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Edited by Mrph1 on Nov 30th 2023 at 11:03:59 AM
In the current depression, we'd want to focus on demand stimulus first and foremost — get people out of saving mode and into spending mode. Oh, and we also need mandatory cramdowns on underwater mortgages. Those would all be expensive and paid for from the new revenue.
Afterwards, it would go into national healthcare and income supports — those two things I mentioned at the end. Any surplus would go into debt reduction, which is a healthy thing as long as the economy is going strong. Then... who knows? We could fund NASA again. Get serious about climate change. Rebuild our inner cities. Heck, even refund the surplus to the wealthy to encourage investment.
@Greenmantle: Really? What I've proposed is the wet dream of liberal economists the world over. I'm not sure how you get from there to "angry old men". I would preserve capitalism in general, so the Marxists are out. I'm massively increasing taxation and government control over incomes, so the libertarians and plutocrats will hate me. I suppose I would have to throw in religious freedom and gay rights in my hypothetical platform, so the fundamentalists are gone.
Far right? Really? European politics must be weirder than I imagined. I'm less concerned about labels than I am about results, but one of the problems with "far" anything is that they tend to be rather crazy about their politics. I prefer sane.
edited 22nd Feb '13 7:44:50 AM by Fighteer
"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"@ Fighteer:
I'm generalising, of course, and basing this view on the British case, but basically, your ideas are similar to British Economic Policies before The '70s and The '80s — and guess what, the "Angry Old Men" want a return to then, including their Economic Policies, Society, Union Power, the Works. Unsurprisingly, the same people, of course, hate immigration and, for that matter, Globalisation* in general.
Our Far Right is rather Old Left Economically.
Keep Rolling OnWell, I'm for immigration rights, social freedom, and globalization, so they'd probably hate me too.
edited 22nd Feb '13 7:46:00 AM by Fighteer
"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"Yes, but it does show you the effect of Margaret Thatcher — the policies that proceeded her have now been pushed to the fringes of political/economic thought.
Keep Rolling OnSenator Cruz (R-TX) has once again made an ass out of himself, claiming that those Dirty Commies have infiltrated Harvard Law so they can overthrow the US government. Its not a surprise that people on both sides dislike this guy, he's constantly acting like a prick and ignoring typical seniority conventions.
edited 22nd Feb '13 12:02:51 PM by Rationalinsanity
Politics is the skilled use of blunt objects.Yo, did anyone send him the memo that we consider Joe Mc Carthy a historical embarrassment, NOT an exemplar?
Share it so that people can get into this conversation, 'cause we're not the only ones who think like this.Woops, wrong thread.
edited 22nd Feb '13 1:11:27 PM by Fighteer
"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"It's anecdotal but my dad considers Mc Carthy a decent man that made a few mistakes and got unfairly crucified for it.
Obama administration joins lawsuit 
against Lance Armstrong
Secretary of Transportation Ray LaHood: Sequester cuts a ‘calamity’ for air travel
Governor Scott Walker supports path to citizenship
edited 14th Dec '13 8:26:42 PM by DeviantBraeburn
Everything is Possible. But some things are more Probable than others. JEBAGEDDON 2016The part that kills me is that Paul got the fish species wrong.
Hikes in health insurance premiums fall; Obama administration credits healthcare law
Senator Cruz (R-TX): Obama's 'lasting legacy' will be creating Republican leaders
edited 22nd Feb '13 4:43:15 PM by DeviantBraeburn
Everything is Possible. But some things are more Probable than others. JEBAGEDDON 2016

@Fighteer: What do you want to do with all this new income?