skhunted

33 ms·

541.
by skhunted 3y ago
Electricity is an essential good in the present era. There is generally no competition on the provider. As such the the energy company has a large amount of pricing power. Price controls, when done properly in such a situation, give the
542.
by skhunted 3y ago
We have decades of experience of insurance companies and utilities not being able to charge whatever they want without causing shortages. Now, in California there is an example where this price limitation is causing some companies to pull
543.
by skhunted 3y ago
Then we agree that price controls can be implemented that don’t cause shortages. A price control that sets a price where a sufficient number of people are willing to perform a service or make a good do not cause shortages. Such a control i
544.
by skhunted 3y ago
I think you are deliberately missing the point. Part of the regulation of insurance companies and utilities is price controls. We have decades of experience with these price controls not causing a problem. The act of having a price contr
545.
by skhunted 3y ago
So price controls, as in the concept, does not cause shortages. Bad implemented price controls contribute to shortages. It’s not the fact that there are price controls that are cussing the shortage it’s the implementation of them in the
546.
by skhunted 3y ago
There have been price controls on insurance and utilities for decades. There are decades of experience where it hasn’t caused a shortage.
547.
by skhunted 3y ago
Regulated insurance and utilities are not allowed to charge whatever they want. This has been the case for decades. We have decades of evidence that this part of regulation is not in and of itself bad.
548.
by skhunted 3y ago
Every state regulates insurance and almost all of them regulate utilities. Regulating those industries is necessary.
549.
by skhunted 3y ago
Biggest single buyer. It’s an investment that SS makes. They could instead buy securities of other governments but U.S. securities have been the safest to purchase. Without SS do you think the U.S. would not be able to borrow as much a
550.
by skhunted 3y ago
It would most likely be a way to legitimize bribes.
551.
by skhunted 3y ago
The debt to gdp ratio in Japan has been well over 100% for decades. In fact it is over 200%. What matters is the ability to service the debt. Those buying U.S. government securities are not as alarmed as you. Do you have reason to beli
552.
by skhunted 3y ago
You don’t understand how these things work. The FED conducts auctions for securities that entities purchase. Without entities buying the securities there would be no money for the government to borrow.
553.
by skhunted 3y ago
Your analysis is missing two major things. PSLF started in 2007 but wasn’t just for new borrowers. The first year people could have qualified for forgiveness was in 2017. The vast majority of people who applied for forgiveness between 20
554.
by skhunted 3y ago
The government isn’t spending money it doesn’t have. It does spend money it borrows from lenders. The lenders think it is a relatively safe investment since they keep lending money to the U.S. government. I’ve been hearing doom and gloom
555.
by skhunted 3y ago
If you measure something that has catastrophic consequences if it gets “too big” and later find out that the measurement understated things then that is disconcerting. The headline seems appropriate.
556.
by skhunted 3y ago
The concern is not that people want change or that they vote for change per se but that the change comes in the form of a person or persons who destroy the freedom to vote for change. This is more likely to happen during times of disconten
557.
by skhunted 3y ago
I don't understand your points. Obviously the person was stating their anecdotal experience and how it made them feel. We engage in similar reasoning. We make decisions and draw conclusions based on our experience. It's a not
558.
by skhunted 3y ago
Hard to claim to have implemented a system before a word for that system was invented. Small groups of people were wildly successful in implementing the idea of shared ownership/responsibility way before the word communism was invented
559.
by skhunted 3y ago
1870 U.S. is one example. There was restraint of international trade but that trade wasn't much and it didn't have the capacity to be much. A continental sized country at a time when transportation was still limited that used a
560.
by skhunted 3y ago
Pretty much every country implemented Austrian economics principles before that became a term.
561.
by skhunted 3y ago
The last mother-of-all-recessions where the accumulated debt and unhealthy investment comes crashing down. that happened in the U.S. was before Keynesian principles were used. It was the use of Keynesian principles that helped FDR win 3
562.
by skhunted 3y ago
Is it possible that what you call knob twiddling is more effective/humane than the effect of Austrian economics when those principles are followed?
563.
by skhunted 3y ago
I think you greatly underestimate the power of targeted messaging and how easy it is to change what people believe. All of us are susceptible to being convinced of a certain viewpoint in matters where we have no expertise.
564.
by skhunted 3y ago
You should read the article. No reasonable person is proposing a domestic disinformation campaign. The proposal is for a information campaign. To identify fakes and let people know at the time they first encounter whatever it is that was
565.
by skhunted 3y ago
It’s hard to have an “informed” society while simultaneously not trying to fix the disinformation problem.
566.
by skhunted 3y ago
It’s ok to try to stop a bad act from happening even though other bad acts are also occurring.
567.
by skhunted 3y ago
As with most things in life moderation is essential. Dissent is good if it isn’t too extreme. Exceptions abound. Hence the intractability of the current threat to the U.S. Disinformation will win out. Look at how many people stupidly d
568.
by skhunted 3y ago
Consider the possibility that this due to influence by foreign controlled bots and targeted information warfare against American citizens.
569.
by skhunted 3y ago
Especially since it genuinely is. I’m not claiming the U.S. is better in an objective sense but clearly the two countries are in opposition to each other. China clearly would love a divided U.S.
570.
by skhunted 3y ago
Isn’t it obvious that Russia and China have been waging an information war against the U.S.? Isn’t it in the national and societal interests to prevent a foreign power from sowing dissent amongst the citizens of the country? It’s been esti

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