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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: WiltonKnight   😊 😞
Number: of 84360 
Subject: Re: With friends like these...
Date: 10/14/24 5:04 PM
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When austerity hits...that's when the poop meets the whirling fan blades.
***

Caveat: The Austerity has to hit THEM.

Trouble is the Smug 401K'ers are somewhat insulated from it.

Hence, corporate taxes need to go up. Tax advantages on capital gains and dividends need to be gutted. Unrealistic - but 401K accounts need to be tithed because after all "if you got a retirement account larger than average.....YOU DIDN'T BUILD THAT, someone else did it for you"

And finally, some of the more 'raw' podcast-blog people (I'm out of it I follow none of it) need to inform those being victims of austerity that their problem isn't a few billionaires, but their problems are right now, walking around parking lots of yoga and whole foods. They live - unguarded from Bethesda to Arlington VA to New Hope PA to Ann Arbor MI to Berkley, CA..... it's *them* that are at fault for the austerity.

Then sort of let forces of bad culture, resentment, fear, A.I manipulation from outside the country, and austerity take over and let things run its course.

It's tough medicine. But I didn't do it.

They did it. And still want to do it.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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