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ANY 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 corp
by heroprotagonist 2y ago
ANY 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.