Progressive Politics

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Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

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Do you agree with this? (lemmy.zip)

submitted 4 days ago by favoredponcho@lemmy.zip to c/progressivepolitics@lemmy.world

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[–] rumba@lemmy.zip 2 points 1 day ago (1 children)

Conceptually, from a crapitalism standpoint, it'll jump-start spending. It'd be 'good' for the economy. Realistically, they'll just raise the price on all big ticket items by 6k.

[–] dogs0n@sh.itjust.works 2 points 22 hours ago

And it's a one time short term "boom" (for billionaires) that they will happily take credit for (as if it helped your average joe schmoe), even though, if you invest it in useful infrastructure (as an example) instead, you'd see the dividends for decades.