POG Politics Thread Version 3

Dan Rather Facebook post:

Kind of funny.

In what sense does the federal government not "control spending"?

What exactly is the issue with a "deficit"?

What economic indicators showed that there was any trouble with the US economy before Trump unilaterally crashed it?

invest in friendships, mental health, and gambol on btc

rental income property might make some money, but it's not worth it to exploit renters for being poor, and needing shelter... same goes for weapons, prisons, and other immoral ****. selling heroin to addicts is more respectable, and snatching purses.

A government is not a business.

Businesses exist to extract value from asymmetries of information and access.

Governments exist to create value from collective bargaining and economy of scale.

The two are fundamentally antithetical in both means and ends.

For a government to make money, it would be drawing more value from its citizens than it provides in return. This is essentially what every revolution is fought over.

since when are blue-collar factory jobs considered "middle class"?

The market has determined that American cars are worse than Japanese cars. Japanese cars cost more, and yet they are all over the place here.

Now that Japanese cars are going to cost X amount more, with the price demanded for cars not being impacted, American cars can sell for more. This is "inflation".

The idea that "more factories will be built in America" requires more startup capital (and risk), which means more costs to be deferred onto consumers. This is more "inflation".

When did the GOP forget about comparative advantage??

American car companies are now also structurally disincentivized to improve their products relative to Japanese or other products; they don't have to, Nanny State is protecting them from having to compete on the merits of their products.

I thought govts were supposed to organize societies

Societies are self-organizing.

Governments are an organizational layer superimposed (ideally) to facilitate sustainable cohesion while providing for perpetual growth.

In one specific way; enforcing and enhancing class distinctions.

At least, that's what Lenin would say.

that famous quote "ask not what your country can do for you, but what you can do for your country"

ironically I think(at least currently) the best thing people can do is force their govts(esp in America) to serve the needs of the people, eg to protect the environment, provide healthcare, education, housing, regulate the rich, basically to protect us from the wealthy

and I say esp in America cuz America exports a lot of misery around the world