Covid-Capitalism Fails Most Basic Test of National Legitimacy

[22lcidw]

The answer to your complaints is to reopen the economy and send people back to work

If you open the economy without knowing how many Americans are infested, you risk crashing the economy as a consequence of overwhelming the medical infrastructure. Until Trump produces enough tests nationwide, opening the economy is a loser.

Donald Trump made $39 million running failed casino company

How many top Prog politicians have gotten the virus? And how many have died? Politicians like Hill and Bill or Barack and his wife Michelle getting the virus and dying from it, in affect taking one for the team will add legitimacy to this. And active politicos like Nancy, Nads and Schiff. Just saying. Is the belief in the Prog Socialism worth it enough for those who support it to die as a martyr?

 

[Bootney Lee Farnsworth]

How many top Prog politicians have gotten the virus? And how many have died? Politicians like Hill and Bill or Barack and his wife Michelle getting the virus and dying from it, in affect taking one for the team will add legitimacy to this. And active politicos like Nancy, Nads and Schiff. Just saying. Is the belief in the Prog Socialism worth it enough for those who support it to die as a martyr?

That would actually demonstrate commitment to the cause.


It would be more credible.

.

 

[georgephillip]

We have over 600,000 confirmed cases. How can we NOT have tested over 1%? That is mathematically impossible.

One percent of 300 million?

United States Coronavirus: 695,107 Cases and 36,576 Deaths - Worldometer

 

[Toddsterpatriot]

And yet, Comrade, you and your Commie friends continue to live here, rather than move to your Communist Eden of China, Cuba, Vietnam or, North Korea, where absolutely "everyone" has to march to the beat of the same order, or face imprisonment or death.

China and Cuba do a better job of testing than MAGA land:

The US economy can't reopen without widespread coronavirus testing. Getting there will take a lot of work and money

"There are only about 120,000 samples or so being tested each day for the coronavirus in the United States, according to the federal Centers for Disease Control and Prevention.

"Experts say that millions of people will have to be tested each day, even as many as 20 million to 30 million people, before the nation can return to a semblance of economic normality."

Maybe you would be happier in Russia?

China and Cuba do a better job of testing than MAGA land:

Liar.

 

[Mac-7]

The answer to your complaints is to reopen the economy and send people back to work

If you open the economy without knowing how many Americans are infested, you risk crashing the economy as a consequence of overwhelming the medical infrastructure. Until Trump produces enough tests nationwide, opening the economy is a loser.

Donald Trump made $39 million running failed casino company

There is a limit to how long government can borrow money and give it away go citizens who are not working

I think we have reached that limit

 

[georgephillip]

There is a limit to how long government can borrow money and give it away go citizens who are not working

But there's no limit to how much money a sovereign government can create (not borrow) to fund a Green New Deal infrastructure project, for example.

Millions of living wage jobs would be needed for such a project, and unlike socialism for Wall Street, those wages would be directly spent on goods and services in the productive economy. Billionaires would be taxed into extinction, and the FIRE sector reduced to where it was in 1945.

 

[Mac-7]

We have over 600,000 confirmed cases. How can we NOT have tested over 1%? That is mathematically impossible.

One percent of 300 million?

United States Coronavirus: 695,107 Cases and 36,576 Deaths - Worldometer

How long are you willing to keep the nation under quarantine?

 

[Toddsterpatriot]

There is a limit to how long government can borrow money and give it away go citizens who are not working

But there's no limit to how much money a sovereign government can create (not borrow) to fund a Green New Deal infrastructure project, for example.

Millions of living wage jobs would be needed for such a project, and unlike socialism for Wall Street, those wages would be directly spent on goods and services in the productive economy. Billionaires would be taxed into extinction, and the FIRE sector reduced to where it was in 1945.

Millions of living wage jobs would be needed for such a project,

There would be lots of low-productivity jobs created. Which means they'd be low-wage.

those wages would be directly spent on goods and services in the productive economy.

First you want to damage the productive economy, then you think it'd be good to stimulate it? LOL!

Billionaires would be taxed into extinction

No billionaires in Cuba, their average person must be doing better than the average American.
Right?

 

[Mac-7]

There is a limit to how long government can borrow money and give it away go citizens who are not working

But there's no limit to how much money a sovereign government can create (not borrow) to fund a Green New Deal infrastructure project, for example.

Millions of living wage jobs would be needed for such a project, and unlike socialism for Wall Street, those wages would be directly spent on goods and services in the productive economy. Billionaires would be taxed into extinction, and the FIRE sector reduced to where it was in 1945.

What you are doing is devaluing the money supply

making each dollar worth less

 

[Flash]

Capitalism is paying for all this stimulus money.

Socialism doesn't pay for jack shit. Just steals the money made under capitalism and gives it away to the filthy ass welfare queens that are too sorry to pay their own bills.

 

[georgephillip]

There would be lots of low-productivity jobs created. Which means they'd be low-wage.

Rebuilding US infrastructure is low-productivity?
Compared to what...hedge funds?

The hedge fund parasites

 

[Toddsterpatriot]

There would be lots of low-productivity jobs created. Which means they'd be low-wage.

Rebuilding US infrastructure is low-productivity?
Compared to what...hedge funds?

The hedge fund parasites

Weatherizing every building in the US, low-productivity.
Wind-mills and solar panels, low-productivity.

 

[georgephillip]

How long are you willing to keep the nation under quarantine?

I don't think there's any nationwide number.
Here in LA, it looks like June 1 might be possible as far as stage one or two is concerned, but it is highly likely other parts of the country will be peaking. So, I guess the Big Question is restricting travel between the states which presents its own problem especially in an election year.

 

[georgephillip]

Weatherizing every building in the US, low-productivity.
Wind-mills and solar panels, low-productivity

Lower cost of living and doing business therefore higher GDP.

 

[georgephillip]

What you are doing is devaluing the money supply

making each dollar worth less

That depends on what each new dollar is spent on.
If they are spent directly into producing new goods and services, inflation will not result. Right now the productive consumer and investor is restricted by usurious levels of debt and therefore unable to boost GDP in the same way they could without artificially high levels of debt.

 

[Toddsterpatriot]

Weatherizing every building in the US, low-productivity.
Wind-mills and solar panels, low-productivity

Lower cost of living and doing business therefore higher GDP.

Lower cost of living

It's true, a lower standard of living is cheaper.

 

[georgephillip]

Capitalism is paying for all this stimulus money.

Socialism doesn't pay for jack shit. Just steals the money made under capitalism and gives it away to the filthy ass welfare queens that are too sorry to pay their own bills.

Human labor pays for all stimulus money.
Capitalism extracts surplus value for those who "own" the means of production.
Socialism doesn't base service on ability to pay.
Can you wrap your mind around a market that functioned on human need instead of private wealth?

 

[Toddsterpatriot]

Capitalism is paying for all this stimulus money.

Socialism doesn't pay for jack shit. Just steals the money made under capitalism and gives it away to the filthy ass welfare queens that are too sorry to pay their own bills.

Human labor pays for all stimulus money.
Capitalism extracts surplus value for those who "own" the means of production.
Socialism doesn't base service on ability to pay.
Can you wrap your mind around a market that functioned on human need instead of private wealth?

Capitalism extracts surplus value for those who "own" the means of production.

You should definitely do all your labor without using any capital.

Can you wrap your mind around a market that functioned on human need instead of private wealth?

It worked for Cuba and the USSR, eh comrade?

 

[georgephillip]

t's true, a lower standard of living is cheaper.

Some living standards deserve lowering

 

[Flash]

Capitalism is paying for all this stimulus money.

Socialism doesn't pay for jack shit. Just steals the money made under capitalism and gives it away to the filthy ass welfare queens that are too sorry to pay their own bills.

Human labor pays for all stimulus money.
Capitalism extracts surplus value for those who "own" the means of production.
Socialism doesn't base service on ability to pay.
Can you wrap your mind around a market that functioned on human need instead of private wealth?

LOL. I love it when you stupid Moon Bats show your ignorance.

You are as confused about Economics as you about History, Climate Science, Ethics, Biology and the Constitution.

Socialism doesn't produce jackshit. All it does is steal money made under Capitalism and redistributes it to the filthy welfare queens. Despicable, isn't it?

Every cent of the stimulus money the filthy government is paying out was made under Capitalism.

Funny thing about about Socialism. When the money that is made under Capitalism runs out and all that is left is "labor" then that is when the people start starving. There are many examples of that.