Oh my god is nuance not a thing on Lemmy?
He said it is always better for the economy(economic growth) to give more purchasing power to the people. This is false, as the approach China takes is quite effective.
I do not advocate for it, and, in fact, oppose it for reasons I already mentioned, but this is irrelevant.
Once again, you are advocating for the Chinese system of slave labor to drive their economy. By that logic, you would also support the American slave system of the 17th/18th/19th centuries, because it “worked out well for them.” Yeah, for the pantation owners, not their slaves.
The only reason you would advocate for such a system is if you would personally benefit from it. If you actually would, because you are a wealthy person, then I get it. I hate you, and I want you to pay your fair share of taxes, and stop lobbying for more benefits at my expense, but I get it.
But if you are just a regular citizen, who goes to work every day, and collected a paycheck, then what the Hell is wrong with you? Why would you encourage such a system as “working out well?” From the perspective of a working class American, what is working out well for the wealthy (Trickle Down Economics) should not be the objective. We should be looking out for solutions that work out well for ALL Americans (Trickle Up Economics), or we will implement a system that benefits everyone EXCEPT the wealthy (Robin Hood Economics).
Are you blind?
I am saying that even though it is beneficial for the economy, this is still a bad policy that I oppose.
I’m not blind, YOU are missing the point that an economy based on slave labor is not a good economy because its based on an immoral, unsustainable foundation. It may work for a while, but it will always ultimately fail, because as that system ages, abuses will increase, as the slave population grows, and the inequailty will eventually boil over, to the severe detriment of the few who benefit by that immoral economic system.
Its lIke saying that driving as fast as you can will get you there faster, without regard to the fact that faster speeds reduce fuel economy, and refusing to refuel because it will slow you down. Eventually you will run out of gas and be stranded in the wilderness, surrounded by hostile, angry, HUNGRY animals.
He said it is always better for the economy(economic growth) to give more purchasing power to the people. This is false, as the approach China takes is quite effective.
Did I say that?
