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Joined 1 year ago
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Cake day: June 26th, 2023

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  • So, that comment section is heavily nested and hard to read on mobile

    I read through that article and to be honest, I think it’s trash. I’ve already mentioned why the BLS statistics are deceiving, but even the article doesn’t hide that the economy isn’t doing better, it’s just the US is doing better than all the other countries. It doesn’t emphasize that we’re all dropping in performance, but justifies our economy is good because we aren’t suffering as hard.

    But the rest of the world is suffering worse than we are, because they depend on our currency, and we have policy control over that. It was a decision to make ourselves relatively better off than our competition by making policy that harms them more.

    I’m not saying anything nice about Trump, and he’s a more extreme version of the following, but Bidens policy is still “America First with a finger up to the rest of the world if that’s what it takes”









  • My sister showed me a fun drinking game recently:

    One person closes their eyes until the other person/people decide on a number 1-10.

    After they all agree, the person opens their eyes then asks the group to rate an item from a category 1-10. Do this with 3 different categories. At the end, the person tries to guess which number was agreed on.

    So, the group could agree on 7/10 and the guesser could ask “types of beers” and the group could say lagunitas, skulpin, etc …

    Other good questions involve “people we both know”, “sexual experiences”…








  • Capitalism isn’t necessarily bad, but unregulated capitalism encourages the most cut throat to thrive.

    Capitalism is a great economic model when you can have a competitive market, but oligopolies, monopolies, and monopsonies are natural. After you have no where else to go, labor is a cost, and capitalism encourages the cut throat to minimize that by any means.

    Also, even right wing economists agree there are some market failures within capitalism. It encourages you to not consider the economic impact outside of your company. These are typically referred to as negative externalities.

    Smokers are a negative externality to the health care system. When a corporation gets hacked, their clients suffer the consequences for when their stolen data is abused. No corporation can stop all other corporations from polluting with cheaper energy, and the most cost effective will thrive in a capitalist system. So all corporations have to choose dirtier cheaper energy.

    These are all examples of market failures. Regulation compatibile with capitalism include taxing negative externalities and using that money to subsidize positive externalities.

    Tax smokers and use the money to fund health care. Fine corps for getting hacked and subsidize hackers to pen test systems. Tax dirtier forms of energy and subsidize greener sources.