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This could work, but I still prefer rounding them up and feeding them into wood chippers, Trillionaires first, then the billionaires. And that will put the fear of god into the millionaires!
Whenever Larry Summers warns about inflation and says unemployment is too low my response is that Harvard should fire him immediately so he can do his part.
I remember when Republican philosophy was to ignore poor people. Then came the Reagan years. Now, Republicans believe that poor people should be punished with tax increases and benefit cuts. Because the Republicans are such good Christians.
The only The New Yorker cartoon that ever read (ironically, it was in an ECON 101 textbook that I had back in the early 80âs) had two guys at a cocktail party. One guy says to another, âI just found two economists that agree!â
I simply would like to remind those modern subscribers of the trickle-down economic theory that the eventual downfall of the Roman Empire was a direct result of a very similar economic model where the middle class and poor were over-taxed in order to keep the rich wealthier, and for political control to be retained by a priviledged few.
Ironically, the only reason the Roman Empire was able to sustain itself economically for as long as it did was it was propped up by expansionism, slave labor, and political manupulation and exploitation of the masses. Sound familiar?
There is no inflation. There is no lack of supply. There is only hoarding and price gouging. Raising interest rates only makes it more expensive to gain control of a source.
Except you donât fight inflation by increasing unemployment; they have an inverse effect on one another. We fight inflation primarily by manipulation of bank rates. Nonetheless, taxing the rich seems like a good idea, even if it wouldnât affect inflation.
I view economists in general as worthless. The neo-liberal idea of economics has one purpose and one purpose alone. To make the rich richer and to screw everybody else. The idiot/traitor reagan could have simply looked at Chile, where neo-liberalism had destroyed not only the economy but a democratic government as well. âOne of the founders of neo-liberalism stated that âcapitalism is more important than democracy.ââ
â[Neo-liberalisms} Anonymity is both a symptom and cause of its power. It has played a major role in a remarkable variety of crises: the financial meltdown of 2007â8, the offshoring of wealth and power, of which the Panama Papers offer us merely a glimpse, the slow collapse of public health and education, resurgent child poverty, the epidemic of loneliness, the collapse of ecosystems, the rise of Donald Trump.â
âŚ..10 years laterâŚon Counter-EarthâŚâWhy are the shelves bare in Whole Foods. Why is there only one brand of government-issued bread?ââWhy must I drive this government-issued electric buggy? There is no A/C and the only radio station is 24 hr propaganda?ââWhy must I wait 10 months for a hip replacement made of wood? Iâm in pain nowââWhy must I show joyous emotion whenever the supreme Leader speaks, even though he put my brothers in labor camps?âYes boys & girls. It seems that Counter-World is now in full blown socialist-dictator mode. Enjoy your government-issued potato dinner.
cmxx over 1 year ago
And it is.
John Lustig (Last Kiss) creator over 1 year ago
I want to live on Counter EarthâŚunless Iâm rich. Am I rich?
Nope. Iâm a cartoonist. So Iâm heading to Counter Earth and happiness!!!
Say What Nowâ˝ Premium Member over 1 year ago
Welcome to the Thatcher/Reagan world.
Space_cat over 1 year ago
This could work, but I still prefer rounding them up and feeding them into wood chippers, Trillionaires first, then the billionaires. And that will put the fear of god into the millionaires!
danielmkimmel over 1 year ago
Whenever Larry Summers warns about inflation and says unemployment is too low my response is that Harvard should fire him immediately so he can do his part.
JD_Rhoades over 1 year ago
A system in which more people earning more money is a bad thing is irretrievably broken.
WaitingMan over 1 year ago
I remember when Republican philosophy was to ignore poor people. Then came the Reagan years. Now, Republicans believe that poor people should be punished with tax increases and benefit cuts. Because the Republicans are such good Christians.
Decepticomic over 1 year ago
âCapitalism sucksâ and so forth. Now, how can I get to Counter Earth? Is there a star gate or something?
Droptma Styx over 1 year ago
Itâs not comforting to know economists are equally hapless on both Earths
notmoving Premium Member over 1 year ago
I will repeat myself here⌠Whaaaat?
Dr. Quatermass over 1 year ago
The only The New Yorker cartoon that ever read (ironically, it was in an ECON 101 textbook that I had back in the early 80âs) had two guys at a cocktail party. One guy says to another, âI just found two economists that agree!â
ÂŻ over 1 year ago
The rich invented the trickle down fantasy because they knew the poor would never accept being told to go do something-or-other upwards on a rope.
Plumb.Bob Premium Member over 1 year ago
Letâs try trickle up economics for awhile instead of the Hoover it up system we have now.
Linguist over 1 year ago
I simply would like to remind those modern subscribers of the trickle-down economic theory that the eventual downfall of the Roman Empire was a direct result of a very similar economic model where the middle class and poor were over-taxed in order to keep the rich wealthier, and for political control to be retained by a priviledged few.
Ironically, the only reason the Roman Empire was able to sustain itself economically for as long as it did was it was propped up by expansionism, slave labor, and political manupulation and exploitation of the masses. Sound familiar?
Mike Baldwin creator over 1 year ago
Amongst other things, I think ultra low interest rates for so long caused a lot of damage. Double-edged sword. Discuss.
Cpeckbourlioux over 1 year ago
Bizarro Earth.
PoodleGroomer over 1 year ago
There is no inflation. There is no lack of supply. There is only hoarding and price gouging. Raising interest rates only makes it more expensive to gain control of a source.
patrickab7 over 1 year ago
Wonder what Xof News thinks of all of that.
willie_mctell over 1 year ago
Note that the standard of proof is similar.
anomaly over 1 year ago
Except you donât fight inflation by increasing unemployment; they have an inverse effect on one another. We fight inflation primarily by manipulation of bank rates. Nonetheless, taxing the rich seems like a good idea, even if it wouldnât affect inflation.
banjoAhhh! over 1 year ago
I view economists in general as worthless. The neo-liberal idea of economics has one purpose and one purpose alone. To make the rich richer and to screw everybody else. The idiot/traitor reagan could have simply looked at Chile, where neo-liberalism had destroyed not only the economy but a democratic government as well. âOne of the founders of neo-liberalism stated that âcapitalism is more important than democracy.ââ
â[Neo-liberalisms} Anonymity is both a symptom and cause of its power. It has played a major role in a remarkable variety of crises: the financial meltdown of 2007â8, the offshoring of wealth and power, of which the Panama Papers offer us merely a glimpse, the slow collapse of public health and education, resurgent child poverty, the epidemic of loneliness, the collapse of ecosystems, the rise of Donald Trump.â
banjoAhhh! over 1 year ago
My quote is from George Monbiot
Stopthespendingnow over 1 year ago
âŚ..10 years laterâŚon Counter-EarthâŚâWhy are the shelves bare in Whole Foods. Why is there only one brand of government-issued bread?ââWhy must I drive this government-issued electric buggy? There is no A/C and the only radio station is 24 hr propaganda?ââWhy must I wait 10 months for a hip replacement made of wood? Iâm in pain nowââWhy must I show joyous emotion whenever the supreme Leader speaks, even though he put my brothers in labor camps?âYes boys & girls. It seems that Counter-World is now in full blown socialist-dictator mode. Enjoy your government-issued potato dinner.
eddi-TBH over 1 year ago
Keep the poor honest. Tax them until they canât afford to bribe their politicians.
AtomicForce91 Premium Member over 1 year ago
So on Counter Earth they steal from people without consequence in the name of restorative justice. That sounds just like our Earth.
andrew5 over 1 year ago
âThereâs no shortage of money. Itâs just in the wrong hands.â