The communist doesnโt think to increase the quality of the grid. The communist demands that you decrease the quality of your life.
They make you ration the things that every other American gets to enjoy. Every single time.
I would like to see you make a voluntary contribution of 5% of your familyโs $200M net worth to the government for important healthcare, childcare, and jobs. Donโt worry, itโs just one-time. Your $10M contribution will provide free childcare for over 1,000 California kids for a year! Once youโve made your personal contribution to a more just and equitable society, Iโll support all your other asset seizure ideas. But you gotta go firstโฆ
@AOC The idea that all billionaires got their money by exploiting peopl doesn't hold up to any scrutiny.
JK Rowling wrote books about cheeky wizards. I invented a better way to make virtual reality headsets and games to play on them. We just made things people wanted.
Milton Friedman: โMost economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.โ
This is the real power play by Trump and Rubio.
They are cutting off Chinaโs cheap oil supply.
1) Venezuela 800,000 bpd that was going to China, now goes to Texas refineries.
2) Iran 1.2 million bpd was going to China at a big discount. That is finished.
Iโm honestly just so bored of accounts that are supposed to be politically savvy and interesting ending up just being slop.
It is not an invalid policy proposal to increase taxes on wealthy people, people can agree or disagree on that policy. But to suggest that the rich are just not being taxed?
Itโs just so boring.
Eileen Gu, of course, can say whatever she wants about America while representing China. But she cannot say whatever she wants about China while representing China. That's distinction #1 on the difference between our country and hers. At least, it should be.
Hereโs what I think will happen in NYC under Mahdami.
The free buses and government grocery stores wonโt happen, they never do. They sound good during campaigns, but collapse under basic math. You canโt run a city on ideas that cost billions and produce no revenue.
The only way to make housing affordable is to build more housing. The free market lowers prices, not regulation. Every time politicians try to control rent or force affordability by decree, developers stop building and landlords stop maintaining. Supply dries up, the quality collapses, and the few properties that remain skyrocket in price.
Once landlords canโt make a profit, they sell, lose properties, or walk away. Eventually, the government takes over.
Taxes will rise to pay for the promises, and the middle class will be the ones shouldering the burden. The rich will relocate, the poor will depend on subsidies, and the productive class will be squeezed from both sides.
Thriving businesses are the foundation of any thriving city. When they leave, everything else follows, jobs, schools, grocery stores, stability. Chicago already proved this. Boeing, McDonaldโs, Caterpillar, Citadel, nearly 70k jobs, all gone. Now theyโre facing billion-dollar deficits, half empty schools and neighborhoods without grocery stores.
I saw someone who lived in a rent-controlled apartment in California put it perfectly, he said his landlord could no longer afford maintenance so the pool was filled with dirt, the floors had soft spots, and the foundation ended up cracking. Thatโs what overregulation does, it destroys quality.
People who voted for this will eventually feel the pain but they wonโt blame the policies or the politicians, theyโll blame the rich for leaving.
This conversation is always difficult because most people simply donโt understand market dynamics or incentives. In a free society, people act in their own self-interest. If you remove profit and reward dependency, productivity dies and the city with it.
If you think things are expensive now, just wait until theyโre โfree.โ