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Populism and modern liberalism


El Guapo

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The article is interesting and raises good points.   The author provides an excellent timeline of the politics over the past 100+ years with the messaging of each era and its impact on American societ

The left is expanding, for sure. Have you thought to ask why? It’s because the country is broken largely due to far right wing economic policy over 4 decades. People are tired of it. And the ones who

I found it quite vague.  "Out of touch liberal elites" is a very dull critique.  To cut, one has to cross over to demanding details on how neoliberal corporations profit at the expense of society.

3 minutes ago, El Guapo said:

Not unpaid. Unfunded.

You're going to need to bring the receipts on this.  Cuz it sounds an awful lot like "let's not fund local governments that depend on sales tax after the pandemic shutdown retail"

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15 minutes ago, El Guapo said:

Not unpaid. Unfunded.


Your argument is ridiculous. It’s called a budget. Look into it...

 

Most of what a government does is “unfunded” by your criticisms. They don’t pre-fund most of what they do years in advance. Why would they?

 

The alternative to pensions is paying more now in the form of a 401k. How are governments going to afford to shift future pension payments into 401k payments today?

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These pensions are and always were too generous. That was an issue pre covid. Asking for relief by the feds under the cover of covid is slimey as hell . But hey, I wont change your mind.

As has been said, under socialists, one eventually runs out of someone else’s money 

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1 hour ago, El Guapo said:

Per the linked graph, NY is not on the list

 

Pension-liability-1200x675.jpg

 

So why was it denied funding to cover the revenue shortfall caused by COVID?

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https://www.justfacts.com/nationaldebt.asp

$80,367 for every person living in the U.S.[7]

$206,293 for every household in the U.S.[8]

126% of annual U.S. economic output.[9]

7.2 times annual federal revenues.[10]

63% more than the combined consumer debt of every household in the U.S.[11]

 

We know which party loves to run up the debt.  It's all out of wack, but deciding to allow bigger thieves to fix it is not the correct solution.  It'll be just like the great new healthcare bill.  Better coverage and cheaper.  

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2 hours ago, Number9 said:

https://www.justfacts.com/nationaldebt.asp

$80,367 for every person living in the U.S.[7]

$206,293 for every household in the U.S.[8]

126% of annual U.S. economic output.[9]

7.2 times annual federal revenues.[10]

63% more than the combined consumer debt of every household in the U.S.[11]

 

We know which party loves to run up the debt.  It's all out of wack, but deciding to allow bigger thieves to fix it is not the correct solution.  It'll be just like the great new healthcare bill.  Better coverage and cheaper.  

 

They should just borrow the money to pay off the debt!

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Underfunded pensions is a big issue. It means that none of the participants retirements are guaranteed. The reason there has been a shift to 401k over the years is because it places the management and liability of individuals retirement on them. With pensions the organization is responsible and liable for the management of the funds for all participants. Pensions are good when managed correctly. Unfortunately they have been abused for decades.

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9 minutes ago, GOAT9 said:

Underfunded pensions is a big issue. It means that none of the participants retirements are guaranteed. The reason there has been a shift to 401k over the years is because it places the management and liability of individuals retirement on them. With pensions the organization is responsible and liable for the management of the funds for all participants. Pensions are good when managed correctly. Unfortunately they have been abused for decades.

This is on the cities and states. It has nothing to do with Covid money being spent by every state. 
 

This isn’t some gotcha, but the Administration declared Florida and Texas will continue receiving full funding for their state regarding testing because their governors called the president. The rest of the states will now have to take over 25% when their sales tax revenues have flatlined. Nothing is hard to understand here. Kiss the ring and grovel or get fucked. That isn’t how this is supposed to work. 

Edited by IsntLifeFunny
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