2020 Democratic Primary Thread: Focus on House & Senate races

[John Reena]

That's a corporate establishment overload. Abrams needs to focus on the Georgia Senate.

Nah, a woman on the ticket just not gonna get it.

 

[intra vires]

 

[---]

yeah, thanks for proving me correct I look forward to buying a loaf of bread with a handful of paper money

No offence but that's not how inflation works at all.
Printing money doesn't lead to higher prices. No worries I have heard a few economists from good schools say the same time.

The velocity of money creates inflation.

How is that money used? Since most people in America have ridclious amounts of personal debt the money will either go to that or be saved.


Japan has never turned off the printing press since the 1990s. The velocity of money is what causes inflation, not the increase in the money supply.


The only time in history where inflation or hyperinflation was wanted was when countries actually wanted it!

 

[---]

cats need to shut up about UBI, as I've said time and time again, we live in a place where the govt allows people to struggle to get paid for the work they actually do (low min wage, not paid OT for many jobs, no severance, a million hoops to clear to get approved for unemployment when you need it even though they took money out your check to fund it) but now you think the government is going to just hand out money for doing nothing? money just because "awww, life is hard" FOH

This argument makes no sense government already has social programs.

 

[the cac mamba]

No offence but that's not how inflation works at all.
Printing money doesn't lead to higher prices. No worries I have heard a few economists from good schools say the same time.

The velocity of money creates inflation.

How is that money used? Since most people in America have ridclious amounts of personal debt the money will either go to that or be saved.


Japan has never turned off the printing press since the 1990s. The velocity of money is what causes inflation, not the increase in the money supply.


The only time in history where inflation or hyperinflation was wanted was when countries actually wanted it!

maybe you can explain to me why every politician isn't running on this, and it doesnt already exist

 

[---]

Because rich people are pocketing the money and it's not going back into the economy.


We've always printed money from thin air. Plus that 2.4T will go into the hands of the non-rich and be taxed. So it will go back to the government anyway. Plus this will actually stimulate the economy and produce job growth.

Speaking of a 1T deficit, the simplest way to solve both problems is to roll back the Trump tax cuts.

Andrew Yang policies make the most sense by far, but again America will shot themselves in the foot once again.

 

[dora_da_destroyer]

This argument makes no sense government already has social programs.

Social programs with a bunch of conditions you need to meet (or fake your way to meeting) to qualify for, representating just a segment of the population, isn’t the same as every citizen over 18 just being given a living stipend.

But y’all keep dreaming. UBI is not happening in America...

 

[FAH1223]

Social programs with a bunch of conditions you need to meet (or fake your way to meeting) to qualify for, representating just a segment of the population, isn’t the same as every citizen over 18 just being given a living stipend.

But y’all keep dreaming. UBI is not happening in America...

Never say never

It is still amazing that Alaska has a dividend still and that the House of Representatives passed a UBI twice in 1971 and Nixon would have signed it if passed the Senate but the Dems wanted more generous benefits.

 

[---]

maybe you can explain to me why every politician isn't running on this, and it doesn't already exist

I can't explain that, but Yang background is in economics. So probably why he has insight on it. As far as an economic policy he makes the best sense out of all the candidates by far.

The other candidates aren't really talking about the symptoms of the biggest problem in America the wealth gap. Fix that you fix about 80% of America's problems. But honestly, it can't be fixed only slowed down Yang plans to help it slow down. Structural unemployment has been happening for a long time in America. Just so happens in 2008, the curtain was pushed to the side and everyone saw what was taking place.

Yang even mentioning timelines of 10 to 20 years down the road is pragmatic as hell.

It's here in Asia in a huge way, nearly all investment capital is going to some kind of automation process. The actual slogan now in China is made in China in 2030. As they have embraced automation.

To offset stuff the Chinese government is spending untold billions on infrastructure to make sure when it hits that it won't topple the communist government. A measure to keep the cost of living low so people can still survive and won't overthrow the communist regime when unemployment rises.

 

[dora_da_destroyer]

Never say never

It is still amazing that Alaska has a dividend still and that the House of Representatives passed a UBI twice in 1971 and Nixon would have signed it if passed the Senate but the Dems wanted more generous benefits.

Post Reagan corporatism is not comparable to Nixon, the Dems don’t even agree with ubi let alone the right

 

[---]

Social programs with a bunch of conditions you need to meet (or fake your way to meeting) to qualify for, representing just a segment of the population, isn’t the same as every citizen over 18 just being given a living stipend.

But Y'all keep dreaming. UBI is not happening in America...

So instead of ticking off of two boxes with other social programs, you check off 1 box with Ubi.

42 million Americans are on food stamps that's not a segment.

Also pretty sure if you're on some other social program as he mentioned you can either continue or out opt or get the cash. I'll mention this as well SWF(Sovereign Wealth Funds) have been doing a form of UBI from the time it's not far fetched at all.

 

[the cac mamba]

I can't explain that, but Yang background is in economics. So probably why he has insight on it. As far as an economic policy he makes the best sense out of all the candidates by far.

The other candidates aren't really talking about the symptoms of the biggest problem in America the wealth gap. Fix that you fix about 80% of America's problems. But honestly, it can't be fixed only slowed down Yang plans to help it slow down. Structural unemployment has been happening for a long time in America. Just so happens in 2008, the curtain was pushed to the side and everyone saw what was taking place.

Yang even mentioning timelines of 10 to 20 years down the road is pragmatic as hell.

It's here in Asia in a huge way, nearly all investment capital is going to some kind of automation process. The actual slogan now in China is made in China in 2030. As they have embraced automation.

To offset stuff the Chinese government is spending untold billions on infrastructure to make sure when it hits that it won't topple the communist government. A measure to keep the cost of living low so people can still survive and won't overthrow the communist regime when unemployment rises.

look, just for the record...im not opposed to UBI. you think im turning down a thousand a month?

it just seems like it wouldnt work to me if we can just print money then why run a deficit at all? why run a trillion dollar deficit when we can just "give" 2.5 trillion to ourselves?

 

[Smoking With Cigarettes]

look, just for the record...im not opposed to UBI. you think im turning down a thousand a month?

it just seems like it wouldnt work to me if we can just print money then why run a deficit at all? why run a trillion dollar deficit when we can just "give" 2.5 trillion to ourselves?

On The Breakfast Club he went into his UBI plan a little. He refereced Amazons profit, how much they get under trumps tax bill, and said that he would take that money (and more Im assuming) from Amazon and the ultrarich to get UBI going. In theory every American getting 1,000 a month would stimulate economies locally and nationally. People would buy more, travel more, eat out more, etc. I cant give you a specific breakdown, and this is why I want to see Yang on a debate stage to explain all this. He was also on The Daily Show but they were too busy joking to let him talk about his policies in depth

 

[the cac mamba]

On The Breakfast Club he went into his UBI plan a little. He refereced Amazons profit, how much they get under trumps tax bill, and said that he would take that money (and more Im assuming) from Amazon and the ultrarich to get UBI going. In theory every American getting 1,000 a month would stimulate economies locally and nationally. People would buy more, travel more, eat out more, etc. I cant give you a specific breakdown, and this is why I want to see Yang on a debate stage to explain all this. He was also on The Daily Show but they were too busy joking to let him talk about his policies in depth

it definitely would do that

ive thought about sometimes, why not just eliminate tax going up the chain? what if you didnt start paying taxes til like 50 thousand dollars? might be an easier sell and easier to put in place than UBI

 

[Smoking With Cigarettes]

it definitely would do that

ive thought about sometimes, why not just eliminate tax going up the chain? what if you didnt start paying taxes til like 50 thousand dollars? might be an easier sell and easier to put in place than UBI

I cant tell you the actual reason but all i can picture is Morning Joe allsaying "They're discouraging people from being wealthy" and then cutting to a slideshow of starving Venezuelans with the word "Socialism" faded in the background