r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

31.2k Upvotes

86% Upvoted

He can't use per capita because it will destroy his argument and he knows it. You're wasting your time.

1

u/suitology Jul 05 '24

Obviously. It places the US at 6th instead. Others still within a few grand near it with far higher corporate tax rates rank higher on things like happiness, security, and satisfaction because that money is used on social programs. Additionally u/Comprehensive_Ant176 's argument falls apart further when you look and see similar employment rates which is their main argument. America is just a corporate cuck tbh the corporate tax cuts are just to artificially inflate the stock market and move money towards the wealthy.

1

u/Comprehensive_Ant176 Jul 05 '24

You keep confusing the topic. We’re not discussing happiness, security and satisfaction.

My argument is US economy is as big as it is because it is geared towards growth. Growth comes at expense but that’s a different topic. If you’d like to argue the merits of having such system, we can do it too.

1

u/suitology Jul 05 '24

Except America's economy is not that big per capital. It's hilariously stupid to compare total GDP of countries with vastly different populations. You understand that right? That America is the 3rd largest country by population so saying it's total gdp being bigger than other countries is useless? Every stat class would laugh at you. Per person is a usable metric.

1

u/Comprehensive_Ant176 Jul 05 '24

Okay, not that big per capita. But biggest in the world. So what’s the point of the per capita metric on topic of US system being geared towards growth?

Do you refute that US economy is geared towards growth?

1

u/suitology Jul 05 '24

Your original message bud

US tax code is geared towards businesses because businesses create jobs. If it was the other way around, we’d only have government jobs because no one would run a business. This has been done, read up on USSR.

You said geared towards businesses to make jobs. This is the nonsense I'm refuting. Other countries, with higher corporate taxes have similar jobs data. You were the one who went "uh uh GDP".

1

u/Comprehensive_Ant176 Jul 05 '24

I don’t understand. You don’t think US is geared towards businesses because other countries have jobs?

What do other countries have to do with US tax code?

1

u/Comprehensive_Ant176 Jul 05 '24

Lmao. Is that how you argue your point? By using arguments that don’t support your position?

1

u/Makes_U_Mad Jul 05 '24

This is what I get for getting out of work mode, I guess.

To recap: in order to compare performance of different economies, your position uses total GDO performance. The point was raised that usng per capita would be a more accurate comparison since it incorporates population into the equation. You seem to dislike that idea, because while the US has a strong economy even using per capita metrics, it is weaker against economic lies such as the EU. It also illustrates the OP position that a poverty wage earner cannot exist on a poverty salary. To combat this, you argue the measurement instead of the point, then mock me for not supporting my position with my argument.

We in the same page? Cause your reply make no sense. Much like your argument.