Message from @Shockwave
Discord ID: 629001420749799437
He doesn’t explain how it’s done.
he's setting up a system like how alaska's been doing it for 40 years
nixon has also proposed a similar legislation, twice
It’s not the same.
There are cons against this idea.
inflation im guessing?
Yea I think it’s amazing to get free money but it’s a proposal to help people
Andrew yang says he wants this to be delivered to the American people so that those who are not doing well economically can get a boost from the government to help them sustain themselves and be able to work in this country without being dragged by debt.
But is this really gonna work, let’s be honest and say how can we be sure people aren’t gonna abuse this system?
what do you mean by abusing the system? his proposal would be that the $1000 he gives would be unconditional, and that you can spend it however you'd like
i also get that people are very worried with the inflation that it'd bring, its common sense, but andrew wants to tax companies (by using a VAT based system) like amazon, which paid $0 in taxes
GG @Nator1ous, you just advanced to level 1!
he also wants to tax other companies like for example companies who puts out carbon emissions, which would fund the freedom dividend
Market Confidence is very low lately under Trump. Specifically the trade-war threatens Investors.
This is why we see a yield-curve in treasury bonds..
it was gonna happen eventually
Certainly, little mistakes have great effects.
That makes it Trumps fault though.
Even if it was *going* to happen, it happened due to Trump.
If he didn't use trade-wars to enforce foreign policy the next bubble would have occurred under a left-wing president. Therefore throwing the blame on them.
@Shockwave is correct, we’re seeing leading indicators for a recession from industries particularly affected by trump’s trade war, in particular agriculture and manufacturing
Meaning they can't get a job.
thats 0.5% of americans
That is 1.65 Million on continued unemployment out of 6 Million unemployed. Total labor force being 163,922 as of August.
163,922,000. 163 Million.
So, low number. But consider that there are still 6 Million people without a job.
i think i recently read something that said that pennsylvania and wisconsin lost the most in factory jobs
but it looks like the factories are being moved to more populated states
*big tech*
The companies dont want to use more money to shit products
So they do it in big cities where the product is bought
And boom voila, that's about a couple millions dollars in their pockets
biden btfo
Trump 2024
lol
Trump 2028
Trump 8202
Basically
He will keep being impeached