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Lewis
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@TaintlessRed If this is the socialism that is killing america, it doesn’t seem so bad.
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Lewis retweetledi
He's making life so much better and easier for people no wonder Americas billionaires, lobbyists and right wing politicians hate him so much.
internet hall of fame@InternetH0F
Zohran Mamdani announces a new click-to-cancel rule for NYC This rule is aimed at stopping impossible to cancel subscriptions and guaranteeing New Yorkers can cancel subscriptions as easily as they sign up The new rule will save New Yorkers an estimated $162.5 million per year
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@_LewisLFC The ultra wealthy aren’t passive beneficiaries of a system that just happened to enrich them. they’ve spent decades lobbying to keep housing supply restricted, block planning reforms, crush union bargaining power etc etc as that inflates their assets.
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I think his biggest issue is he is incessant on the yearly wealth tax. But the ultra wealthy are insanely rich because of the current economic system, they themselves are a symptom not a cause. Fix the overly supply focused set up, otherwise you’re just skimming off the top and delaying the inevitable.
There is a word for this but i can’t remember it 😂
Lewis@_LewisLFC
Gary Stevenson has set us back 30 years pushing his angle with pure rhetoric. Even if his overall goal is right, you can’t posture yourself as an elite economist and then base your entire stance on vague nothingness.
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@_LewisLFC The goal is wrong though. Socialists have one goal, to destroy western civilisation as quickly as possible.
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@sport_simon I have knowledge of what elite economists are capable of. I haven’t done the technical stuff behind it and he has but isn’t using it.
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@_LewisLFC But you said he was just pure rhetoric - so assumed you must have some knowledge/ reason behind saying that
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@_LewisLFC Your post is the definition of empty rhetoric. You haven’t evidenced anything you’ve said.
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@Eithin5141951 @numb9rnine centre left leaning economic thinkers in the current discourse
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@_LewisLFC @numb9rnine Then what, the whole world? What do you mean?
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@Im_Rightest @sartejt i wonder why we became reliant on others if it wasn’t the hollowing of the state.
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@_LewisLFC @sartejt Inequality is not a problem. Thatcher gave this country opportunity. It has been the rising client state from Blair onwards thats killed us.
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@CitizenSuburbia You’re right, and i’m all for predistribution over redistribution. Public investment is very important and currently too much cash flows into private hands making it impossible for the Government to do what needs to be done in the UK
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Get over this fetish with taxation as a model for redistributation and look at other means.
Singapore on a post tax basis has a marginally lower Gini coefficient than the UK but a much lower tax share of GDP.
Its policies are centred on upskilling the work force and forced savings and asset build up by its citizens.
It diversifies government revenues beyond tax, and does not rely on immigration, but does rely on building public housing, which the UK does not do.
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@_LewisLFC Lol. No he hasn't. He's trying to steer us in the right direction... He's asking for the so called experts to step up
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I get that and i am not arguing for us to keep the current low productivity state while increasing consumer spending power because then we’ll have high asset inflation and high general inflation.
While i don’t think he’s got the right solution, his general direction is pretty spot on.
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@_LewisLFC @WillWil99933913 Sure, yes that is very basic economics. What is your point here tho, marginal propensity? If it’s marginal propensity, I think inflationary pressure is not talked about enough as a flaw in redistributing wealth. The system works in equilibrium.
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@_LewisLFC That’s the thing - his aim is right- but his angles, evidence base, key discussion points, coherence around an argument point, ability to assimilate other people’s points (lack of) absolutely
delegitimise the fundamental point he’s trying to make.
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@_LewisLFC Tech growth is not asset inflation.
Real estate and industry/conglomerates is asset inflation.
This is not hard to understand.
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Funnily you’ve attributed economic growth to asset inflation in your first point and then debunked yourself in the last statement. I’m talking about real economic growth for the broad economy, not just the massive returns for assets owners.
China moved on from communism and implemented quite a Government directed capitalism with lots of Keynesian elements. Far from a Liberal Market we’ve been forced into. As for the authoritarianism, that is politically right not economically right, conceptually different things.
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The greatest growth in capitalism’s history has happened in the last ~15 years where tech has boomed, the S&P 500 has quintupled, and thousands of new billionaires have been minted – hence the recent calls for wealth taxes.
None of the societies you reference are remotely left-wing when it comes to creating wealth, least of all China, who are a deeply authoritarian but fundamentally market-oriented in their practices.
Industry monopolies and real estate have appreciated rapidly as asset classes because Western central banks have injected trillions into the system through ludicrous QE and money-printing programmes, inflating asset values to unprecedented levels
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@TheBigMav2 @sartejt and i don’t disagree with the principle behind Gary’s stance, im not a fan of how he handles himself in the moments where he needs to defend his stance.
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@cillbill00000 By that i meant the story you’re referencing holds no power over me. Why would i lie about not believing in jesus 😭
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@_LewisLFC you literally said the reference meant nothing meaning you had never read the stories. now you say you know the stories. you cant even keep up a consistent lie.
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@Who8642 @SamAndreetti because he’s looking at it from a reactive POV rather than a proactive POV.
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@_LewisLFC @SamAndreetti He can't be better than vague because he has no real solutions.
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Literally 90% of politics is vague nothingness, you are trying to complain about vibes based politics because they are different vibes to what you want ??
Lewis@_LewisLFC
Gary Stevenson has set us back 30 years pushing his angle with pure rhetoric. Even if his overall goal is right, you can’t posture yourself as an elite economist and then base your entire stance on vague nothingness.
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@cillbill00000 no i know the stories lol i just wasn’t as impressionable as you were as a kid obviously
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@_LewisLFC i'll give you a short summary then, you are the irredeemable that christ attempted to redeem. big mistake
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Seeing Liverpool fans suggest and rave about guys like Yan Diomande and Lamine Camara this summer was blood boiling, but wtf was up with this guy ??
Mats Wieffer uno 😭🤣
Lewis@_LewisLFC
Sell Mac to Madrid for £60m, send Brighton £40m for Wieffer, get Kerkez and Leao and we should be sound. be better if we got a CB but can’t have everything
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