politics
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
view the rest of the comments
Which in turn increases revenue
Perhaps I wasn't being clear enough. By PUBLIC infrastructure I meant that it would be a government project through and through. No "private-public partnership" bullshit. The government is responsible from top to bottom and as such, none of the trillions of dollars go to shareholders and other rich people skimming off the top.
It would be the biggest public works program since the New Deal, if not even bigger than the New Deal public works programs that were THE most important part of saving the economy from the havoc wrought by the rich and irresponsible back then and it can be again.
As for the rest of your comment, that's going to be irrelevant with the enormous increase in economic activity and resulting tax revenue to bring DOWN the debt.
Also, I'm not saying not to raise taxes on those who aren't paying their fair share. It's possible to walk and chew bubble gum at the same time. I'm just saying that even IF there's a hypothetical scenario where raising taxes is for some reason not possible, the kind of projects I have in mind would STILL turn a profit from the initial 8.4t investment since all of it is invested right into the tax base and their ability to participate in the economy.
Revenue has largely been flat despite an increase in GDP. explain again how an increase in economic activity- which would be reflected in GDP- increases revenue again?
From the Treasury:
Because most of the increased income has been going to billionaires and their corporations who have been finding ever more ways to avoid paying their fair share. GDP is really bad metric for the country's economy as a whole when the vast majority of the wealth belongs to very few.
With a colossal public works program NOT involving billionaires and their corporations, the added gains would not be lost to tax avoidance AND most of the money would be going where it's needed the most (to the working poor and the middle class), making the economy healthier and more efficient, which in turn will itself increase productivity and tax revenue dramatically.