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Cake day: June 25th, 2023

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  • bitflag@lemmy.worldtoComic Strips@lemmy.worldCentrism
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    1 year ago

    What about the planned economy that learns from the previous one’s mistakes? Or the one after that?

    Based on all the past experiments, they all fail.

    Every person and company has complex needs and desires and ultimately, it’s impossible for a central authority to fully anticipate and manage that over the size of a nation, because the quantity of parameters and unknown is almost infinite. Heck I don’t even know what I’ll want to eat for dinner!

    Without even diving into the issue of concentrating so much power into a single hand. Absolute power corrupts absolutely.



  • Let me give you an overly simplified example. You are in a property market where rental yield is 3% (happens in some cities)

    You could put a million dollar into buying a house and save $30k in rent every year

    or

    You could rent a million dollar house for $30k, and invest your million dollar in the market at 7%, returning $70k per year

    Obviously this gets more complicated with mortgages, taxes, maintenance, interest rates, etc. but the gist of it is that owning your home always comes with an opportunity cost, every dollar of house equity is a dollar that isn’t invested somewhere else. Depending on circumstances, renting might be the most economical choice.


  • What you forget is the cost of opportunity: the money that is stuck in a house is money that would yield income if it was invested somewhere else. Long term stock markets typically return 7%+, while rental return (or the rent you save by buying) can be anywhere from 3 to 7% depending on market, minus maintenance and other holding costs.

    So there’s no fast and hard guarantee that owning or renting is best - you need to run a proper simulation with the right parametres taking everything into account. In markets with low rental returns, renting is typically optimal.






  • Macron is hell-bent on dismantling public service

    This is a complete myth: France public spending has never been this high (yes, even adjusted for inflation). France has never had so many public employees. France’s health care spending has grown (fast) every year. Taxes have not significantly been dropped either.

    Macron’s government has also passed many left-oriented bills: 1 € meals for poor student, free contraceptive and morning after pills, culture check for youth, increased paternity leave, alleviating the SNCF debt, coverage of listening and dental prosthesis, subsidies for increasing housing insulation or repairing clothes, higher taxation on polluting cars, the shutdown of the airport project in Nantes, surrogate mothers, etc. You are telling me none of this could be worked on further with the left?

    People voting for the retirement age to be 60 will never agree with people saying it should be 70.

    For one nobody is saying it should be 70, for two the 60 year age is being quietly dropped by the left. Everyone knows we ain’t going back to the 1981 age, given the demography.

    But the centre and left can recognize there’s an obvious demographic and financial issue. And surely can find a compromise where people with long career and hard labor retire early, and those with office jobs and long studies can probably retire a bit later. In other countries like Germany, alliances ranging from far left to centre right can work on compromises and agree on a single program. It’s perfectly doable to find middle ground.

    but you fail to realize how this confirms how bigoted

    I think you fail to realize that in 1982, perspectives on LGBT issues were FAR FAR different than they are today. Huguette Bello, a communist which was proposed as a prime minister by the left, refused to support gay marriage, and that was in 2013 not 1982. But she is not a bigot and Barnier is?



  • Any compromise with Macron is unfortunately impossible. There is no way a single measure of the NFP would have gotten adopted if they had bent the knee

    Of course there are. There’s plenty of ideological overlap on public services, LGBT rights, the environment.

    And, sure, the far right should never be an ally, but if the idiots are going to follow you, why tell them to fuck off?

    Because when the situation was reversed and the far right voted along with Macron’s party, the left cried about a supposed “alliance with the fascists”.

    voted against the decriminalization of homosexuality

    This is outright misinformation. He voted against lowering the age of consent for gay sex with minors from 18 to 15 yo. And that was more than 40 years ago too. Homosexuality is legal in France since basically the French revolution back in the 18th century.

    You’re so full of shit it’s not even funny.

    Says the guy broadcasting fake news.

    And, sure, the far right should never be an ally, but if the idiots are going to follow you, why tell them to fuck off?