Comments by "Errror42" (@nietur) on "Is Kamala Going to Wreck the U.S. Economy? | @visualeconomiken" video.

  1. Military budget: $849.8 billion (7.8 B increase) 300 million dollars for teachers: But how is she going to finance that? 🤔🤔🤔
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  2. It is a tax (that decreases economic efficiency and secures jobs), so same as every tax: It would decrease the budget deficit (if costs constant). You're just saying: "I don't want higher taxes". Well, money's gotta come from somewhere.
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  3. They will increase the price of whatever the tariff is on. Increasing tariffs on produce when farms are doing good / producing at capacity, doesn't make sense and would be unpopular. Expect price increases on everything else with an international supply chain.
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  4. Yup, US consumers subsidize drug development for the rest of the world. + Ozempic is profitable enough to not need subsidies. Overpaying for a highly profitable drug and hoping the profit gets spent on new drugs instead of helping new drug development directly / making less profitable drugs more profitable.
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  5.  @ajr993  Teachers are crucial. Following your own logic, this allows us to spend 850 billion on them. Crucial doesn't mean you have to spend that much. Several hundred of billions of which are how much profit and how much of that is enabled by the government spending? The industry can still produce weapons even if the state buys 0 of it. Yeah, we don't want TSMC to suddenly go boom. Does that justify 850 billion? Wouldn't 849.7 billion have the exact same effect? 850 billion also gives you a significant negotiating leverage. Compare to average worker with a degree instead. There's a shortage of teachers which justifies a higher price.
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  6. 5:35 So what if the state did pay back the tax you paid? If that's the only argument against it, it's really weak. Just refund the taxes ¯\_(ツ)_/¯
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  7.  @KaybeCA  300 million is nothing. Fighting against pirates isn't that expensive.
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