Honest question coming from a more well-off resident from suburbia: Do you believe that a $600 check every month for the rest of your lives from the federal government would be good fo you? Do you believe it would be good policy? Would you consider this socialism? Why do you believe that such a policy of a $600 check given to you every month for the rest of your lives would be good/bad policy and be good/bad for you?
I am asking because my studies are indoctrinating me into believing things about people like you that I just find plain offensive. But I don’t yet have the experience to suggest different explanations.
If everyone is given $600 dollars then does anyone really benefit? In other words, if we all start at zero and are given $600 aren’t we all still at zero? No one has gained, correct? The playing field is “equal”, thus no one is richer, thus no one is getting ahead. Moreover, do you now have the incentive to “earn” $600? The more that is “given” the less many will strive to “earn”.
I don’t know how old you are but I’d recommend reading Atlas Shrugged. You could also watch the low budget DVDs from https://www.atlasshruggedmovie.com Either way your quest begins by learning the benefits of capitalism.
Another example is green energy.
The government tries and tries to “force” green energy on the people. Incentives are given, at tax payer expensive, lies are told regarding global warming, etc…; but it really doesn’t play well on the open market, why? Why, because most green energy is not cost efficient. The minute green energy is cheaper than traditional energy, capitalism will go to work.
For example, if I could install solar panels on my roof and be guaranteed a 50% return on my energy bills within 12 months and for the life of my home, I’d buy them. Capitalism solves most problems. Over the past decades, the world was supposed to run out of food, become over populated, freeze, and now burn. Technology and Capitalism has always intervened and solved.
Best of luck!
Edit: Why does a kid, asking about $600 checks get 5 down votes? This is not how we teach and now how the younger generation learns.
This is a good question. Very basically, what a blanket injection of money does is artificially fuel the economy for a short period of time.
If you imagine an island where you have fishermen and farmers in a good economic balance, in normal times you'd see cash and goods exchanged between the two groups in an ongoing and reciprocal fashion.
But then imagine what happens if the fisherman are suddenly forbidden from going out to sea. After a few months, the farmers then have all the fishermen's cash, so the fishermen can no longer buy any grain. And because on this island (our modern society), barter is forbidden, no commerce can take place.
By giving everyone on that island an injection of cash, you do devalue their currency, but it allows the fisherman to buy what they need in the short term. It would be a terrible ongoing policy however.
As far as our situation goes, we're in a bad spot because the left has purposefully tanked our economy. The stimulus checks are a stop-gap measure to get us through this period until the inevitable hangings.
But then imagine what happens if the fisherman are suddenly forbidden from going out to sea. After a few months, the farmers then have all the fishermen's cash, so the fishermen can no longer buy any grain. And because on this island (our modern society), barter is forbidden, no commerce can take place.
By giving everyone on that island an injection of cash, you do devalue their currency, but it allows the fisherman to buy what they need in the short term. It would be a terrible ongoing policy however.
The interesting thing about this analogy though, which also applies to our situation, is that you're giving everyone an injection of cash. The farmers didn't need it, or not as much...they could still grow grain, and make it available for sale.
However, if the fishermen couldn't fish for a product to sell, they had no money to buy grain. Not only does this hurt the fisherman, because he may starve, but it affects the farmer, as he's receiving less revenue, so has less cash for other goods and services.
It gets worse though. The fishermen get an injection of cash, so they can now eat. The farmer can make more sales, as the fishermen have cash. But, as with our society, the farmer also got a cash injection, on top of getting paid by the fishermen. Wealth has been redistributed to the farmer, while the fishermen will soon run out of cash again.
There was a brief recovery in normalcy, but as with us, what the society needs to function normally, is for the fishermen to be able to fish, to sell their fish to everyone, to receive money, which then circulates as they buy goods from the farmer, and anyone else selling goods or services.
TL,DR: Cash infusions don't solve the problem. Ending the lockdowns and restrictions do.
Honest question coming from a more well-off resident from suburbia: Do you believe that a $600 check every month for the rest of your lives from the federal government would be good fo you? Do you believe it would be good policy? Would you consider this socialism? Why do you believe that such a policy of a $600 check given to you every month for the rest of your lives would be good/bad policy and be good/bad for you?
I am asking because my studies are indoctrinating me into believing things about people like you that I just find plain offensive. But I don’t yet have the experience to suggest different explanations.
If everyone is given $600 dollars then does anyone really benefit? In other words, if we all start at zero and are given $600 aren’t we all still at zero? No one has gained, correct? The playing field is “equal”, thus no one is richer, thus no one is getting ahead. Moreover, do you now have the incentive to “earn” $600? The more that is “given” the less many will strive to “earn”.
I don’t know how old you are but I’d recommend reading Atlas Shrugged. You could also watch the low budget DVDs from https://www.atlasshruggedmovie.com Either way your quest begins by learning the benefits of capitalism.
Another example is green energy.
The government tries and tries to “force” green energy on the people. Incentives are given, at tax payer expensive, lies are told regarding global warming, etc…; but it really doesn’t play well on the open market, why? Why, because most green energy is not cost efficient. The minute green energy is cheaper than traditional energy, capitalism will go to work.
For example, if I could install solar panels on my roof and be guaranteed a 50% return on my energy bills within 12 months and for the life of my home, I’d buy them. Capitalism solves most problems. Over the past decades, the world was supposed to run out of food, become over populated, freeze, and now burn. Technology and Capitalism has always intervened and solved.
Best of luck!
Edit: Why does a kid, asking about $600 checks get 5 down votes? This is not how we teach and now how the younger generation learns.
This is a good question. Very basically, what a blanket injection of money does is artificially fuel the economy for a short period of time.
If you imagine an island where you have fishermen and farmers in a good economic balance, in normal times you'd see cash and goods exchanged between the two groups in an ongoing and reciprocal fashion.
But then imagine what happens if the fisherman are suddenly forbidden from going out to sea. After a few months, the farmers then have all the fishermen's cash, so the fishermen can no longer buy any grain. And because on this island (our modern society), barter is forbidden, no commerce can take place.
By giving everyone on that island an injection of cash, you do devalue their currency, but it allows the fisherman to buy what they need in the short term. It would be a terrible ongoing policy however.
As far as our situation goes, we're in a bad spot because the left has purposefully tanked our economy. The stimulus checks are a stop-gap measure to get us through this period until the inevitable hangings.
The interesting thing about this analogy though, which also applies to our situation, is that you're giving everyone an injection of cash. The farmers didn't need it, or not as much...they could still grow grain, and make it available for sale.
However, if the fishermen couldn't fish for a product to sell, they had no money to buy grain. Not only does this hurt the fisherman, because he may starve, but it affects the farmer, as he's receiving less revenue, so has less cash for other goods and services.
It gets worse though. The fishermen get an injection of cash, so they can now eat. The farmer can make more sales, as the fishermen have cash. But, as with our society, the farmer also got a cash injection, on top of getting paid by the fishermen. Wealth has been redistributed to the farmer, while the fishermen will soon run out of cash again.
There was a brief recovery in normalcy, but as with us, what the society needs to function normally, is for the fishermen to be able to fish, to sell their fish to everyone, to receive money, which then circulates as they buy goods from the farmer, and anyone else selling goods or services.
TL,DR: Cash infusions don't solve the problem. Ending the lockdowns and restrictions do.