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Tim Walz calls for scrapping of electoral college to decide US presidential race
(www.theguardian.com)
this post was submitted on 10 Oct 2024
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It’s pretty simple really. Raising the minimum wage will cause inflation to everything else to balance out and we will be right back where we started. People can’t afford anything. But now with even higher and overly inflated prices.
That’s just how economics works. None of that trickle down bs or any other partisan view.
Simple cause and effect, and scarcity.
Not if you're also taking care of monopolies and lowering the barrier to entry in a way that creates meaningful competition.
Yeah man I’m all for killing monopolies. Hasn’t happened, won’t happen. Money drives the world, those monopolies are spending a considerable amount of their time and money lobbying the gov to make it so they can make MORE money, not less.
Now. If we also get rid of lobbying and make it a federal offense or treason to manipulate the legislative branch for monetary incentives, we got something.
I'm with you there.
🫨 it happened!
I'd imagine there's a lot more we agree on. We just don't agree on solutions. We've been so used to our invisible cages, we can't imagine the world beyond them without coaching, coaxing and encouragement, but it can be done.
Eta and in this instance, I agree with your solution.
https://www.upjohn.org/research-highlights/does-increasing-minimum-wage-lead-higher-prices
No it doesn’t
Corporate greed is why no one can afford anything. There's no scarcity either. It's a matter of logistics, but that's going to quickly change if the very well off people and corporations don't curb their insatiable appetites, and that can be done with the 50s era 93% tax rates on very high individual earners and adding that same rate to megacorporations. No more tax cuts for donating to self-serving, self -directed "philanthropic" causes anymore, either. That tax money can be used to clean up the environment, well - feed, educate, home and health for EVERY individual at the same providers. No campaign donations of any form, fashion or sort. Campaigns are debates and past voting history, only, and every broadcast radio station and television station will be required to air them multiple times. Every print newspaper too, and taxes can fund that. No corporate or wealthy lobbiests.
Then let's see how charitable the wealthy really are.