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Old 11-03-2020, 06:40 PM
  #31  
Duffman
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Joined APC: Jan 2018
Posts: 644
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Originally Posted by SonicFlyer View Post
Which is why taxes should be virtually non-existent.

And this money you want to give to "poor people" ... where does it come from?
I'm not on the Libertarian train. I see it more as workers working themselves to death, in a lifetime of debt for crappy furniture from the company store. The market doesn't always prevail. It'd be like removing all rules from the NFL, everyone starts using 'roids and bringing weapons to the line of scrimmage, but saying, "they'll eventually police themselves." They might, but not for a long time and not until a lot of damage has been done. In my ideal world we'd financially incentivize "made in America" and bring manufacturing back from China. I don't think it'd be as expensive as everyone thinks. The average Chinese factory worker makes about $6/hr whereas an American would cost $15-$20, plus all the environmental regulations, but at-scale, those costs are significant.

Also, every American man, woman, and child is in almost $10k of debt for the CARES Act for money that all trickled up. Like it or not, we're effectively doing MMT right now. I'm not a fan at all. Billionaires don't spend the money they make, effectively not closing the loop so our financial institution hasn't been a closed system for a looonnnggg time. We're really testing Bretton Woods right now, which relies on global buy-in for the USD at a time we're trying to become more isolationist.

Last edited by Duffman; 11-03-2020 at 06:50 PM.
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