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@timeoutoutout

Proud Hoosier | Radically Meritocratic | Poverty Hater | anti-Dream Hoarder | Often Georgist | Politics is for power | “Cato hack”

Indiana, USA Se unió Şubat 2018
517 Siguiendo362 Seguidores
oof
oof@timeoutoutout·
Cash for Clunkers has become this mythological force for conservatives when none of the data support it.
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Handre@Handre

Cash for Clunkers perfectly exemplifies the broken window fallacy in action. The government spent $3 billion to destroy 690,000 perfectly functional vehicles, claiming this would "stimulate" the economy by forcing people to buy new cars. What they actually did was obliterate billions of dollars worth of working capital that could have served lower-income families for years to come. The program artificially inflated new car sales by cannibalizing future demand and destroying the used car market. Those "clunkers" weren't junk—they were reliable transportation that mechanics could have maintained, parts suppliers could have serviced, and budget-conscious buyers could have afforded. Instead, bureaucrats decided to crush them into scrap metal to create the illusion of economic activity. This wasn't stimulus—it was capital destruction on a massive scale. Real economic growth comes from saving, investment, and the accumulation of productive assets, not from government programs that literally destroy wealth to generate temporary sales spikes. The program made cars more expensive for everyone while making transportation less accessible for those who needed it most. Every crushed engine block represented resources that could have continued serving society productively. True prosperity emerges when we preserve and efficiently allocate capital, not when we celebrate its destruction as economic policy.

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oof@timeoutoutout·
any idea how we actually get tariffs refunded? like is it just the actual importers that get it refunded and not go through the supply chain? like i bought stuff directly from an import company that charged my business tariffs do i just eat that cost and they get a refund??
Scott Lincicome@scottlincicome

Quick SCOTUS reax: 1) Refund. Their. Money. NOW. 2) All those IEEPA-gunpoint trade deals are ???? 3) Trump WILL use other laws to reimpose these tariffs, and the courts won't stop them. CONGRESS MUST ACT.

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oof@timeoutoutout·
so ummmmm how do we regain the tariffs that we were illegally charged?
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oof@timeoutoutout·
@CentristMadness 95+% chance pierce won’t be available
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oof@timeoutoutout·
Sports bars, but for big international events.
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oof@timeoutoutout·
The funny thing about right-wingers being obsessed with this quote is that it easily applies to their treatment of liberal democracy and its institutions during the past decade.
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oof@timeoutoutout·
@TFG_Football should have a rule saving the last playoff spot for the leader in points for that’s not in the playoffs. i built it into all of my leagues to act as another counter for schedule luck
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Marcus Whitman
Marcus Whitman@TFG_Football·
This is what I get for starting a Dynasty League with Patrons. I lead the league in "Points For" by 200 whole points yet miss the playoffs. Thanks guys 😡.
Marcus Whitman tweet mediaMarcus Whitman tweet media
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Carlos Aguayo
Carlos Aguayo@JcPro16·
@Robby_NFL They either choke and miss the playoffs or barely make it as a wild card just to get steamrolled on the road in the first game. Very predictable.
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