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Comment interesting (Score 1) 70

Ms. Raimondo and her colleagues are not fans of a universal basic income, an idea that has gained popularity in Silicon Valley as an answer to job disruption.

That is also interesting given the source.

The EIT (earned income tax credit) is more or less UBI. It is probably the most effective program we do have in terms of improving people's economic situation. Okay it is 'means tested' so it is not truly universal but functionally it works similarly in practical application.

Given the other arguments about income insurance etc, I am not sure why we would not look at EIT expansion, including state level implementations, and maybe temporary enhanced credits for classes of displaced workers. We have a thing that works, why not do more of it?

Again I come back the source and my suspicion is there are not enough strings attached, you got a job and stayed in the work force isn't enough, I am sure she wants to make sure you take some sort of Green/Woke/Nonsense job...

Comment Re:Need all the help we can get -- Give me an F (Score 2, Informative) 70

"ailing economy"

1) with near full employment
2) consistent consumer spending
3) stable interest rates
4) slightly elevated but certainly not alarming inflation levels
5) solid market growth year of year
6) easy access to credit

literally the only problem this economy has is consumer sentiment and regardless how people answer the polls its evidently not even enough to make them stop spending. If it wasn't for all the "negative covfefe" people would recognize the economy is doing great.

Comment SCAM (Score 5, Insightful) 70

Its a bunch of ex pols grabbing money so they can have nice job where they don't actually do anything.

They will write up some policy position papers (well they'll have chat GPT do it) and make some websites where companies like MS can put their logos. The companies get pretend they are doing something for PR reasons for a few million, literally less they retaining a handful of salaries would cost them.

It is just 'learn to code all over again'

Grifters gonna grift.

Comment Group of elites puts slush a new fund together! (Score 4, Insightful) 70

There fixed the headline, So far they have only collected 500 million, half of their 1 billion dollar goal slush fund goal. Just elites creating very well paying busy work for themselves and their families that will have zero effect on workers.

Comment Re:Really? (Score 1) 169

Thank you good answer.

We do not want "mob rule" here in the US...and if we didn't use the EC to more proportionally allocate vote weighting....then basically NYC and California for the most part would dictate who was president....and ignore the vast middle of the US.

Here in the US, you are a citizen of your state first and then of the United States....the state is what affects your life the most directly...and each state is diverse in its population climate, land types and laws....so they need to be more represented on a state level by the president...the Congress has a house with proportionate representations as a part of this too.

Comment Re:Really? (Score 1) 169

The US has a single centralised government with a single currency, Europe is not.

You've partially right....we have a single currency, but we do NOT have just a single centralized government.

The Federal govt. is and is supposed to be somewhat weak...and its few enumerated powers are in the US constitution....

The real power that actually governs the people for the most part, resides in the individual states. That's how we have VERY varying laws in many respects.....there are some cases the SCOTUS has had to take over the years, mostly on equal rights, etc....to establish that are constitutionally the same across states, but for the most part, everything that affects a citizens' life daily is governed by the laws of the state they reside in....so, financial laws, tax laws (state and local)...etc can all vary by state.

Most states have sales taxes..some do not. Some do not have income tax and others do...some states require car inspections annually, some to not and even those that do, vary in what they check..most do not check emissions if I recall correctly....

So, the US has. Federal govt that manages the currency....and is a singular face to the world....but internallly it's largely a mishmash of state laws that change as you cross state borders...

Comment Re:The jokes write themselves (Score 1) 46

In 1910, Teddy Roosaveldt said: "It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."

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