this post was submitted on 11 Dec 2023
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News

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[–] [email protected] 70 points 11 months ago (1 children)

People go hungry so Multi-Millionaires can strive. News at 11.

[–] [email protected] 42 points 11 months ago (4 children)

And still Congress didn't pass a wealth tax, or close at least some tax loopholes only the rich can access.

It's the same damn thing in Canada as well. And it sucks.

Unless gov'ts get off their asses and DO the things that need to be done, revolution will come ... and they won't like the outcome at all.

[–] [email protected] 24 points 11 months ago (2 children)

No one will like the outcome. Revolution almost never results in a better living standard in the lifetime of those involved.

That's not to say it's the worst course of action, just recognizing the down sides.

[–] [email protected] 16 points 11 months ago (1 children)

You're right ofc. But almost every radical change in the world has come from revolution, because rich powerful people don't listen to, or even see, the struggles the people face.

[–] [email protected] 8 points 11 months ago* (last edited 11 months ago)

People who love power don't give it up willingly.

[–] [email protected] 18 points 11 months ago* (last edited 11 months ago) (2 children)

I’m convinced the only reason one hasn’t already started is because revolutions, while often very necessary agents of change and herald a lot of good for the future, are both risky and dangerous for everyone involved and in the back of our heads keep hoping things will change for the better without violence. Unfortunately it’s become increasingly and maddeningly obvious that will not ever happen.

[–] [email protected] 9 points 11 months ago

It hasn't happened because the people in power have learned the lessons of history and have been manipulating the masses for a very long time.

[–] [email protected] 4 points 11 months ago

Revolutions are like wildfires: The longer you put one off the more destructive it is when it finally does come.

[–] [email protected] 9 points 11 months ago

The US Congress will never pass a wealth tax without a Democratic majority in both chambers, and enough of a buffer to make Senators like Manchin and Sinema not matter

[–] [email protected] 3 points 11 months ago

Wealth taxes have often been ineffective in other countries where they've been tried, since they're very hard and expensive to administer. Something like a land value tax is much much simpler to collect and produces significantly better economic incentives. Wealth taxes incentivize you to offshore as many assets as possible, while land value takes incentivize you to use land as productively as possible since you can't exactly hide a chunk of real estate in Switzerland.

That aside though, any kind of asset-based tax is constitutionally questionable and would absolutely be litigated to the Supreme Court, where I wouldn't exactly want to place any bets on that outcome right now.

[–] [email protected] 40 points 11 months ago (2 children)

But with rent that’s more than doubled...

We really need politicians to start paying more attention to the housing crisis. Housing costs have been such a massive squeeze on literally everyone, and it's an incredibly stupidly self-inflicted wound because for the last 50 years we collectively decided that housing should be a primary investment asset for all Americans instead of a place to live, and fundamentally, you cannot have housing both be a good investment and have it be cheap.

Literally just build more housing. Public housing, subsidized housing, private market rate, yuppie condos, literally anything.

https://usafacts.org/articles/population-growth-has-outpaced-home-construction-for-20-years/

In the last 20 years, we build around a million single-family homes. In that same time period, the population increased by 3 million. There is no universe in which this happens and housing doesn't become significantly more expensive.

[–] [email protected] 19 points 11 months ago

Zoning restrictions is a huge cause of housing shortages and higher infrastructure costs.

[–] [email protected] 3 points 11 months ago (1 children)

Biden is giving developers a bunch of money to convert vacant business properties into housing, so it's a start.

[–] [email protected] 2 points 11 months ago

A band aid solution to the problem, in my opinion, but I agree it's a start.

[–] [email protected] 25 points 11 months ago

Price gouging. Is it price gouging?

reads article

It’s price gouging.

[–] [email protected] 11 points 11 months ago (1 children)

Remember the food lines when Trump was President? I do

[–] [email protected] 9 points 11 months ago (1 children)

the lines at the food pantry every week went from a few people and 5 minutes to get through to 50-60+ and 60-90 minutes during that time.

[–] [email protected] 5 points 11 months ago (1 children)

We used to have a strategic food supply in the US in case other countries fell into famine. Or, if we needed it ourselves. No longer. I guess Congress felt it was too expensive to keep.

[–] [email protected] 3 points 11 months ago (1 children)

Don't tell me they got rid of the strategic cheese reserve!

[–] [email protected] 3 points 11 months ago* (last edited 11 months ago)

The rice was a big hit. No better foreign relations than giving a big ol bag of rice to a starving family. Stars and stripes printed on the outside.

[–] [email protected] 9 points 11 months ago

These people need to take a look at The Statistics™ so they understand that the economy is actually very good while their stomachs rumble

[–] [email protected] 6 points 11 months ago

Food prices being higher.

[–] [email protected] -2 points 11 months ago (3 children)

monthly grocery bill that now tops $2,400 for her family of seven

I’m not saying the article is wrong, but if you have seven children, you did this to yourself

[–] [email protected] 28 points 11 months ago (1 children)

With so many states cutting off access to abortion, family planning is getting even more difficult.

[–] [email protected] 16 points 11 months ago* (last edited 11 months ago)

A family of 7 implies ~~five~~ six children

Edit: It says her husband was deported to Mexico and she's now a single mom

[–] [email protected] 3 points 11 months ago* (last edited 11 months ago) (2 children)

So it said "family of seven", which probably means 5 children and 2 adults, or just as likely, 4 children, 2 adults and 1 elderly parent.

The really weird thing about this is that even without making any sort of moral judgement, the numbers still don't add up. For example, I have a family of 6 (and only 2 of those are my kids), and our grocery bill is between $150 and $200 a week (about $700 a month). How do you get to $2400 a month? What are you feeding them? Are you ordering takeout ever day? Because that would be stupid.

[–] [email protected] 2 points 11 months ago

Right. $2400 buys a lot of raw ingredients. Get a Costco membership ffs!!

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago)

If you read the article it states that her husband was deported back to Mexico, so it's her and 6 kids.

You also don't know if she lives in a food desert where a single grocery store could charge whatever prices it wants because there's no competition.