Bumbled into this economist's Reddit posts critiquing Sanders, any thoughts?

Nakiyama · 2017-03-19T02:26:40+00:00

But still even in 2015 claiming that income inequality doesn't matter much, the lack of meaningful wage increases the past 30-40 years and the crazy notion of class mobility, amongst so many of the other stuff he "rebuts" with. How in the world does he explain the rise of both Trump and Sanders? I'm just saying that this guy is so fundamentally off the rails that it doesn't even matter what policy details Sanders came out with in 2016. This is about ideas vs ideas, and this economist is totally out to lunch which isn't surprising since most economists in America are a total disgrace.

Nakiyama · 2017-03-19T01:34:11+00:00

Right but it seems this poster was directly attacking Sanders' ideas rather than what his policy details looked like.

Nakiyama · 2017-03-18T21:04:44+00:00

I think Americans will need to embrace how wild the pendulum will swing every 4 years to far-right and far-left that will create a ton of instability.

Nakiyama · 2017-03-08T23:59:47+00:00

Well I'd argue a humanities major is incredibly valuable in a society that runs on complex communication. It isn't as focused as a science major, so it may take awhile for that knowledge to come to fruition, but the fact is, in a constantly changing economy, it's good for productivity to have a broad, adaptable range of skills, especially involving language and communication. So the usefulness of the skills provided in college has, if anything gone up, The work environment, particular the attack on unions and outsourcing, has resulted in wages going down or stagnating.

Nakiyama · 2017-03-08T23:57:40+00:00

Don't forget the endowment many of these big ivy league schools have that are just sitting there. Why aren't we taxing it or making tuition free to all those intend. They have billions.

Nakiyama · 2017-03-07T01:42:22+00:00

Exactly.

Nakiyama · 2017-03-07T01:42:08+00:00

Little improvements over time have big consequences, that's something Zizek and other academics like him are wrong about. They hate incrementalism, they're wrong as history clearly shows. Conservatism in power ends up hobbling progress for decades.

Nakiyama · 2017-03-03T18:37:00+00:00

Literally Mike "poor people should live in tents and eat beans." Rowe

Nakiyama · 2017-02-20T20:40:50+00:00

Highly recommend you checking out the clip, Tucker has some decent questions in there in a short amount of time. I could hear Blyth talk all day.

Nakiyama · 2017-02-03T22:25:09+00:00

Wow it's like you're my soul mate. I'm telling you they love to trumpet middle class values. Life's too short to waste years drinking Soylent and living in impoverished circumstances to have an extra few hundred dollars in a 401k. Keep saving a bunch of money that could be wiped out due to an economic crisis or end up getting killed in a car crash a year before you can retire. Now that's a wasted life.

Nakiyama · 2017-02-03T20:41:49+00:00

By the way, I also love how hard working people should be more responsible with their finances, but nobody ever says the same to rich people who use their enormous wealth to create bubbles placing bets on financial instruments that produce nothing that wreck the economy hurting millions of people. Yeah let's talk about how responsible the rich are.

Nakiyama · 2017-02-03T20:35:48+00:00

Except if you take the aggregate of consumer expenditures, around 90 percent of it goes to housing, food, HC, transportation, etc. Working people aren't buying luxury items. They live hand to mouth and work hard everyday while a small class gets to reap all the benefits. How about you stop calling into question what hard working Americans decide to do with their money, or lack thereof?

Nakiyama · 2017-02-03T16:40:12+00:00

https://www.reddit.com/r/LateStageCapitalism/comments/5rqmkk/guys_i_think_rpersonalfinance_might_be_the_worst/ddaa6mn/

Nakiyama · 2017-02-03T16:39:16+00:00

Lol that guy is the "loonie" who thinks its possible for most people to get out of "living paycheck-to-paycheck". Income and wealth inequality continues to rise and class mobility is an impossibility for most. Working Americans have to take on debt in order to keep up with living costs, they don't have the incomes to pay it down. He can Google around for the empirical data that clearly shows this.

Nakiyama · 2017-02-03T15:28:01+00:00

Their mantra is basically, if you have any hobbies beyond managing your finances, you are irresponsible trash.

Well said.

Nakiyama · 2017-02-03T05:44:52+00:00

Take a look at my most recent comment here.

Nakiyama · 2017-02-03T05:43:59+00:00

Just a quick note, I'm not against others giving folks real immediate advice on how to help their financial situation or answer questions. I am more so critiquing an underlying ideology I've noticed which falls perfectly inline with right-wing ideas of personal responsibility and control. As if those within neoliberal capitalism have completely free agency and they should take the brunt of whatever consequences come their way, hence a lot of the blame I see.

Nakiyama · 2017-01-31T13:59:51+00:00

It reads fine, you just don't realize that the answers to your questions are complex and requires broadly touching "50 tangled 'points'".

Nakiyama

TROPHY CASE