gastationsushi

joined 1 year ago
[–] gastationsushi 45 points 6 months ago* (last edited 6 months ago) (1 children)

Texas has significantly higher property taxes than California. So high in fact, many of the tech bros that moved out there and bought a million dollar home had a higher total tax burden even though California has higher income and sales taxes.

Don't ever trust a cool guide to figure your taxes, just do the math yourself.

Also higher taxes can save you money in the long term if those taxes support things like infrastructure, education, and healthcare. Living in Texas, getting back 10-20% of your income back through lower taxes but receiving a fraction of the benefits of a social democracy in a Nordic country ain't a fair trade for working people.

[–] gastationsushi 4 points 6 months ago

I'm white and I would never speak to the racism you have experienced. But I can tell you that conservatives are more likely to say racist shit about Mexicans around whites.

If you want to vote Republican, that's your right. We live in a democracy, I don't get too upset just because someone has a different POV. But stop lying and saying your vote towards a party full of openly racist politicians is actually the Democrat's fault. No bro, conservatism is just your POV.

[–] gastationsushi 11 points 6 months ago* (last edited 6 months ago) (8 children)

You make it sound like if people told Latinos they can't vote for Democrats then they wouldn't want to vote Republican anymore. But we all know that ain't true. Grievances only go direction way in the USA, from the right.

The GOP is the party for people in a bubble that want to feign victimhood while oppressing working people who are actually the oppressed.

There's a conservative Latino in my family who married a white karen, he's always bashing other Latinos. It doesn't matter what color their skin is, rightwing Republicans act the same in my experience.

[–] gastationsushi 2 points 6 months ago (7 children)

Instead of writing paragraphs complaining that users and sourcing widely understood facts, you can spend a few seconds searching yourself.

[–] gastationsushi 9 points 6 months ago (9 children)

It's well known the Israeli government moved troops to the west bank to help settlers and many Israeli allies warned of chatter of an impending attack.

Here's one story but it's behind a paywall: https://www.haaretz.com/israel-news/2023-11-20/ty-article-magazine/.premium/the-women-soldiers-who-warned-of-a-pending-hamas-attack-and-were-ignored/0000018b-ed76-d4f0-affb-eff740150000

Also Israel has delivered cash to hamas to prop them up to justify further violence against Palestinians: https://www.nytimes.com/2023/12/10/world/middleeast/israel-qatar-money-prop-up-hamas.html

[–] gastationsushi 10 points 7 months ago

Liberals on lemmy are so frustrating. They told me Biden cannot change scheduling and he cant pressure his subordinate to change the scheduling. But they are probably in here cheering Biden.

Biden is running against a cult, he needs to transform America for the better to win. And all liberals worry about is keeping the status quo and thats killing his poll numbers.

[–] gastationsushi 1 points 7 months ago

Google Japan's inflation and gdp vs debt ration since the 90s. Why are they more afraid of deflation than inflation.

Russia is under sanctions and is waging a costly war. They managed to drop their inflation and grow their economy with higher government spending.

Countries will all face economic issues at times, but inflation due to government spending is not something leaders of rich countries actually worry about.

[–] gastationsushi 1 points 7 months ago (2 children)

There is not much evidence that a rich country growing deficits* causes inflation. Russia and Japan are recent examples.

*growing deficits = throwing money into the economy

Markets are real as in they exists and the free market was a historic idea used by capitalists to explain why the 19th governments shouldn't interfere with them. But as a consumer living in the 21st century, the free market might as well be a fairytale. But if you still believe, who am I to bring you down.

[–] gastationsushi 1 points 7 months ago* (last edited 7 months ago) (4 children)

What caused recent inflation? That is easy. It's caused by many things including supply chain disruptions, lack of competition, war, and non-existent government oversight.

Whatever the reason, companies are making more money and workers are producing more than any time in history. So back to your point, companies need an excuse for their price gouging. The money supply is their biggest scapegoat. They also blame theft and high wages. But none of those arguments hold up to scrutiny.

[–] gastationsushi 1 points 7 months ago (6 children)

Does this contradict what I've argued? I'm not seeing the connection

You originally made the argument about spending and inflation. It implies money is limited resource to a central bank.

[–] gastationsushi 1 points 7 months ago* (last edited 7 months ago) (8 children)

What they tell us about money is often propaganda. My understanding about what money is changed after I realized:

A) Money is not fair, it will never make a lot of sense because the leaders who control a currency always use it to their benefit. It can take Americans tens of thousands if not hundreds of thousands of hours of labor to make a million dollars. But an ex politician / government official can earn that from a handful of 30 minute speeches.

B) Taxes never fund a government. Taxes are one of the tools to create demand for a currency. But a government creates it's own currency, why would they need tax revenue to spend when they are the ones creating money? This would be like saying we can't mail anymore because we ran out of stamps. The limiting factor for how much we produce is manpower, never money.

[–] gastationsushi 2 points 7 months ago* (last edited 7 months ago) (11 children)

Government spending is doing some heavy lifting here.

Yeah, if you are Zimbabwe and you are minting your currency like there's no tomorrow while all your debt is in USD. Your currency is at a huge disadvantage and you'll hit trillion dollar bank notes in no time.

Rich countries trade massively while they require poorer countries to hold debt in the currency the richer country controls. This makes rich countries too big to fail, because their currency failing hurts everyone. As long as a rich country is growing their economy they can mint as much as they want.

Japan is taking this to extreme levels with their debt to gdp because they are fighting deflation from an aging population. Russia had double digit inflation because of Western sanctions, but they literally spent their way into single digit inflation with their war economy.

This "fiscal responsibility" from conservatives is actually hurting the US economy. The only inflation the fed is fighting rn is high wages for workers. Don't fall for the propaganda.

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