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Home / Video / The, “I’m a social liberal and a fiscal conservative” nonsense.

The, “I’m a social liberal and a fiscal conservative” nonsense.

Summary:
Nearly everyone who says this doesn’t know WTF they are talking about.

Topics:
Mike Norman considers the following as important:

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Nearly everyone who says this doesn’t know WTF they are talking about.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

24 comments

  1. Factories, mills, mines, railroads, shipyards and all other place of work, need to be run democratically by the workers for the workers – with more or less equal pay. Why praytell, are a few bosses astronomically rich while those who work can barely afford housing? That’s exploitation: wage slavery pure and simple.

  2. @GeorgeSchneider8889

    ❤❤❤

  3. totally agree… it just makes them think they are smarter than everyone else. glad to hear you wont be transforming into Michelle… 🤣😂 poor Tampon Tim…

  4. The government prints money currency. The productive people create the value represented by currency. Government distributes currency. Without productive people, the currency is worthless, and there is no government.

  5. @thisisyourcaptainspeaking2259

    Thank you Mike.
    Not synonomus with fiscal socialism (tax the rich to pay for social program expansion)?

  6. Mike ,You are f. right…
    Cultural liberal, includes social conservatism,- woke is not liberal…

  7. The only problem with so-called “facial conservatives,” whether they be Republicans or Democrats, is they are never fiscally conservative when it come to Wall Street bailouts or tax cuts for their corporate donors, and funding endless war for profit. They are only fiscally conservative when come to anything that would help the American working class, like Universal healthcare, raising the minimum wage or education. The “How are you gonna to pay for it?" propaganda peddled by the neoliberal deficit hawks and PAYGO austerity hacks is just a way for the political elite and the corporate masters they serve to impose artificial scarcity (manufactured inflation) on the working class.

  8. When people say they’re social liberal is basically another word for advocating a type of anarchy where they think that government is alway out there to get them. Just how much the word “social liberal” has been twisted. If you are a “social liberal” then you should advocating for institutionalism, things like “free health care, free education” things like that.

  9. Largely in agreement. We need a return to social conservatism.

  10. @tohellorbarbados4902

    How's about all this shit about Trump and Musky cutting a third out of US Govt expenditure?

  11. @davidguerrero1636

    the woke thing is a straw man pushed by the right

  12. It's Libertarians that go around saying that crap. You on the other hand are falling into the divisive culture wars that are invented to divide people and deflect from the austerity of the working class and the give away to the wealthy. It's Mont Pelerin society brain-washing.

  13. Chipmunks are fiscal conservatives.

  14. Thanks for the thought-provoking topic, Mike. I'm conservative and will stick with that.

  15. Get off your high horse and make effect, sir, to understand that the inflation economy does not work for half the country. Most working people don’t have money to invest like Mike! This isn’t post WW2 boom, this isn’t post tech wreck where they flooded cash, this isn’t post bank/ mortgage crisis where they flooded free money again so working guys are fucked and getting divorces, etc.This isn’t post Covid where guys like you, again, made a killing while small business and local jobs to the Costco’s and target. Look at the fucking endowments and profs and admin salaries for what? Fake degrees? while the working guy gets fucked on inflation. Do ever meet working guys fixing your roof, mike, a plumber, repair your road? Your MMT screws these class of people Hey Mike try to talk like this working guy, I go sparring with the class your MMT is screwing. You ever think of that tough guy. The gym rats, the workers supporting your life, and you have the fucking nerve to come here and talk like you’re a working guys. You’re the kinda guy I would love to bitch slap. Phoney

  16. qe = inflation

  17. According to ur rationale, nothing u have is urs, it belongs either to its producers, or to ur recursive predecessors.

  18. You're not bright…

  19. @patrickvernon4766

    Those people are the absolute worst

  20. Mike u look great man for ur age I’m a young adult nice content bro📈🔥💯

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