, but the "mhmmmmmmmmmm" gets really annoying.
erikbateson 7 months ago
This has been flagged as spam show
U.S. ORDER To SHUT DOWN MILLIONS of CHRISTIAN Websites SHOCKS WORLD! JESUS IS COMING!Get raptured not suffer the great tribulation.LISTEN TO DarrellMyatt1963 IN YOUTUBE.
TheENTERRAPTURE17 7 months ago
Old story. Mark Haines died on May 24th...one of the few good ones left in the media.
I miss him greatly. I was watching him on 9/11, the man was amazing, his composure and integrity was inspiring. and all of it is here on Youtube too for those that didnt know him. Just watching that broadcast will show you the kind of man he was.
The media lost most of its remaining integrity when he passed away.
rdrakken 7 months ago 2
FDR came from a banking family. Shows you how much these hosts know.
iwillspyonyou 7 months ago
@iwillspyonyou are you a republicon? I'm just curious, because you point out one mistake, which wasn't really a mistake because they didn't even saw where he "came from". And then want to discredit everything they say because of that one thing? What, you think supply side economics works?
Teremei 7 months ago
I find this hilarious. I'm reading 'The Great American Stick Up' by Robert Scheer at the moment. Its about the banking crisis. At the start of chapter 4 it talks about how there were very few whistle blowers that were trying to stop Clinton and the ironically named "Committee to Save the World" (Rubin, Greenspan and Summers) from deregulating - one was head of the CFTC Brooksley Born and she was a real thorn in their side (unlike the scumbag Wendy Gramm - who had the job before her). Anyway, an
StunnedByStupidity 7 months ago
@StunnedByStupidity article was written in the Wall Street journal in the hope of backing her down. And the reason they gave to encourage her to stop the regulation of the OTC (over the counter) derivative market? Because the "the uncertainty Ms. Born was creating could destabilize their markets". That's right apparently you can do NOTHING for the general public interests if it destabalizes the markets! FUCK DEMOCRACY AND WHAT IS RIGHT eh?
StunnedByStupidity 7 months ago
Is this "The Old Turks"?
(thumbs up though)
ManNorthern 7 months ago
These guys at least have something to say on the topics they report on, unlike Jacki and Misty. I think they need some more experience, and they need to prepare their shows a bit more, so they know what to say beforehand...
BoyKissBoy 7 months ago
Frank needs some powder on that shiny face of his... :)
BoyKissBoy 7 months ago
If Connif is going to be on this show, it has to end with Dore teling him, "Push the button, Frank," or it just won't work. In fact, when they show the clip, I'd really like to see 3 sillhouettes pop up and have Crow tell the GOP what "weenies" they are.
ocerg1111 7 months ago 2
That last joke was great. We are gettin screwed. Hard.
KassMeierable 7 months ago
The answer is easy. You did have the depression didn't you?... now... think... what should you do?... What about learning from Franklin D. Roosevelt? Let the state create jobs, by starting up projects. Don't trust the rich to do it, they're the idiots who are responsible in the first place. That's like trusting Sauron to bring peace to Middle Earth.
olekristor 7 months ago
Hahaha gotta love the last joke he made
TOTCD 7 months ago
THIS is why trickle down economics = bullshit.
SinisterSkip 7 months ago
haha, the right guy ROCKS!
Keep him on :)
SinisterSkip 7 months ago
Is that dude ever going to look at the camera?
MikeTaylor17 7 months ago
this clip is ancient; the cnbc economics guy has DIED since this was aired
CheapBeer09 7 months ago
Keep these guys on the show. Mix up the hosts, shuffle them with each other.
Tekavolver712 7 months ago
"Mmmhmmmm" -_- slightly annoying the way he uses that sound for almost every response.
idunno22909 7 months ago
JImmy is good...he gets my vote to stay on the island
bobboblaw123 7 months ago
Jimmy Dore is a HUGE improvement on the Blonds - well done TYT
MrOnlinePsychology 7 months ago
There is a little Joe Pesci like vibe from Jimmy.
Wiseguy eh? :)
Lobos222 7 months ago
Good joke at the end, but stop blaming Obama for supply side economics. It's the right wing / mainstream media that pushes this crap.
schmoab 7 months ago
I like these guys.
Chibling 7 months ago
If you can't tell how sleazy and decrepid these financial advisors are by looking at them, you may still yet be in for a hard lesson. The financial industry exists, so these disgusting parasites can claim to have some place in society. They are a cancer on the human race, and are as ignorant and dishonest as they are grotesque.
bodhisattvajihadi 7 months ago
@bodhisattvajihadi Because it will be better if they did not existed and the government was taking care of banking? Look, they need regulation, maybe a bit like the Federal republic of Germany had in 1982.
therrydicule 7 months ago
Money changers who are not even willing to change LOL jaja
EmeterioBetances 7 months ago
TV's Frank!
FloppyFormatFrenzy 7 months ago
uh... so what did that guy die of again?
squirrelywrath2 7 months ago
Oh man I like these two guys. They work really well together. The big guy is the perfect foil for the loud guy.
Tatchko 7 months ago 2
New guys are cool with me. They know they're shit and that Jimmy dude is funny as hell. I hope to see an episode with him Ana and Cenk.
clipsryan 7 months ago
These guys are great! Keep 'em on as long as you can TYT! It's the MST3K peeps! C'mon!
avenuePad 7 months ago 5
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jezmundberserker 7 months ago in playlist A Playlist
The hedge fund guy looks like he's wearing a hedgehog on his head.
jezmundberserker 7 months ago in playlist A Playlist
The new guy on the right is great
NCSportsMan70 7 months ago 21
I wouldnt say Wall Street produces nothing. Maybe they dont produce material things like for example the auto industry does but that doenst mean they are worthless in our economy. Hey look, ill be the LAST one to defend banks. But they rightfully have a place in our economy. Who is to provide the loans? What about the liquidity in the markets? Investments? Whos going to raise cash for companies (when Companies go public, they get cash via Stock offering)....
goldenshots 7 months ago
Comment removed
jezmundberserker 7 months ago in playlist A Playlist
This has been flagged as spam show
@goldenshots: You're right. Wall Street is not "worthless in our economy." They just completely tore it to pieces and screwed everyone over.
jezmundberserker 7 months ago in playlist A Playlist
@goldenshots Yeah but the problem is that they don't even do that anymore. They just place quick short term bets and try to make the most money as soon as possible. Wall Street isn't helping anyone but themselves anymore.
Dayoman10 7 months ago
@Dayoman10 They do that. You just dont hear about it because it is not "news"....BTW, short term bets create liquidity...nothing wrong with that. The problem with wall st is that theyve dergulated a lot of crap and they get a shitload of leverege on risky bets
goldenshots 7 months ago
A hedge fund manager manages the hedges of funds... Ya money doesnt grow on trees, it grows on bushes
Gr4yW0rld 7 months ago
Hahahaha 'If I could screw my wife half as well as the market has screwed our economy I wouldn't have to go through her emails."
NaliaAsh 7 months ago
I really like Jimmy Dore. I find his style interesting and humorous.
TruthNotReligion 7 months ago 3
"So, until those people start buying more stuff...."
With what, fairy dust?
l0gically 7 months ago
that guy on morning joe is full of shit.
jawa64ify 7 months ago
holy shit, FRANK!!! TVS FRANK!!!
RogueRooster 7 months ago
Where in the hell has this guy (Jimmy) been hiding? Its like he was born for TYT. He's got my vote
mil8710 7 months ago 4
Robot roll call! Cambot. Gypsy. Tom Servo. Croooooow!
HammerOfTheSun 7 months ago 3
What a stupid idea that we can infinitely grow our economy in a finite system!
jimalbi 7 months ago 2
oh push the button, Frank
XSC3 7 months ago 2
This has been flagged as spam show
All the banks are owned by dirty money grubbing jews...
The same filthy jews that used the 9/11 distraction to their advantage to have their enenmy Iraq bombed.
lilpoindexter 7 months ago
I like these guys. Would rather have them than those ditsy blondes any day.
djwaglmuffin 7 months ago 71
@djwaglmuffin because your scared of women?
Ivan951 7 months ago
@djwaglmuffin agree, but keep in mind that TYT would NEVER let those blondes talk about the economy or politics or the more serious TYT topics but only the lighter human interest/entertainment stories, even then they take away the intelligence that we've expected from TYT
andrewsaccount09 7 months ago
TV's Frank! Fuck ya!
ApFrot 7 months ago 2
Thank GOD someone other than me is saying this. DEMAND drives job growth, NOT supply. Companies hire when they can't produce enough product, or distribute it, or whatever job/part of the chain is required.
The supply is there. When is the last time you ever heard of Americans being low on something? The only thing I can think of is Japanese video game systems, which are strategically released slowly to validate their price.
dEdGrimley 7 months ago
RIP Mark Haine
mangaas 7 months ago
Frank... I reconized him immediately. Sweet Jebus he has gotten old... then again so have I.
gekapat 7 months ago
Frank Conniff??? Is that Ken Conniffs brother???
ONLY1JLO 7 months ago
@ONLY1JLO yes
cpufightclub 7 months ago
@ONLY1JLO Hell no, that's TV's Frank!
FuryD 7 months ago
The other half of the problem however is when corporations need to have a higher output they instead of hiring, automate work or outsource the jobs to country's where labor is dirt cheap.
Xenite227 7 months ago
This guy is a JOKE!
He really needs to talk to any economist before he starts babbling about issues on the economy. What a joke.
Joell5678 7 months ago
@Joell5678
Have you talked to an economist? Doubt it..if you had you would realize he is only stating the obvious.
YungDGTM 7 months ago
I kinda like these two. Almost think they nailed this one better than Cenk or Anna or Michael could have. Well done.
mikebee02 7 months ago
Uncertainties mean that investor thing that something is random in the economy and it look caotic: hello, this is the economy - chaos theory, you cannot be certain about uncertainty but you could be certain that uncertainties will be present! And it's not like we did not know there is some unknown unknown!
therrydicule 7 months ago
These 2 guys are awsome !
TheManSand322 7 months ago 4
Hey! It's TV's Frank!!!!!!!!!!!! woohhoo
IcyKitty 7 months ago
More jokes like that on TYT! It was so awesome. He doesn't give a shit!
CasualMaggot 7 months ago 3
I'll take smart and nice over pretty and dumb any day ;-) Good job guys!
JohnHategee 7 months ago 6
Keep Jimmy!
zepps88 7 months ago
I like these two guys, a lot! Much better than misty or whatsherface.
GigaBoost 7 months ago 5
Loved that little quip at the end.
Add him to the "bring him back again" category, along with Wes.
18CaStRaDoMiS89 7 months ago 2
New channel I would gladly subscribe to.
"The Old Turks"
Chinoandharykrakhead 7 months ago
CHARLIE SHEEN!!!!!!!!!!!!!
fredguy2 7 months ago
PHILP SEYMOUR HOFFMAN!!!!!!!!!!!
fredguy2 7 months ago
I like the little joke he throws in at the end lol
Prontest 7 months ago 71
5:12 um...maybe if he was hot that joke would've been funny....
Yewon2001 7 months ago
Tv's Frank! I can't believe he's on here! And so red...
wuezili 7 months ago
Yeah! It's soo great to see Jimmy with TYT.
punkerme63 7 months ago
This was such a waste of time. Fuck.
MyTemporaryAccount88 7 months ago
@MyTemporaryAccount88 Reading your comment was such a waste of time! FUCK!
awreslr2 7 months ago
This has been flagged as spam show
Donate your facebook account with credits! Check my channel!
MarinGirus 7 months ago
LOL... 02:47 I can't believe that hedge fund manager sites the S&P 500 as a counter argument.
Business is about selling REAL GOODS and REAL SERVICES. Yet he tries to quote an index that's purely driven by speculation?!
Christ man... CAN YOU GET YOUR HEAD OUT OF YOUR FINANCIAL BANKSTER ASS FOR A SECOND? There is more to the world than a stock ticker and the zeros in all of your bank accounts.
If anything he just invalidated his own argument talking about lack of confidence in the market.
oolong2 7 months ago
Jimmy Dore FTW
TheCrimsonLion 7 months ago
Bring on the Wes Clark/Jimmy Dore TYT hour.
redvenomweb 7 months ago
Man Barnacle? Haha what a suitable name for a human parasite.
Shisho2k 7 months ago
My new catchphrase.
Mmmhmm.
zaggers77 7 months ago
This has been flagged as spam show
"If I could screw my wife half as good as Wall Street has screwed the economy I wouldn't have to go through her emails."
I'm sure this has been repeated a great many times in comments, but damn if there ever were a quote to beat all quotes, this one's it! Cheers!
Peace.
pr0t0typeB0Y 7 months ago
"If I could screw my wife half as good as Wall Street has screwed the economy I wouldn't have to go through her emails." ---- fucking brilliant
alanshanelewis 7 months ago 2
I'll quote treyderper
"derp derp x 100"
mecher3k 7 months ago
@mecher3k
Troll ;)
I knew you couldnt be that dumb haha
treysparker 7 months ago
Please stop being mean to the Blondes, sure they didn't really say anything important, but I liked them. Their personalities were quite quirky and I liked that.
MegaRammstein7 7 months ago
Hey fucktards in this video: Demand is infinite.
Demand never needs stimulating! If demand is low then prices should fall ITS FUCKING COMMON SENSE! Do you not buy a porsche because you dont want one? NO ITS BECAUSE YOU CANT AFFORD IT!
You shouldnt stimulate the demand by giving consumers more money in order to afford the higher prices because then the prices will get even higher!!!!!!!
treysparker 7 months ago
@treysparker
"Demand is infinite."
Uh no, there is only a finite amount of people on this planet.
You truly are an idiot.
mecher3k 7 months ago
So you're suggesting every individual only wants one of every item? Interesting LOL
one apple, one pineapple, one bottle of beer. LOL
treysparker 7 months ago
@treysparker
"So you're suggesting every individual only wants one of every item? Interesting LOL"
Yep, derp derp.
mecher3k 7 months ago
@treysparker Just as a question of logic. If demand is infinite, how can it be low? Demand is a function of affordability, yes. However, if you can't afford food, you're demand is for food and a Porsche is not even thought of.
A better example - You may want a new TV, but if you can only afford the basics, you cannot buy a TV decreasing the demand for it. When you have money you can buy a TV, adding to the demand.
While people may always want something, demand only exists if the can buy it.
alteregotunes 7 months ago
@treysparker I love it. You call them fucktards then proceed to make a complete fucktard out of yourself. You should just stop having opinions. You are too stupid to be allowed.
Bobbiethejean 7 months ago
Holy Crap Tvs Frank! Push the button Frank !
TheDeucePhoenix 7 months ago
The people in this video are 100% wrong about everything they said.
"Their wages have been stagnant for thirty years"
So what? Prices over time should come down, if they dont thats because the Fed is creating inflation. Its simple. The problem is not capitalism, nor supply side economics, or the trickle down effect. Its inflation!
If i see another person debating something they dont understand...
Do you want a full time job where you cant afford anything? Or a part time job where you can?
treysparker 7 months ago
@treysparker
"Its inflation!"
Lol your own comment proves that wrong.
mecher3k 7 months ago
@mecher3k
Nope, it doesnt.
treysparker 7 months ago
@treysparker
Yes it does, you quote the part were it said wages have become stagnant, this is true. Yet you claim inflation is the problem.
inflation would also mean wages would increase as well, yet they haven't.
Idiot.
mecher3k 7 months ago
@mecher3k
Are you that fucking dumb? Inflation means consumer prices have risen, not wages.
Jesus fucking christ i repeat.
STUDY ECONOMICS LOL YOU'RE EMBARRASSING YOURSELF!
treysparker 7 months ago
@treysparker
"Inflation means consumer prices have risen, not wages."
Yet with inflation wages should also have increased.
The only embarrassment here is the retarded piece of shit named treysparker.
mecher3k 7 months ago
This has been flagged as spam show
@mecher3k
"Yet with inflation wages should also have increased."
Why do you think wages being stagnant is a problem? Because prices rise due to inflation.
Otherwise it wouldnt be a problem would it? If prices stayed the same and wages did as well, ... I mean use your head. Please.
treysparker 7 months ago
@mecher3k
Honestly either study economics or learn how to read.
treysparker 7 months ago
@treysparker
Honestly use more then just the brain stem part of your brain.
mecher3k 7 months ago
@mecher3k
Honestly, you're a fucking dumbass who knows nothing about economics yet attempts to debate it ;)
Keep going :) i dare you.
treysparker 7 months ago
One of the most honest videos I've seen about WHY companies are not hiring.
TheUSMetalhead 7 months ago
Yeah but giving people money via stimulation doesnt do anything but create the illusion of real demand. We need more jobs to be lost before we can start growing.
People dont understand we need a market correction, we NEED jobs to be lost in order to start growing.
The demand through stimulation is only temporary, the demand is going to diminish once the cheap money is taken away and we have to start repaying our huge fucking national debt.
We're kicking the can down the road.
treysparker 7 months ago
That excuse is what's being used at my current employer. They got over 15 million in fed funds and another 1+ mil from the state and Scott Walker and they have built a new building, new equipment, gained many HUGE contracts in the last year, have had record profitable quarters for the last 2 years,publicly said they would hire at least 150 people and they have yet to hire a dozen over 6 months after the fact. This is what ALL businesses are doing, they take the welfare and reneg on the promises.
TheUSMetalhead 7 months ago
What do people think a recession and depression are? It's when supply outstrips demand. It should be obvious that you don't grow the economy by making the rich richer.
bluesenshi 7 months ago
I hope TYT keeps these guys around, unlike OTHER hosts *cough*blonde girls*cough*
Zehcnas89 7 months ago
job growth........thats 40 trillion dollar question
TQXPreturns 7 months ago
MMM HMMM
fauxman 7 months ago
WTF, where's the Traveling Wilburys music coming from in that clip?
JunkCCCP 7 months ago
JIMMY!!
jlopez9090 7 months ago
This Jimmy Dore dude is so much better than all the other Young Turks fill ins. God.
RogerW1776 7 months ago
Why would a company pay it's employee's more money just to try to see it come back to them? That's one of most ignorant economic arguments i've ever heard that wasn't meant to be a joke in the first place. Think of the livelihood someone in United States has (even the 'poor') compared to those in underdeveloped countries, or any country 100 years ago. The fruits of innovation are all around us, yet people like this squander the opportunity to enjoy it and complain about a 'lack of improvement.'
dustinthegael 7 months ago
To all you jerks who kept criticizing the women.THANKS now look at what we have to look at.
ew4400 7 months ago 39
@ew4400 you want looks? get your news from E!, i'm here to know wtf is going on around me
geropac 7 months ago
@ew4400 You actually watch the videos? I play the video, then go back to my video game or whatever else I'm doing.
AssRapingHorseCock 7 months ago
@ew4400 the hell r u complaining about, these two are intelligent and funny.
drpeppa2357 7 months ago 2
@ew4400 The woman is GREAT, and the guys are GREAT. end of story.
Wiseguyzmoney 7 months ago
@ew4400 Don't just watch....you have to listen too....
phester061594452 7 months ago
@ew4400 go look at some porn if you want to see some titties, this is a political news show
eight18 7 months ago 2
@ew4400 I don't care what I'm looking at. If you want to see hot girls, there's plenty of porn available for free. These two guys make good points in a short period of time and they are naturally funny and entertaining. Those two blondes truly have had nothing interesting to say so far.
pureevilfnord 7 months ago 2
@ew4400 I would much rather watch TV's Frank than those dipshits.
IcyKitty 7 months ago
@ew4400 The amount of likes vs dislikes on the vid proves you wrong.
Comp3630 7 months ago
@ew4400 If you're here just to watch hot chicks you probably would be a lot more satisfied with porn.
Vr4z1el 7 months ago
1st Segment: Cenk,Jayar>Jimmy,Ben>Richard>Micheal,Frank
2nd Segment: Anna,Cenk,Jayar>Jimmy,Ben>Richard>Micheal,Frank>Misty>Jacki
iamtheplauge 7 months ago
Company's and rich people are putting people to work....Just not in this country.
bigcomcast 7 months ago
I like Jimmy--- ANYTHING IS BETTER THAN THOSE AIRHEADS!
andiamoci22 7 months ago
People think the rich are the "leaders"? They are sheeple as well, just run with a different flock. The corporate task masters are influenced by the same social dynamics, they won't invest in America because of fear of economic slow down, which in turn causes economic slowdown which in turns self fulfill their own predictions..
Same social dynamics going all over America. Americans as a people are a morally and fiscally broken. They betrayed all their values (ie torture, human rights, etc..)..
ddnguyen278 7 months ago
when are these two progressive idiots going to call out Georgie Soros, he's a bigtime hedge fund operator, and put his feet to the fire w/r to job growth? Oh I forgot, georgie the super progressive operates offshore but wants other rich Americans who already pay just about all income taxes to pay more!
call out the CEO of GE, Obowma's main adviser, and put his feet to the fire asking him how come GE don't pay corporate taxes and why is it that the CEO is a jobs Czar but GE outsources jobs? ha
genie0390 7 months ago
@genie0390, Yet if George Soro's was a fire breathing republican doing the same damn thing, you would be on here crying about how his taxes are too high. It's funny that ever Since Fox started on the whole "GE pays no taxes and outsources jobs", you drones have been bitching about it while defending OTHER company;s doing the same fucking thing....simply amazing.
TheDalinkwent 7 months ago
Supply side economics doesn't work. How ridiculous is that. At least act like you know something about economics. Supply side is very important. Supply side is less necessary when demand is down, and demand is more important, but to say supply side economics doesn't work you just sound stupid.
TheFatboy1800 7 months ago
I'll send him cheesy movies/the worst I can find (la la la!)/he'll have to sit and watch them all/and i'll monitor his mind (la la la!)
MST3K forever :)
WrathOfNolla 7 months ago
MMM HRMMM
What the fuck.
MrWilson512 7 months ago
@ARom5000 Yeah finally they found a good one.
Alex703rockstar 7 months ago
i like these guys
mycomama 7 months ago