US has had growth for almost 10 years straight. How long do you think it will continue?

US GDP is fake though, cause they aren't making money

I honestly don't know how to bridge that gap in understanding

Well the US runs a deficeit budget every year and has done so for 20_ years, have over 20 trillion dollars in debt

17 years, 21.7 trillion in the hole. GDP is an assessment of the total economic activity of the country.
National debt and spending does effect the economy, but the debt far less so than the spending.

You would have less debt if the usa wasnt fo capistalist

Insted of funding medicare welfaire ect thro tax

Make things more liberterian, privetise

What cant b privetised probebly should exsist

<:GWworkshopAkaShrug:398886014711496714>

There are things that cannot be privatised but are essential for societies, like parks, toilets, hospitals, etc. Thus capitalism works best when there is a lot of free market but the government also is a part of it, aka the public sector.

GG @Tranquilise, you just advanced to level 2!

Literally all those things can b privetsied tho

😂

There private toilets alredy where i live

And why cant private hospitals b a thing 🤔

They can be, but they aren't successful, private hospitals for instance still get huge amounts of public funding same goes for most schools. Publicising things makes them cheaper, certain things.

1. how do they make them cheaper ?
2. why arent they successful ?

Money, money, money, business business business

^^

Well because the concept of pure market based transaction is supply and demand. And, because the goods that hospitals provide aren't demanded by everyone, there is not enough money to maintain supply, so to do so they have to increase prices to accommodate, Whereas with public hospitals the supply is not dictated by the demand, but by the choice of where the government sees that there is a need for money that is not met by the economical principal of supply and demand.
They aren't successful because they limit customers who can afford it.

Seeing far more ideology than pragmatism here.

Nice counter argument.

Imo nationalisation is a good idea in a lot of sectors like health care and rail but it when you try to apply it to a sector that a free market would work in, that's when it goes wrong

I'm not so eager on that. Infrastructure sure, health care has issues.

@The Lemon Do you mean nationalization, by the definition? Or did you misspeak?

I mean taking an industry into government control and having it controlled by the state

Like the NHS in the UK