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originally posted by: BeyondKnowledge3
a reply to: network dude
It is mass bribery. 'Vote for us and we will give you stuff.'
Neither side of the bribery really thinks of the true costs of it. Only those outside this deal see that part.
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.
― Alexander Fraser Tytler
originally posted by: grey580
a reply to: network dude
Republicans give money away to the rich.
Democrats give money away to the poor.
I'd prefer that money going to the poor.
Would giving more money away and taking that money from the federal government help or hurt our current inflation situation?
originally posted by: BeyondKnowledge3
It is mass bribery. 'Vote for us and we will give you stuff.'
originally posted by: Lumenari
Republicans allow business owners and the middle class to keep more of the money they have earned.
Democrats want to tax both until we are all equally poor.
originally posted by: Kallipygywiggy
a reply to: network dude
Would giving more money away and taking that money from the federal government help or hurt our current inflation situation?
Federal government is raised through taxes. The Harris Administration will raise the money it needs for these programmes through taxes. Those taxes will fall disproportionately, we hope, on the rich.
Pretty easy to understand, I'd have thought. Surprising you need to have it explained to you.
originally posted by: Kallipygywiggy
a reply to: network dude
Would giving more money away and taking that money from the federal government help or hurt our current inflation situation?
Federal government is raised through taxes. The Harris Administration will raise the money it needs for these programmes through taxes. Those taxes will fall disproportionately, we hope, on the rich.
Pretty easy to understand, I'd have thought. Surprising you need to have it explained to you.
originally posted by: Kallipygywiggy
a reply to: network dude
Would giving more money away and taking that money from the federal government help or hurt our current inflation situation?
Federal government is raised through taxes. The Harris Administration will raise the money it needs for these programmes through taxes. Those taxes will fall disproportionately, we hope, on the rich.
Pretty easy to understand, I'd have thought. Surprising you need to have it explained to you.
originally posted by: grey580
a reply to: network dude
While not exactly giving money to the rich. They do want to extend tax cuts for the rich.
But when it comes to actually giving out money oil subsidies come to mind.
originally posted by: Kallipygywiggy
a reply to: network dude
Would giving more money away and taking that money from the federal government help or hurt our current inflation situation?
Federal government is raised through taxes. The Harris Administration will raise the money it needs for these programmes through taxes. Those taxes will fall disproportionately, we hope, on the rich.
Pretty easy to understand, I'd have thought. Surprising you need to have it explained to you.
The Congressional Budget Office (CBO) projects that interest payments will total $892 billion in fiscal year 2024 and rise rapidly throughout the next decade — climbing from $1 trillion in 2025 to $1.7 trillion in 2034. In total, net interest payments will total $12.9 trillion over the next decade. Relative to the size of the economy, interest will rise from 3.4 percent of gross domestic product (GDP) in fiscal year 2025 to 4.1 percent in 2034. The previous high for interest relative to GDP in the post-World War II era was 3.2 percent in 1991 — that ratio would now be exceeded in 2025.
www.pgpf.org...#:~:text=The%20Congressional%20Budget%20Office%20(CBO,trillion%20over%20the%20ne xt%20decade.