• 4 Posts
  • 9 Comments
Joined 2 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.