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Comment Re:humanity (Score 1) 42

Sigh with the political screes.

How did you make it past elementary school without learning that there's more than one way to increase revenue.
In the case of taxes, yes- you can increase the final rate of taxation.
You can also raise the amount of money taxed.

That's the problem with political screes. They almost always involve someone who would otherwise be smart, making themselves look stupid. Do better.

Comment Re: I think it would be a good idea.. (Score 1) 43

Because that's only something you can do to a limited extent. Continue doing it, and you'll run out of paper to print that money on before you've got enough for a loaf of bread.
The Fed exists to smooth over panics. Nobody thinks you can print your way to replacing the economic ladder.

Comment Re:Why would I need to get rich (Score 1) 43

In this hypothetical universe you've contrived, if your robots can be maintained by less than millions of workers.... Sure.
The supply line for robots is quite large.
No rich people are capable of being an economic island, yet. They need to get much bigger still.

Comment Re:I think it would be a good idea.. (Score 1) 43

Ya, I should further qualify my assessment with "economic collapse, if you've still got a somewhat free market, democratic, and capitalist society operating it."
L'état, c'est moi, literal slavery, or financial institutions knocking over governments they don't like (domestically I mean, foreign- well that's just Tuesday) changes it.
There's no bottom needed if you've got them at gun point.

Comment Re:You don't see wars fought over solar panels (Score 1) 108

Conservatives want the U.S. to be self-sufficient with petroleum. They want Europe to not have to depend on petroleum from Russia.

40 years ago leftists were having hissy fits about diamonds from the Union of South Africa. Petroleum is far more important and the Islamist and Russian governments far more dangerous.

Comment Re: Capacity !=production (Score 1) 108

Pumped hydro efficiency is in the range of 70% to 80%. That's a lot of waste. The the ability to make pumped hydro depends heavily on local geography. Substantial capacity would require building new reservoirs, and many environmentalists are already unhappy with the reservoirs already in place. They aren't maintenance-free, but I'd guess the effective mean time between refurbishments is not much different than lithium batteries.

Comment Re:I think it would be a good idea.. (Score 4, Insightful) 43

Loss of heads is part of. Economic collapse is another part of it.
You can't get rich anymore if there's no one with any money to spend.
Ultimately, way down there in the dredges, someone with not a lot of money needs to buy something that leads to money getting to you.
You can only hollow out the bottom so much.

Comment Re:"Fairly voice their opinions" (Score 1) 78

History is littered with the corpses of seemingly immortal companies. The East India Company is centuries gone. General Motors went bankrupt and the name now exists on top of a new corporation. The Great Atlantic and Pacific Tea Company is a shadow of its former dominant self, and Sears Roebuck is dying. Standard Oil and Bell (AT&T) were shattered by the U.S. government.

Comment Re:humanity (Score 3, Interesting) 42

Tens of billions of dollars?
The US pulls in almost 5000 billion dollars of tax money per year.

I don't think 10 billion dollars were going to change our "high gas prices" (I'm going to find that particularly funny if you're European) and "high tariffs" (I guess they're higher than the EU blank 20% on Chinese imports?)

I still think you might just be trying to swing your politics around.

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