extremely high minimum wages, fixed prices for food, state-sponsored housing, etc.
Ooooooooo scary!
Totally the same thing as literally exterminating entire groups of people based on characteristics they were born with.
In all seriousness though, you should look at what Finland has done regarding “public housing,” and how great it has been for them. Spoiler alert, they’re actually really nice, and affordable. Because nobody is looking to maximize a profit.
But please, let me know how “Finland is much smaller than the US, therefore impossible.”
Well yes. They can go for it because they considering their size, they have a strong economy. They are literally the 3rd
most prosperous country in the world.
If you can afford it, go for it but firstly you need to make the money.
The right side is fascism, the left side is plans to raise the monthly minimum wage, impose price ceilings on essential foods, electricity, gas and petrol, repeal Macron’s deeply unpopular decision to raise the retirement age to 64, and invest massively in the green transition and public services.
Exactly those are the views you mentioned. All these are extremely expensive and financing all of them without the debt increase is practically impossible. Combine it with almost no relevant plans how to improve economy and you have got quite a dangerous situation. You cannot just spend money without earning it.
That’s not how modern monetary policy works, by the way. The US dollar has a ton of power worldwide for many reasons, so we determine what our money is worth, period. This is why every time the US government has spent money on “demand side” solutions (stimulus checks, etc.) they have provided nothing but upside.
This little trick that capitalists don’t want you to know about: it’s all bullshit. They want us to keep injecting cash into failing banks rather than just paying for people’s garbage mortgages.
We owe nothing to nobody because those debts will never be paid (who would they even be paid to?).
There is zero practical reason (beyond “oh no, billionaires and multinational corporations need to pay taxes wahhh”) that we cannot spend as much money as we like on every social program we like. Prove me wrong (or just read about “Modern Monetary Theory” as I’m not an economist).
For example, one third of population lived in poverty (in Greece) due to economic crisis. Is that not enough to take responsible money management seriously?
Raising the standard of living and improving the purchasing power of the individual DOES improve the economy because it enables more people to spend more on foods and services. They are financed by raising taxes on the ultra wealthy and corporations. The money is already earned, the difference it whether it gets pocketed and horded by executives or recirculated into the economy by improving the standard of living of the populace
Those ultra wealthy people and corporations are not that stupid. If they see they can exist and pay less in a different country, they will just move. Everyone will be happy apart from the country which rose the taxes.
Of course that rising living standards improves economy but not in a way where you just sponsor good housing for your whole population.
Yeah, quite a tough decision to choose between 2 extremists :|
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Any factual argument or just ad-hominem?
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It’s hard to judge whether extreme right or extreme left is worse. They are both dangerous for a country, though in a different sense.
I personally am not in the exact middle but being radical is not a choice.
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Usually the surreal ones such as extremely high minimum wages, fixed prices for food, state-sponsored housing, etc.
Basically all actions that look very good on paper but at the same time are extremely expensive.
You view those as similar in extremism to Nazis? That’s a self report right there.
I would say nazis and communists are equally as bad and equally as dangerous.
Ooooooooo scary!
Totally the same thing as literally exterminating entire groups of people based on characteristics they were born with.
In all seriousness though, you should look at what Finland has done regarding “public housing,” and how great it has been for them. Spoiler alert, they’re actually really nice, and affordable. Because nobody is looking to maximize a profit.
But please, let me know how “Finland is much smaller than the US, therefore impossible.”
Well yes. They can go for it because they considering their size, they have a strong economy. They are literally the 3rd most prosperous country in the world.
If you can afford it, go for it but firstly you need to make the money.
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do you even hear yourself jfc
Are you from the past? Like 2014?
Your comments is literally just ad-hominem too bruh.
I have just pointed out that both sides have extreme views that are dangerous.
What extreme views are coming from the left side?
The right side is fascism, the left side is plans to raise the monthly minimum wage, impose price ceilings on essential foods, electricity, gas and petrol, repeal Macron’s deeply unpopular decision to raise the retirement age to 64, and invest massively in the green transition and public services.
How are those ‘exteme’ and ‘dangerous’?
Exactly those are the views you mentioned. All these are extremely expensive and financing all of them without the debt increase is practically impossible. Combine it with almost no relevant plans how to improve economy and you have got quite a dangerous situation. You cannot just spend money without earning it.
That’s not how modern monetary policy works, by the way. The US dollar has a ton of power worldwide for many reasons, so we determine what our money is worth, period. This is why every time the US government has spent money on “demand side” solutions (stimulus checks, etc.) they have provided nothing but upside.
This little trick that capitalists don’t want you to know about: it’s all bullshit. They want us to keep injecting cash into failing banks rather than just paying for people’s garbage mortgages.
We owe nothing to nobody because those debts will never be paid (who would they even be paid to?).
There is zero practical reason (beyond “oh no, billionaires and multinational corporations need to pay taxes wahhh”) that we cannot spend as much money as we like on every social program we like. Prove me wrong (or just read about “Modern Monetary Theory” as I’m not an economist).
Have you heard about what happened to greece?
For example, one third of population lived in poverty (in Greece) due to economic crisis. Is that not enough to take responsible money management seriously?
Raising the standard of living and improving the purchasing power of the individual DOES improve the economy because it enables more people to spend more on foods and services. They are financed by raising taxes on the ultra wealthy and corporations. The money is already earned, the difference it whether it gets pocketed and horded by executives or recirculated into the economy by improving the standard of living of the populace
Those ultra wealthy people and corporations are not that stupid. If they see they can exist and pay less in a different country, they will just move. Everyone will be happy apart from the country which rose the taxes.
Of course that rising living standards improves economy but not in a way where you just sponsor good housing for your whole population.