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pktgen | 8 years ago

Regarding the federal budget and debt, I suggest you read into modern monetary theory (MMT).

> How do I know this? Because it's the only logical thing. Corporations like stability because it makes their profits predictable and lets them control the mood in the room (innovation, regulation, etc). Low taxes for the rich mean chaos - an extremely large, underpaid, underfed, underrepresented bottom class will not be good for the rich in the long run. High taxes for the rich mean a well-sustained middle class, with money to spend on products made by the corporations. It is also a safer place, with less homelessness, less violence, less hatred.

Agreed. The US has enough economic leverage to ignore the silly threats of "we're going to move our business out of the US if you do [something]" or "the rich will move away if you do [something]." Fine, go ahead and stop operating in one of the largest developed markets in the world. Sounds like a very wise business move (not).

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