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Joined 1 year ago
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Cake day: February 16th, 2024

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  • But the tariffs also pay the tax cuts that allow rich people to spend more and to invest more.

    No. That assumes the US cannot operate on a deficit. It can and will. We don’t “fund” tax cuts unless someone responsible is overseeing the budget.

    Not to mention, every billionaire has their money in the market somehow, they don’t have Scrooge McDuck gold piles. Inflation and market losses erode their money just like it erodes ours. Perhaps even more.

    We saw how the stock market had nothing to do with the actual economic situation during Covid. While all indicators went down, stocks still went up.

    COVID resulted in a marked recession for the global economy, and the US was no exception. But people still had money and spent it regularly, so it didn’t freefall the entire time and at times had rallies. The US stock market is mostly run by a series of competing trading algorithms with tight guardrails these days, for better and for worse. Generally though it does mean that modern nose-dives rarely result in true crashes.


  • The things Walz has accomplished in his time in Minnesota is actually remarkable, especially given Minnesota’s traditionally libertarian/purple local politics.

    Literally the only attack Republicans in Minnesota have is his handling of the George Floyd protests and his COVID response, and those are weak and they know it.

    Under him we here in Minnesota got dozens of extremely progressive policies put though, our social programs have dramatically expanded and are extremely well funded, corruption has been rooted out, and our economy is booming. The Minnesota DFL under his leadership have gained a ton of ground as well, where nationally the DNC has given up a ton.

    No, he isn’t a great orator or debater. But as a politician and policy maker he’s a rare combination of progressive, well respected, and effective.