the_dunk_tank
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.
Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.
Rule 3: No sectarianism.
Rule 4: TERF/SWERFs Not Welcome
Rule 5: No ableism of any kind (that includes stuff like libt*rd)
Rule 6: Do not post fellow hexbears.
Rule 7: Do not individually target other instances' admins or moderators.
Rule 8: The subject of a post cannot be low hanging fruit, that is comments/posts made by a private person that have low amount of upvotes/likes/views. Comments/Posts made on other instances that are accessible from hexbear are an exception to this. Posts that do not meet this requirement can be posted to !shitreactionariessay@lemmygrad.ml
Rule 9: if you post ironic rage bait im going to make a personal visit to your house to make sure you never make this mistake again
view the rest of the comments
The concept of a national deficit is so hard for me to grasp.
So a deficit is when the government spends more money than they take in from taxes, cool. So government just raises taxes when they end up doing that, sort of like how I up my tax contribution if I end up owing at the end of the year. Wait, they only raise taxes on the working class? Because the capitalist class, through their money, is able to organize and consolidate power? That's shit but surely it doesn't get worse.
Okay, so where do they get the money to spend if they're spending more than they take in? It's gotta come from somewhere, I'm sure they just print more and that can't be bad. Oh, so when they print more money that makes the existing money worth less... Well that goes for the capitalists too, so at least that's even. Oh, you mean that they get to park their money in appreciating assets while mine gets spent day to day and my wage stagnates so my purchasing power and meager savings just fucking declines... It surely can't get worse.
Yeah, I remember that appreciating assets thing. Get it over with, how does that fuck me over? So the government issues bonds, basically guaranteeing a set return on the money capitalists spend on them. How can the government guarantee that? Isn't the market too volatile for that kind of guarantee? Ah, of course they would make up the difference with taxes, which I just learned are dis-proportionately paid by the working class.