By D.W. MacKenzie
The central problem with government economic policies is that many bad economic policies are politically advantageous.
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40 sats \ 8 replies \ @Satosora 12 Sep
"Hence, politicians enact policies that many of them know don’t work just to stay in power."
This is what is wrong with the system.
It just a place for the wealthy to grab power.
And if you arent wealthy to begin with, eventually you take enough bribes to become wealthy.
And work hard to keep that power why giving the image that they are helping the people they represent.
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20 sats \ 7 replies \ @Undisciplined OP 12 Sep
It's why the idea of explicit constraints on government power was pretty smart. The problem is that it didn't fix the incentives, so politicians figured out how to gain power and wealth at the public's expense anyway.
The only worthwhile reforms would create incentives for politicians to act in the public benefit, but that's tricky.
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24 sats \ 6 replies \ @Satosora 12 Sep
IF the government held your wealth during the time you were in office, it would help.
They would be able to track some of the suspicious bribes going to the politicians.
It is hard to create an incentive to act in the public benefit.
Maybe we should just rotate or put term limits on?
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20 sats \ 5 replies \ @Undisciplined OP 12 Sep
I don't think you can count on them to police themselves. It has to be in their interest to represent normal people's interests.
I have a bunch of half-baked ideas for this. One of the simple ones is to pay politicians whatever the average household income is of their constituents. That would give them a reason to make things better for normal people and stop enriching the oligarchs in NY and DC.
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34 sats \ 4 replies \ @Satosora 12 Sep
That is an interesting idea.
But how many would want to be politicians if that was the price of their service?
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20 sats \ 3 replies \ @Undisciplined OP 12 Sep
How many of these creeps do you want to be attracted to politics?
The original idea was not to have career politicians, but rather respected members of the community sort of taking turns acting as its representative.
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32 sats \ 2 replies \ @Satosora 12 Sep
Right, but you still need to attract the right people.
If you get someone that is bad, it will be bad for the people they represent.
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20 sats \ 1 reply \ @Undisciplined OP 12 Sep
Maybe this could just be a bonus added onto their current salaries. It would be a trivial expense if it actually did anything.
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39 sats \ 3 replies \ @Bell_curve 11 Sep
Price controls are a disaster, beyond terrible policy
Food shortages will create starvation
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21 sats \ 2 replies \ @Undisciplined OP 11 Sep
Not in America. We're too fat for that.
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22 sats \ 1 reply \ @jgbtc 12 Sep
All the obesity was just preparation for this moment. We've got this!
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21 sats \ 0 replies \ @Undisciplined OP 12 Sep
You can't starve us out, you commie-ass sons-of-bitches!
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27 sats \ 1 reply \ @BTCLNAT 11 Sep
"Democratic presidential candidate Kamala Harris wants to empower the Federal Trade Commission to stop the abusive increase in food prices with what would be equivalent to maximum prices."
I have seen this technique every day where I live. The results are that merchants make products disappear and then it is more expensive to buy what we need.
The daily discourse is "we are afraid to unleash the productive forces to increase production" but then they announce "we have developed more than I don't know how many measures to regulate the productive forces."
Does it have any logic? If you see any logic in these contradictory speeches, other than political manipulation, please help me.
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0 sats \ 0 replies \ @Undisciplined OP 11 Sep
No, there's no logical coherence to it. It's low IQ propaganda to deflect blame from the real culprits, which are generally those trying to hold onto power.
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