@JLeslie “I think attracting business matters, which maybe sounds politically conservative to some people, but I am not saying loopholes that allow corporations to get away with paying no taxes.”
Why do businesses need to be “attracted?” That’s a very new approach to the role of government and business in US history. Generally speaking, businesses go somewhere because they want to make money selling products and/or providing services. It used to be the other way around, where businesses would court local communities to have access to their markets and labor pools. Take a pause and think about what a profound shift in power that is from how things operated historically.
@JLeslie “I think we should be requiring large corporations to hold funds for emergencies. I think the government should be running with a kitty of emergency funds for natural disasters including pandemics.”
I could see something like an SEC rule that a company cannot issue stock buybacks, pay dividends or bonus executives if it doesn’t have x percent of the previous year’s revenue securely held in reserve capital and reimburses the government for the total expenses paid out to any of their anonymized employees (Medicaid, SNAP, WIC, etc.). I can’t see either party supporting a fiscally conservative and commonsense policy like that though. Because let’s be real, this has never been about sound fiscal or even pro-business policy, it’s always been about payouts to donors (from both parties).
As for the US holding such a reserve, I think it’s an excellent goal for the next 100+ years, but in the short-medium term we need to deal with much more immediate concerns like unwinding the damage caused by the Boomers (generational opportunity/wealth gaps, crushing debt, decades of neglecting the infrastructure, avoiding action on the climate crisis, concentration of wealth and power instead of a more competitive corporate landscape).
@JLeslie “I think if we are going to think about college for everyone let’s make sure we can actually pay for it, and most of all let’s make sure we aren’t being gouged for it…
We can’t afford to NOT pay for it. Either we’re going to have a generation of Americans that are so deeply in debt that they cannot ever begin participating meaningfully in the economy through no fault of their own, or we’re going to recognize that tuition free college makes as much sense as tuition free K-12 education. It’s not an expense, it’s an investment. The ROI from the GI Bill was something like a 700% return in the US economy. It turns out that investing in higher education for Americans pays out a lot. Nobody wants tax dollars spent frivolously, but let’s be real, politicians (on both sides) are writing enormous checks for military spending, corporate bailouts and in tax giveaways designed to be pro business. Do we really expect a 700% ROI from those other investments?
@JLeslie ”...do you think AOC will balance the budget if she’s the next president?”
Absolutely not, nor should she. If she were to implement austerity during such a period of generational crisis? It would be a really dumb fiscal strategy. We need to invest in our millennial generation or they’re not going to be able to keep the economy growing enough to pay down the debt left for them by Regan and the boomers, let alone tackle climate too. The future of our country’s middle class is looking bleak. Either we finance the necessary investments to correct these core structural flaws to the economy, or we ignore them and pursue austerity (which is going to end up costing more in the long run). Ask Kodak’s Antonio Pérez if saving money by not investing in the future was a good plan overall?
As for Flordia, I think it’s a trap. The policies you have to push to try to win an aging-out population blended with some pretty looney-toons right wing extremist politics from the younger population is incoherent and fundamentally incompatible with any kind of message that would appeal to people in swing states. Look at the governors that Florida voters have elected over the years: Jeb Bush, Charlie Crist, Rick Scott, and Ron DeSantis. If you craft your policies to please an electorate who elects those assholes, then you’re pretty fucked in nearly every other state.
Anyways, my intention wasn’t so much to delve into each and every policy, but to explore whether people think the neoliberal, moderate-road path is still the best strategy for defeating the Republican party in all branches on the aggregate and preventing more Trumps in the future (something all of us on the left would like to see).
@Caravanfan “I think that if you were to ask 100 random democrats off the street 98 of them would have no idea what neoliberalism means.”
I’m certain you’re correct, but I’m confident that they’ll recognize the policies of neoliberalism (regardless of the political jargon), things like “globalism,” and “access” to healthcare (if you can afford it), bowing to big pharma, austerity, balanced budgets, incrementalism, opposing minimum wage increases, bailouts for reckless companies, bonuses for the executives who crashed the economy and took bailouts, employing lobbyists in the administration, cheering on fracking, parties in the Hamptons, freezers full of ice cream, cozying up to big tech, abandoning support for unions, not encouraging exploited workers to unionize (like Amazon, Wal-mart.) etc.