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I’m okay with the value of the dollar drastically decreasing. In fact, I think it will naturally do so due to the high debt and labor becoming more expensive in
by pylua 2y ago
I’m okay with the value of the dollar drastically decreasing. In fact, I think it will naturally do so due to the high debt and labor becoming more expensive in other countries.
I think it would be good for U.S. workers as it will help make them more competitive in a global labor market.
- heroprotagonist 2y agoANY call to set a debt ceiling needs to be directly tied to converting all for-profit corporations into public-benefit corporations. That doesn't restrict corporations from generating profit. It just balances how they use said profits. "Fixing" the national debt problem by putting a ceiling on it without addressing one of the main contributors to the current state of government spending and quality of life in America is a recipe for disaster. It's okay to rip the band-aid off, but only if you're ready to deal with what may be a mortal wound.
- pylua 2y agoI’m not following. What does setting a debt ceiling have to do with making for profit corporations public benefit ? What’s the main contributor to the current government spending ?
- heroprotagonist 2y agoLook at all of the major government spending and determine who benefits most and where funds are sent. If the recipient of funds is a corporation, also review how their profits are spent and which humans eventually profit from that.