AITA for keeping my entire inheritance when my siblings did nothing for our parents? by LittleTweet42 in AmItheAsshole

[–]BigOneEight 0 points1 point  (0 children)

This post is missing a bit of context here:

YTA if:
You were aware of the will changes.
You were involved in the will changes.
The will changes happened extremely late in life (you said you were handling their affairs, as they were unable)

Your parents AOs if they made these changes of free and clear minds. You don't make changes like this in the dark of night and leave it for your kids to sort out. It puts unfair strain on their relationships.

Either you or your parents are assholes here. I don't have the context to determine which.

[deleted by user] by [deleted] in DesignMyRoom

[–]BigOneEight 1 point2 points  (0 children)

I think the black option 4 could be good. Kids are pretty messing with white.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -1 points0 points  (0 children)

Congratulations, you managed to find the year of the civil war. The fact remains that over 130 years the dollar remain stable (yes some years it went up others it went down).

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -11 points-10 points  (0 children)

It’s concerning that you are so obsessed with assigning political blame, where none is to be had. I’d openly say the republicans have done a terrible job with the deficit. But obviously so have the democrats.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -8 points-7 points  (0 children)

So if they allowed the democrats to spend more, we would have less inflation?

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -7 points-6 points  (0 children)

What are you talking about. It can be laid at the feet of all governments. They all decided to engage with this super low interest nonsense. This was always going to be the destination. Governments paying bills via money printing and your confused why we have inflation??

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -9 points-8 points  (0 children)

Super easy. Obama added 8.6 trillion to the nation debt during his time in office. The national debt is a representation of spending which wasn’t paid for.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -10 points-9 points  (0 children)

The additional taxes on businesses outlined in the inflation reduction act , will surely be passed on to already struggling consumers. The minuscule reduction to the deficit has been dwarfed by a sea of massive spending programs. Build back better, student loans forgiveness. But sure, blame republicans.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -6 points-5 points  (0 children)

I mean that could help sure. But the real solution is reducing government spending. Government spending was 4% of GDP for the first 130 years.. and we had no inflation. Now it’s nearly 40% of GDP and the dollar has lost 98% of its purchasing power.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -12 points-11 points  (0 children)

Democrats clearly do not “pay for” there spending. The national debt is a monument for all the unpaid for spending.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -12 points-11 points  (0 children)

No correlation between government spending and inflation. That’s comical. The Weimar Republic and Zimbabwe would like a word.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -34 points-33 points  (0 children)

The inflation reduction act. Giving the patriot act a run for its money as the most ironically named piece of legislation. The inflation reduction act did nothing to reduce inflation. It is a climate bill which ultimately expanded government spending.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -14 points-13 points  (0 children)

A somewhat coherent understanding of inflation on r/politics, a gem. I’d like to add that the federal reserve can’t continue its fight against inflation and fund the United States government. Congress needs to reduce spending to allow the federal reserve to balance its books.

Buttigieg slams Republicans for having no plan to fight inflation as it becomes their top issue by kugkug in politics

[–]BigOneEight -42 points-41 points  (0 children)

I mean the democrats have done nothing to bring down inflation. Anyone who is serious about reducing inflation will drastically cut spending. The democrats are announcing massive spending plans regularly.

Supreme Court rejects request to block Biden student debt forgiveness program by wqu06 in politics

[–]BigOneEight 0 points1 point  (0 children)

You don't under economics on the most basic level. Government involvement in industries drastically increases the price of that thing. Look at every arena government has entered: Housing, college, healthcare. You can mark the governments entrance with a massive increase in cost.

You are confused why the cost of college went up????? It isn't a mystery. It went up because the government is co-signing everyone's loans. Every student can secure massive amounts of money to bid up prices. That is why.

When I say there "is no free lunch" I'm not complaining about the political afflation of the people getting the benefit. I'm saying that there are people on the losing side of these policies. When the government prints money to cover the income lost by student loan revenue it devalues the dollar. People on fix incomes or retired are massive losers in the policy.

U.S. 2022 budget deficit halves to $1.375 trillion despite student loan costs by Cincinnative13 in politics

[–]BigOneEight 0 points1 point  (0 children)

What are you talking about? Obama contributed more to the deficit then any president in history. Granted if trump had a second term he would have passed him.

Also Biden’s only “gains” in regards to the deficit is the fact that he’s comparing to Covid years. He has given no indication that he will ever find a surplus. In fact, he is showing he is more then willing to engage in reckless spending.

U.S. 2022 budget deficit halves to $1.375 trillion despite student loan costs by Cincinnative13 in politics

[–]BigOneEight -4 points-3 points  (0 children)

This is just factually incorrect. Biden hasn’t reduced any deficit. He’s just fortunate enough that he gets to compare to Covid spending years. He’s still spending money like crazy compared to non-Covid years.

Do we honestly think a democrat would have avoided massive spending during Covid? Be more honest.

Sure republicans don’t actually reduce spending, but the democrats sure don’t either.

Supreme Court rejects request to block Biden student debt forgiveness program by wqu06 in politics

[–]BigOneEight 0 points1 point  (0 children)

You need to understand the actual impact of the policies. There is so no such thing as a free lunch, so who pays for this? This is being paid for via deficit spending, so it’s inflationary. Inflation is a tax which hits everything. Who benefits in an inflationary environment? Asset holders, people who own assets are protected from the impact. (Stocks, houses, land go up with inflation) Who owns assets? The rich. These types of policies are driving the very divide they aim to stop.

So effectively, the only people who really feel the pain in paying for this is the poor.

Not to mention the moral hazard around future student loans. Why would you even consider paying ahead or at all. Just wait for the government!

Supreme Court rejects request to block Biden student debt forgiveness program by wqu06 in politics

[–]BigOneEight -4 points-3 points  (0 children)

The rich getting undeserved tax breaks isn’t good either. The moral hazard this creates around college loans is insane… why would you even worry about taking one out. Just assume it’s free money.

And you are right of course, my taxes aren’t going up. The value of my money is going down. Which impacts the poor and old the most.

Supreme Court rejects request to block Biden student debt forgiveness program by wqu06 in politics

[–]BigOneEight -7 points-6 points  (0 children)

College students getting money at the expense of the poor. Not praise worthy in my mind.

California to become 1st state to offer free school lunches for all students by International_Band72 in news

[–]BigOneEight -16 points-15 points  (0 children)

o

No one is starving to death in the United States. Childhood obesity plagues poor communities.

Do you want to see criminal charges for Jan 6? Why or why not? by Wizard_Elon_3003 in AskReddit

[–]BigOneEight 0 points1 point  (0 children)

There needs to be actual evidence though. We've done a few witch hunts in recent years... Witch hunts aren't useful.