36.5 trillion in total national debt
Increasing by 1 trillion every 100 days
Thats by 10 billion per day
Thats 417 million per hour
Thats 6.9 million per minute
They need to cut more of this kind of stuff, not less.
Way more.
Increasing by 1 trillion every 100 days
Thats by 10 billion per day
Thats 417 million per hour
Thats 6.9 million per minute
They need to cut more of this kind of stuff, not less.
Way more.
What is $1 billion to destroy a political career over $10 billion in taxes?
The rich can be exploitative of the poor relative to themselves and heavily motivated by greed;
But it can be equally true that the poor hate the rich with motivations based on greed and envy themselves. Poor people, ironically, can be extremely greedy, more greedy than many wealthy people - they aren’t incompatible.
I’m not taking sides on this one.
What an odd argument.
Is it because they subvert the will of the people, and subvert what is good? If so, I agree, they must be stopped.
Is it just the principle of the thing, how dare they be so rich, when so many people aren’t? If so, that’s envy, and cannot be accepted.
> put it into advertising to make sure not one involved politician wins an election ever again.
That’s what happened in 2024 and we are facing rising inflation and a severe recession in the middle of a constitutional crisis. It’s unclear to me why anyone would think that the people who orchestrated that should be catered to.
They can move at any time, anywhere.
There will always be a country that will receive them with open arms.
Income redistribution will never happen.
> Maybe stop giving tax cuts to rich people
Nor did I write anything about "significant tax hikes".
How do you get from these comments to significant tax hikes? Not giving tax cuts to the wealthiest of Americans and not increasing our deficit further is not the same thing as a significant tax hike. If you cannot distinguish these two things, I don't know how any productive conversation could ever be had here.
And if billionaires choose to leave the US to avoid these non tax-hikes, that's their choice. But most countries they'd presently opt for do tax higher than the US does.
1. Inequality has been constantly decreasing for most of the 20th century, worldwide.
2. Income redistribution has happened multiple times throughout history, and you can argue about the process and also about the results but it has happened repeatedly (French Revolution, Communist Revolution in Russia and all associated revolutions and coups, etc, etc).
The Communist revolution initiated a sequence of events that make communism the #1 cause of death ever. From purges, to famine, wars...
Deng Xiaoping's communism is a completely different thing.
Umm... I see that you were schooled in the Anglo-American tradition (classical Conservative, I guess Edmund Burke?).
Let me expand on that... the French Revolution was a mess, like any revolution, that's true.
A mess that:
- shattered MANY legal abuses (primarily stemming from divine right, feudalism, etc) in a lot of Europe, in about 3 major shocks (the initial one which led to the fall of the Holy Roman Empire, then 1848, then slowly to the abolition of any feudal remains around 1918)
- greatly expanded personal and collective freedoms in Europe, freedoms that weren't abolished even by the "tyranny"
- served as a model for a better society for many oppressed countries and regions in Europe (I come from one, Romania)
And it did not end in a tyranny. It went through mass executions, lead to an absolutist regime, back to a monarchy, then back to a democracy, then back to a monarchy, and then finally back to a democracy, for good. All of that was started and made possible by the French Revolution.
> The Communist revolution initiated a sequence of events that make communism the #1 cause of death ever. From purges, to famine, wars...
That's only if you look at global Communism like a single phenomenon and you consider say, monarchy, as a set of disjointed ideologies. Communism also brought great equality in countries that were some of the most unequal and abusive on the planet, it greatly accelerated women's rights to the point to this day, Eastern Europe (for example) has more equal political representation and more women in STEM than Western Europe.
You could argue that fear of Communism also led the West to adopt policies such as high taxes on high earners, that led to more equality during the post war era. Look at what's happening now when Communism is basically gone for good. The US is falling back into a Gilded Era.
Maybe the public will just not know the numbers anymore.
Either way, I am not from the US, so I read these threads for my own amusement. I am fine with what is happen over there, in a way I wouldn't be in my country of residence :)