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Meanwhile the US uses it surpluses of wealth to do… what? Optimize ad sales to 16 year olds and fund genocide in Gaza?
by philosopher1234 2y ago
Meanwhile the US uses it surpluses of wealth to do… what?
Optimize ad sales to 16 year olds and fund genocide in Gaza?
- baserev 2y agoSupport Ukraine against invasion from Russia. Support Taiwan against invasion from China. Investing in reusable rockets, pushing humanity out into space. Supporting new technologies like augmented reality, AI, satellite internet, self driving.
- devinrf 2y agoKeep in mind China puts their money in these things too! Except they're on the opposite side and maybe spend a bit less on the military
- gmuslera 2y agoDon't forget bailing out banks that fueled bubbles. With the money that went into that we could had by now a the Sahara rainforest.
- pmalynin 2y agoHave you actually looked into "bailing out banks" (which is called Troubled Asset Relief Program), because if you have you would have learned that the US Government actually made ~$15 billion in profit after selling off the toxic assets 6 years later. Not to mention the money the government made thru preferred stock repurchase by corporations and other things (interest etc) the US Treasury booked a total profit of ~$121 billion. Sorry for calling you out but I'm just very tired of purely emotional responses to this topic because people actually just refuse to go thru the facts of how events transpired and their consequences. EDIT: You can see this for yourself from ProPublica https://projects.propublica.org/bailout/ https://projects.propublica.org/bailout/
- youngtaff 2y agoYes, the US government did make a profit on those assets but what did the bailing out the banks cost everyone else?
- Yeul 2y agoI have always wondered why the US doesn't use the trillion dollar deficit to fund healthcare for all. Republicans always find money for more tax cuts but never social security...
- kupopuffs 2y agoWow you mentioned a lot of topics