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Cake day: July 4th, 2023

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  • TheWorstMailman@lemm.eetomemes@lemmy.worldTake your FICO and shove it!
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    8 months ago

    This is Modern Monetary Theory (MMT). I recommend “The Deficit Myth” by Stephanie Kelton

    It helped me to realize that a federal government that’s in control of their own money doesn’t use or even have money, and basic terms that we take for granted mean something different in that context. A federal government creates money through spending and destroys money through taxes. It is necessary for a federal government to spend money in order for money to exist in the economy. So a national debt just means that the federal government is creating more money that is destroying


  • TheWorstMailman@lemm.eetomemes@lemmy.worldAccio gasolina
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    10 months ago

    Fair. But isn’t complaining about gas prices America’s largest export?

    Just checked some other countries and it seems like Canada is the only one that breaks this general pattern, though it’s obviously not rigorous research

    Edit: Also, I don’t really care. I was just venting some frustration to The Internet


  • TheWorstMailman@lemm.eetomemes@lemmy.worldAccio gasolina
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    10 months ago

    This is some boomer nonsense. I can’t find 2 sources that seem to agree on specific numbers, but several sources, and my personal experience, agree that gas prices peaked in 2008 after the one two punch of Katrina and the housing market collapse

    I started driving in 2006 and bought my first car in 2008 and I can confidently say that I’m paying less for gas now than I was when I started driving and I’m not even talking about adjusting for inflation. Are prices too high? Yeah, probably. But this “then vs now” shit just ain’t true








  • Okay. So I’m not missing something. I guess I heard him say that it “would be a personal failure for him as an employer” as him taking personal responsibility for his employees’ treatment. A charitable interpretation, but just a difference of opinion.

    I can see how people can interpret what he says as soft anti-union, it’s just weird to see you and others say things like this as if he’s sober sort of Robber Baron.

    Edit: I’m not going to double down. This was a blind spot for me, maybe because my union is already established and fairly strong, but I’ll hold this L and learn from it



  • Am I missing something? When had he expressed his hatred for unions? As a union man, if he had said something like that it would’ve pricked my ears. As far as I know, he’s said that he doesn’t want his employees to feel like they need a union, but wouldn’t stand in their way if they wanted one, which is about as good as it gets for a North American business owner.

    If this stuff is true then they should unionize immediately. Solidarity Forever

    Edit: I’m not going to double down. This was a blind spot for me, maybe because my union is already established and fairly strong, but I’ll hold this L and learn from it


  • Linus “spoke out” against unionizing by saying that he couldn’t legally do anything to stand in the way of his employees unionizing and wouldn’t want to stand in their way if they ever decided to. But he wants to make a workplace where people don’t feel the need to and if they did then he would see it as a personal failure.

    There’s plenty to criticize Linus for right now, but I don’t think that his “anti-union” stance is one of them

    Edit: in the context of these allegations, then yes, his employees certainly should unionize if the actual criminal crimes in this thread are even partially true. And if that happens then I will be singing Solidarity Forever for the LMG employees, but until that happens and we see how Linus responds to that this is just not a good read on Linus’ stance towards unions.

    Edit2: it feels weird to have posted what could be seen as a defense of Linus under this particular post. I’m not a Linus Stan, Just a union advocate that wants criticism to be levied where it’s actually called for and this doesn’t seem like it is