In 08 they should have let the banks fail. People claim it would devastate the economy. Bs. A rich person would have picked up the scraps for cheap and kept things going. They didn’t need our tax money and no punishment.
Oil subsidies are why we have cheap gas. I’m fine getting rid to them. Just realize your gas will cost more.
Which is why oil should be nationalized. Same with the banks. If the people have to share in the cost of failure they should get the profit for successes.
I understand that nationalizing oil companies in the US is not going to be a palatable solution for a lot of people. I’m not entirely sure it’s the right solution, but I know for sure it’s not a politically feasible one.
We’ve had decades upon decades of subsidizing the rich. It’s always easy for the government to figure out how to do that, so we know they know how to give subsidies. Why don’t we try subsidizing the people who need the subsidies for their basic needs? In the context of fuel, it would be relatively simple to create a federal tax credit for fuel usage (which would arguably include a version for electric vehicles and their charging).
In 08 they should have let the banks fail. People claim it would devastate the economy. Bs. A rich person would have picked up the scraps for cheap and kept things going. They didn’t need our tax money and no punishment.
Oil subsidies are why we have cheap gas. I’m fine getting rid to them. Just realize your gas will cost more.
Banks, yeah I agree with that. Oil is more complicated. When oil prices go up, the price of everything goes up, sometimes dramatically.
I’m not saying oil subsidies are a good thing, just that a lot more care needs to be taken with eliminating them.
Which is why oil should be nationalized. Same with the banks. If the people have to share in the cost of failure they should get the profit for successes.
I understand that nationalizing oil companies in the US is not going to be a palatable solution for a lot of people. I’m not entirely sure it’s the right solution, but I know for sure it’s not a politically feasible one.
We’ve had decades upon decades of subsidizing the rich. It’s always easy for the government to figure out how to do that, so we know they know how to give subsidies. Why don’t we try subsidizing the people who need the subsidies for their basic needs? In the context of fuel, it would be relatively simple to create a federal tax credit for fuel usage (which would arguably include a version for electric vehicles and their charging).
I don’t think I fucking care.
🙃