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Joined 3 years ago
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Cake day: June 22nd, 2023

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  • The next 4 years in the US are going to bring instability to the forefront.

    US debt to GDP ratio is already an insane 120% . At some point along this path of ever increasing debt, people are going to see that USD is no longer safe and choose other currencies, or possibly crypto. Bank runs tend to happen all of a sudden when no one expects it. The same situation could theoretically happen in the US.

    The reserve dominance shouldn’t be relied upon when we could simply raise a small amount of revenue with taxes on the wealthy to balance the books.


  • Tariffs are a necessary tool, and can be positive in the long run to create revenue and lower trade deficits. They are a regressive tax, but there is some positive to making some imported goods more expensive in the US. It does discourage companies from importing everything. In moderation targeted tariffs can be good.

    The debt is projected to be $50 trillion by 2034, so revenue does need to be increased somehow. Otherwise on the current track the US will be unable to service it’s debt.

    Ideally they should just tax billionaires, but politically this is a lot easier for them.

    The problem with tariffs is moreso on what they’re going to do with the revenue. The surplus will almost assuredly be used to give tax cuts to the rich, and the debt will likely be $50 trillion by 2028, not 2034.


  • There are some punctuation errors in your title. It should read:

    Plex is “overhauling” its apps with a redesign and under-the-hood “upgrades”

    Those who use Plex to access personal media will find that their libraries are in a dedicated [hidden] tab, while the Watchlist will take up prime real estate in the top navigation section. Plex says it also streamlined the user menu for quick access to things like your profile, friends and watch history.

    So they’re hiding the entire point of Plex deep in the menu and promoting things that make them money. Enshittification.









  • You’re likely eligible for your states Medicare subsidies. Democrats fixed the family glitch in 2022, so you’ll likely save thousands switching off your employer plan, even if you’re making low six figures.

    Of course those subsidies expire in 2025, and there is a snowballs chance in hell of those getting renewed now.

    Democrats did a lot of things to improve the lives of working class, at least as much as they could get pass the Republican house.

    Their problem is messaging. They are terrible at communicating what they’re doing, and how it’s going to help. I mean part of that problem is the media (ie fox news) is allowed to lie and Dems try to tell the truth. The playing field is not really level.








  • Yes! Donald Trump is the mathematic equivalent of the absolute symbol. example: |-99| + |-594| = 693

    A negative story is coverage, makes the left talk about him which riles up the right to fight back and vote because they feel oppressed. The right doesn’t live in reality, so as long as they know Trump is being talked about that makes him their guy.

    I realized this very quickly in 2017 that people were falling for the trap. I have no idea why anyone upvotes anything with Trump in it.



  • Thursday’s deal came after Biden administration officials met with foreign-owned shipping companies before dawn on Zoom, according to a person briefed on the day’s events who asked not to be identified because the talks were private. The White House wanted to increase pressure to settle, emphasizing the responsibility to reopen the ports to help with recovery from Hurricane Helene, the person said.

    Acting Labor Secretary Julie Su told them she could get the union to the bargaining table to extend the contract if the carriers made a higher wage offer. Chief of Staff Jeff Zients told the carriers they had to make an offer by the end of the day so a manmade strike wouldn’t worsen a natural disaster, the person said.

    By midday the Maritime Alliance members agreed to a large increase, bringing about the agreement.





  • laverabe@lemmy.worldtopolitics @lemmy.worldAmerica's youngest voters turn right
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    1 year ago

    This is not that unexpected. There hasn’t been much excitement in the democratic party since 2016 when Sanders movement was stampled. Young voters are still progressive, but there has been no good ringbearer.

    Reality check: The youngest age group still appears to favor liberal positions on some issues as much as those ages 25 to 29, Anil Cacodcar, the student chair of the Harvard Youth Poll, noted.

    In a poll earlier this year, the younger group was just as likely to say basic health insurance is a human right and government should spend more to reduce poverty.