I have written papers of and defended Supply Side Economics since I was 22, and still haven't changed my mind.
may we see the papers you have written
>>538656360That would dox me which would be a problem. I have a corporate job and if I end up in verbal arguments that lead to nasty insults within this thread, I wouldn't want to be sent to my boss.
>>538656421understandable have a good thread
>>538656321JUST HAND OUT FREE MONEY TO THE USELESS EATERS BECAUSE REASONSt. GOMMIES
>>538656321What is your gross worth? What is your approximate age? I've found these two factors influence trickle down sentiment more than any other.
>>538656321In theory it works fine; it just can't survive contact with judaism.
>>538656471Appreciate it.>>538656490Literally.>>538656543I'm 26 now and my net worth is about $170k, my salary is $60k.I have maintained these beliefs through a period of unemployment, and a period where I believed I got an ultra high paying job at xAI which turned out to be me misreading an email confirming a final round that ultimately rejected me.My beliefs don't change based on my personal wealth status.>>538656677Unironically we haven't had real trickle down economics.Reagan may have cut marginal tax rates, but he increased government spending, we supplemented taxing the rich with borrowing from the rich. Borrowing is even worse for the economy than taxation because at least with taxation, some of the money would have been used for consumption, with borrowing, almost all would have been used for investing.
>>538656804>I'm 26 now and my net worth is about $170k, my salary is $60k.I said gross not net. Either way you have more wealth than probably 95% of people your age so your outlier opinion doesn't matter much. In addition to that you're only 26. You're still a young idealist bragging about maintaining the same views for only 4 years. Many of us were all about capitalism and trickle down when we were in our 20s because we identified more with the upper class.
>>538656957For a period I felt broke because everybody online is saying "100k is poverty bro you need $250k to be comfortable minimum".Obviously, that's bullshit, but my point is my opinion didn't change through periods where I felt lower class. Especially since many of my friends from my school earn more.I used to earn more before my previous company went through layoffs and I had to get a lower paying job.
>>538656957Also... these ad homs don't really address the root arguments.If I was poor, my opponents would say I'm a cuck not defending my own interests (even though Trickle Down economics is in the long term interests of the poor).If I'm rich, then I'm just selfishly defending my own interests.It's a pointless non-sequitur that doesn't really serve a real purpose.
>>538656321Do you think trickle down economics work if say The people at the top learn that the end of the world will be happening in two months.Say if they were privvy to some disaster. would the money still trickle down.Or perhaps put in a straight forward way. in what circumstances does trickle down economics not work?
>its been decades>any day now it will start trickling
>>538656321>Supply Side EconomicsTHE PROBLEM WITH THIS IS THE AVERAGE PERSON SPENDS THEIR MONEY LIKE A RETARD
cool, so you're the worker chasing crumbswhy aren't you building something worth owning so you can accumulate real generational wealth?why chase the drip fed crumbs like every other slave?extraction and compounding is the model.i take capital from lower-yield hands and make it grow exponentiallythe trickle you see at the bottom is exactly what i allow after my returns are locked inthat's the only flow you'll ever get unless you build somethingbasic math
>>538657681Exactly. We allowed the people on top to have every possible advantage because they said the excess would run down hill to us and what happened? They sent all the jobs overseas to make MORE money. They imported millions of foreigners to suppress wages and make MORE money. None of those massive saving were EVER passed down to us.
>>538656321Why is Chinese Communism outperforming Capitalism?
>>538657642If the end of the world was happening in two months we'd be fucked no matter what.> would the money still trickle down.Their capital would still theoretically be invested i in the economy, so yes. You should learn about capital theory. The wealthy have an incentive to make more money, to do that they must reinvest, reinvestment increases productivity which benefits everybody.>>538657681We've been doing your socialist shit for four decades now and wages have declined in real terms. Time to bring back trickle down>>538657826Without immigrants wages and GDP will crash. You either need to have kids or import foreigners. If you would prefer the former, ok, same... we need to get Americans to have more children via incentives.
>>538656321fuck off faggot ass nigger
>>538657736And that's why we cut taxes on the wealthy, the wealthy, and those who save/invest get rewarded... get more capital, have more money... and can invest more.Supply side economics solves this exact problem. The retards who spend their paycheck on dumb shit remain poor, the Chads who invest and reinvest get richer.Supply side economics transfers wealth and capital from the retards to the fiscally responsible.
>>538657793>cool, so you're the worker chasing crumbsI'm part of the elite, just like you are. You're a trust fund socialist, I'm a realist.>why chase the drip fed crumbs like every other slave?You're just a rich kid who blows money on parties, nothing more nothing less.
>>538656321I was born rich and I've never trickled down on anyone. Want me to piss on you?
>>538657992Chinese Communism is unironically more Trickle Down than America.The theory of Trickle Down is that the wealthy have a higher propensity to invest their money compared to anyone else (which is demonstrably true), it's savings and investment that generate productivity and capital stock, not spending. The more the wealthy have, the more investment we'll have.Although China is a command economy, they are INVESTING their capital in new productivity. They intentionally suppress consumption by keeping their Yuan low, running net surpluses, buying U.S debt with their excess dollars. They are REINVESTING.America is a command economy too, the only difference is we command capital into the welfare state and military spending, wasting it. We borrow trillions from China, the wealthy, and institutional investors, and give it to spenders on social security and medicare. We are spending our way into debt, while China is compounding gains.If America instead ran budget surpluses, we would be beating China. We'd be putting capital back into the investor class, who would then use it to increase productivity, rather than borrow away our surplus wealth to spend on consumers.
>>538658356Is your wealth sitting in cash or is it in assets? If it's assets, it's already flowing in the economy right now.
How does taking money from everyone to prop up poor business strategies supporting the economy?
>>538658471That's not at all what we suggest. We believe capital is better off in the hands of businesses and wealthy investors than it is in the hands of governments who will either waste it or redistribute it to someone who will waste it.
>>538658397The only difference is that if the chinese billionaires dont listen to chinese government they get imprisioned or executed.Trickle down only works if we force them to trickle down.
>>538658540The irony in your post made me poop a little bit
>>538658177>GDP Is having a higher GPD even desirable for 99% of people? California has a higher GDP than every country except the rest of the US, China, and Germany. Does that mean life is better for the average Californian? Can the average Californian afford a house? Can the average California afford to live a meaningful, wholesome life with a wife and kids? I would say not, yet their GDP is sky high. If the lie of trickle down had any truth to it at all then California should be the 4th most prosperous place on Earth with each person being able to easily afford the life they want.
>>538658540Private interests arguably have more pull in government than ever before. Corporate capture and rent seeking are the natural progression of private capital lobbying in government.
>>538656421So, no. Pics or it didn’t happen, bitch
>>538658545Billionnaires don't want to lose to inflation, they will invest their capital in businesses... actually it's already invested in businesses because that's how they became billionnaires.>>538658613GDP is a good proxy but it's often a bullshit measure. I used it as a condensed way of saying productivity.But yeah, you could theoretically 10x the production of TVs, cars, and furniture, but 1/2 the production of food and cause a famine. GDP would be up... but people would starve.>If the lie of trickle down had any truth to it at all then California should be the 4th most prosperous place on Earth with each person being able to easily afford the life they want.California isn't productive though.They produce more bullshit GDP, but they won't produce housing, they don't produce the things people need to live.Texas is the real case of Trickle Down working, they build more housing, they grow more food, things are cheap, wages are high. It's the richest place on earth when adjusting for PPP
>>538656321Why hasn't it ever worked?
>>538656321In my experience, corporations tend to neglect investment in favor of profit taking. To be glib; everything which isn't going to shareholder dividends is theft until proven otherwise.Is this pattern to be expected of companies or do you assess it as being the product of a set of policies by government?Further, what is the expected time scale of the working theory? To elaborate a bit, in the above scenario, we can argue that market dynamics will see poorly run businesses out-competed or otherwise crash and burn to be recycled.If we were to implement the ideal set of policies you propose, at what point would observational evidence be able to verify or refute the success?If it is supposed to take 30 years for everything to stabilize, why should people take on faith that it will work during the first 10?While I am generally more agreeable to anarcho-capitalism, I also recognize that it can fall into the same trap of "yes, but see that wasn't real anarcho-capitalism" - simply because humans will almost never have a true state of anarchy. It's just not how we work and pretending we can change that is just the flip side of pretending we can all become some Soviet NuMan if we cull the heretics hard enough.
>>538658673It sucks but I'd rather that than have the 99% masses get their way.If you actually poll Americans on their actual opinions, they're far left, even Republicans are leftist when you ask them what they think about issues on a 1-1 basis.
This is a kike/ai thread. If OP were legit he'd be seeing data on how trickle down economics was never even attempted in the first place. Dumbass kikes don't know we were libertarian before and are trying to pretend there's random independent partisanships sucking off Israel.
>>538658805It has worked 100% of the time it's been tried.Source:America 1880sBritain 1840sSingapore todayUAE today.
>>538658777How do you cope with established businesses suppressing competition? Supply side economics becomes a game of king of the hill where the guy on top actively curbs developments to remain on top.
>>538658825Corporations make profit by making the optimal use of their capital.If a corporations believes it's better to pay dividends rather than reinvest, that's the markets way of telling that corporation that it has MAXXED OUT its investment opportunities, and those resources are better left for other growth companies that can make a better use of them.Otherwise, you'd have mature companies continiously reinvesting, crowding out resources that real growth companies can use to grow their business.
>>538658837>it sucksYeah, trickle down economics does. It becomes the framework for neo-feudalism where the merchant class becomes the aristocracy and the rest of us eat shit.
>>538658902> If OP were legit he'd be seeing data on how trickle down economics was never even attempted in the first placeI literally said that you illiterate retard. Last time a true free market was applied was in the late 1800s and arguably early 1900s (pre WW1)
Unironic supervillain mentality.Is your intention to have the nicest house on the shittiest street? Totally anti social,and economics is fake faggot.
>>538658540>We believe capital is better off in the hands of businesses and wealthy investors than it is in the hands of governments who will either waste it or redistribute it to someone who will waste it.That's true, all things being equal, since the investor will lose his money if the system he creates is inefficient... But in the hands of a villain, wasted money is better than well managed money. The issue is that the values of the spender and their relationship to the wider public is important, and not just a tangential matter
>>538656321What should be the legal punishment for communits in the west?
>>538658777>They produce more bullshit GDP, but they won't produce housing, they don't produce the things people need to live.Yeah that's typical trickle down. The people with money keep it they don't spread the wealth out of empathy. California spent the money to build a train and all those billions went straight into the pockets of the already very wealth ruling class and there is no train. That's real world trickle down.>Texas is the real case of Trickle Down workingTexas is becoming more like California every day but you wouldn't know that being only 26.
>>538658964See my later points, particularly regarding time frame.
>>538659052>communits*communists
>>538658917I hate it and it's unfortunate but America has done a pretty good job at curtailing that compared to almost every other society. And I'd rather crony capitalism than have a mob-rule socialist state where the average left-wing voter gets their way.My ideal system was the Judicracy in the late 1800s America. It was damn good at enforcing actual free market principles without giving unfair advantages to big players. Big robber barons only made profit because they were genuinely better than their competitors and created value.
>>538656321>I’m an idiot AMAGood for you
>>538656321IS IT TRICKLING DOWN YET, YOU FUCKING KIKE?
>>538659006I want everyone who works and produces value to be rich. Literally hero mentality.>>538659031Do you think rich businessmen are villians? If so why? They want to make profit, but to make a profit you must create more output than inputs. A business only makes money if its total output exceeds the input costs. They only make money when they build wealth and value.>>538659052Assuming they are simply believers of communism, nothing. Free speech. They can say whatever retarded shit they want.
>>538659086>I hate it and it's unfortunate but America has done a pretty good job at curtailing that compared to almost every other society.I can look at American infrastructure and then Chinese infrastructure and say it doesn't work. We're set up to fail the race to AI that everyone loves to talk about because we've kneecapped our power generation because it makes more sense to limit power generation when you profit off of it. Some things inherently run better when controlled publicly.
>>538658221bro i'm talking in particular about rich people!
Hmmm…>Does America follow supply side economics?Yes>How long has it been doing so?Since the 80s, so about 50 years now>Have things gotten better since then?No, people can’t afford houses and groceries, the middle class shrank, and the demographics got destroyed due to immigration/businesses importing cheap labor>What time period was considered the peak of America?The 1950s, before supply side economicsSimple as
>>538656321trickle down gives us things like Ford's $19B write down after their failed E-Truck attempt.trickle UP on the other can't fail, because it will be MARKET DRIVEN, not nepo-baby driven.
>>538659067>Yeah that's typical trickle down. The people with money keep it they don't spread the wealth out of empathy. CThat's a government regulated economy that prevents developers from reinvesting in more housing construction, the OPPOSITE of supply side economics.SUPPLY side economics focuses on supply. We would deregulate and give tax cuts to developers so they can use their capital to build more housing for people, that lowers rent and makes it easer for people to live, accrue wealth, and invest themselves. Some of these people will invest in REITs and help construct more housing.It has nothing to do with empathy, it has to do with people pursuing their own rational self interest.
>>538658221>the Chads who invest and reinvest get richer.they are getting richer but have you noticed the world is getting more shit? is there a connection?
>>538658777>Billionnaires don't want to lose to inflation, they will invest their capital in businesses... actually it's already invested in businesses because that's how they became billionnairesTranslation: let me avoid your argument by saying richfags invest their moneyEVERY fag with a 401k invests money from paycheck. but it isnt them that get those parachutes
>>538656321it only works with extremely strict immigration laws and enforcement.when they can just import an endless supply of labor, the system falls apart.
>>538659225As i mentioned, I've praised China multiple times in this thread for focusing on supply rather than demand. They may be command economy but they follow the Ethos of Trickle Down more than America.>>538659227Why would a rich person not want to invest in more condo developement to lower rent prices.>>538659239America hasn't been Trickle Down since the 80s. We've been socialist, and it's been disastrous. The 50s were good because of supply side economics, the federal government was a much smaller % of GDP than it is today and it's not even close.
>>538659181>Do you think rich businessmen are villians? If so why?Well, let's see>they import millions of third world subhumans because said subhumans provide cheaper labour than actual human beings>they pollute your water, air, and food>they drive up asset prices, particularly housing, meaning that normal people can no longer afford to buy a home>they outsource every job they possibly can, and if they can't outsource something they will replace the human workers with jeets, niggers, and spics>they drive the continuing enshittification of every product because they need to reduce product quality to increase their margins and make more moneyNeed I go on?
Voodoo economics is fail when workers can be easily replaced with cheap imports.
>>538659296Yes, thanks to continued deficits, giant federal budgets, overregulation, and every other shitty left wing policy.>>538659321This isn't true.>>538659319People with 401ks do get it via unemployment insurance.But I agree, I'd abolish that and bailouts if possible.
>>538659360>Why would a rich person not want to invest in more condo developement to lower rent prices.Why would they want to lower rent prices? Lower rent means they make less money.
>>538659181>Do you think rich businessmen are villians? Some are>If so why? They want to make profit, They don't JUST want profit, they have their own social/religious/political/ideological motivations as well. And many of those are explicitly aligned against me, my religion, my race, my country, etc. >but to make a profit you must create more output than inputs. Yes but it's possible to profit while hurting society... and particularly while hurting only certain parts of society> They only make money when they build wealth and value.Yes but wealth for whom? Value for whom?Drug dealer is a classic example. Well the drug addict clearly wants more, it doesn't mean you can really say he is benefiting from the existence of the drug dealer
>>538659360>Communism is actually good sometimes! China is actually a capitalist haven!Ehhhhh I dunno bud. Is it Schrodinger's China where it's simultaneously a capitalist paradise or a Communist shithole? Maybe there's an argument to be made that the merchant class shouldn't be driving the nation because profit alone shouldn't be the goal of a nation and people?
>>538659378Outsourcing is good, importing productive people is good, and the thing about shittifying products is completely false.>>538659407That just means another country is more efficient at us than something, we should import in that case.
>>538656321"Trickle down economics" is a strawman that statists made up to try to discredit the free market. The implication is that we think "just give everything to the rich and it will trickle down to the poor" which is not what any Austrian has ever advocated for.If anything, it's commies who are arguing on behalf of "trickle down" nonsense since they think letting the government take all the money and dump it into entitlement programs allows it to trickle down and help the unfortunate.
>>538659266You're cute. The real reason construction is so heavily regulated is because the wealthiest and most influential people who own many houses don't want more to be built. They want the value of their real estate portfolio kept nice and high. Cutting their taxes will not lower housing costs a dime.
how was your bar mitzvah?
>>538656321At what point does wealth actually start trickling down? Since Reaganomics, as we have deregulated markets and cut taxes/programs, we have seen income and wealth inequality skyrocket. That seems to be pretty significant evidence that wealth is not only not trickling down but accelerating in the other direction.
>>538659442>People with 401ks do get it via unemployment insurancehow does that fit in with trickle down economicsTo save you from this one mlm scam heres another one. i hear rich fags rug pulling on 401ks and pensions all the time.
>>538658221>And that's why we cut taxes on the wealthy, the wealthy, and those who save/invest get rewarded... get more capital, have more money... and can invest more.- IN CHINA AND INDIA....
>>538659442when exactly do you think the world turned to shit?
>>538658221>Supply side economics transfers wealth and capital from the retards to the fiscally responsible.So this isn't actually about economics at all -- it's just window dressing on class prejudice. Thanks for being so honest and saying the quiet part out loud.
>>538656321How many cocks do you suck per week, and why is it greater than 10?
>>538659445That's only true if the entire Condo industry was a monopoly controlled by one player.If I'm a condo developer, and it costs $300k to build a Condo but theyre selling for $600k... I can make immense profit by building them for $300k and listing them for $600k... in fact I'd do this until the prices merge.I'd be willing to undercut rich landlords to score a profit.>>538659499>Drug dealer is a classic example. Well the drug addict clearly wants more, it doesn't mean you can really say he is benefiting from the existence of the drug dealerYes they are, they are valuing the drugs more than their money or health, and are making a choice to engage in said drugs.Now in my system we'd let drug addicts starve and die if they couldn't provide for themselves, but that's another conversation
>>538656321Funny you posted a pic of robots working, cause in the field of robotics there's something called biomimicry. Basically when designing a robot you look to examples of animals that exist in nature and try to replicate them, with the most natural and common being robot humanoid or robot dogs.And I'll say that's interesting because trickle down doesn't have a natural analog.But "trickle up" is more natural and realistic. By trickle up I mean tiny fish getting eaten by small fish, who get eaten by mid sized fish who get eaten by bigger fish. Trickle down feels more like a whales taking a big shit in the ocean and having algae clean it up.
>>538659442>this isnt true, just trust me bronot an argument lmao so im right.
>>538659520>Outsourcing is goodFor the subhumans who live in the country that our jobs are being outsourced to.>importing productive people is goodThird worlders are neither productive, nor people.>and the thing about shittifying products is completely falselol.My parents have a refrigerator that was built in the 1970s. It still works. Meanwhile the new one they bought stopped working after 4 years, and the only way it could be repaired was to buy a part online that cost nearly the same amount of money as the fucking refrigerator itself.
>>538659507China is a command economy but they invest. The main aspect here is that economies are built up by deferral of instant gratification and investing our excess resources into future production.China is doing exactly that.Rich people do exactly that.America as a whole is doing the opposite, it's borrowing trillions to waste on dumb shit in the present, while China buys the T-bonds.If governments actually taxed the rich to repay debt or invest in high ROI infrastructure, I'd be all for taxing the rich.
>>538659770Do you think serfdom or slavery is acceptable? How would you assuage someone's fears that supply side economics leads to neo feudalism with perpetual serfdom for the underclass?
>>538659520So now you’re straight up advocating for open borders global capitalism? Just why. As I said earlier, laugh about the poor all you want, but nobody gives a fuk about your penthouse when the stink of the streets below is unbearable. My real question is why do you believe a maximally effect resource distribution system would necessary = a good life
>>538659828Did you seriously just pivot to defending a centralized state command economy to justify your "free market" theory? You literally just admitted you’d be fine with taxing the rich if it went to public infrastructure. Congratulations, you aren't a supply-side capitalist; you're an accidental state-capitalist who wants the government to centrally plan the economy like Beijing does.
>>538659609Reagan increased government spending every single year. So did everyone after him. This means enormous budget deficits and printing money to make up the difference. Wealth gaps are caused by money printing. It debases the currency, which means that people who already have assets watch their value skyrocket, while everyone else watches the barrier of entry soar further and further away.Reagan had a half decent economist working for him, but we never really followed through with anything he would have advocated for. Sure, he cut some taxes. But government spending is the real issue, and that was never addressed.
>>538659566I use the term since it's a charged term, but yeah it's just supply side economics. It's Capital Theory. And even neoclassical Keynesians don't deny it.>>538659573That's exactly what i said, are you illiterate?>>538659609When we actually do it. We've abandoned Trickle Down Economics since the 70s and things have gotten worse.>>538659621Be more specific. Anyone with an 401K that invested in the market is doing well.>>538659669It has slowly gotten worse since the late 1960s, at least economically, in the West.>>538659804You never made an argument to respond to you just made a retarded claim with no evidence.
>>538656421So you're just a shill pushing a narrative. Understood.
>>538656321The only point of economics is to serve the people, culture, and religion, so I don’t really care one way or another. Being attached to an economic theory is lunacy, you should only ever do what works at the time you need it
>>538659916But I know thatA) Most public infrastructure projects generate an ROI lower than the cost of borrowing..and B) Most government spending goes to gibs for boomers or other dumb shit, it's not invested responsibly.
>>538659378To be fair, I would argue there is a distinction between a businessman - the people who start and grow a business, and the investor.What OP is missing is the human realities of business. A business owner is a risk taker and manager. They aren't a gambler per se, but they see an opportunity and develop for it.In a meeting of share holders deciding who the next CEO will be, which CEO will be likely to get the majority vote?CEO candidate 1 presents an investment strategy where they will build new facilities, modernize one that hasn't seen investment in 30+ years, aggressively hire and train a new generation of key employees as their current floor work is aging out...And CEO candidate 2 presents a model of cutting old factories, offering early retirement plans for employees at them, making the product under contract at a foreign facility, and doing so as a service subscription.The common denominator is candidate 2. That is not seen as a risky move by investors. Spending a bunch of money on revitalizing an industry to be competitive requires vision, confidence in the face of risk, etc. For people whose interest is purely in the yield of their stock holdings, themselves completely disconnected from the business and its operations, the largest modality of concern is what has the least risk and most immediate improvement in profitability.In the old world, feudal lords invested in their lands because the success of their people was their own means of competition with rivals. Today, the same social role globetrots and is the caricature of disconnected feudal lords.Not making the argument for communism or socialism; just that the rot which needs to be blown out is a lot more comprehensive than he's accounting for, I would imagine. To the extent an organized society would likely consume us in the process.
>>538659609its always "it will all even out in the end" but for some reason the rich always get theirs first. then it doesn't pan out, for "unrelated reasons" that don't mean it was a bad idea.Then the next program is the same.There are two kinds of people:those that abhor holding someone else's moneythose that make their living coming up with reason why THEY need to be the ones holding your money, for your own good.Union pension plans don't have any tax benefits anyone can get with 401K, only difference is the Union wont let you take out your money if you want, and their (((managers))) control it all.
>>538659840Slavery is infringement on another human being, it's the opposite of property rights, it's stealing another person.
>>538656421>i have a bulshit job that relies on pushing agenda I will totally change my mind and loose a job
>>538658911>Singapore>Trickle down economicsYou got five minutes to defend your retardation
>>538659986You are fundamentally confusing line item spreadsheet profit with actual strategic economic utility. Public infrastructure isnt supposed to turn a direct financial ROI. Its entire purpose is to lower the baseline cost of survival and business for the entire nation. If the interstate highway system, the Hoover Dam, or basic grid electrification had to rely on immediate private capital ROI, they never would have been built and wed still be a bumfuck fractured agrarian economy.
>>538659970The only thing that ever could possibly work over time and at scale is a free market based on voluntary exchange. Everything else is just an attempt to lend intellectual cover to what the ruling class just wants to do anyway.
>>538656321TRUMPED UP TRICKLE DOWN
Well you can’t use a comma correctly, so I’m dubious.
>>538660068You are playing a semantic game with legal definitions to dodge the actual material outcome. When a tiny merchant class owns the housing, the energy grid, and the food supply, the choice to work for whatever crumbs they offer isnt a voluntary contract. Wage slavery taken to its absolute end state is indistinguishable from serfdom because you don't need to legally own a person to entirely control their existence. You'll end up with a highly stratified society with no social mobility because the poor send their kids to work in coal mines instead of school.
>>538660114Singapore's entire economic model is on encouraging production, building a SWF, very very low taxes, no tariffs, almost full deregulation.To the extent that the government is big, they simply buy stocks via Temasek , which actually further contributes to INVESTMENT over spending.
>>538660130I'm factoring that in, if the economic productivity generated by a public infrastructure project is greater than the direct fiscal cost, I would greenlight that project. It's just very hard to calculate for the reasons you just mentioned.How do we calculate how much value the Hoover Dam has generated? It's difficult.But in theory I would support these projects if we could demonstrate that they produce more value than their cost.
>>538659992+1
>>538659931>That's exactly what i said>Cutting their taxes will not lower housing costs a dimeNice try.
Yes the drip of financial success works but with the current scope of infinite growth forced on corps by law it doesnt fucking work as soon as a company goes public it sets its employees up for a proper buttfucking as eventually they become a target of cuts to force the numbers to go up so investors dont sue the shit out of the Corp and fire the board who will always saver their own asses first
>>538660213You can't write a single grammatically correct sentence, so I'm baffled by your hypocrisy.
>>538660307>I would support these projects if we could demonstrate that they produce more value than their cost.That's why China's eating our lunch. Instead of seeing things that benefit everyone as a good you're looking for easily seen direct return.
>>538660227That's not how it works in free market, you can't monopolize the entire economy because anyone is free to create their own wealth and compete with you.If a few rich guys bought up every house and jacked the price, that would only encourage new people to come in and build new Condos to undercut them. It's impossible to corner a free market.
>>538660168Trickle down economics isnt free market.>>538660227And these capitalist types never even want to start game fair. Supose tomorow we implement free market. Well it would be fair for everyone to have equal amount of assets before the game. But these types want East india and rotschilds to have everything and you to have nothing and call it a fair game.
>>538660385>build new CondosOn what land?
>>538659770>Yes they are, they are valuing the drugs more than their money or health, and are making a choice to engage in said drugs.>Now in my system we'd let drug addicts starve and die if they couldn't provide for themselves, but that's another conversationok but you didn't address any of my points
>>538660320You know cutting taxes is only one part of the theory right? It is about SUPPLY SIDE economics, you deregulate to allow for increased supply.>>538660327You;d have to specificy more.>>538660384America is spending just as much as China is.. the only difference is we are spending that money on Boomers Retirement via social security and Medicare rather than infrastructure.It would be even better if China was more free market, but a command economy that invests is better than a command economy that wastes resources on boomers.The unfortunate takeaway that Gen Z will make is that command economies work, when the real takeaway is that investments > consumption
>>538660446The sky is the limit, literally.
>>538660461Which ones, you said a lot.I support the ideological viewpoints of most of the current billionnaires. I've listened to Bezos, Musk, Thiel, etc. Most of these guys are Libertarians who hold views far more alike to mine than the average person. I have no issue with them holding more political power.
>>538656321How do I get a comfy jeeta girlfriend with minimal arm hair?
>>538656321ok, you haven’t changed your mind. great!why should I care about what you think?
>>538660385>That's not how it works in free market, you can't monopolize the entire economy because anyone is free to create their own wealth and compete with you.>If a few rich guys bought up every house and jacked the price, that would only encourage new people to come in and build new Condos to undercut them. It's impossible to corner a free market.Oh man, this is rich. Imagine being so financially illiterate that you think land can just be infinitely manufactured to compete with private equity firms cornering the market. Your naive textbook fantasy completely collapses the second real world barriers to entry and regulatory moats slap you in the face. >But muh free market will totally protect the rights of everyone and make everyone happy and healthy!
>>538660320Housing is unaffordable because the government has restricted the ability to supply houses while simultaneously subsidizing the demand.Remove the red tape, and stop flooding the market with illegals on HSA grants and the problem goes away.But these retard boomers wont do it because they think they're entitled to their house being worth a million dollars for no reason.
>>538660522wait billionaires? i never mentioned billionaires
>>538656321how.... are you just like rich whats your end goal
What's the difference between the negative income tax that Milton Keynes proposed and the universal minimum income thing Friedman Hayek proposed, and why do libertarians get so angry at the latter but not the former
>>538660533We can trade places bro increase your supply of hindussy
>>538660385It's insane that people can see the history of unrestricted capitalism and ignore the ugly shit. Upton Sinclair wept.
>>538660606Who were you referring to when you said "they">>538660572>private equity firms cornering the market.Literally economic white trash. You're as financially illiterate as it gets.I never once said land was infinite. Nobody claimed that ever.
>>538660245>Almost full deregulationLiterally how?>No tariffs, no taxes Singapore is forced to do that due to their geographic reality. >SWFHow is a *sovereign* *wealth fund* trickle down economics? How is their public housing trickle down economics? How is the fact that they have to save a third of their salary trickle down economics?
>>538660612I consider myself rich but I held these views when I considered myself lower class.>>538660633Nothing, it's just semantics, I'm opposed to both. Tbh I didn't even know Hayek supported UBI.
>>538660633first of all the prest becomes a supposition of limitation and latterly the upliftement becomes a garenteelick my balls
>>538660633This sentence gave me dementia.
>>538660685Upton was the equivilent of a modern leftist who says "Elon Musk has too much money nobody should be a trillionnaire".His attacks on Standard Oil were unfounded.,
>>538660686>Who were you referring to when you said "they"any business owner
>>538660715odd its strange you consider yourself ^^ same im poor poor
>>538660685>unrestricted capitalism>historyPick one.
>>538660463Corporate history features several notable cases where executive behavior wiped out employee retirement accounts:Enron (2001): Top executives like Jeff Skilling artificially inflated stock prices through hidden partnerships. Executives sold off their own shares for millions while keeping employees' retirement plans locked down, resulting in the disappearance of roughly $2 billion in employee pensions.WorldCom (2002): CEO Bernard Ebbers orchestrated an $11 billion accounting fraud to hide stagnant growth. When the telecommunications giant collapsed into bankruptcy, thousands of employees lost their jobs and their pensions simultaneously.Hostess Brands (2012): CEO Gregory Rayburn openly admitted during bankruptcy proceedings that the company siphoned money meant for employee pensions and redirected it toward executive pay and day-to-day operations.CalPERS Bribery (2016): Fred Buenrostro, the former CEO of the nation's largest public pension fund (California Public Employees' Retirement System), was sentenced to 4.5 years in federal prison for accepting over $200,000 in bribes and kickbacks to steer pension investments toward specific private equity associates
>>538660686>You're as financially illiterate as it gets.Rich coming from the guy that thinks profit motive can only have positive upside. You're a fucking nut. Unrestricted free market capitalism is a race to the bottom, not a noble endeavor to lift everyone up.
>>538656421>memeflag>doesnt post any papersClassic shill.Tell me, oh trickledown faggot, with the increased stratification of wealth and greater austerity for those without, why is business shifting increasingly to catering towards the top in boutique firms as more profitable, with zero downstream offerings? Isnt that the exact opposite of what you say will happen?
>>538656321I got an econ degree from a top 0.4% school, used it to self make 6m. I agree with you.Issue and question I have for you is what do we do with the bottom 20% of society who are litteral human goats.They arent important to the system at all, yet need to be taken care of even though its an inefficient use of resources.
>>538660750>Bro it's just a thumb, eat around it.
>>538660332What was wrong with it? Surely you aren’t referring to an optional comma after “well?” Listen, it’s okay that you don’t know how a comma functions, but don’t LARP as a writer if you can’t use one.
>>538660702>howThey have very low levels of regulation, no minimum wage, low corporate tax, no laws against M&A, no laws against firing employees, etc.>How is a *sovereign* *wealth fund* trickle down economics? How is their public housing trickle down economics? How is the fact that they have to save a third of their salary trickle down economics?As I've been trying to explain this whole thread, the entire essence of Trickle Down Theory is that wealth is built via INVESTMENT rather than SPENDING.We support cutting taxes on the wealthy because the wealthy INVEST a larger portion of their wealth than the poor, the poor have an MPC (marginal propensity to consume) of about 100%. The ultra wealthy have an MPC of about 50%. We support cutting their taxes so a larger portion of societies resources get invested rather than spent.A SWF is the epitome of investment, 100% of the funds used are invested.
>>538660715Pretty sure Rothbeard and his acolytes made a noise of how he was socialistic for supporting the minimum income and caused a massive faultline in the movement
>>538660784>>538660796he is a commie having a larphe accidentally revealed his obsession with 'billionaires'
>>538660803
>>538660784this is unfortunately true imohttps://www.youtube.com/watch?v=7j4WQ5qOBZY&list=RD7j4WQ5qOBZY&start_radio=1&t=5422s
>>538660803>had a jerkoff econ degree>doesnt understand the utilitarian value in productivity returns from providing aspirational felecity for underclassmen as a measure to show off the efficiency of the system>or how little that costs considering the outrageous top end returnsNot very bright, are you?
>>538660483If jews own all the land it isnt. And your 1000 apartments high trilion dollar megastructure might just tip if it suits poeple who own 95% of rhe land.
>>538660939Just wait till they realize the insurance will pay more than the renters.
>>538660463>>538660584The housing cartel would just build houses slowly enough that the prices they charge remain the same while they pocket all the savings.You know what would ACTUALLY lower housing costs? Increasing taxes on rental properties and rental income. Did you know right now rental income is taxed the same as regular working income? The fact rent collected for doing nothing is taxed the same as a man who worked all day is absolutely disgusting. Truly horrendous. Let's try fixing that before we try giving the wealthiest top 1% MORE advantages.
>>538660933im stuck on the entire why isnt it better part maybe its a perception issue the world seems to think so
>>538660751It's hard for me to address billionnaires as a group then when it comes to ideology since they hold an array of competing beliefs.>>538660780Well DESU I'm very against employee pensions for this reason.Rather than a company investing a % of an employees salary in some shady fund, they should give the employee their full wage, the employee can invest it how they'd like.It was gay ass ERISA regulation that encouraged companies to create this thing, I'd rather get my full wage in CASH so i can invest it in my own accounts.>>538660784Race to the bottom means a race to create the most output with fewest inputs, you're retarded.>>538660796Because government regulation and rampant deficits have bankrupted our societies so its hard for the lower classes to afford any luxuries.
>>538661007>Race to the bottom means a race to create the most output with fewest inputsOh boy, I'm talking to the fucking borg.
>>538660827I asked how not what. And again, it's not true that they have low levels of regulation. Yes they have corporate friendly taxes. But as an example, +90% of their housing is state managed. That in itself kills any notion of Singapore being a trickle down economics nation or being deregulated In the so called "deregulated" Singapore, crypto is heavily regulated, you cannot purchase a car without a state issued, government permit that's expensive as fuck, you have to contribute to a state fund a third of your salary, you pay hefty fines for importing gum, you can't own land as a foreigner, only leases, and on top of that, as a foreigner you get a 500% premium if you try to "buy" land. This alone is incompatible and contradictory to trickle down economics
>>538660827so trickle down economics is not > dont tax rich, their money will flow downits > tax the rich, invest that
>>538660784>Unrestricted free market capitalism is a race to the bottom, not a noble endeavor to lift everyone up.This is true, so you combine the ruthless efficiency of free markets with the guidance of government. People dont actually know how the economy grows. Its finding better ways to be more efficient. A farmer growing food for 160 instead of 4. You cant argue with that, the immutable laws of global capitalism in not an opinion. You can have it work for you though.
I don’t think anybody is really doubting that unrestricted free markets creates the most productivity and “wealth”. But your arguments about why the ill effects of modern capitalism are not applicable to your ideal system sound a lot like “real communism was never tried” It’s hard to run a mom and pop business nowadays because all of your expenses are greater than they used to be, and all of your customers would prefer to go to Walmart where the products are just as good, at a lower price, and you can get McDonald’s before you leave. I don’t know enough to really say for sure, but going turbo free markets seems like a really bad idea at this specific gay and fake moment in time.
>>538660803If somebody is so unproductive that they are unable to provide any value, I'd let nature take care of them, as heartless as it sounds.I will say I'm a little skeptical of this theory, in a total unregulated market, could these people not get dangerous jobs in mines or quarries or doing grunt farm work? 20% seems quite high.I agree down syndrome retards are useless, but even a 70IQ retard can do some manual work.
>>538660933>Spends days seething on 4chan at his bettersNot very bright, are you? Stay mad poorfag, lol. This is why women wont fuck you.
What are your thoughts on the land value tax and pigouvian taxes to replace other forms of taxation? Or what taxation would you rather see if you must see it
>>538661076Yes, and that's why it was never called "Trickle Down", it was Supply Side Economics.We want to use capital to boost supply via investment.Cutting taxes on the rich was just the most politically easy way of making that happen, since we know that any government in the West will waste their money on gibs.I'd much rather the government tax the rich and repay debt, putting that capital back in the hands of investors... but that will never happen. They will tax the wealthy and find a new welfare program
>>538661100you are that person............................also extremly basic utilisation issue"omg we have so much its bad"ur a problem mr ai
>>538660980It's a greedy greasy faggot problem that relies on egoism to create a hyperreality to create fake narratives to support ursury by dehumanizing people along economic and productivity lines that could otherwise be very useful. Poor doesnt mean stupid or useless. It means unlucky or poorly utilized. But they're all about their social darwinism crap to justify their immorality and greed in the absence of any substantial metaphysics.>>538661007Didnt answer my very clear and specific question, shill-kun. Would you like to try again? Government overreach has nothing to do with private companies intentionally limiting their offerings, because trickledown economics posits that the rich get the good stuff, and the poor get the less good but slowly improving stuff, when I just presented a very clear example where that is not the case. I dont think you understand economics at all. DFC is responsible for most deficit spending as a philosophical paradigm, which is the result of ursury, inflation, and dumb dumbs faggots promoting trickledown economics.
>>538661094If the consumer choose Walmart over a mom'n'pop, that's ok.Why should we force people pay more just so a business can stay open? That's overglorified welfare.
>>538661068I'd have to look into this more, but most regulations that have are against social behaviors, not economic. You can't import gun because people spit it and make society ugly, that's not really something that infringes on the economy, it's to prevent anti-social behavior.
>>538661196Funny, you didnt say anything about economics at all, when if you had studied the subject, you would understand exactly what I was saying with a reasonable retort.You arent my better. You know nothing about me at all, actually. You are a rube and a charlatan minimum, so assuming your pedigree is real, it is entirely unsubstantial in terms of making you useful, knowledgable, or productive in the subject of your expertise.
>>538661307life is overglorified welfare....thats the entire game,.btw who are we even helping at this point fare well my brothers the ship has sunk.
>>538661244>usuryComplete economic illiteracy, you have no skills, and that's why you don't have money, no skills or education
>>538660933Economics is pseudoscience more like a religion a continuation of calvinisim. >>538661092
>>538661007>It's hard for me to address billionnaires as a group then when it comes to ideology since they hold an array of competing beliefs.Really? Because it's pretty obvious the ideology boils down fundamentally to "control more resources to maintain power by any means necessary". You're bragging about having roughly the net worth of one of Elon's fat shits after he's had an expensive meal, and you still use your free time to defend your relative enslavement and defend people that fucking hate you.
>>538661371Neat, that sure is something someone with a degree in economics would say who has written many papers on the subject when presented with a post structural utilitarian critique, and not at all the last gasp of a platitudinious dumbass who just got anal gaped in a single paragraph.Are you actually going to answer my question? Can you even restate what it was?>>538661386Dont have to tell me twice.
>>538661100Im not making a moral argument. The bottom 20% are virtually useless to the economy. However they have huge impact in negative externalities if ignored. So your plan that the rest of the population will let 1/5 starve is childish, but even worse would lead to worse outcomes for society.Trickledown is real in bringing up the middle class, but it still leaves the problem of what to do with the most unproductive and incapable bottom 20% of society.In the past we needed them for labor, in today's efficient markets we dont. So we need a real big boy solution besides we all, white women and all, magically turn into eugenistists.
>>538661468Both you and I are the oligarchical elites. We are the Barons/Aristocrats that you pretend to oppose.Compare your wealth with an African Colbalt miner.
>>538661468resources create resources on an usury based metrick continue.interest btw in its many forms UHHHH is interesting ah
>>538661076>>538661333No, you can't import GUM, not guns. Well actually you can't import neither and whether that's social or economical it's irrelevant, because in the end, it's just a regulation. Another regulation: tobacco and alcohol are heavily taxed for imports. Singapore isn't deregulated, nor is it trickle down economics. It is a nation-state where the government with its sovereign funds, invests, instead of private individuals/companies doing the investing part. Singapore is state capitalist
>>538661487You didn't present anything it's not even worth responding to.>>538661498If you're suggesting a welfare state, that's just chilidsh. It's the adult version of santa clause.
>>538661468The right wing billionaires are attracted to the Ayn Rand ideology. The "virtue of selfishness", the idea that through market actions they are benefiting everybody, so they should be as selfish as possible.The left wing billionaires are using ideology in place of religion. They have moral panics, they tithe, they flagellate themselves, it's like they are trying to act out christianity minus the diety.
>>538656321How do you defend a system that's on the verge of collapse? There's a reason economists are fucking laughed at by any actual scientific profession, macro doesn't even qualify as a science, it's entrails reading.
>>538661533you can import anything u want are u stupid
>>538661533That's exactly what I said.People spit gum on the streets and make it disgusting.They regulate tobacco and alcohol for the same reason.You have to bifurcate social policy from economic policy. A state that bans degeneracy can still be supply side economically.
>>538661585>How do you defend a system that's on the verge of collapse? Wut? Our entire thing is about fighting the system, we are pushing for radical change>There's a reason economists are fucking laughed at by any actual scientific profession, macro doesn't even qualify as a science, it's entrails Do you realize how much we economists laugh at scientists? We mock anyone outside of our profession as if they're subhuman
>>538661371Hello sar. Did a crumb of jewish money drop on to your poo covered turban. Did your izzat grow? Is kissing ass and making bulshit reports the best skill on the planet.
>>538661573And what did I say? Either you're incapable of understanding or unwilling, and both conclusively prove you are not qualified for this disscussion.Do you need me to hold your hand and explain it? Was your trickledown philosophy ineffective at giving you a sufficient intellectual foundation to engage the content? I will do it, mostly to rub my nuts on your smug face in a subject I have a far better grasp of than you do, memeflaggot with shit prose who has not written papers.
>>538661603lets regulate behaviour instead of the markets this is end stage bullshit i understand it makes sense thats why its not ok
>>538661595https://sso.agc.gov.sg/SL/RIEA1995-RG4You can't import gum. UNLESS it's for medical purposes. Your average bubbaloo gum chewer would get fined at the very least if they did thag
>>538661666You have no education, no skills, nothing. You can't rub your nuts on shit besides the cheese grater.>>538661671I'm not for it, i defend Singapore for their economic policies, I'm in slight disagreement with their social policies.
>>538661338Again, you are a poorfag genetic deadend.>or how little that costs considering the outrageous top end returnsI would argue that this is incorrect and problem with the thesis, but why would I waste my time with a seething loser whos ideas and genetics wont be passed on. Your loser ideology dies with you, which would explian your shit attitude. We both know you are miserable and dont get laid, dont pretend your anything else becuase you hate yourself enough to read Zizek, lol.
>>538656321what are you talking about cunt, this only works if everyone is white
>>538661633>We mock anyone outside of our profession as if they're subhumanOf course you would, you're all so fucking detached from reality and actual science, not to mention the extreme low IQs relatively, it's the only way you can cope with that being the best you can do.
>>538661703i could import you legally stop being silly systemic gum deterants run your natiopn... i doubt it
>>538660969I have two rental units. I just charge cash and don't declare the income. Your approach is dogshit.
>>538661759If you were high IQ, you'd have gone into economics, not some poorfag profession where yuo'll get shit on from us. I don't even know what you do, but I already know you're inferior.
>>538661573Im not, Im litterally comming to you with one of the biggest problems of the 21st century, that will only get worse with AI adoption.I was trying to have an actual productive conversation instead of the usual ideology pissing contests.
>>538661744Singapore is just an urban sink. They take in the most intelligent people from asia, exploit them for short term gain. Those people experience the lowest birthrate in the world and are "killed off" in demographic terms. Then more need to be imported. This is essentiall the "elimination" of anyone with brains, intelligence, or talent for short term economic gain. Most modern cities operate in a similar way, they are rapidly exterminating talent, so more needs to be imported from untapped foreign countries
>>538661307Idk bro. Why shouldn’t I just strangle you and take your wallet? I’m a big guy and could probably take you easily in a fight, so it’s only right. Having the police protect you is glorified welfare. What does letting Walmart take over a towns entire retail economy have to do with saving versus spending besides merely the total quantity of dollars.Human existence is not about maximizing numbers, creating the 20th iPhone, or making 10x profit on a real estate transaction.
>>538661810hes ai anon....
>>538656804>I'm 26 now and my net worth is about $170k, my salary is $60k.>I have maintained these beliefs through a period of unemployment, and a period where I believed I got an ultra high paying job at xAI which turned out to be me misreading an email confirming a final round that ultimately rejected me.>My beliefs don't change based on my personal wealth status.Based. You're in my boat too except I'm currently going back to school using the six figures i saved to start my robotics R&D career in Japan.
>>538661789I have 3 degrees in STEM. I've actually had to take economics before, WITH THE ECON MAJORS, and I can confidently say they are total fucking retards. Watching people get triggered because of minimum wage being a price floor was hilarious, like watching retards fighting over who gets to lick the cleaned windows first.
>>538661007>Rather than a company investing a % of an employees salary in some shady fund, they should give the employee their full wage, the employee can invest it how they'd likeThey do this now. its not the worker being forced into stock options.It literally mgmt hyping stock options only to rug pull you or use you as some bag in his side hustle investment steering.Trickle down says nothing of the gross negligence and avarice of the richfags but becuase they are rich we just have to have faith that they know what they are doing. Trickle down doesnt seem to be enforced but rather a faith based ideology. It seems like its all puffery.What does trickle down say about the rug pullers?
>>538661861Kek, I thought we all were?I believe you, but so I know better in the future how can you tell?
>>538661810A.I makes people more productive.I was a lifeguard as a teenager, that job only exists because of automation. Do you think a town in 1430 would have paid me money to sit and watch people swim? Maybe some aristocrats? But not as a common job. When A.I makes us more productive it opens up new opportunities of which the relative cost would previously be too high to justify. I'm not convinced 20% of people will be useless due to A.I
>>538661849omg digital ....why is this even a thing thats what annoys me im very annoyed
>>538661764I will kill you for trying to humiliate me. I expect an apology from you
>>538661877Based, I wish you luck anon!
>>538661970Thanks, anon. I may feel kind of late because I'm 27 but I'm still determined.
>>538661916im him >>538661957i look forward to it love you three
>>538661890>3 degrees in STEMOh so you're a peasant.Nobody in Econ takes you seriously, we view you as vassals to do your duty in whatever you focus on, then fuck off. You're code monkeys.
>>538661744Factually incorrect. What do they call that statement in formal argumentation? Why are you unable to restate what I said in any capacity?Come on shill-kun, how many uneducated people read Baudrillard and Hegel?>>538661745Got a wife and a house, you baroque twat. You'd present it because rigorously and intellectually lambasting me in front of an audience is the best way to validate your philosophy. You do realize that the relationships of the citizens between eachother can produce qualitative returns that result in increased quantitative productivity? Pretty sure that's Evola, filtered through Gramsci, then applied via discouses Machiavelli. By holding the 20% up, you provide the stability for the top portion to contribute because their personal network is provided for through their talents, so the shift is from minimal productivity for maximum subjective result to self actualized collectivism without even undermining the existing capitalist structure. But that's antisemetic.
>>538661203How does this not cause runaway inflation?The very thing rich fags are trying to avoid as you claim?Once all the money is held by richfags to trickle down amd invest wont they be creatin_ their own inflation?If only 1% hold all the money why even bother holding it in a bank and trying to get an "roi" on it or something?
>>538656321Economy is cyclical in both time and movement. You'd have to explain how the fuck you get a linear finite economy to work in the first place. If you are talking about investment and capital injection, again the first thing retards do with money is either invest it or spend it in a globohomo corp which can distribute the money however they please.If you are talking about economic stratification on the other hand. Well then you'd have to develop an arguement for that.But trickle down economics? Injecting capital at the top. Or the top having the most access to fresh liquidity. Like how in the fuck else has it ever been done?Or in other words, someone needs to buy the land first to put a business on it, for someone to build a business, for someone to work in it. You can't build a factory then buy a piece of land for it . . .So finally, what's your point apart from sucking money's dick and lapping as having the interests of landed gentry.I'm not for or against top end investment for two reasons 1) if you give it to poor people then they are the rich, just fucking seats on a bus at a certain point as much as people born in castles and people who dream of wish it to be 2) I ain't rich so don't give a fuck about rich people shit. If I were, I would be, but I'm not.You may be for trickle down economics but surely your not for this sorry ass bunch of soft handed fuckin thin wrist bitchass elites and middle class we got lumped with. Willing to give as many drops of blood as they have good ideas.You are a faggot and look like pic rel
>>538661901Nothing wrong with that, economic natural selection
>>538662055I'm confused.Inflation is caused by the money supply increasing faster than the real production of goods and services.This would redirect spending towards the investment and creation of new products and goods. It would increase production which overall would reduce inflation
>>538662032>why can't my econ model break .3>laughs in .995Keep seething, because even stats laughs at you.
>>538662025Apologize
>>538661203Why should people be able to make money just by "owning things".You did no work, you put in no effort. You bought a piece of paper, and then sold it later. Why should you make money that way? That's bullshit.
>>538662101I don't even have to ask what you got your meme degree in to know you're inferior.The only people I'd respect were finance majors because they went on to work on Wallstreet, the moment I heard someone was in the sciences I just considered them a loser
>>538661890Econ was the best major. You either got it or you didnt, if you got it you could skip 2/3rds of the classes and get an A. It allowed us to party more and develop EQs that actually predict success. Most of my peers are doing very well. I retired at 34 with millions thanks to the cushiest job my frat bro got me.I have zero doubt you are smarter than me, but considering I spent my college years partying, getting laid, and earning my future cushy job. To top it off that I love society becuase everyone at the top thinks like me... You arent smarter than me.
>>538661506We dont live in fucking africa dude.There isnt a single african flag in this thread.How much is the african cobalt miner paid compared to the african mcdonalds employee?
>>538662128Deferring gratification and investing yuor current resources into future productivity isn't "doing nothing"
>>538661890>I have 3 degrees in STEM.Spoken like someone who's never designed discrete machine architecture in his life before. List your majors and minors or i won't believe you.
>>538662041This nigga mad! Write moar faggot, lol!
>>538662189He's not smarter than you. It's a larp losers do. There's a reason why engineers and physics majors I've spoken to are complete retards on basic shit that I intuitively knew as a child when presented with the broken window fallacy. Economics mogs everything.
>>538656321does supply side economics benefit the common man or central bankers more?
>>538662209But you're talking about a loan. That's different.In this case you're not loaning money and expecting a return. You just own something, put in 0 work, and collect money. Isn't that basically bullshit?How many of our best minds are trading pieces of paper on Wall Street instead of researching new medical breakthroughs, engineering breakthroughs...etc
>>538662188We'll be fine in SHTF, engineering is quite adaptable. Finance majors however, well without the system they're pretty much destined for being a corpse in a ditch aren't they? Just like all econ majors. Your subjective value doesn't extend to being valuable outside this rigged system.Hate to be the one to break it to you. You're fucked.
>>538662235What an educated and well informed post from a top flight economics student. Like your memeflaggot friend, you do not know enough about the subject, and I'm not mad, I pitty you. And him. Because neither of you are capable of doing wjat you think you represent.>>538662258And yet I mogged the shit out of you. What did I study?
>>538662272Henry Ford reinvesting his profits in new factories that expanded automobile production benefitted everyone.Both central bankers and common men are better today thanks to the commonality of cars
>>538662102lmao sorryalso im poorer than you not sure if that makes it worse or better >>538662056you you little fuck can u stradle my enigma of productivity the entire idea is the renumeration is offset lick amoebas CAPITALISM the idea that ideas are worth investing inwhy is ai shit
>>538662062I mean empires collapsing is also natural selection but im really not trying to sell my daughter to arabian oil sheiks , or getting sold as pork chops by my butcher down the road.
>>538662295Well how did someone own something if they didn't buy it (transfer capital) or create it?>>538662322My parents own an array of properties they make passive income that mogs my salary into oblivion, and I'm an only child.I'm good bro.Also... "ENGINEERING"LMAOOOOOOOOOOO how did I know you were an engineer. I was at least expecting it to be Math or Physics, but of course it's the most loser profession.
>>538661100> If somebody is so unproductive that they are unable to provide any value, I'd let nature take care of them, as heartless as it soundsAlong what timescale?Just saying generic piss that means fuck all.Big Colonel Sanders did not much great or good for 65 years then invented the greatest combination of herbs and spice known to mankind. You'd have him released into a lawless outside the city walls mad max sort of area after two quarters in the negative based on a tax dollars spent Vs taken? Or do they stand infont of the council of finer clay or some shit?Saying I believe in blowjobs from 10s for every man isn't a viable logistics framework and human resource application capable of delivering the succulent and righteous ideal being espoused . . .
>>538662335You didn't study anything, you got rekt by anyone who passed a highschool class.
>>538662415>Big Colonel Sanders did not much great or good for 65 years then invented the greatest combination of herbs and spice known to mankind. You'd have him released into a lawless outside the city walls mad max sort of area after two quarters in the negative based on a tax dollars spent Vs taken? Or do they stand infont of the council of finer clay or some shit?Sanders wasn't a leach, he worked his whole life. He would have been richer in my system since he wouldn't have had to pay into SS or all these gay federal tax systems
>>538656321have you found a way for one billionaire to visit 20000 diners for breakfast?
>>538662189Enjoy your retirement faggot, maybe you’ll use your free time to get a real personality. We’ll all make sure to spit on the pile of rubble you leave behind after you’re dead. Hope the brain dead bimbo pussy was worth it brah
>>538662468whats ur system and where do you work in it what an odd thing to saysurley he works with me next to me infact what do we do mr ai
>>538662514The reason billionnaires are so good for the economy is because they don't waste their money on dumb shit like that.
>>538662405I also have a degree in math.
>>538662335Its cool, I pity you too. Angry at a world you cant understand, no kids (Probably becuase your wife's a man or obese). Eager to have a conversation but not having the EQ too.I think we actually could have had a decent conversation as I too am well read, and respect Rawls arguments, but your disrespectful start is why nobody takes you seriously. Stay mad poorfag.
>>538662539I would do what the market calls me to do.
>>538662099What is the stock market?what are detivatives?What are loans?You think our money supply has parity with amount of "goods and services" produced?Oh wait you think loans are goods and services too and not just debts or some "future income" bullshit semantics.This is really looking like trickle down is just chasing its tail in its accounts.Lol
>>538662405So in Elin's case, he gets privileged access to the groundfloor of small startups. The casual investor has to wait for those firms to go public, by then Elon owns 30% of the company already.Elon's executive salary is a few $10's of millions. That's money he's working for, granted. But the real wealth is his stock earnings, which make him a trillionaire. That's not money he earned or worked for. That's just passive income he got through owning something.
>>538656321So you're an actual idiot? The current economy proves you utterly wrong, you realize that right?
>>538662339>Both central bankers and common men are better today thanks to the commonality of cars
>>538662530Uhhh, I will. Thanks?
>>538662545Still inferior to EconI still look down on you moreso for even thinking about engineering.I went to a private school where engineers were spoken of as trash. Normies aspire to it but we see them as low level tradesmen.
>>538662339We were arguably better off with just horses and trains desu
>>538662604>So you're an actual idiot? The current economy proves you utterly wrong, you realize that right?People can't afford rent you mong.The current economy proves everything I've ever said, you're dumber than rocks.
>>538656421That sounds like a bad argument in favour of supply-side economics.Your company has robbed you of your personal sovereignity
>>538656421Should have just posted in random site and them reposted it here later, rookie mistake
>>538662628Guess you'll find out in SHTF. Be sure to let everyone know you're a proud economist.
>>538662561your system has an external market sounds very uncompetative.how could you possibly compete with external markets not reliant on market calls the very idea predesposes manipulation
>>538662605We could make that assessable to the uppert middle class too if we implemented my ideas. The only reason that is only available to the super rich and privileged is because of regulation
>>538662428And you are unable to restate what I said. There is no "rekt", there is a desperate shill who recognizes I have formal expertise in the subject, presented concise competence within the subject, and is falling back on his shitposter 101 vernacular in a desperate gambit to avoid talking to me in any capacity, because it fundamentally hurts your narrative sway, glowie who bought a 4chan pass.I could do your job with twice the effectiveness drunk and half asleep. Is this really the best you can do, fundamentally ignoring an argument against you because you cannot refute it sufficiently?>>538662548Not a poorfag either. Criticize my tone and vernacular all you want; you're still the cockfaggot who was unable to even minimally address anything I said, and like your friend, conclusively was proven to be incorrect in your fundamental assumption, then threw a fit. Aint even mad. This is my home, you came here and shit on my rug in the bathypalegic depths of the piss ocean, and lied about your credentials, or horribly represented them to the extent they would be revoked if your administration was aware. You dont even know mine.
>>538662346Yeh according to modern sociology which has fuck all to do with the economy etymology of capitalism.Feudalism = personal interestsMercantilism = group interestsCapitalism = abstract interestsBefore creating capital entities, you couldn't do shit across lifetimes or at scale. It is literally just financial technology.All you sociology and politics bullshit injected onto it is just that.> CAPITALISM the idea that ideas are worth investing inYou that fuckin sheltered you never heard of a patron?Before mercantilism, a painting had to be attached to a person.Before capitalism, a painting had to be attached to person or a company.With capitalism, a painting can become its own legal entity attached to no one.= Turbo liquidityFucking retards with their copy pasta modern semantic field theory modern globehomo sociology narrative.
>>538662668Oh yeah then put up or shut up and post a paper bitch.
>>538662541>they don't waste their money on dumb shit>owns a mega yacht and multiple propertiesPlease kys
>>538661786I don't really care about small landlords or sublessors who slip through the cracks.
>>538662605>doesn't stop at the stop signBased.
>>538662699Your temper tantrum is sad, not even funny
>>538662468> Doesn't answer question directly> Makes no attempt at all> Gives another generic piss that means fuck all answer
>>538662621Don’t thank me, I was insulting you.
>>538656321Oh, I have a academic inquiry.Why are you such an attention seeking faggot and can you live stream you killing yourself you gay nigger retard?
>>538656321There used to be rational behind this but now all wealth that trickle trickles down just goes to the lowest bidding third worlder. It does nothing for the citizenry.
>>538662764Just like your grasp of economic theory, your incomgruent philosophy, your sophmoric rhetoric, and the fact you think anyone would believe your papers have merit, if they existed at all.No temper tantrum at all. Just a sound rigorous discreditation of you in front of a crowd conclusively ruining any narrative sway you thought you could manufacture.
>>538662699Yes you are, congrats on your 300k, lol. You are still childless with an ugly wife litterally shaking right now writing these paragraphs about a world you are too stupid to understand.
>>538662855In the 1950's, it was believed that by the year 2020, we would be working 10 hours a week, since we'd have machines doing all our labor.Instead what happened was, the gains of machine labor accrued to a few thousand people at the top, and all the rest of us are forced to compete against machines and have our wages driven into the dirt
>>538662942If you're shitposting here, you are one of those people who the gains accrued to. You are the rich that you complain about.
>>538662889He has no education or skillsets, he's a loser
>>538663011In all of your economic models is it possible for the average worn week to ever go DOWN? Because it seems like, rents will always rise to a point where everyone is kept on the hampster wheel working 60 hours a week to survive.
I wish we had a thread like this everyday, we used to many years ago (t. former /new/sman). Eventually the world would improve simply from us having a daily thread regarding this topic.
Trickle down is voodoo>>538663052
>>538662889>>538662889No, actually. This is a regular thursay. I find this fun and entertaining; I've done so for 18 years. The reality is, you are not sufficient quality to be stimulating. You've adjusted your perception of me repeatedly, undermining any insight or authority that someone reading your posts could infer. You did not talk about your expertise. And you post exactly like a glowing group who uses a VPN to sway narratives with the same tropes and rhetoeic. I hope you're at least getting paid to get abused.>>538663063Your friend seems to think I do, anon who is now afraid to even address me.
>>538656321Can you summarize the theory in three sentences?Because I can’t guarantee we don’t live in a “trickle down” economy. We live in a “shit flows down, money flows up” usurious economy..The “trickle down” label is just used to confuse you.
>>538662942Thanks for mentioning this Due to the free market we produce things multiple times more effectively, yet life has not gotten better and in fact is arguably WORSE.Please God if one of these libertarians can answer this question for me I promise right now I will never question them again.
>>538663076Adam Smith hated the Landlords. More people need to be aware of Georgism. This is what you are looking for.https://youtu.be/Li_MGFRNqOE?si=tXIlAFJT0MsmgG-U
>>538663190currency debasement, artificial energy scarcity, regulation, intervention.
>>538663190We aren't more productive at producing things that actually matter. Due to regulations, we are less productive at producing housing starts per capitaWe graduate fewer doctors per capita than in the 80s, skyrocketing medical costsWe subsidize education but have fewer schools per person.It doesn't matter if "GDP" increases, aka we produce 40000 more furniture pieces and Iphones, if people can't afford rent.That's what's happened. We have gotten richer in regards to the goods we produce more of (Iphones, clothing, furniture) and poorer in regards to the goods we produce less of (housing, medical care, education)
>>538663165>Just a sound rigorous discreditation of you in front of a crowd>Mongolian Basket weaving forumI feel bad now. You obviously are not right in the head. Thats some next level... something. Ill stop making fun of you now. You cant even spell thursay, your obviously mad and I shouldnt of picked on one of Canada's handicapped.
>>538662346Capitalism is the idea that not only person can have a legal interest, and not only persons in a company can have a legal interest, but that capital itself can have a legal interest.That's it broskiAll your American free market translated into hienemann indoctrination is just that.Even communist governments although not having 'free market capitalism' all viewed capital as a legal entity with interest.Communism is just Judaism3 which is one corporation and that corporation is the government. If one single capital entity were to monopolise the market, it would simply be communist government. Where the the people own everything, just through an abstract outwardly capital legal entity.'free market capitalism' is just exposing the market to personal interests. But as soon as you introduce company interests then it's fucked and always ends up communistic direction no matter the cloak. Basically the abstract legal entity trying to create both supply and demand = fucked.You want it to be individuals and these abstract entities. Exposing it to in group interests or companies fucks it all up. You do essentially want to chop the market up into tiny abstract bits and let individuals only hold them. That's American free market. But all the mega corps and the fuckery now with pseudo oligarchy and post war social integration failure (was supposed to be class integration but the elites shat it and shoved brown people in our faces)Should watch the documentary 'posh and posher: Why Public School Boys Run Britain' is a good watch if you haven't. Basically we got the worst of both worlds. After WW2 it did really churn a little and we did truly get civic interest and governance but that fucked up and devolved back into social interests.
>>538663182Yup...Allowing those who invest their capital, rather than spend it, will yield better long term results via increased productivity than if we taxed and spent their money on BS. The wealthy focus on profit, maximizing output while minimizing input, efficiently using their capital to provide value and create wealth. Governments who would be taxing the wealthy have no such concerns, they are buying votes and inefficiently throwing money around at political projects that may or may not be a total waste of money and resources.
>>538663190Well what happens is that anything that is able to be mass-produces comes down for everyone. Blankets, hankerchiefs, computer parts....etc. the price drops.But there are a few things in particular which scale linearly with population size. Such as education, medical care, and housing. Theae 3 things are where the rich bid against the poor, and the poor get fucked. That's your $50,000 hospital bill, your $20,000 student loan payment..etc. Those are the 3 big items killing EVERYONE. And those are the 3 things in particular that immigrants get subsidized. So immigrants get all the benefits of modern mass production, while avoiding all the downside.
>>538663190Economists understand money and graphs. they dont really understand people.Or pretend they dont and only like to bring up psychological nuance when it suits them.Economists mistake humans for p-zombies and humans for p-zombies.They would prefer a world mostly populated by ai and bots becuase its more in line with its predictive models and simulations.Fun fact 95% of every economist is really just simulations and bots.
>>538663460Great minds think a like, those three items mentioned are exactly what i brought up here >>538663325
>>538663076Yes, leisure time and wage growths go hand in hand. Higher productivity per worker gives the worker more power to bid for more time off.
>>538663327Inconsistent spelling mistakes is a rhetorical strategy to disprove accusations of being AI. And making a statement like that means you absolutely know better, because a normal anon will either sperg out immediately, or respond on earnest. Of course you know there is a crowd; everyone lurking and the archive. That's the purpose of this thread to begin with, from a semiotic perspective.Who is swayed and why is irrelevant. The point is your performance has rendered the attempts associated with you ineffective, and has demonstrated you are not who you say you are, as well as not an "organic user" of this site. You glow, shill pretending to be canadian. As does your friend. Considering you both are paid to be here, I expect better. I'm here for free because I love it.
>>538663325>its waaay cheaper to build houses that will have the roof collapse and the foundation sink and the plumbing snap.It would be much better if we just overcharged people for favelas.Gatekeeping md degrees isnt whats causing skyrocketing medical costs chief. But i totally get why an economist bureaucrat would toss a doctor under the bus to save his own skin.
>>538663641Who's at fault if not the doctors and the AMA though?Are you now defending doctors who make over 200k a year? You're now defending the rich? The doctors are not the heros you think they are.
>>538663574Factually incorrect given productivity trends over the last 50 years.
>>538663685Productivity has decreased when you consider the sectors that humans rely on like housing and medical care.
>>538663574But I don't think that's happening. It feels like we're working longer and harder than ever.I don't even think that's an outcome of "capitalism", I think that's the mechanations of the Federal Reserve, which is trying to juice GDP as much as possible. I think that after a certain level, consumption isn't helpful but actually harmful to the human being. That's why you have to juice it with artificial means. Get everyone consuming things they don't need, keep everyone on the hampster wheel so the government can backstop its debt with a ballooning GDP number. The consequence of the debt-based economy
>>538663685Huh?
>>538663677I dont know . maybe you can tell me why markets inexorably "inherently" tied to (((insurence))) are the ones with runaway costs?
>>538663392> You may be for trickle down economics but surely your not for this sorry ass bunch of soft handed fuckin thin wrist bitchass elites and middle class we got lumped with. Willing to give as many drops of blood as they have good ideas.But they haven't. They went full leverage economy disregarding any need for value economy. Turned it into a playground for middlemen building tollbooths.Their great economic miracle has been, not in my fantasy system, has been, to take money via taxation and pay it back to themselves through various government schemes under the guise of social service and regulation. Turning the economy into a casino where they play the house.It's classic late stage monopoly game where the board is overdeveloped and you have a few whales colluding with the bank paying everyone welfare to keep them in the game year after year.You need to say whether you are talking about your fantasy economy or the one we actually live in . . .
>>538663677200k isnt rich bro.As an economist i would have thought you knew that
>>538663709Prove it. Maybe with your paper.Productivity has astronomically increased relative to technological gains. Housing and medicine are more productive; look at how productive Pfizer and various commercial real estate firms are.
>>538663742That's my point, productivity has decreased when you look at housing and healthcare. Government deficits and money printing has increased as a % of total output, devaluing the dollars you hold.If we maintained real free market policies since 1912, WW1 never happened, we would be in a utopia right now.
>>538663764And why, shill-kun, is an average of hours worked a measure of productivity, rather than output?
>>538663325Given what you’ve said, couldn’t we then lay blame on the 1% or whatever? They have chosen to produce useless consumer goods rather than essentials because of profit motive? I agree excessive regulation increases costs, but not to the degree in which we are at now. Also, wouldn’t deregulation (and the assumed drop in real estate prices that would follow according to your logic) deprive land owners of large amounts of their investment via unrealized gains? This would be “welfare” no? I’m not even close to an economist but I think the issue is too complex to even attempt to define a scientific theory on, that’s why I stick to simple moral fagging about helping thy neighbour. Seems like there’s a lot of love for early 1900s late 1800s capitalism. Can’t we chalk up most of the societal improvement during this time as being simply the effect of breakthrough inventions and technology rather than an optimal economic system? Are we to say technological progress is a result of free markets rather than human inventiveness ?
>>538660533>minimal arm hair?
>>538656421fair
>>538663317None of this explains why my neighborhood and businesses are entirely full of Indians. Also I’m too stupid to engage with what you said
>>538663874Its not, rising GDP per capita is the measure of productivity and output. The fact GDP per capita is growing well hours worked is shrinking goes to show your assumption about the past 50 years is, again, wrong.
>>538663764Boomers used to go to a cafe in Thier factory and get paid to eat broski. All you are looking at is crunching down what is counted as hours worked.People also do far more at work. Take plumbing for example. A domestic bathroom used to take two weeks to install. Nowadays same crew would be expected to deliver a more technically complex solution in a week.Just numbers on a piece of paper, don't let them device you. A tiny stockpile of food can be spread across a whole page, or even a spread of you wish.
>>538664004>People also do far more at workThis is what we were arguing about. I agree with you.
>>538663992You are lying with graphs. It shows that labour measured by hours is a red herring and deceptive, because GDP per capita and hours worked go down when you import a billion migrants into part time jobs, yet record profits are consistently posted in the absence of labour metrics to indicate the growth. Sure seems like each hour is worth more to ownership, but less to the individual; the opposite of trickledown economics.
>>538663460That makes sense to me. So what do we do to fix this then? Or is is even broken in the first place, and I’m just a malding poor person?
>>538663908If by the 1% you want to blame the doctors regulating medical schools into oblivion, and the landowners who are blocking housing construction, then yes I fully agree.The problem is leftists blame ppl like Elon Musk and Jeff Bezos, people who actually WANT to solve the problem, who push for policies that would benefit normal people, but are blocked by the NIMBY boomers and professional lobbys.
>>538664218This thread is almost done.To summarize: you are pushing a narrative. Anything that proves you wrong has been ignored or minimally addressed. You do not have published papers. And posts like this are propaganda from someone paid to be here.
what trickles down lets do small fry renumerationsthe idea of trickle down ecenomics is to sate those above to apease those belowwell sir we are the people never forget that
the op is only proving how shit right win_ economics are becuase its all based on a virtue that anyone less than jesus or the buddah could never ever have.This thread is just another symptom that the capitalists are panicking.I definitly smell fear .They know the communist revolutiin is coming. And they are starting to blame others before they get lined up against the wall.heres a question OP what will you and your family do when the revolution comes and kicks down your door?
>>538663969Western world and all countries eventually will go through a demographic crisis due to long age. People don't understand the impact of 25 unproductive years chucked on at the end of everyone's lives.Would it suprise you to know that the number of people out with working age hasn't changed much in any country since WW2 and before. Based on development of course, but that also works as a multiplier for the issue.That we have simply replaced children with old people. That the biological economy, that it takes 9 months to gestate a child and a certain amount of one on one time, and that goes for pension care too, is a static economy since been beginning of time. Doesn't matter you can split an atom or turn a piece of metal you used to make two hammers out of in 6 hours, now into 1000 phone casings in an hour.Japan tired robots, people freak out, breaks human mind rapid.So they are betting on AI and robots doing productive shit.All so the boomers can get one more wedding, one more dream car hahahaBut it's a demographic crisis and people have to get to grips with it. It's essentially like a glass ceiling to development. You have to reorganise for long life, a plant that takes 12 weeks to fruit and one which takes 18 is a whole different garden set up.The short answer is women need to have one child young and one 8/10 years later and another on same timescale if they wish. That way you can work to 60 and semi retire then retire fully at 75 assuming 90 years with a stable population.The Indians are raw labour shortage. Most go into care and all their migration can be encapsulated by care industry expansion.Finally to answer tldr, care is shitty 1:1 direct labour. We have a big problem with boomers making brass clocks 50 years ago now wanting to trade that for labour from a smaller pool = smaller productive economy.And boomers on average do want to live forever, it's disgusting.
>>538664093Thats the data, I dont know what to tell you. My rare ability to grasp that is what made me rich, as a zen Buddhist I can put aside from preconceived notions imparted by social media. Im really getting into epistemology and especially Karl Popper, predictive information is the best test of truth. These graphs are predictive (thats why hedgefunds pay economists to make them).Take a look at this graph >>538663992. Its my favourite graph of all time. I post it a lot, I both love and am saddened most people cant even understand what its saying. You think yourself a smart man, do you understand what it means? Do you understand how it likely relates to you?
Ngl this thread has only made me believe more that nobody has any clue what’s going on.rvtvrn
>>538664438>zen buddhistyou mean retarded nihilist? I dont care what made you rich; it did not help anyone, produce value, or make you more competent. I don't think I'm smart at all, I work with genuinely intelligent people and specialize in making motherfucking graphs as well as running the studies that create them, but you are a layer more pretentious and stupider than I, and that's frankly remarkable. You have no substance. Very zen.
>>538664438You sound like the last yuppie alive
>>538664438i see a butterfly landing on a nuclearbomb in summer while the moon kisses it did i do good.mb nycylya
>>538664578True>>538664521Kek. Back to being a seething loser with no response to neoliberalisms predictive advantage. Just a sound rigorous discreditation of you in front of a crowd conclusively ruining any narrative sway you thought you could manufacture.Stay mad with an ugly childless wife 300k poorfag, lol!
>>538664725Im calling the police right fucking now!
>>538656490When people lived in tribes we got free shit all the time from other tribe members.
>>538664804Wow, a heel turn at the last second after faggot pretentious zen buddhist posting. Almost like you dont believe in anything.You posted a retard american politics graph and are acting smug, without realizing I've already presented a solution for neoliberalism's corporate bullshit like two hours ago. Neoliberalism is dead. We are going into technofeudalism centered around globalized economic hub city states, as predicted 20 years ago. Your american politics corona virus graph is irrelevant because the stock market was never real in the first place, with high frequency trading relative to symbolic cycles always being a sure fire way for any retard with startup capital to make bank, except now investment trusts are "too big to fail" their electorate (boomers) because trickledown economics doesnt work, which is why they changed the rules for spacex's ipo.
>>538665003>Didn't even understand the graph.This poor nigga mad, write moar faggot! LOL
>>538665101Third time you've said it, and you didnt understand my post at all. Fun fact, I specialize in semiotics and semantic data aggregation; I probably know more about that graph than you do. I did not discuss it because I do not discuss american politics online, particularly with people who have a low level of discourse, because I have a masters in post structural political theory, and read it for fun on the side.
>>538664382The answer to this should be a societal biting of the bullet, not the cessation of national identity. But that’s just my personal opinion
>>538660463>You;d have to specificy more.I disagree
>>538658397Thats because they have paired the trickle-down philosophy to patriotism and concern for their future generations, whereas western elites have contempt for their own young people.This was the idea in the Reagan era too. Reagan loved America and wanted the best future possible for young Americans.Reagans polices greatly benefitted western boomers who in turn perverted the concept to invest in other peoples young people rather than Americas.
>>538661930agree. Certainly helped me at work and also generated new business.I work in tech repair and accessories.
