It's all wellfare to libertarians.
It's already socialism, y'all. Has been a hybrid system for quite some time.
That we socialized bank and non-bank losses starting in 2008 and let the people twist in the wind is just the cherry on top demonstrating just whom socialism in the USA is supposed to be for.
socialism for corporations good; socialism for people, bad.
$30 trillion+ on war and bailouts since 2000.
war: https://www.wsj.com/articles/study-e...ion-1510106400
bailouts: http://ritholtz.com/2011/12/bailout-...llion-dollars/
mostly off budget. we can't afford what, again?
we had 30 trillion in the last 17 years to prop up financial ins utions who got caught swimming naked when the tide when out, and trillions more for elective wars in the middle east and South Asia, but nothing more for millions of US citizens struggling in the wake of an epochal bust who need housing, health care and work.
the recent tax cut comes to another trillion and a half, skewed markedly to corporations and the top quintile of income.
https://www.thebalance.com/trump-s-t...ts-you-4113968
you can call that fairness. you can also call it redistribution of wealth up the ladder.
if that's not gold-plated socialism for the rich, I don't know what is.
How Capitalist Utopia Became Everyone Else’s Dystopia
How American Elites Ruined Their Society in a Way the World Hasn’t Seen Since Weimar Germany
American elites mismanaged their economy so badly, so fatally, so totally, the rich world hasn’t seen the like since Weimar Germany.
They created a capitalist utopia — but the problem is that that’s everyone else’s dystopia.
Why didn’t Europe’s “labour share of income” — that is, how much regular people receive— decline, like in the States?
The simple answer, of course, is
“more social democracy, and less capitalism.”
But what does that mean?
It means that European structures and ins utions are radically different from American ones —
so different, that many Americans have little idea such things even exist.
social-scale public goods also meant that Europeans could enjoy the basics of life at reasonable prices,
precisely because many of them were employed at better incomes, in the production of those very public goods —
whereas in America, capitalism had to produce such things as healthcare, education, finance, and media.
But it had no incentive to produce these things well, affordably, at high quality, or even completely.
So Americans got squeezed savagely —
they had to pay skyrocketing prices for the basics of life, which capitalism only offered them partially.
fresh food costing three times as much as frozen food,
whole cities without working utilities or supermarkets,
basic medicines like insulin costing thousands,
childbirth priced at half an average person’s yearly income.
And some things just weren’t available to many at all.
No “health insurance”? Sorry — you die.
Bad “credit”? Sorry — no housing.
Want that cutting edge cancer drug? It’ll cost you $500K — but for Europeans, it’s free.
Americans lived perched right at the edge of ruin,
trying desperately to afford the things that Europeans took for granted —
but those things were the very ones which life depends on most —
food, water, healthcare, education, finance, media, pensions.
https://eand.co/how-capitalist-utopi...a-a25a88713956
100 billion here, a 100 billion there, and pretty soon you're talking about serious money. no legislation necessary!
https://www.nytimes.com/2018/07/30/u...cuts-rich.htmlSteven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 summit meeting in Argentina this month that his department was studying whether it could use its regulatory powers to allow Americans to account for inflation in determining capital gains tax liabilities. The Treasury Department could change the definition of “cost” for calculating capital gains, allowing taxpayers to adjust the initial value of an asset, such as a home or a share of stock, for inflation when it sells.
“If it can’t get done through a legislation process, we will look at what tools at Treasury we have to do it on our own and we’ll consider that,” Mr. Mnuchin said
Funny cause Trump supporters are also stumped at how the border wall will be funded
public handjobs for the political donor class seem to take precedence
How Republican Hypocrisy Lifts Social Democrats
By its astoundingly cynical approach to deficits and debt, the G.O.P. has opened the door to an expansive left.
https://www.nytimes.com/2018/08/02/o...o-cortez-.html
The same thing occurred to me.
Now that the GOP has finally erased any doubt about their fiscal conservatism being a complete façade, that means their arguments about debt and deficits look a lot weaker.
the Dems sing from the same hymnal to protect themselves from the left. expect the arguments to become louder and shriller.
We will swing the party farther to the left. Conservative ideas have had their day, and failed spectacularly.
muh venezuala...
Norway, Denmark, UK, France, German, Japan, etc, etc, etc.
What I find doubly ironic is that it was crony-ism and corruption that brought VZ down, exactly what your cult leader is doing in the US, with his "free press is the enemy of the people" rhetoric.
Darrin, mutely, waves his hands.
Trillions spent to prop up TBTFs (read: insolvent banks who made bad decisions) here and abroad didn't turn us into Venezuela.
We socialized the losses of the financial sector starting in 2008. The government implicitly backstops it now.
How is that not socialism and why isn't the financial sector made to pay for the privilege of having the US taxpayer back up its bad bets?
Not sure who you mean by we.
I'm less sanguine about the demise of conservative ideas, whatever you mean by that. The average age of a Trump judicial appointee is 49 years old.
however that may be, the ideas propelling Ms. Ocasio-Cortez might be gaining traction.
https://www.dataforprogress.org/poll...e-left-agenda/
Great idea
The ironic thing is that farmers don't want to be bought and controlled by the govt yet every country does it to secure and control the food situation. Those that are in this socialist structure are against the wave of socialism sweeping in. How much experience do those that can't wait for a Socialist regime have besides finding links to support that cause?
PS: Subsidies ALWAYS go straight up the ladder. Straight to the landowner.
Because without putting a cute word in front of it,folks would quickly realize it's the same old,same,old.
Conservative ideas will take a while to die, but that doesn't make them any less failures. It will take us a while to root out that rot after Trump is gone.
We means Democratic Socialists. I would at this point count myself as one, for the most part. As has been noted, I believe that means of production should be kept private.
so, not same old same old
Democratic socialist of America website talks about long term goal of elimination capitalism and private corporations. It also talks about spreading the ty jobs among a bunch of people. Wonder who'll get drafted to pump septic tanks?
Big difference between democratic socialist and social democracy/republic.
Honest question though. Under democratic socialist party, how would a situation like black rights, slavery, etc have played out?
lmao democratic socialism... what a bunch of ing idiots who subscribe to that nonsense.
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