NYC crime down 90% in less than 3 decades

[seer]

Right military spending!

[Sparko]

All the unemployed MAGA people in the red states could be shipped down to a camp in Texas, and they could wear their red MAGA hats while shoveling dirt.

They would have to deport all of the illegal Mexicans who have all those jobs first.

[seer]

Finland to end free money! Oh the horror!

Finland Has Second Thoughts About Giving Free Money to Jobless People
https://www.nytimes.com/2018/04/24/b...ic-income.html

[One Bad Pig]

Um, this article points out the problem was that the money was never actually spent. The infrastructure budget dropped massively rather than getting stimulated.

Oh, you can rest assured the money was spent - just not on infrastructure.

[Mountain Man]

As far as I am aware, an open government offer of employment for as many unemployed people as wanted it (also known as a "job guarantee"), has not been implemented many times "throughout history". To the best of my knowledge it's been implemented a grand total of 3 times, all in the 21st century, and only partially and in response to particular circumstances those three times, rather than as a general economic policy.

It's basic socialism. Socialism has NEVER worked, no matter how many different ways people try to repackage it

[Sparko]

It's basic socialism. Socialism has NEVER worked, no matter how many different ways people try to repackage it

But what about Star Trek?

[rogue06]

Um, this article points out the problem was that the money was never actually spent. The infrastructure budget dropped massively rather than getting stimulated.

I would comment though there is potentially an important difference between: 1) Short-term stimulus programs of the kind Obama wanted to try in order to undo the recession rapidly ("Find 10 million jobs for people with shovels! Stat! Get them all working ASAP!") where there is urgency associated with rapidly trying to scale up the stimulus and the scale it down again after a couple of years; as compared to 2) a permanent program the exists providing jobs for unemployed people which doesn't typically fluctuate rapidly in the number of people it's providing jobs for (it's not expected to deal with recessions but rather for 'normal' economic times like the present) so year to year the number of people it's providing jobs for might fluctuate by 10% (rather than the ten million percent that a short-term anti-recession program tries to deal with) so more sensible medium and long-term planning can be done.

The money was spent. Where it went is a different matter. That's what happens far too often when you give a massive amount of money to a bunch of greedy politicians. The money starts vanishing down rabbit holes faster than you can blink.

[rogue06]

You'll have to clarify what 'business-friendly' policies you are thinking of. The only major piece of legislation the Republicans have passed has been the tax scam that gave billions of dollars in tax breaks to multinationals and rocketed up the national deficit and the debt.

As anyone with even a basic understanding of economics could have told you...

From Investor's Business daily:

Source: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves

$6.1 trillion bigger by 2027 than it did before the tax cuts.

The CBO report also makes clear that this faster-growing economy will offset most of the costs of the Trump tax cuts.

In a table buried in the appendix of the CBO report, it shows that, before accounting for economic growth, the tax cuts Trump signed into law late last year would cut federal revenues by $1.69 trillion from 2018-2027.

But it goes on to say that higher rate of GDP growth will produce $1.1 trillion in new revenues. In other words, 65% of the tax cuts are paid for by extra economic growth.

00000000000000ars7a.jpg

Spending Is the Real CulpritSource

© Copyright Original Source

[rogue06]

Finland to end free money! Oh the horror!

Finland to end free money! Oh the horror!

Finland Has Second Thoughts About Giving Free Money to Jobless People
https://www.nytimes.com/2018/04/24/b...ic-income.html

Dangblasted %#$@# Trump smiley fist shake.gif

[seer]

As anyone with even a basic understanding of economics could have told you...

From Investor's Business daily:

But we can't let facts get in the way while destroying Trump...

[Starlight]

As anyone with even a basic understanding of economics could have told you...

1. Tax cuts reduce economic growth, not increase it, as empirical data from around the world demonstrates.
2. Your article is purely speculative, about possible fantasized future economic growth.
3. The CBO already does totally unreasonably play into Republican fantasies because the Republicans have used their political power to force them to.

It's basic socialism. Socialism has NEVER worked, no matter how many different ways people try to repackage it

The only thing here that's never worked is your brain. Try engaging it before making such absurd statements.

Finland to end free money! Oh the horror!

It is an experiment that is running its course. It will continue until the end of this year as planned, and the next stage will be processing the data gathered and then analyzing that data to see what effects it had. If it turns out it worked really well, the government will likely implement it as general policy or do more experiments on the subject. They are also experimenting with other ideas. But at this stage they will end the basic income experiment at the end of this year as planned, rather than continue it, in order to analyse the results rather than keeping it going for the sake of it.

[Mountain Man]

"The problem with socialism is that you eventually run out of other people's money."
-Margaret Thatcher

[Starlight]

"The problem with socialism is that you eventually run out of other people's money."
-Margaret Thatcher

She was wrong about pretty much everything, and her political policies were atrocious. What else is new?

[Mountain Man]

[Starlight]

Margaret Thatcher named worst Prime Minister in 100 years (2016 poll of historical writers), even beating the notable failure Neville Chamberlain.

So I don't find something Thatcher once said to be worthwhile evidence for the truth of your worldview. I think your own political position has been repeatedly proven empirically around the world to be an utter failure. People across the Western world are increasingly sick of your idiotic and ideological right-wing policies that only serve to harm most of society while funneling money into the pockets of the ultra-wealthy. It's time for a bit more government by the people and for the people, rather than having the ultra-rich owning the politicians who in turn funnel money into their pockets via things like the recent Republican tax scam bill and ludicrous military spending that are both blowing up the debt and deficit.