2020 US Presidential Election

firstly, thats an anecdotal experience. i cant speak or argue against your specific position, but i can look to statistics that show a specific trend secondly, the federal minimum wage is a good thing. its correlative, because the more people make the more they can spend. can you go into specifics on why scaling income tax is a bad thing? I'm not asking for a Swedish model as theyr very extreme on things like this, but what about something like bidens model is bad for the economy? also social security is dwindling because people are living longer, so more people taking from it, with not enough people putting into it. its a flawed system, sure, but it ahs nothing to do with taxes, its taken from your paycheck (and some jobs will add some into it too)

@hell_hound7 i think it speaks odes to how fucked the current situation is if a two week shutdown had the drastic effect that it did. to cite the bullshit that conservatives tell poor folk: maybe we should have saved more instead of spending it on iphones and getting our nails done if we can't go just a few weeks without our income >_>

@frozenxheavens equipment, readiness, mobility, deployability, contracting, healthcare. Alot goes into the military system and alot of this stuff cost money. There is a reaosn we are one of the best in the world and it isnt cuz we decided we were. Such things also come at a cost which ultimately mean 12 hour shifts and 3 people doing an 6 person job. Allocation of funds are handled by people too high up to see the bottom. What that means you can determine for yourself. But im not gonna go into that.

The issue doesnt lie in people's savings, alot of people were living paycheck to paycheck as it is. My family was poor and couldnt afford those things prior to the trump administration anyway. Alot of business were barely staying afloat. Which shows how bad things were that just took a drastic drop as a result. But at least trump tried to combat it. Imagine if we listened to dems and stayed closed for months. That little 2 week stunt burned through some people's savings as it was.

i think that's a noble view of the military situation, honestly. im close to being there with you; if we had a more benevolent government i would absolutely be inclined to join the military to help lighten that load. i would love to offer my life and time here on this planet in the name of keeping everyone safe and happy, but at present i feel like all that positive effort would just go to furthering the bullshit that's clearly going on. wahhhh. i completely disagree about the shutdown though. epidemiology is a wild and relatively fleshed-out area of study, pandemics do have the potential to wipe 99% of the population out. being careful and losing a lot of resources now can't be equated to a complete collapse of civilization. money as well as the physical resources that money represent don't mean fuck all if we're all dead to a mutagenic virus!

@taiyou a good article on small businesses and minimum wage, it pretty much parrots what i said but in a way that actually sounds smart https://www.business.com/articles/minimum-wage-increase-small-business/

Government also borrowed from said social security fundm when they werent supposed to. Also scaleing tax bracket isnt the problem. Its where things are allocated. Yes we can argue military spending. But that spending is often that... spending. You pay and get what you pay for. Government run programs are not direct product acquisitions, they MAY produce. Governments job isnt to invest, but to spend. They are not the same thing. When minimum wage went up, employment tanked cuz now people require experience or schooling, whereas before people would train you. During the first implementation inflation came shortly after, so starting wages was above the minimum wage so it may as well not existed. Andthat was considered the best time for work. Conversly, during world wars where we had a wage CAP employment soared, and more people had money to get food... and this was AFTER the great depression. Or rather, came out of it that way. And true, i can only give experience based on what i have seen and dealt with, but does that make me wrong for thinking the way i do? Does it make me less legitimate because statistics on a page go against me? And as for greed and what not. Name a country. Ever, not based on greed in some way, or have where people act based upon their own wants. Humans do that. Thats why capitalism can be evil. Humans are evil, but at the same time, some people just want things, and want to work to get them. Government has shown to be shit when it comes to industry, they funded flying experiments, two people wanting to make millions, discovered flight. Innovation often comesfrom people who want to line their pockets instead of those on a comfortable investment they will get for a while, even of with a few failures.

Well. I disagree with you, Frozen when you say a thriving economy is only worth it whenever people are happy. This is like saying economics should be under the commonfolk's demands rather than to serve the land's macro and microeconomical demands. While a healthy business environment is necessary so businessmen and investors don't get away from the country to seek their own prosperity and necessarily defund the treasury (and fuck no this isn't a crime). Public-private partnerships is a good way to cement that (examples are the Brazilian SUS, the English NRS and the Canadian NRI)... That doesn't mean you should do business to do whatever shit they want and just bail them from taxes. Regulations are necessary regarding work rights and environment. Taxing is also necessary so you can provide social welfare so people can spend on industry and warm up economy. The problem with Latin America was that: prioritize mainly national environments, while having draconian business regulations, close the country to foreign investments while at the same time heavily tax the commonfolk and business for the sake of heavy social welfare... this applies to the Right and to the Left, except for Chile. Chile, whether its people liked its current system or not, is Latin America's strongest economy because it didn't just focus on spreading money to its people, but to make a functioning market economy above this.

@taiyou bruh look at what the military is actually spending on, the waste is infuriating. also i don't see the need for such a strong military when the last big war was almost 100 years ago. wars these days have nothing to do with a strong military and equipment as much as it does diplomacy and negotiations. why else would we be stuck in the middle east for so long if military might is all we need? I know having a big military is a good thing, but its not everything, and America being the world superpower economically has a lot more influence in protecting our country than ANY army your just wrong on the small business thing https://www.business.com/articles/minimum-wage-increase-small-business/ "Minimum wage increases could mean increased consumer spending Research suggests that minimum wage increases are not the killer of jobs and businesses that some claim. A 2019 study on the minimum wage by UC Berkeley economists Anna Godoey and Michael Reich found that minimum wage increases to $15 per hour through 2024 would reduce poverty levels and put more disposable income in the hands of working-class people. "The results of our research show that we can raise pay to $15, even in low-cost states," Godoey said in a statement. "The data show that the minimum wage has positive effects, especially in areas where the highest proportion of workers received minimum wage increases. We also found reduced household and child poverty in such counties." More disposable income for low-wage households generally leads to more spending within the local economy. A report from the Federal Reserve Bank of Chicago demonstrated that a $1 hourly increase in the minimum wage could boost consumer spending amongst households with minimum wage workers by as much as $2,080 per household annually. Many of those dollars are likely to flow to small and midsize businesses within those households' local communities. Do minimum wage increases kill jobs? A common argument against minimum wage increases is that they will result in the loss of jobs. However, historic research suggests the opposite could be true. In one study, economists David Card and Alan B. Krueger examined a 1992 minimum wage hike in New Jersey and compared how the restaurant industry (often considered to be the most impacted by minimum wage increases) fared against similar establishments in neighboring Pennsylvania. Not only did New Jersey's fast-food employment grow, it outpaced Pennsylvania's by 13% that year. More recently, a 2018 study by Godoey and Reich, along with economists Sylvia A. Allegretto and Carl Nadler, examined employment in six major cities that increased the minimum wage – Seattle, Chicago, San Francisco, San Jose, Oakland and Washington, D.C. – against jurisdictions that did not raise the minimum wage. The report concluded that researchers "cannot detect significant negative employment effects" from raising the minimum wage. A recent survey of 2,118 small business owners conducted by CNBC and SurveyMonkey found that more than 57% of small business owners in the 20 states that will raise their minimum wage this year don't expect their business to be affected. However, this survey was conducted prior to the novel coronavirus pandemic and associated lockdowns and does not reflect furloughs or layoffs companies made to survive the economic fallout." and when getting into a debate it is wrong to base your argumentation in it, yes, because we arent arguing your experience but the greater experience of the American people.

@nebelstern i dont thinkl he literally ment happy, i think he meant when the economy is good people are happy, so its interchangeable the economy does good when people put their faith into it (and by extension their money)