Trump's Yangbucks

[demi-conservative]

Apparently I should have been talking about a pandemic instead of automation.
https://twitter.com/AndrewYang/statu...95725721944065

Too late, Trump now has the opportunity to centralise and embrace some amount of welfare socialism.

[seanD]

It's amazing that conservatives are okay with all this. It's not just the bailouts and stimulus programs, but the sheer government overreach in all this. First the government had central control of the markets, now they have complete central control of private companies.

[demi-conservative]

It's amazing that conservatives are okay with all this. It's not just the bailouts and stimulus programs, but the sheer government overreach in all this. First the government had central control of the markets, now they have complete central control of private companies.

Why is it amazing that there is a big difference between the talk and the reality?

[seanD]

Why is it amazing that there is a big difference between the talk and the reality?

You'd also think the progressives would be loving all this socialism and free money. You'd think they'd be praising Trump. Both sides are hypocrites, which is why the partisan trench warfare charade is so obnoxious.

[demi-conservative]

You'd also think the progressives would be loving all this socialism and free money. You'd think they'd be praising Trump. Both sides are hypocrites, which is why the partisan trench warfare charade is so obnoxious.

That's too harsh. Both sides are tribal, because it is human to be tribal.

Trump is one of those rare people that can redefine the tribal lines. The recession will probably last until the election, and he has the opportunity to centralise and embrace UBI and other welfare.

[demi-conservative]

Pelosi is blocking the EmergencyUBI in favor of means-testing. Are you kidding me?

Separately, House Speaker Nancy Pelosi (D-Calif.) supports a more targeted approach to those hit hardest by any economic downturn, as opposed to money sent to every American, and Pelosi wants this done via refundable tax credits, expanded unemployment and possibly direct cash payments as well.
https://www.washingtonpost.com/opini...-might-happen/

Trump supports UBI, and Pelosi wants means testing? It's too good

[demi-conservative]

Demi lives in interesting times.

Canada is closing its border and Mexico has threatened to close theirs saying they don't want infected Americans coming into the country. There's some weapons grade irony there.

Pelosi is blocking the EmergencyUBI in favor of means-testing. Are you kidding me?

Suddenly, both parties want to send cash to every American. It might happen.

With the country staring at the possibility of an absolutely brutal recession amid the worsening coronavirus crisis, both Democrats and Republicans seem to be gravitating toward what used to be considered a fairly out-of-the-mainstream progressive solution: Just send people money.

[Starlight]

You'd also think the progressives would be loving all this socialism and free money.

I haven't seen any progressives against it. Are you suggesting some are?

If you mean Schumer and Pelosi, then no, neoliberal corporatist centrist shills don't count as progressives.

You'd think they'd be praising Trump.

Given the man's not competent to tie his own shoelaces or tell the truth ever, I will believe he's actually doing something useful only if and when I see it. Him talking about doing something good doesn't count.

Pelosi is blocking the EmergencyUBI in favor of means-testing. Are you kidding me?

Pelosi is a centrist corporatist sell-out who needs to be primaried by a progressive. Nothing new there. The only thing interesting is that some people were silly enough to expect her to not be a useless tool and to actually support some progressive values.

[demi-conservative]

Pelosi is a centrist corporatist sell-out who needs to be primaried by a progressive. Nothing new there. The only thing interesting is that some people were silly enough to expect her to not be a useless tool and to actually support some progressive values.

From the guy who believes that champagne socialist Bernie isn't going to sell out again

[Darth Executor]

It's amazing that conservatives are okay with all this. It's not just the bailouts and stimulus programs, but the sheer government overreach in all this. First the government had central control of the markets, now they have complete central control of private companies.

Conservatives aren't anarchists.

Conservatism = laissez faire capitalism was always neocon poison and it cannot die fast enough anyway.

[Sparko]

The money the government hands out now has to come from somewhere, meaning revenue shortages later and much higher national debt. I think this will eventually prove that socialism doesn't work when we have to pay for all the handouts later.

[seanD]

The money the government hands out now has to come from somewhere, meaning revenue shortages later and much higher national debt. I think this will eventually prove that socialism doesn't work when we have to pay for all the handouts later.

Debt will skyrocket for sure, but the money will be created out of thin air. Taxes will only rise if Trump's not reelected. This is why the Fed is ratcheting up another trillion+ QE program. The timing is NO accident. Government will create the bonds for the program, the banks will buy those bonds, Fed will create the money to buy the bonds back. Wash, rinse, and repeat. Before, inflation from QE was tempered because the inflation was kept in the market. Now it's being directed towards mainstreet. This is basically MMT, what the far leftist progressives were endorsing. How crazy is it that Trump is the one actually implementing it? But that's the times we're living in I guess. Inflation is how we'll pay for it, or possibly even stagflation.

[Starlight]

The money the government hands out now has to come from somewhere, meaning revenue shortages later and much higher national debt. I think this will eventually prove that socialism doesn't work when we have to pay for all the handouts later.

Sparko, the results will be bad in this one time, in this one situation. Because the situation is a bad one.

The situation is so bad that governments around the world are panicking and abandoning capitalism, because everyone can clearly see it's too useless to help.

But even the more helpful socialism is only going to be a bandage, it's not actually going to be able to address the underlying wound, which is that heaps of people are going to reduce the amount they are working and reduce the amount they are spending as they isolate themselves from society.

[Leonhard]

Conservatives aren't anarchists.

Conservatism = laissez faire capitalism was always neocon poison and it cannot die fast enough anyway.

It must be the end times, I'm agreeing with Darth Ex.

[seanD]

It must be the end times, I'm agreeing with Darth Ex.

Laissez faire capitalism is the complete opposite extreme of what's happening now. It was a strawman argument.