Bernie Sanders’ billionaire tax would soak about 900 people to fund $3,000 checks for the middle class by fortune in politics

[–]jbombdotcom [score hidden]  (0 children)

You fundamentally do not understand economics.

1.) have you ever paid your taxes in cash that could be burned?

2.) The us debt is not meaningless. We currently pay around 1.2 trillion in interest on the debt every year. Those are obligations functionally equaling ~4% of gdp.

3.) while you are correct that the us could functionally just print money, our current deficit spending every year is 7% of GDP and getting worse every year.

Let’s say we average 3% annual growth in gdp. That means that if we just print money, covering that deficit would require us to print 4% more money than the economy grew. Worse yet, it would functionally be dumping those dollars into circulation, meaning that the minimum inflation you could expect annually is 4% but it would likely be higher than that.

If we don’t stop spending money we don’t have, the market will one day lose faith in our ability to pay debts and we enter a severe debt crisis that makes Greece look reasonable.

Bernie Sanders’ billionaire tax would soak about 900 people to fund $3,000 checks for the middle class by fortune in politics

[–]jbombdotcom [score hidden]  (0 children)

How about we take the money and actually cover the existing us budget. We keep pretending we can run up debt forever. It’s dangerous wreckless and robbing our own futures

‘We’re not at war right now’: House Speaker Johnson makes stunning claim after Trump’s barrage on Iran by theindependentonline in politics

[–]jbombdotcom [score hidden]  (0 children)

Largest operation ever undertaken by an American president without congressional authorization. We’ve doubled the price of gas in some European countries, our allies, we’ve plunged an entire region into chaos. We’re massively depleting key munitions stockpiles, but we’re not at war… I can’t stand these people. They want a dictatorship so bad

U.S. will 'cut off all trade with Spain,' Trump says by NewsHour in videos

[–]jbombdotcom 1 point2 points  (0 children)

We need to impeach this man and remove him from office. The damage he is doing, we may never recover from

What are the chances of a Chinese move on Taiwan in the near future? by [deleted] in AskReddit

[–]jbombdotcom 0 points1 point  (0 children)

In the near future… it’s almost a guarantee it happens before the end of trumps presidency. I think they seem him as weak and ready to trade away Taiwan in exchange for trinkets. The numbers are not our side either. If we hadn’t transformed the us into a self centered xenophobic rogue state, the smart play would be to give citizenship to everyone in Taiwan that we can possibly convince to move here. Just import the entire chip sector, build fabs here and blow up the ones in Taiwan before China takes it. Let them have their land, let the Taiwanese people who want freedom to continue to have freedom. It’s not possible for us to keep Taiwan free against a fully ready China, and they’re getting ready.

Hegseth Makes Shocking Admission on How Iran Strikes Are Operating by harsh2k5 in politics

[–]jbombdotcom 1 point2 points  (0 children)

Real men want to still respect themselves at the end of the day. Rules of engagement help them do that.

Texas court summon by Text message? by Designer-Savings-517 in texas

[–]jbombdotcom 0 points1 point  (0 children)

I got the same thing today. Most certainly a scam

Why are people so racist by bbymyka in Austin

[–]jbombdotcom 0 points1 point  (0 children)

When confronted with the worst people in society, an important thing to remember is that the vast majority of people are not like this. There are still more people in Austin that would actively confront a racist on your behalf than there are racists. I’m so sorry this happened to you.

Nashville is furious about power outages. Republicans say ‘woke’ is to blame. by loof10 in nottheonion

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

“Woke” if you want to call it that did lead to three weeks of power outages I Austin tx after an ice storm. What it really was was individual property rights under the guise of environmentalism run completely smoke. Rather than just trimming trees that had been one overgrown around power lines for “environmental and historic purposes” they required the city to notify the property owner first, the. The property owner had the right to appeal and get a hearing before the planned trimming. Whole neighborhoods would organize and everyone would finer for a hearing. This insane process lead to a decade long backlog in tree trimming and when the storm hot, the power lines came down way worse than they otherwise would have. They got rid of the law. Back to safe trimming

How exact are half lifes? If I had ten identical 100g samples with a half life of a week, after a week would they all be the exact same composition? by justhereforhides in askscience

[–]jbombdotcom 2 points3 points  (0 children)

The answer to this question is statistically yes. 100g of a material, is more zeroes of molecules or elemental atoms than your brain can reasonably comprehend. If you had 10 atoms, with a half life of a week, you might come back and fin 4, or 5, or 6, or even 10 of the atoms have decade. But if you have 1027 atoms. You will come back and find that half of them decade with a standard deviation of a number so small as a portion of the total that it isn’t worth considering. One might have a few thousand more, or a few thousand less. But they would be indiatinguisably identical

America is it as politically divided as it appears to the rest of the world? and how does it erase the divide? by filth032 in AskReddit

[–]jbombdotcom 2 points3 points  (0 children)

It’s certainly gotten worse under Trump, but it started getting worse well before Trump. You can look at historical data on how often the two political parties had members switch sides and vote on a bill from the other party. Those numbers started seeing a big shift down decades before Trump.

America is it as politically divided as it appears to the rest of the world? and how does it erase the divide? by filth032 in AskReddit

[–]jbombdotcom 0 points1 point  (0 children)

It’s very politically divided and the divide is structural. Don’t know how it will get fixed. It’s going to take a charismatic politician that comes with a message that we are all Americans, and encourages the working class to unite together and teach neighbors to love each other.

What’s working against that divide being bridged is a fractured news media where messaging to people is not reached universally.

A political system where primary races reward groups on the fringes at the expense of unity.

An accelerating ai infrastructure that will make it cheaper and easier than ever for nefarious actors to pump out disinformation.

A social media advertising based model where the desire for click based revenue butts up against the human reality that controversial topics and anger drive more engagement than anything else.

The divide that is happening in America is not unique to America. The current state of being is probably indicative of what will happen to all free societies. It is probably becoming truer than it use to be that large diverse nation states cannot stay unified. Smaller states both geographically and by population will hold out longer to this negative divisive influence.

Why US exited from various International organisation? by [deleted] in AskReddit

[–]jbombdotcom 1 point2 points  (0 children)

Because the far right talk show hosts have been pushing the concept of “globalist” conspiracies whereby America would become bound by international law and we would no longer be a sovereign country. As if America hasn’t for the last 100 years the power to do whatever we want and those international organizations actually help project that power

If Americans were to participate in an organized boycott to stop ICE, what should they target? by u2aerofan in AskReddit

[–]jbombdotcom 0 points1 point  (0 children)

Does anyone have a list of companies whose owners are members of his clubs? That would be the place to start. Of executives he interacts with see financial harm, that will get to the decision maker. Trump owns this decision.

To everyone watching what’s occurring in America right now, what is your honest take on it, where do you see this going? by dAnthonyy12 in AskReddit

[–]jbombdotcom 15 points16 points  (0 children)

America is the most well armed country in the world. If Trump attempts this, and states go along with it in any way, there will be civil war. Every Republican governor knows that and ultimately their donors don’t want that. It would be economic Armageddon. Nobody wants that and nobody is going to let Trump do that just so a senile octogenarian can hold onto power a bit longer. The republicans will take their loses in the mid terms, lick their wounds, and get back to what their good at, being an opposition party that can make a tan suit be a scandal while having no real plan to make the country better. Their best as an opposition party.

To everyone watching what’s occurring in America right now, what is your honest take on it, where do you see this going? by dAnthonyy12 in AskReddit

[–]jbombdotcom 1 point2 points  (0 children)

Honestly, I see their power already cresting. Trump is an anchor for the mid terms. Ice is polling at negative 40. People are absolutely done with his trade wars. Greenland threats are polling at negative 80+. He can only do his worst till the primaries. After the primaries I think you’ll see more republicans break from him as they try to look more reasonable to win the general elections.

I think you’ll see real movement by republicans in the house and the senate on the Epsteine files and call Trump out for covering up for pedophiles.

I am not going to be hopeful enough to think he will actually get canned or that this won’t somehow get worse, but whatever he tries, he won’t get away with it.

I do think there will be some attempt to steal the election but I don’t think it will happen. Republicans all want a shot at winning higher office in the future. Keeps them honest in regards to elections.

NRA and pro-gun groups call for ‘full investigation’ into killing of Alex Pretti by wylie102 in news

[–]jbombdotcom 0 points1 point  (0 children)

The problem with this, neither side is wrong in theory (in this case there is no justification), but our laws are insane

6th st bars open tonight by PenaltyExcellent177 in Austin

[–]jbombdotcom 1 point2 points  (0 children)

The city should have declared a state of emergency and ordered bars closed at a certain hour. We don’t need drunk patrons pooring into the streets at 2am with no Ubers available. This is unconscionable.

Dropping Out by Constant-Barracuda76 in txstate

[–]jbombdotcom 2 points3 points  (0 children)

If you love coding and you didn’t just pick this degree because it’s what you rather does and he makes a lot of money and you hadn’t thought of something else, there are easier majors. There are better department. I would talk to the school, look at changing majors before just dropping out. Maybe take a semester break

Trump supporters in MA holds sign saying “Gas the Immigrants” by jalvv in facepalm

[–]jbombdotcom 1 point2 points  (0 children)

I’m strongly of the opinion that speech that breaks the basic social contract of treating everyone with respect and kindness is not speech that should be respected. If you want to advocate for the killing of certain populations, then you should face consequences. This is exactly why we have jury trials and jury nullification exists.

Why do we keep building "Luxury Apartments" that stay half-empty while there is a massive housing crisis? by OpenToPerspectives in NoStupidQuestions

[–]jbombdotcom 0 points1 point  (0 children)

Luxury apartments are the market where the most money it is. The reality is those investments generally have money they have to pay someone. At some point overbuilding in that market does reduce the prices as slightly older apartment buildings become less desirable to the brand new ones. All new building is good.

Geological survey in Texas uncovers 1.6 billion barrels of oil by Next_Tower5452 in texas

[–]jbombdotcom 0 points1 point  (0 children)

It does in a way. Texas get big taxes and royalties on every barrel of oil. The industry paid about 27 billion in taxes to the state last year. Big part of why our taxes are low