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NBA Legend
Coronavirus shaping the political landscape
These free handouts are unprecedented and will determine if a socialist economy can thrive
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NBA lottery pick
Re: Coronavirus shaping the political landscape
Originally Posted by AirBonner
These free handouts are unprecedented and will determine if a socialist economy can thrive
This is not the way guys like Sanders imagine a social democracy. I live in a social democratic country and this is unprecedented.
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NBA Legend and Hall of Famer
Re: Coronavirus shaping the political landscape
Originally Posted by AirBonner
These free handouts are unprecedented and will determine if a socialist economy can thrive
How would a one time bail out in extraordinary circumstances determine if a long term socialist economy can thrive? Is this some piss poor troll attempt or something?
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Re: Coronavirus shaping the political landscape
According to the current severe coronavirus spreading situation, you need at least a box of n95 for you and your family. now I have some factory resources to get the n95 masks....contact me.
Hopefully the Lakers are okay
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NBA rookie of the year
Re: Coronavirus shaping the political landscape
Originally Posted by warriorfan
How would a one time bail out in extraordinary circumstances determine if a long term socialist economy can thrive? Is this some piss poor troll attempt or something?
people don't think before they speak.
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The One
Re: Coronavirus shaping the political landscape
Originally Posted by Overdrive
This is not the way guys like Sanders imagine a social democracy. I live in a social democratic country and this is unprecedented.
because sanders is a socialist, not a social democrat
anyways bailouts aren't socialist. They aren't free money
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NBA Legend and Hall of Famer
Re: Coronavirus shaping the political landscape
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NBA Legend
Re: Coronavirus shaping the political landscape
Originally Posted by Jasper
what about the DOW ??
What does the Dow or stock exchange mean to you?
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It is what it is
Re: Coronavirus shaping the political landscape
Originally Posted by CelticBaller
because sanders is a socialist, not a social democrat
anyways bailouts aren't socialist. They aren't free money
Socialist countries don't give out "free money" either. Nothing is ever free.
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The One
Re: Coronavirus shaping the political landscape
Originally Posted by TheMan
Socialist countries don't give out "free money" either. Nothing is ever free.
Yes they do lol
It’s literally called planned economy. They allocate resources(money) to companies and expect them to perform, not pay them back
Last edited by CelticBaller; 03-24-2020 at 02:26 PM.
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It is what it is
Re: Coronavirus shaping the political landscape
Originally Posted by CelticBaller
Yes they do lol
It’s literally called planned economy. They allocate resources(money) to companies and expect them to perform, not pay them back
Exactly, they are paying them to produce...that's not free money. Free money would be handing out money and expecting nothing in return.
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The One
Re: Coronavirus shaping the political landscape
Originally Posted by TheMan
Exactly, they are paying them to produce...that's not free money. Free money would be handing out money and expecting nothing in return.
It is free money because that's money taken from another industry, losing profits on that sector to boost the other.
The U.S Gov makes money on bailouts. Planned economies don't by shifting resources
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It is what it is
Re: Coronavirus shaping the political landscape
Originally Posted by CelticBaller
It is free money because that's money taken from another industry, losing profits on that sector to boost the other.
The U.S Gov makes money on bailouts. Planned economies don't by shifting resources
So why the hell were the GOP so up in arms when Obama bailed out all those businesses after the 08 crash? They were just loans, right? And they were all paid back IIRC.
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pronouns - he/haw
Re: Coronavirus shaping the political landscape
The Obama bailouts had a rate of return of 0.6% over a time period where the stock market grew by more than 100%.
If anyone wants to loan me money at 0.6% ill gladly take it.
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