CosmicV

Name me one successful communist society. Lol.

Actually, both billionaires and immigrants are good for economy. Anti-billionaire and anti-immigration beliefs tend to result from the mistaken view that there’s a fixed sum of wealth.

In 1998, the United States achieved its first federal budget surplus in 29 years, effectively ending a streak of deficits that had lasted since 1969. ⁠ ⁠ This milestone was achieved under President Bill Clinton, following the passage of the Balanced Budget Act of 1997, which resulted in a fiscal surplus of approximately $69 billion for that year.⁠ ⁠

Ok. Take government completely out of healthcare. No rules. No laws. No Medicare. No Medicaid. Hospitals, insurance companies, can do anything they want. What do they do ? If you were running any of the biggest insurance companies or hospitals, what would you do differently once gov was completely out of healthcare ?

When traveling, instead of McDonald’s drive thru, we pack bologna sandwiches. Old ways.

"Working hard" is not how you get rich. It's not why people give you money. Hasan doesn't work 20x harder than a teacher, why does he make 20x more? You get money by providing something people want. Hasan entertains people, so they subscribe or donate to him, buy his merchandise etc. Similarly, Bezos got rich by doing something people wanted. Customers want to shop from their phones or laptops and have stuff delivered and people want to rent computers. Those things make Amazon a valuable company. Investors want to own a valuable company so they buy shares of Amazon. Bezos provided a great many people stuff that they wanted. They paid Bezos in exchange. As a result, Bezos has a lot of money. Nobody paid Bezos because they thought he worked super hard. They paid him because he gave them something they wanted more than the money they paid. If I want to have a ditch dug and worker A will use a spoon and B will use an excavator, I am not going to pay worker A more even though it will be much harder work!

A lot of Boomers sold their sons and grandsons birthright, for just a little more GDP.

Just a reminder: Nobel prize winning economist Joseph Stiglitz agrees with us. Asking a Billionaires to live with 995 million won't end civilisation... But runaway inequality might.

Insane stat of the day: California almonds use roughly 3–5.5 million acre-feet of water per year, depending on methodology. That's ~4-7x more water than all data centers in North America used combined in 2025.

You can't complain about boomers having it easier in their early 20s if you aren't willing to live like the boomers did when they were in their early 20s

9 dollar lunch btw boomer