Comments by "Zach B" (@zachb1706) on "CNN"
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Because they earned it. Call it greed, call it anything. However what I call it is incentive, and these incentives have driven capitalism for decades.
These billionaires have built up some of the most successful multinational corporations ever, theyâve change lives. Amazon, Microsoft, Apple - their innovations have quite literally changed the world. And they get money, which they can reinvest, they can donate or they can give to their children.
Thatâs completely on them. To cap wealth, or have a wealth tax would incentivise these billionaires to invest elsewhere, live elsewhere, and take all of those taxes that their company provides with them.
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He wasnât impeached.
This supposed âcagingâ of children was simply a practice that President Obama brought in. Not trump, Obama - and Biden too.
He dodged the draft on one of the worst American wars. It was terrible, and we had 18 year olds forced into it to die for what? To stop communism in a third world country?
Biden also has sexual assault charges. You wouldnât know, because the media hides it.
He never tear gassed, nor ordered protesters to get tear gassed. In fact, not a subject person teargassed was a protester anyway - they were rioters and they were involved in riots. These riots have killed dozens of people, caused billions in damages - and almost all of that has occurred in democrat run states.
He doesnât want to get rid of healthcare, he wants to get rid of âObamacareâ, and he wants to replace it with a better system.
He jokingly asked a question about bleach. So what? Even if he was sincere (which he wasnât), he is simply asking a medical expert a question about treatment. I though the left liked experts.
There you go, almost everything you said debunked. And thank you, you almost filled out my Orange Man Bad bingo card!
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archimonde prior to the 1970s, China has a heavily planned economy, with a GDP growth rate of around 2.7%.
In the late 1970s, China enacted its first part of the âOpening of Chinaâ, which involved allowing foreign investment, reduced collectivism in Agriculture, and allowed entrepreneurs to start businesses. In the 1980s, China started to expand this to more state owned industries. In 1975, it stopped itâs price controlling practices, and started to open up to free trade.
Since 1978 chinas growth rate has steadied to around 6-7%, and has lifted hundreds of millions out of poverty.
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archimonde and thatâs a problem? Why should I have to provide for people who arenât intelligent or most of the time donât want to put the work in themselves. Yes, it leaves bad people behind, it pushed you to be the best, most innovative individual you can be. Thatâs why it works.
You canât have private investment in socialism because itâs a planned economy. All resources are managed by the state, and so individuals have very little freedom, very little incentive to work and no opportunity to innovate. If America was socialist, we wouldnât have the technological boom, we wouldnât have tiny smartphones as powerful as computers for example. That was brought in through innovation.
On top of the incentive that profits have, profits that the company accrues can be put back into innovation. This means the best are incentivised to do it again, and that they have more resources to do whatever their business is. It distributes the resources to those with the best ideas, making those ideas shine.
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Jayne Berkley I find it very hard to believe the senate will be lost. Anyway, if biden takes power it will be a colossal failure for America. His ideas would hurt American businesses, his past has proven so. Before covid, trump had the economy in the best shape it was ever in. He cut taxes, he got rid of some loopholes and deductions, he deregulated businesses, freeing them up to turn a profit. He promoted investment into poorer communities through the opportunity zones system. He signed the USMCA agreement, much better than NAFTA, bringing jobs back to America.
Paris climate agreements are fine, but the economy comes first. The people, come first
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