Message from @Tyberius D

Discord ID: 518560972286459934


2018-12-01 22:56:10 UTC  

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

https://cdn.discordapp.com/attachments/513098448640278539/518560971665440790/United_States_GDP.jpg

2018-12-01 22:59:01 UTC  

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

2018-12-01 23:01:37 UTC  

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

2018-12-01 23:05:18 UTC  

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

2018-12-01 23:08:07 UTC  

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.

2018-12-02 06:32:24 UTC  

You would have less debt if the usa wasnt fo capistalist

2018-12-02 06:32:43 UTC  

Insted of funding medicare welfaire ect thro tax

2018-12-02 06:33:03 UTC  

Make things more liberterian, privetise

2018-12-02 06:33:18 UTC  

What cant b privetised probebly should exsist

2018-12-02 06:33:18 UTC  

<:GWworkshopAkaShrug:398886014711496714>

2018-12-02 09:33:45 UTC  

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.

2018-12-02 09:33:45 UTC  

GG @Tranquilise, you just advanced to level 2!

2018-12-02 11:05:57 UTC  

Literally all those things can b privetsied tho

2018-12-02 11:05:59 UTC  

😂

2018-12-02 11:06:20 UTC  

There private toilets alredy where i live

2018-12-02 11:06:56 UTC  

And why cant private hospitals b a thing 🤔

2018-12-02 12:42:14 UTC  

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.

2018-12-02 13:05:21 UTC  

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

2018-12-02 13:07:07 UTC  

Money, money, money, business business business

2018-12-02 13:08:16 UTC  

^^

2018-12-02 14:10:18 UTC  

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.