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Comments by "Grim Affiliations" (@grimaffiliations3671) on "The American Dream Isn't Dead... You Just Can't Afford It" video.
@NevisYsbryd It should be the norm though, in by far the richest country in the history of the world. But thanks to fearmongering about socialism, most Americans are denied the quality of life found in far poorer nations
43
social housing only works when your market based housing is allowed to flourish as well. But we have regulations than ban all forms of housing except single family homes
3
land value tax!
3
@georgerogers1166 and replace it with a land value tax
2
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the bond market that is a source of wealth to so many in the private sector
2
its definitely supply in the US, They've been underbuilding for decades
2
tory austerity at work
1
@thewaywardgrape3838 ?
1
@thewaywardgrape3838 ?
1
@thewaywardgrape3838 ?
1
nah it was mainly about wealth, and most of our wealth is going to the top 10%
1
@solracer66 you have too many negatives in that last sentence so im a lil confused. What do you mean "undone by not overriding local covenants"
1
@solracer66 facts, 100% agree. Real shame it doesn't override local nimby's
1
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also, the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would mean wiping out the bond market that is a source of wealth to so many in the private sector
1
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the bond market that is a source of wealth to so many in the private sector
1
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the b0nd market that is a source of wealth to so many in the private sector.
1
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the bond market that is a source of wealth to so many in the private sector.
1
@BTrain-is8ch The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the bond market that is a source of wealth to so many in the private sector
1
@Jdogg4089 The country doesn't "make" anything. It's not like a household or a private business. Taxes do not fund anything the government does, they're debited out of existence at the IRS. They're not a form of revenue, they're a way to manage inflation and create demand for the dollar. So when they deficit spend, they're not spending more than they made, they're spending more than they deleted via taxation. And that's a good thing, if they taxed away everything they spent, eventually the private sector would be starved into collapse. Also the government's "debt" is our assets and savings, every liability has an asset on the other side. Getting rid of the governments debt would be wiping out the bond market that is a source of wealth to so many in the private sector
1
cpi is an aggregate
1