Formerly Howeller, lost my account.
Formerly Howeller, lost my account.
Every time to government ends up getting that involved in the economy it goes wrong, the government is a bad producer that's what history has taught us.
Their involvement should only be to regulate and stimulate the economic engine nothing more. So they can take over easily but won't ever be successful due to its restrictions, even in China they got this and let the market and businesses do their thing while only creating a frame work to support their industries.
As for the thread in question, rather obvious one has an actual policy and plan the other is merely ideological nonsense with no viable long term plan much like communism, i guess that's why republicans like the USSR? I mean all they really are about is deregulating and self enrichment there's no sustainable long term plan, that and socialism republicans love government subsidies into industries with no future and purely for electoral motivations.
Yea, the only viable solution I can think of is making sure every citizen is well educated.
I rather not go into great detail on how to achieve that; but with educated citizens it makes it very hard for the corrupt to convince people to vote for them.
Because for the most part the well educated will scrutinize the hell out of a person before voting for them.
It does not need be returned to a privitized state.
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And lo and behold, China also has increasing wealth gaps and terrible working conditions. That it will be less profitable is really something I could give less of a fuck about it, its about making sure nobody is earning billions.
The lower classes don't benefit from them getting rich at all, the trickle down theory does not work.
Why do you even need to trap the rich? America has more than enough money to fix 99% of its social issues and provide European level social security and socialised medicine and still have spare change left over.
Yea the rich in America have it easy especially tax wise but its not because america needs there money that Americans don't enjoy the same average quality of life Europeans do and services from the state.
Its something that gets totaly ignored in these left v right wing spats, and they tend to devolve into how to get money or if you should get money from the billionairs..... but america as a country already has enough money and then some to do what ever it wants. It spent over its national debt just in bailouts from the 2009 crisis.
Last edited by Monster Hunter; 2020-10-20 at 03:55 PM.
I meant returned to nationalized... though on the trickle down theory it is an extremely accurate and potent system but it relies on a stable population.
The theory only works in highly closed off systems.
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A good question and one I honestly don't know enough to comment on beyond speculation... I think that exaggerates just how much wealth America produces but like I said it's not an in depth examination of it.
Which don't, and never will, exist. Even in a closed system it assumes and requires constant reinvestment and spending and falls apart once rich folk start hoarding money.
Trickle down has literally never, ever worked. Every Republican attempt, the most recent in Kansas - https://www.cbpp.org/research/state-...-side-tax-cuts
Who tried the, "If we give businesses and rich folks more money the economy will go great!"
And the Republican legislature then had to override the governors veto to raise taxes again, as the states economy tanked and they ran out of budget cut options after gutting education and other services.
It's not accurate because it exists only in theory.
Last edited by Edge-; 2020-10-20 at 04:04 PM.
Folly and fakery have always been with us... but it has never before been as dangerous as it is now, never in history have we been able to afford it less. - Isaac Asimov
Every damn thing you do in this life, you pay for. - Edith Piaf
The party told you to reject the evidence of your eyes and ears. It was their final, most essential command. - Orwell
No amount of belief makes something a fact. - James Randi
No, that's not where it falls apart. See the Kansas link and you can look into more studies on the topic.
It's not a fault of excess labor, but one that falls apart because it requires a closed system of constant spending and investment which simply does not, and will never, exist. This is basic economic theory shit that even I covered off in my old Poli-Sci days in college long ago.
Folly and fakery have always been with us... but it has never before been as dangerous as it is now, never in history have we been able to afford it less. - Isaac Asimov
Every damn thing you do in this life, you pay for. - Edith Piaf
The party told you to reject the evidence of your eyes and ears. It was their final, most essential command. - Orwell
No amount of belief makes something a fact. - James Randi
Prior to Covid the unemployment rate was sub 5 %, which is not a large enough excess of labour for the theory of competitive wage negotiation capacity to hold. It needs to be double digits before you see marginal effects from it, and do note it is marginal, only once you have excess closer to 1/4 of the population does its effects have observable effects.
Formerly Howeller, lost my account.