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Why does this all-or-nothing objection come up all the time? You see it with the minimum wage debate too, as in "why don't we pay everyone $100/hr" or whatever.
by ahelwer 6y ago
Why does this all-or-nothing objection come up all the time? You see it with the minimum wage debate too, as in "why don't we pay everyone $100/hr" or whatever. It's just lazy thinking. The economy is a nonlinear system that affords many options beyond these ridiculous binaries.
- cmoscoso 6y agoCan the government deliver non binary solutions?
- notahacker 6y agotbf the 'many options beyond these ridiculous binaries' appear to be what the OP in this thread aggressively dismissed with their argument that because gold bugs are wrong about immediate hyperinflation from deficit spending in a massive economic downturn, all other economists who argue government ability to eliminate poverty through deficit spending in other circumstances might face constraints or tradeoffs 'just want to bully and shame the people that are in a bad situation'