2 ms·

MMT job guarantee

• throwatdem12311 24d ago
  Boy I sure love my ditch digging job for the government! My friend also loves his ditch filling job too!
  • schmidtleonard 24d ago
    About 100 years ago, American capitalists drunk-drove the US economy into a ditch and the government had to jump-start it by allocating capital itself. The jobs were in national parks, schools, housing, and rural electrification. If you've ever been to a national park, chances are decent you walked by/over a plaque or stamp commemorating it. It's reasonable to want most capital allocation to happen privately, thereby ensuring these decisions are made by people with a track record of success and skin-in-the-game. That's capitalism, it's good, and I'm a capitalist too. But the propaganda that the government is so inherently bad at this game that one should fight it even in an emergency is reductive, defeatist, and ahistorical.
  • mcmcmc 24d ago
    You say this, but if the US actually expanded nationwide fiber like we were supposed to there would have been a whole lot of ditches to dig up and refill. Public works projects don’t have to be wasteful.
    • Tostino 24d ago
      You may know this already, but we did lay the fiber already like we were supposed to have. Most of it just never got used until ~20 years later. Because corporations need to milk their profits.