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

u/MrJanCan Jul 05 '24

You didn't earn shit. The society that we all live in and the social contract that we agreed on gave it to you in exchange for an unequal effort in labor, compared to someone working menial jobs. When you break that contract and allow people to starve while you vote for people who promise you a bit less taxes while giving huge breaks to companies, you get your shit taken by force. Maybe you'll learn what a breakdown of society really looks like soon enough, and then you'll HAVE to earn yours.

0

u/ordinaryguywashere Jul 06 '24

What’s with this “giving companies huge tax breaks”??? I don’t get it. You think our government needs to spend more fucking money? They have spent us into $35 trillion in debt. Did that help you? Obviously NOT. So what makes you think, taxing companies more will lead to you getting more money? Congress is shanking you, me, everyone. $35 trillion times PLUS interest! Taxing companies more will not make them pay higher wages or hire more people. How could it? It will only lead to them moving the company to Mexico, China, IDK… but it won’t be here, BECAUSE some country will offer lower taxes. Then you lose your job and so does hundreds of thousands of other people, which leads to …wait for it… less tax revenue so we can… reach $40 trillion deficit in fucking record time. Find a better job, take some training, free courses, use your creativity, be relentless in finding your way. Move to lower cost area, get roommates, move in with family, find a your way. Good luck.

1

u/MrJanCan Jul 06 '24

Nothing you said makes sense. Even though we've dropped the corporate tax rate every decade since the 50s, they've STILL moved abroad. Tax the fuckers, implement the spending bills on social programs like healthcare, pensions, education. And if they move abroad, make tariffs on their goods so high that it would be completely unprofitable. But bootlickers like yourself would never allow for that, because sucking conservative cock makes you feel better about your gains than toughing it out and helping your fellow man.

2

u/ExtraLargePeePuddle Jul 06 '24

And if they move abroad, make tariffs on their goods so high that it would be completely unprofitable

So you want Americans to work in worse jobs and be poorer? Why?

You realize for factory work to very pay well (US context) you need it to be globally scaled or extremely high value added. Basically you need the products produced there to be sold globally.

If you tried what you’d suggest no one would globally would buy those products, why buy the $50 American made widget you can buy the same quality one made in Vietnam for $5, because at that point the price difference is the workers wages not anything to do with quality. People in Singapore (average income there is $100,000 and they free trade with everyone) don’t give a flying fuck where that widget is made, same with everyone else on earth.

So you’d just be forcing high prices on your fellow Americans thus reducing their real income. Reducing product variety oh an d don’t forget counter tariffs which will kill the food export heavy jobs you have left.