American Reformers updated their profile picture.
Deficit spending puts more money into the economy. We just increased the deficit to over a trillion dollars per year, mainly for tax cuts to the wealthy. Imagine if we instead spent that trillion dollars per year on infrastructure or education.
“suppose the government spends $100 into the economy but only taxes $90 back out. The result is a surplus equal to $10 that shows up somewhere in the non-government part of the economy. In other words, the government’s “red ink” becomes our “black ink.” Their deficits are our financial surpluses.“
So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just didn’t really matter.
“His words laid bare the Death Logic that suffuses the philosophy of Trump and his supporters. The idea is that even the annihilation of humankind is worth it if it owns the libs.”
For Trumpites, better nuclear winter than a minute’s success for House Speaker Nancy Pelosi.
I’ve heard that the Trump administration plans to mandate coal fired steam boiler in automobiles. Take that China with your fancy liberal batteries!
Envision Energy will produce batteries that cost $100 per kilowatt hour by 2020, founder and CEO Lei Zhang said at Stanford University, predicting the price will fall to $50 only five years later and end the reign of the internal combustion engine.
This is why we need strong inheritance taxes. Dynastic wealth is UnAmerican and destroying our society.
They maintained their wealth through various sieges, Napoleon, Mussolini, and two world wars.
Too bad his cult followers will still worship him even after his marketing data exposes him for the con artist he is. This is going to be good 🍿🍿
“From the beginning, we have alleged that Alex Jones and his financial network trafficked in lies and hate in order to profit from the grief of Sandy Hook families. That is what we intend to prove, and today’s ruling advances our effort. We look forward to gaining access to Infowars’ internal marketing and financial documents to show that Jones has built an empire as nothing more than a conspiracy profiteer, as alleged in our complaint.”
Relatives of Sandy Hook victims sued the show’s host, Alex Jones, for suggesting the shooting was a hoax. Now they will gain access to his business plans.