THE BEAUTIFUL BUDGET
I don't think it's very beautiful, from what I've heard about it.
No need to increase the military budget, let alone a la
Never said the infrastructure, and it could start to resemble 3rd world in approx 50 years maybe sooner depending on how well the US dollar holds up.
We will have an elite class with very little middle class like a 3rd world country. We've already made significant "progress" towards that.
The standard of living for the working class/middle class will continue to go down.
Or like every country in the world before leftism?
Predictiong the future is hard. If AI/energy breakthroughs happen in the next 20-30 years like some expect then living standards probably aren't going down and things like the debt will become obsolete problems.
Except the planet is burning, but hey.
So having a middle class is a bad thing and has leftish value huh.
Funny, since I don’t know many countries thriving with no middle class while they all thrive when they hold a strong middle class ….
Again tell that to Joe the democrat waiter raking in $10 per hour while you subsidize Megan the leftist lady fat studies
You believe joe the 10$ Democrat Waiter pays a lot of taxes huh ?
Probably doesnt cover his own cost to society but let’s not that stop you ….
Predictiong the future is hard. If AI/energy breakthroughs happen in the next 20-30 years like some expect then living standards probably aren't going down and things like the debt will become obsolete problems.
how would that work out ?
So having a middle class is a bad thing and has leftish value huh.
Funny, since I don’t know many countries thriving with no middle class while they all thrive when they hold a strong middle class ….
Having leftism is bad and before it there was no middle class.
If a middle class emerges (or stays) when we remove leftism then I have no problem with it existing.
The UK was the most powerful country in the history of the world at the time for like 200+ years without a sizeable middle class.
You believe joe the 10$ Democrat Waiter pays a lot of taxes huh ?
Probably doesnt cover his own cost to society but let’s not that stop you ….
No, but I believe it gets quite mad at the idea that if some money is around, it get spent on the fat studies lady debt and not to help him pay rent
Again tell that to Joe the democrat waiter raking in $10 per hour while you subsidize Megan the leftist lady fat studies
I don't understand what you are getting at. Democrats support these things and Republicans don't
Having leftism is bad and before it there was no middle class.
If a middle class emerges (or stays) when we remove leftism then I have no problem with it existing.
The UK was the most powerful country in the history of the world at the time for like 200+ years without a sizeable middle class.
Strong middle class in the US between 1950-1980 was such a bad Filthy leftwing country …
Yes go back 200 years since u cant find much luciotopia great living standard with your value since u cant find any after that….
And going back so far away 200+ years , its hard to proves your story is wrong since its hard to find anything about it so far off …
No, but I believe it gets quite mad at the idea that if some money is around, it get spent on the fat studies lady debt and not to help him pay rent
Changing tune again ?
So 10$ waiter actually do not subsides anything ….thx .
Well it does seem like debt potentially has already become an obsolete problem. You just keep raising the ceiling stacking on more of it and nobody cares, faith in the us dollar is always maintained.
Of course I do bet this kicking the can down the road method will fail at some point but so far it's been remarkably effective.
Well it does seem like debt potentially has already become an obsolete problem. You just keep raising the ceiling stacking on more of it and nobody cares, faith in the us dollar is always maintained.
Of course I do bet this kicking the can down the road method will fail at some point but so far it's been remarkably effective.
Ah ok yes, if he means that method ok.
I thought he meant paying it down or make it much smaller.
Usually technology is deflationary while making debt bring irrelevant u need inflation so I wonder how to Connect the 2 .
Once he starts ranting about the dangers of liberalism all bets are off. He will say anything at any time in the heat of the moment
What you’re remembering is when Lucy was in his ‘just asking questions’ phase before he went full 100 posts per day pedal to the medal dollar store Mussolini
Love the argument that historical empires didn’t have a middle class so it must be a bad thing.
Aztecs dominated the Americas for hundreds of years with a clear line between those whose beating hearts get carved out of their bodies and those who don’t! Clearly their mysterious fall was caused by LEftism overturning this natural social order.
never said it's then has to be a bad thing. i said it isn't needed for a society to be successful.
So again, can u name one post industrialisation?
You know in the modern times we live in ?
Should be easy to find examples if its that successful ?
Usually, people try copy success right ?
Ps: surely the economic rise of china isnt corrolated at all with an increasing middle class…
Those damn leftish !
So again, can u name one post industrialisation?
You know in the modern times we live in ?
Should be easy to find examples if its that successful ?
Usually, people try copy success right ?
Ps: surely the economic rise of china isnt corrolated at all with an increasing middle class…
Those damn leftish !
I already named one post industrialization, the UK.
China has higher income inequality than most first world countries.
I already named one post industrialization, the UK.
China has higher income inequality than most first world countries.
What year u referring at ?
The rise of a distinct and significant middle class in the UK is often associated with the Industrial Revolution and the Victorian era (late 18th and early 19th centuries). While elements of a middle class existed earlier, the Industrial Revolution and subsequent economic growth dramatically expanded the number and influence of this social group.
Elaboration:
Pre-Industrial Revolution:
Before the Industrial Revolution, there were sections of society that were neither aristocracy nor the lower classes, but they weren't yet a unified, powerful middle class.
Industrial Revolution:
As the Industrial Revolution gained momentum, a wealthy, educated, and influential group of men emerged, particularly in cities and industrial centers.
Victorian Era:
The Victorian era (1837-1901) is often seen as the time when the middle class truly came into its own, with a significant increase in both numbers and influence.
Increased Influence:
Members of the middle class, fueled by their wealth and education, gradually exerted more political and social power, challenging the traditional dominance of the aristocracy.
Economic Growth:
The Industrial Revolution and the expansion of trade and industry contributed to the economic prosperity that allowed for the rise of a substantial middle class.
Social and Political Changes:
The middle class played a key role in social and political changes, including the 1832 Reform Act, which expanded the franchise and reduced the power of the aristocracy.
I mean don’t u have any « recent » modern examples ?
U have to go over 200 years ago ?
I mean I cant believe the entire world is dumb and you are the only Genius that knows the real truth that true prosperity is made without a middle class ….
In others words, what reasons would push everyone to not aim at a great society you are describing if it would be so successful .
"...is compelling evidence to support the idea that reforming a high rate tax system with large loopholes into a fairer lower rate system can boost economic growth and median incomes."
Advocating for policy about who gets what&how doesn't fit into the definition of politics? I think it does 😀
Advocating for the most efficient tax system that produces the highest GDP and income growth rates benefits everyone.
We have a strong middle class that’s in no danger of fading away. The problem is those evil billionaires keep inventing new things like super cheap internet shopping, the first successful EVs and reducing the cost of space access by 90%.
We need to limit the ability of people to get obscenely rich by inventing things that improve everyone’s living standards. Then we can have a much fairer distribution of income, like India does.
None of those things improve anyone’s living standards outside of the edge case of STARLINK in an area where no other internet service exists
