JustAnotherName

@dhe3g Is this data year on year or month on month? That context matters. Year on year means that this data factors in from last year (before he came to office).

But I thought Mamdani ruined NY

@ChatJoePT @ZubyMusic @AOC Yeah. Only 5 trillion came from taxes the other 2 trillion was inflation causing deficit spending.

@ZubyMusic @AOC In 2025 the US federal government spent $7,100,000,000,000. For context, that would be the equivalent of one Ocean's 11 heist every day for 121 years straight. @ZubyMusic is correct. The government is mostly a slush fund hidden behind a few public goods.

The single largest form of theft in America is wage theft. $50 billion a year are stolen from American workers. If a billionaire amasses their wealth by underpaying their full-time workers so severely that they must rely on food assistance and government programs to survive, then no, that wealth was not earned by one individual - it was a wealth transfer subsidized by underpaid American workers and the public who get stuck with the bill for large corporations free-riding off our systems. The point is less about individual morality. It’s more about how our current economic reality of shattering inequality rewards screwing over workers and exploiting essential systems at scale. We’re talking monopoly power. Rent-seeking. Wage theft. Profiteering. Stock buybacks. Destabilizing housing markets. Companies using SNAP/EBT to underwrite their wages. Massive government subsidies or contracts to corporations following lobbying and dark money in politics with little to no oversight or accountability. Some people get enraged that I draw attention to this. That’s on them. Let them call me shrill, dumb, inexperienced, girly, uneducated - these folks will say anything to distract from or undercut the truth that working people are getting screwed, and giving people a fair shake means we must have a grown conversation about reigning in abuse of power.

@mattvanswol @AOC @deeame It's actually closer to 5 trillion in recent years.

@AOC @deeame No. The federal government steals nearly $3 TRILLION from us, the American people, every single year in federal income tax. That is BY FAR the largest form of theft.

@Handre They are in debt to themselves mostly. Money supplies have gone up as can be seen in each country's M2 data. Govts increase money supply so they can spend more than they have. Causing inflation.

To whoever you borrowed the money from😲 What is it with economically illiterate people and this idiotic meme?

@MetamateDaz Why don't Starbucks baristas quit and start their own worker owned coffee shop? Is it because they don't want the risk even when it's shared? Just want the gains, not the losses.

The Starbucks CEO made $97 million in 2024. The median Starbucks barista made $14,674. That's a 6,666/1 ratio. a barista would have to have started working 4,643 years before Jesus was born to earn what the CEO made in a single year.

Can’t believe this guy’s goal is to hoard a $10T net worth. I would think with all that wealth, he would use it to help people more. Like ending deaths in car accidents, or providing affordable transport for everyone, or offering internet to isolated people groups or something.

@ZeroMazed @PeterMcCormack It literally isn't. It is literally money being worth less.

@PeterMcCormack inflation is literally just a wealth transfer to the rich. then the political blame game starts smh.

Inflation is a tax on the poor and a subsidy to the rich. A party which refuses to deal with inflation, hates the poor and loves the rich. Guess what happens in every socialist state - high inflation. Socialists hate the poor.

@PeterMcCormack Inflation affects everyone rich and poor. Rich people don't want their money to be worth less just like poor people do. It's just that rich people are more likely to have assets outside of cash.

@Rothmus Palantir had an insanely high PE ratio last I checked. Insanely Overvalued compared to other AI stocks.

He will fail. Then he’ll be remembered as a one-hit wonder.

@fiat_money @MichaelAArouet Communists in America could start a worker coop now. They don't because they're scared of even sharing risk in running a business.

@MichaelAArouet These graphics are so stupid

Why should entrepreneurs stay in places that punish innovation, progress and jobs creation? They simply move. It happened in Britain, Germany, California, and now in NYC. They take their taxes and countless jobs with them. Why does the left always make the same mistake? Envy?

@crypto_tarnado @PDgasman @jackunheard What's the point in writing a comment that just makes me repeat myself. Sigh. What's weird is that spending is all he talks about and you still don't have a budget. $30 mil for a single supermarket in 3 years though. Congratulations, I guess. Then the inevitable inflation hits...

@NamesTheThird @PDgasman @jackunheard Pretty weird since he hasn't even proposed his own budget yet. Almost as if he inherited this problem from the previous administration. But this is the type of misinformation I expect from the right these days. Sigh

Zohran Mamdani actually just announced a budget crisis... 4 months into his term... New Yorkers, you got played.

@deshawnwrites22 @jackunheard Mamdani before being sworn in was saying budget constraints were right wing propaganda and criticized Adams for not spending more on illegal aliens. He had no budget plan, just spend, spend, spend. Reality hits, he plays blame game.

@jackunheard Are ya'll okay? You do realize Eric Adams was taking bribes and Mamdani has to clean everything up? "Adams’ staggering fiscal mismanagement left a $12 billion hole in NYC budget for the next two fiscal years". nyc.gov/mayors-office/…

@PDgasman @jackunheard Mamdani before being sworn in was saying that budget constraints are right wing propaganda. Mamdani was criticizing Adams for not spending more on illegal immigrants. Mamdani came into office with no budget plan, just spend, spend, spend. He's playing blame game. You eat it up.

@jackunheard You incels realize that Adams fucked him right?? lol

@NoahTMott @WallStreetApes They already do pay property taxes on that second home. Left propaganda has you people believing business owners are incapable of budgeting and doing cost benefit analysis and will sit idle to be ripped off.

I wish someone could explain to me why we don’t want to tax these people on second homes who are perfectly capable of paying it. Like, fuck these people. especially if they want to pull out of a project that would have employed New Yorkers. Fine, bro. New Yorkers will do it themselves.

Billionaire hedge fund Citadel CEO fires back against New York City mayor Zohran Mamdani Zohran Mamdani filmed a commercial right outside Ken Griffin’s home, threatening new taxes on second homes Ken Griffin responds threatening to - Pull a new $6 billion dollar project - The development will create roughly 20,000 mostly permanent jobs Zohran Mamdani says Ken Griffin isn’t “paying his fair share Griffin says - Him and his staff have paid $2.3 billion in city and state taxes just in the last few years - Griffin himself directed $650 million in charitable gifts to city institutions Zohran Mamdani is going to destroy New York

@tochmgoch @justdobber Houses that were $300,000 when I was a kid are now worth near $1 mil just because of inflation and NYC demand. With govt spending over 2 trillion more over budget every year inflation doesn't look to be ending anytime soon. People will need that much money.

@NamesTheThird @justdobber No one needs a $5m house to function.

The average American citizen cannot differentiate how drastically different the numbers 1 Million and 1 Billion actually are

@shotgun562002 @justdobber Yep, an American living in Japan. My wife is Japanese. You have made clear, you don't understand economics and will continue to argue despite having no clue what you are saying. No thanks.

@NamesTheThird @justdobber I know basic economics and I'm happy to explain it to you, my fellow American. Holy shit it's based in Japan. I've been bot chatting for an hour 🤣🤣🤣🤣🤣🤣

@shotgun562002 @justdobber Anyone who thinks taxing money you don't have is a good idea is a clown. I don't have any more patience for you.

@NamesTheThird @justdobber These payments are accounted for when you realize the gains also.

@shotgun562002 @justdobber "Uninformed" projection. You don't know how assets work. They can be up 1 year down the next and that value never entered my bank account. You're mouthing off on a subject you don't understand. Cashing out (capital gains) already exists. Already taxed anytime you make or spend.

@NamesTheThird @justdobber You don't understand the mechanisms behind the proposal bc ur an extremely uninformed voter. That is not how the tax works. They're not billed on every gain. It's an annual tax bill that compares your net worth from point A last year to point B this year.

@shotgun562002 @justdobber It definitely does leave that open. You may need to re-read what you posted a few times. It might be above your grade level.

@NamesTheThird @justdobber It does not leave that open. It is unquestionable that aggregate demand increases. The textbook adds the context that it may increase above or below aggregate supply. Whoever is building this boogeyman for you won't tell you this isn't materially problematic.

@shotgun562002 @justdobber That explains it. Just young kid who thinks he knows everything.

@NamesTheThird @justdobber I could be your son, if you were a little irresponsible.