this post was submitted on 16 Jul 2024
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Or sometimes it’s the other way around. I have friends who are fiscally conservative and socially liberal Republicans. They just ignore the racism and bigotry in favor of better financial options for their business. It’s loathsome.
The Republican party isn't fiscally conservative, so that's a stupid-ass position to vote on.
They absolutely leave plenty of tax loopholes for larger enterprise and want to keep capital gains tax as low as possible. That’s all they seem to care about when I ask why they vote the way they do.
That's not fiscal responsibility. Cutting the federal income without cutting federal expenses is irresponsible bullshit that wins them popularity contests with the greedy, but it leaves huge messes to be cleaned up later. That's why we're $35 trillion dollars in debt. Fiscal responsibility is balancing the freaking budget. This is very basic stuff, and yet it's completely lost on millions of people.
They’ve said they’re fiscally conservative, meaning they support low taxation and limited redistribution through social programs. They’re referring to their own income, not the federal budget. It’s a selfish economic mindset in my opinion.
And it's not good for them, either. It's horribly short-sighted. When the middle class and poor have money, it's so much easier to make money. When all the money coalesces into very few hands, it gets harder to make money and everything grinds to a halt.
You can see this in things like free to play games. Chasing low amounts of money from a large amount of people isn't as good as chasing whales. The poors who don't spend money are there to entertain the whales. This model works because our economy is broken.
Democrats are better for the economy. Democrats are better fiscal conservatives. Democrats are better for the rich (measured in decades).
That’s absolutely correct, however in my experience it seems most people ignore or forgot what they learned in high school economics. Our society has such a poor memory that half the nation seems to have forgotten how bad Trump’s last presidency was.