this post was submitted on 12 Feb 2025
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politics

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To be clear: this isn't the "we stopped paying promised grant money" but is literally the federal government yanking money out of an NYC bank account.

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[–] libertyforever@lemmy.world -5 points 11 hours ago (2 children)

The Democrats pretty much never reverse Republican tax cuts, because they actually like these tax cuts. They know trickle down economics works even though they can't say it out loud.

[–] CouncilOfFriends@lemmy.world 5 points 10 hours ago* (last edited 8 hours ago) (1 children)

So you agree tax cuts for the rich are bad, or do you actually believe the wealth inequality and political bribery this enables is a net good? It's clear the trickle-down bullshit doesn't work as evidenced by stagnant wage growth.

I would recommend supporting progressive candidates instead of simping for the people who enacted the laws which have destroyed our middle class. Pointing out corporate Democrats exist and vote with Republicans to protect their shared donors is valid, as long as you can recognize that Republicans cry about the deficit whenever they are not in power, and when in power spend like drunken sailors, increase military spending, and continue to use the deficit they grew as a cudgel to dismantle only the parts of the administrative state they disagree with. I'm not that stupid, and I doubt you are either.

[–] libertyforever@lemmy.world -1 points 3 hours ago (2 children)
[–] T00l_shed@lemmy.world 1 points 2 hours ago (1 children)

I too like having a service provide be intentionally under funded, allowing essential services to be running super lean so that they can't function effectively. It's very efficient

[–] libertyforever@lemmy.world 0 points 14 minutes ago (1 children)

Their efficiencies are so bad and they wasted so much money on stupid spendings. They are actually way over funded right now.

[–] T00l_shed@lemmy.world 1 points 7 minutes ago

According to who?

[–] T00l_shed@lemmy.world 1 points 9 hours ago (1 children)

If trickle down economics works explain this

[–] libertyforever@lemmy.world -1 points 3 hours ago (1 children)

Explain what? I see the current poverty rate is very similar to the 1980 level.

[–] T00l_shed@lemmy.world 1 points 2 hours ago (1 children)

Exactly, nothing has trickled down.

[–] libertyforever@lemmy.world 0 points 27 minutes ago (1 children)

It did trickled down significantly.

Poverty rate is relative. If poverty rate doesn't increase and GDP grow more than normal, then in absolute terms it is better for lower and middle class. That is exactly what happened. See the chart below.

US GDP as a % of G7 GDP

[–] T00l_shed@lemmy.world 2 points 25 minutes ago

Whoops wrong again