Comment on Would another program like Roosevelt's WPA turn America around quickly from the shitty place we are in?

xylogx@lemmy.world ⁨3⁩ ⁨days⁩ ago

• brucethemoose@lemmy.world ⁨3⁩ ⁨days⁩ ago

  Yeah…

  And the solution is what precisely no one in politics wants to do: increased taxes and cut spending. I’m convinced it’s literally impossible to deal with.

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  • GuyDudeman@lemmy.world ⁨3⁩ ⁨days⁩ ago

    The military budget is what needs to be cut. Benefits and programs do not need to be cut.

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  • AA5B@lemmy.world ⁨2⁩ ⁨days⁩ ago

    We have pretty strong real world evidence that austerity contracts the economy, makes things worse. Government spending brings more money into circulation, stimulates the economy.

    Austerity measures may seem obvious, but we’d be far better off rolling back tax cuts for the wealthy of the last several decades, and provide better/more services to those who need it.

    We have the world’s first trillionaire, yet he pays a lower tax rate than most of us.

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    • brucethemoose@lemmy.world ⁨2⁩ ⁨days⁩ ago

      That’s if the budget has been under control previously.

      I think we have crossed the threshold where pain is unavoidable.

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      • AA5B@lemmy.world ⁨1⁩ ⁨day⁩ ago

        That’s actually the logic I use- if we hadn’t had those tax cuts we’d still have a huge debt but not “pain is unavoidable”. We could have been running a relatively flat deficit that you could argue we’d eventually grow out of. You can’t argue that anymore but perhaps restoring those taxes would bring us back to more sane territory

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      • sportsjorts@lemmy.zip ⁨2⁩ ⁨days⁩ ago

        Or we could tax the rich and expand services to the poor and needy?

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• Lexam@lemmy.world ⁨3⁩ ⁨days⁩ ago

  And functional unemployment.

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  • TubularTittyFrog@lemmy.world ⁨1⁩ ⁨day⁩ ago

    what are you talking about? do you mean ‘underemployment’?

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