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Slush Fund Millionaire
21.6K posts
Slush Fund Millionaire
@RationalEye
Tri-State Area Monopoly Champion 2009-2013. Guiness World Record holder for eating the most chicken wings at a Hootie & The Blowfish concert
Hell, MI Katılım Ekim 2014
873 Takip Edilen497 Takipçiler
@dantappin @jengerson @grok All the provinces and territories share paying into the federal operating costs
But what Alberta pays now (even when factoring in equalization) is less than it'd be if having to pay 100% of all operating costs, and that's not including the enormous startup costs of independence
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@RationalEye @jengerson @grok What specifically would AB "run" that we don't already OR pay the federal government to via transfers? Border security? What else?
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You think Alberta -- a province of 5 million people with significant oil reserves -- has more resources than
...the UK.
A country of almost 70 million and a GDP of, like, 3.7 Trillion in USD, give or take.
Chris Minister of Smartarsery@CSmartarsery
@jengerson Can I borrow your time machine and go take a look? The United Kingdom and Alberta are apples & oranges. They are nowhere near Alberta in resources. I don't think this fear campaign you folks have is going to work.
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@Michael61434544 @theyshootactors This is an incredibly funny tweet, because you showed up out of nowhere and started making incorrect claims that you didn't cite 😂
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Point to the historical error. I said taxing wealth creators reduces job creation and government wastes money on bureaucracy. That’s basic economics and empirically observable.
You responded with “you don’t know history” without citing anything. That’s not an argument, that’s you having nothing and hoping vagueness sounds smart.
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Conservatives are like, “The commies are coming for my ninety thousand dollar annual salary.”
Phil Bernie@lomaxx
This is where the “tax the rich” crowd lose me. Say I earn 90k a year and in 2027 I inherit $200,000 I invest that $200k and after 10 years in the stock market it’s now worth $400k If I sell it and realise the $200k capital gain, what the govt and the “tax the rich” crowd are saying is that I should be taxed as if I make $290k every year. Now if I try and split that CGT income across 2 people I’m “greedy” and avoiding tax But if I sell down in 4x $100k lots over 4 years and minimise my tax, that’s ok and nobody bats an eyelid - but it’s the same principle.
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@Michael61434544 @theyshootactors I bet this kind of tweet hits really hard if you don't know anything about American history or about other countries in the world
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@theyshootactors Do you like filling out 10,000 applications just to get a fucking job?
You tax billionaires, jobs disappear. It’s that simple.
Oh and by the way, you might as well light the money on fire, because governments will waste it all on corruption and bureaucracy
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@StatisticUrban A lot of Millennials and Gen Z are still naive or poorly informed about the changes that are currently taking place and how they will be affected by them
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Housing affordability is a huge problem in America, one I talk about constantly.
But I don't think it explains the sentiment-data gap. Owners and renters are both deeply pessimistic, while Gen Z and Millennials, those most exposed to housing costs, are the *most optimistic.*
Vulgar Materialist@AndroidNeera
Here's a cool chart
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@grtdane @omgsidewalks Man who pays for Twitter asks a stupid question while misspelling the word "intelligence"
GIF
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@omgsidewalks Have you worked out exactly what you do want or perhaps we can use natural inteligence to assume you don't want anything.
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@STLD98 @firebornnn You seem to be misunderstanding what I and others are saying here
There won't be some kind of big "collapse". The economy will keep churning along
But for the average person their quality of life will gradually get worse. The Middle Class is slowly being strangled to death
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@RationalEye @firebornnn I understand you think you believe this but deep down you know it’s not true.
When weird religious nuts think judgement day is coming they give away everything. You think an economic collapse is coming yet can’t prove you have done anything to mitigate its effect on you.
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Out of touch award.
The numbers are lower than the Great Recession because people have realized the American Dream is dead and that there is no hope in the foreseeable future whatsoever.
Not because the overall economy is worse. No one cares about the GDP and DOW.
Hunter📈🌈📊@StatisticUrban
My argument isn’t that this is a fantastic economy, btw. It’s that this economy is not uniquely awful, and certainly doesn't merit consumer confidence being lower than *during the Great Recession.*
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@STLD98 @firebornnn No, because 2008 was a one-off crash. It was a major shock event, but it was temporary. What's happening now is a different situation
The changes that are already occurring or impending (EX: massive job losses due to AI) probably won't be one-offs, they'll be permanent
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@RationalEye @firebornnn You don’t actually believe we are heading for an economic crisis worse than 2008 do you?
If you do then show me proof you are shorting the housing market lmao
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@dantappin @jengerson @grok I answered this elsewhere but to add more info:
Equalization payments are just spending tax money. Albertans will have to pay MORE TAXES internally because running a new independent country is wildly expensive. Meanwhile, the cost of living would explode
x.com/i/status/20591…
Slush Fund Millionaire@RationalEye
@Coralie4955 @CSmartarsery @jengerson Because Alberta benefits from being able to move its exports within Canada to reach tidewater, and it also benefits from access to intra-provincial trade and access to Canada's international trade deals A sovereign AB's export values would plummet & import prices would skyrocket
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@RationalEye @jengerson @grok Why would it plummet? No equalization draining the finances of the citizens. Tax rates would drop attracting people and businesses.
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@thinbluesublime @STLD98 @firebornnn There is significantly more pessimism right now than there was in 2008, and that makes perfect sense
2008 was seen as a one-time blip. What people are seeing right now are major negative changes that will last a long time, and possible forever
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@RationalEye @STLD98 @firebornnn Ok but the level of pessimism we see right now isn’t even close to what we saw in the early stages of 2008, so your response does not explain the vibecession.
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@TheBigMan60 @bruce_arthur Good. She should be angry
Even if the referendum fails, all of this separation talk is giving Alberta an international black eye and is having a negative effect on our economy
The whole situation is stupid and embarrassing, and more people should be honest about that
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@bruce_arthur I’m a fan of Jen, but she is coming off angry like people in Ontario when they talk about Alberta.
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Gerson is on fire on this issue. The endless black hole of victimhood from Albertan separatists is really something to behold, especially when you dissect the grievances in question. Some stuff can be argued, but so much is fantasyland.
Jen Gerson@jengerson
You can't claim to be listening to Albertans' "legitimate grievances" if you're only choosing to listen to a minority of Albertans. That's just a fancy way of saying we should coddle the separatists while demanding the federalists take it on the chin.
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@DarrenBurchill @JeromyYYC All of this separation talk is bad for business in Calgary and the rest of Alberta, so he's doing exactly what he's supposed to be doing
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@JeromyYYC Aren't you a big city mayor? Don't you have a couple of local issues to concern yourself with? Maybe if you paid more attention to your job you could reduce the ridiculous cost of gov and extremely poor state of services. Picking a public fight with a columnist is so tawdry.
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Rick, I offered you an interview on separatism. You passed. Instead, you’re out here cosplaying as Alberta’s bravest keyboard warrior while carrying water for one of the dumbest ideas in modern Alberta politics. The old Rick would’ve had the guts to ask the questions himself.
rick bell@RickBellwrites
LATEST. On the Farkas gut punch. calgaryherald.com/opinion/column… #ableg #abpoli #cdnpoli #yyc #yyccc
Calgary, Alberta 🇨🇦 English
@STLD98 @firebornnn The pessimism is justified because it's based on the obvious direction of the economy and the cost of living, not what it currently is today
You're saying "All of our data says that the car is currently on solid ground! Why is everyone panicking?" with the cliff feet away
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@firebornnn Yes the economic reality doesn’t justify pessimism worse than 2008, hence vibes are needed to justify it
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@Coralie4955 @CSmartarsery @jengerson Because Alberta benefits from being able to move its exports within Canada to reach tidewater, and it also benefits from access to intra-provincial trade and access to Canada's international trade deals
A sovereign AB's export values would plummet & import prices would skyrocket
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@CSmartarsery @jengerson You said resources, not natural resources. Those aren't the same thing
The UK has more resources than Alberta does
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@RationalEye @jengerson Alberta has more natural resources than the United Kingdom.
Thats what I said.
And we aren't a 1000+ year old country that once controlled half the earth. Lol.
Apples & oranges. Like I said.
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The Brexit/Alberta separatism analogy isn't about comparing a state leaving an economic union to a province leaving a nation. Alberta separatism, if successful, would have a vastly more significant impact on its people than Brexit.
The analogy is pointing out how political movements that initially demonstrate limited support can take on a life of their own, ultimately leading to outcomes that those who voted in favour didn't actually intend. Especially when fed by arguments that are divisive, opportunistic, emotional, nationalistic, and misleading.
That's the prospect being raised here; that a lot of Albertans who vote for "sticking it to Ottawa" or "generating leverage" are going to wind up with a basket of negative political and economic consequences that they didn't initially think possible.
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@MLKing4766 @jengerson You still haven't provided any proof for this claim that you made:
"This has been studied by many economists, Alberta would be one of the top three richest countries on plant earth"
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@RationalEye @jengerson As I said your turn, you provide one and I will provide another. liberals always like to make everyone else do the work for them.
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@CSmartarsery @jengerson Natural resources are only one type of resource
Overall, the UK has significantly more than Alberta does
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@CSmartarsery @jengerson You do realize that Alberta's GDP would get significantly worse if it became an independent landlocked nation, right?
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@jengerson There are 195 countries on earth.
Roughly 40 with similar populations to Alberta.
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@dantappin @jengerson @grok This is a weird question to ask, because Alberta's GDP would plummet if it became an independent landlocked nation
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@jengerson @grok Where would Alberta rank globally as an independent county in terms of GDP per capita?
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@jengerson Remember Jen, you should feel inclined to give this person a platform and to treat his opinions as being worthy of serious discussion!
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@MLKing4766 @jengerson I just read the article that you posted, and it does not prove this claim that you made earlier:
"This has been studied by many economists, Alberta would be one of the top three richest countries on plant earth"
Where is your proof for this claim?
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@RationalEye @jengerson Oh but I did, you just need to read, your turn.
'Alberta as a U.S. state would not simply be rich — the richest in the Union, in fact
cbc.ca/news/canada/ca…
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