undefined | Better HN

0 pointspylua1y ago0 comments

I’m okay with the value of the dollar drastically decreasing. In fact, I think it will naturally do so due to the high debt and labor becoming more expensive in other countries.

I think it would be good for U.S. workers as it will help make them more competitive in a global labor market.

0 comments

heroprotagonist1y ago

ANY call to set a debt ceiling needs to be directly tied to converting all for-profit corporations into public-benefit corporations.

That doesn't restrict corporations from generating profit. It just balances how they use said profits.

"Fixing" the national debt problem by putting a ceiling on it without addressing one of the main contributors to the current state of government spending and quality of life in America is a recipe for disaster.

It's okay to rip the band-aid off, but only if you're ready to deal with what may be a mortal wound.

pyluaOP1y ago

I’m not following. What does setting a debt ceiling have to do with making for profit corporations public benefit ?

What’s the main contributor to the current government spending ?

heroprotagonist1y ago

Look at all of the major government spending and determine who benefits most and where funds are sent. If the recipient of funds is a corporation, also review how their profits are spent and which humans eventually profit from that.

j / k navigate · click thread line to collapse

0 pointspylua1y ago0 comments

I’m okay with the value of the dollar drastically decreasing. In fact, I think it will naturally do so due to the high debt and labor becoming more expensive in other countries.

I think it would be good for U.S. workers as it will help make them more competitive in a global labor market.

0 comments

heroprotagonist1y ago

ANY call to set a debt ceiling needs to be directly tied to converting all for-profit corporations into public-benefit corporations.

That doesn't restrict corporations from generating profit. It just balances how they use said profits.

It's okay to rip the band-aid off, but only if you're ready to deal with what may be a mortal wound.

pyluaOP1y ago

I’m not following. What does setting a debt ceiling have to do with making for profit corporations public benefit ?

What’s the main contributor to the current government spending ?

heroprotagonist1y ago

j / k navigate · click thread line to collapse