• GoofSchmoofer@lemmy.world
    link
    fedilink
    arrow-up
    16
    arrow-down
    2
    ·
    edit-2
    5 days ago

    as an aside - Read somewhere that this argument that the government can’t afford all of these things like healthcare, infrastructure, etc. that would help most people is bullshit. Since the federal government prints it’s own money there is nothing that it can’t afford. We spent 3 - 8 trillion on the Afghanistan and Iraq wars alone. And when people argue that it will increase inflation - sure maybe, but if you tax wealthy people more it can cover part or all of the newly printed money.

    Note: I’m a bit of an idiot about this stuff - so this article could be completely off base and I just wouldn’t know.

    • jacksilver@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      5 days ago

      Printing money isn’t usually a good idea as it generally causes inflation/devaluation of the currency. So while the US could do it, the outcome would probably be devastating.

      In basic terms, the more of something you have the less valuable it becomes. This works for things like trading cards/collectibles, but also applies to money.

      A good real world example of this recently was the pandemic. Between reduced spending (due to be cooped up) and stimulus money (ppp loans, checks, etc.), a lot of Americans came out of the pandemic looking to spend. This huge surge in spending meant a lot of people fighting over a set amount of goods (since during the pandemic manufacturing took a hit). So high demand and low/constrained supply leads to rising prices. So while people have more money, that doesn’t necessarily mean they can buy more things.

  • Doomsider@lemmy.world
    link
    fedilink
    arrow-up
    22
    ·
    edit-2
    5 days ago

    Garbage people produce garbage ideas.

    Why not pay off the debt by reducing military spending by 90% for the next thirty years. We would still be in the top three countries for military spending.

    This shitty idea is a thousand times better than anything Oz could come up with.

    • BanMe@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      4 days ago

      Also, you know, making the rich people pay even the same taxes WE pay, let alone the 50-90% marginal rates from decades ago, when the country was strong.

  • pyre@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    4 days ago

    who gives a shit about your stupid debt. if you have debt ask your billionaire friends to spot you.

    • SippyCup@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      4 days ago

      Name one person uplifted by Oprah that’s not a fucking ghoul.

      Dr Oz, “Dr” Phil, John of God, each more evil than the last.

      At least Dr Oz is legitimately a good heart surgeon. If that’s all he ever did he’d have been a net positive on the world. As it is, he’s caused far more harm to more people than he ever helped.

  • SnarkoPolo@lemmy.world
    link
    fedilink
    arrow-up
    10
    ·
    4 days ago

    Sell yourself to indentured servitude at 18 and work until you’re found dead by the janitor. Your corporate masters need a new Ferrari!

  • Soup@lemmy.world
    link
    fedilink
    arrow-up
    20
    ·
    4 days ago

    We’re constantly more productive and never see a reduction in work hours, only more work. You bring this up to one of these fucks or their simps and they say “sure, but when will the work get done?” as if that comment makes even the slightest amount of sense.

    The very first thing we all need to do is stop working so hard. The rich don’t have any real skills and they have no power without the people they exploit.

  • Bloomcole@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    4 days ago

    You do as good as nothing effective against fascism.
    You’ll take this too and will keep eating shit until some of you grow a spine

    • BanMe@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      4 days ago

      Space X/X AI/Twitter (soon to include Tesla in a giant Xterfuck) will soar to all new market caps.

  • Rooty@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    5 days ago

    Increased productivity means jack shit when the results of said productivity are being sucked up by people at the top.

  • AutistoMephisto@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    5 days ago

    Of course, I’ve already seen this future. As soon as you have a meaningful amount of labor value to extract, it’s straight to work for you. You work until all your labor value is extracted. “Oh, you’re ready to retire? Well, alright. If you’ll just come back here behind this woodshed and face the wall, we can discuss your plans.” Your boss says as he pulls a revolver…