It's not for nothing,it's to fund Israel and his genocide
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Won't somebody think of the military industrial complex!?
But, they do have good, hard working folks like Elon Musk. That alone makes it all worth it. /s
Amerikkka has centibillionaires and trillionaires. Those are super-expensive.
But we have more billionaires than any other country. Isn't that what makes America great? What more do you want?
Here. Elon Musk and Jeff Bezos will trickle down a little more on your head. There you go. Now don't you feel all warm and soaking wet? Bitch.
But the DOW…
Does that secretary of the week even still have their job?
If all the DSA's in the running get elected, we'll see some measure of change.
There were only like six Tea Party reps that got elected way back when, and we saw how they were able to shake things up.
The Tea Party was pushing on an open door. Democrats and Republicans alike were enthusiastically in favor of slashing SS/Medicare, gutting education and housing development, privatizing prisons, and cutting taxes.
The DSA will have an uphill battle. Everything they're asking for in the US is Haram under the current socio-economic order.
To add to UnderpantsWeevil's response there is also a pent up demand for something better but that better is going to take time and negotiations (since DSA will not have majority control). My worry is that people will get frustrated that things are not changing fast enough and vote out the progressives.
The necessary changes cannot go through reform, though. Even if the DSA wins, those gains will be temporary at best. Socialism is still necessary, and still requires smashing the capitalist state apparatus and replacing it.
I still say that is the real problem with Biden’s strategy. So many of the good things done then were long term improvements where we needed to stay the course. Then people got impatient and voted for the chaos we have now
And that’s going to be a huge problem win for the future. Just like American corporations who can no longer think or plan beyond the next quarter, American government can no longer think or plan beyond 2 years.
Our most needed fixes are long term, systemic fixes. Not just single payer healthcare, ubi, ssa, but all sorts of infrastructure (power generation and transmission, transportation, development, water, new technology, science, education). Everywhere I turn we seem to be building beyond what we can afford while having no plan to maintain what is there. We didn’t bring a ladder but keep digging this grave deeper thinking we’ll get out somehow
Oh but they have a lot to show for it. Ask anyone living in Iran. Or Israel.
Just not in the USA itself.
What a weird concept.
Everybody in the world can see what American money buys, except Americans.
We can see it just fine. There's nothing we can do. If you say take arms and start killing people, you'll get a nice ban. Even if we did that, tye rich would hide in their secret bunkers until we all died and buy our houses for pennies on the dollar, and then they'll be in your country buying all your stuff because it still will not be enough.
Workers can still practice the age-old mantra, educate, agitate, organize. Revolutions are made by the people, but they do not succeed without mass class consciousness and organized leadership. This is where making worker parties come in, by creating educated and disciplined worker organizations, through collective struggle the people come to more correct understandings of the class struggle. The answer isn't to take up arms immediately, because the people aren't unified. This can only come through consistent, deliberate education.
There is consistent, deliberate miseducation, propaganda, and psyops on a mass scale. It will be interesting to see how society adapts to survive it when there are cameras and precrime detection algos everywhere.
I heard Florida banned Flock. Assuming that's not a cover story for giving a contract to someone's other surveillance company, that's decent news. I wouldn't expect such a shitty state to make such a progressive decision.
I think some did not see it till it was used internally but are waking up. unfortunately some still are blind to it.
You'd think they'd have at least bullet trains.
They keep emphasizing 'trains'. You gotta know your market. Emphasize the 'bullet'.
Yeah, we have all sorts of trains, at least for freight, but no “bullet”. How did that happen?
Technically there’s Acela - this morning I watched a video where someone used their gps to catch Acela hitting its top speed of 160mph. High speed rail! Technically. For a few minutes
You can thank the oil industry for that (well auto too). They don’t want any competition for intercity travel. Couple it with the freight train companies that don’t want to share the tracks, so you have to build new tracks. Then you end up with the NIMBYs who are like “I don’t want you going through my land, I may need it some day” and you end up with a stupidly high barrier to entry.
And even the military is a laughing stock and being out of stock of interceptor missiles.
They have an aircraft carrier with no catering that would be sunk by hypersonics within minutes of a real war breaking out.
Guess who holds 460 billion dollars worth of it?
I was going to guess Stablecoins, but they only appear to hold $250B. Hedge Funds apparently hold over $2T.
Then I was going to guess Japan or the UK, but it turns out they hold way more - $1.1T and $925B - respectively.
Apparently, the Cayman Islands holds $460B. Is that the answer?
We did get stuff, poisoned water, poisoned food, and maybe a trillionaire!
Come on, we have our very own trillionaire!
In principle, being the preferred world currency and reserve currency means that Treasury bonds are a safe way to build their reserves while gaining interest. This keeps the American dollar and the American led world relevant. In other words, if America goes down, so will you. This also gives the US a lot of coersive leverage over developing nations to exploit their land and labor. This means that the core of the US empire gets access to cheap resources and labor. What the US gets is highly malleable power.
You’re using the wrong verb tense here. All of that used to be true, but a lot of the current chaos and destruction goes toward reducing this power.
We painted ourselves into a corner here throwing away advantages left and right thinking we’ll always be able to influence or economically coerce other countries, but now we seem to be throwing that away as well, just to be jackasses
Companies don't pay enough so the whole tax base is lower than it should be, and definitely need higher tax rates, like it was when so much of the country was built and funded publicly. Some claim to want those olden days again, and wouldn't pay the full taxes anyway after all the deductions. Higher wages and if ever had healthcare for all, workers would have much better quality of life, less stress from scarcity, closer to EU benefits, but still not paid sick, family leave and vacation time at all jobs.
Enough workers must get better benefits than others, they say everyone can do the same, but it's not true, and it's an example of the selfishness that runs deep. Another example is when they see others with benefits they don't have, they want it taken away, rather than realize they deserve it too. From the lore of "pioneers, explorers and the self-made who did it all on their own," people today think they did too. Good for those that really did, and lots of hard workers for sure, but most had help in various ways they don't recognize. I'm not sure if anything will get them to see the truth, since they rely so much on their team for identity, and it teaches them to stay in the basic right/wrong thinking and don't want to think beyond that, too hard, and thinking is stoopid!
But at least the extreme wealthy are paying less in taxes than any time since taxes began
/s
Nations who hold sovereignty over their currency can’t be in debt in that currency any way that can be mistaken as problematic unless they choose it to be.
The ‘National Debt’ for such entities is merely the tally of their currency which is yet to be obliterated through taxation.
There’s also no such thing as ‘taxpayer money’ in their context, perpetuating this specious notion unnecessarily inflates the legitimacy of corrosive policies.
theres also disconnect between the voters and the debt, they dont anything is happening to them financially so they ignore it.

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