[-] sirboozebum@lemmy.world 3 points 7 hours ago

This really applies to all industries.

Boeing used to put time, effort and care into building good planes. They stopped doing that, things went to shit and people died.

Airbus didn't go down the Boeing route and are doing a lot better.

[-] sirboozebum@lemmy.world 1 points 8 hours ago

Sail the high seas.

[-] sirboozebum@lemmy.world 15 points 19 hours ago

I really miss the early internet.

[-] sirboozebum@lemmy.world 1 points 21 hours ago

Similar age here.

Not into social media and Reddit now sucks.

[-] sirboozebum@lemmy.world 2 points 21 hours ago

Gaming "journalism" was always mostly crap.

Even in 1990s and 00s.

[-] sirboozebum@lemmy.world 12 points 1 day ago

Sherman did nothing wrong.

[-] sirboozebum@lemmy.world 10 points 1 day ago

Ok, I'll bite.

Why are weddings stupid?

[-] sirboozebum@lemmy.world 1 points 2 days ago

This was the UK electorate with Boris Johnson.

It takes an absolute economic shitshow for people to stop wanting "change" and wanting simple good governance.

[-] sirboozebum@lemmy.world 1 points 2 days ago

I know.

I asked if there were sources on his improvement of social services?

I know the Nazis did cut back on Weimar Republic era house building subsidies.

The common claim is they improved the economy, which I addressed above.

[-] sirboozebum@lemmy.world 2 points 2 days ago

I'm not sure how true that is in terms of housing, healthcare, etc. Do you have any sources?

He did claim to have ended the Great Depression in Germany. While people have pointed to projects like the Autobahn, these projects only had a modest effect on unemployment.

What really brought down unemployment was massive deficit spending on expanding the army / rearmament and combined with conscription.

In addition, women, Jews, etc. were forced out of the workforce.

The problem was this was unsustainable. Nazi Germany began WW2 with a debt to GDP ratio greater than what the USA ended the war with.

It narrowly avoided a balance of payments crisis in 1934.

If it hadn't invaded much of Europe and looted it's wealth, the economy would have collapsed.

Source: Wages of Destruction: The making and breaking of the Nazi Economy by Adam Tooze.

[-] sirboozebum@lemmy.world 7 points 2 days ago* (last edited 2 days ago)

There may not be any need for that.

The United States, China, etc. all have trade policies that are fundamentally unsustainable and result in persistent trade imbalances.

This causes all sorts of poor economic outcomes for large sectors of those countries. For example, an anaemic household sector in China and over investments in housing, huge private and public sector deficits in the United States, etc.

In the free market world of Adam Smith and comparative advantage, persistent trade imbalances should not exist.

Over the medium to long term, imports are meant to pay for exports.

If there are persistent trade imbalances, it means there is persistent under consumption (China) or over consumption (United States).

Note: This is not just limited to these countries.

At some point, there is going to be an economic crisis because it can't continue forever.

[-] sirboozebum@lemmy.world 2 points 3 days ago

Now, there's one thing you might have noticed I don't complain about: politicians. Everybody complains about politicians. Everybody says they suck. Well, where do people think these politicians come from? They don't fall out of the sky. They don't pass through a membrane from another reality. They come from American parents and American families, American homes, American schools, American churches, American businesses and American universities, and they are elected by American citizens. This is the best we can do folks. This is what we have to offer. It's what our system produces: Garbage in, garbage out. If you have selfish, ignorant citizens, you're going to get selfish, ignorant leaders. Term limits ain't going to do any good; you're just going to end up with a brand new bunch of selfish, ignorant Americans. So, maybe, maybe, maybe, it's not the politicians who suck. Maybe something else sucks around here... like, the public. Yeah, the public sucks. There's a nice campaign slogan for somebody: 'The Public Sucks. F*ck Hope.

  • George Carlin
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An indie song shouldn't slay as much as this song.

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sirboozebum

joined 1 year ago