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The national debt has always been a topic I've been fascinated with. As an economics genius myself, I've always pondered the debt, is it good, is it bad? Is deficit spending a good thing or a bad thing? The conclusion I've come to is always.... no. Deficits can be a great tool in temporary circumstances where the government must spend more than it can receive in tax revenue because it may take too much time to raise the needed taxes (Covid-19 lockdowns for example) but in general a balanced budget is AWAYS better. That's because deficit spending is just another form of tax. If the money is raised through direct private borrowing, it's a tax on your ASSETS and present value of your net worth... because your tax revenue will be higher in the future. If the money is generated through money-printing, the tax is inflation... on your existing bonds and bank account. Taxes are the best way to finance government spending because we can directly control where we're pulling the resources from, the inflation tax is a little more chaotic. in that sense. Also, financing expenditure through borrowing is better than inflation because it's more predictable, and public finance is easier to manage when we're looking at hard numbers, rather than trying to estimate the impact of inflation.
Now... I know what you're thinking, what does this have to do with inceldom? Well, I'll tell you. We live in a democracy, in a democracy, the majority get to pull the strings for the national purse. They get to decide where the deficit financing is going. The majority of people are not incels. Even if 80% of men become open incels, that's only 40% of the population. Toliets and Chads still have us outnumbered, and they will vote for policies that benefit them at the expense of incels. This is especially true when the debt comes do, when we have to pay for it. Who will be footing the bill, toliets? Or us? The answer should be obvious. Prepare for a future of bachelor taxes, sin taxes (for vidya), more prostitution stings that fine you like crazy when you're caught (revenue via fines), and child tax rebates (which means more taxes for the childless).
Clearly, the national debt is an issue that affects incels, and here are some ways to deal with it.
1) Higher progressive income taxes, higher capital gains taxes, and higher inheritance taxes
We need to raise taxes on the wealthy. For too long they have been passing on generational wealth. Building dynasties of ruling over others undeservedly. The mantra we here is that we will discourage hard work. These arguments hold SOME merit in theory but not practice. If everyone is progressively taxed at higher and higher rates, and there is no way to avoid them by changing profession assuming you're earning the same money, the effects of the tax will be mitigated. For example, taxing doctors at 90% will discourage people from going that route, why go down a profession you'll be taxed at 90%... but.... if every other profession that earns a doctor's salary is taxed at 90%.... suddenly the scales have tipped back. Taxes only discourage hard work when there is alternatives for people, taxes don't provide alternatives.... And, even if the taxes did somewhat discourage hard work, even after what I said, we are far below the point where the consequences will outweigh the benefit. The additional revenue we could achieve with higher taxes on the wealthy will greatly outweigh the marginal decreases in productivity from this respective class.
Many billionaires differ taxes by generating wealth through capital gains... as long as you don't sell you don't pay taxes right??? Well, that's true until the company starts paying dividends, then you have to pay tax on the dividends, and once you die you are taxed as if you sold the asset, and may even be forced to sell some of the asset to pay the capital gains taxes. So yes... the rich can defer taxes, but not avoid them, if the tax codes are implemented correctly.
2) Free Trade
Free trade would stimulate the economy far more than any stupid fiscal package. If we opened up our borders economically to the rest of the world, we could greatly enhance our productivity and generate even more tax revenue than what would be foregone by the tariffs. Economics is about productivity, and we can generate more productivity that will yield more taxes by REMOVING a current tax against imported goods, funny how that works.
3) Quantitative Easing
We need to use QE to ease the debt. Quantitative Easing is essentially printing off the debt, which will cause inflation... but as long as QE is only done to maintain the target 2% rate... I think that is a very reasonable policy implementation. In fact, we could even let inflation climb to 5% or 6% for a certain period of time.... just to flip the interest rate on the debt into the negatives. Current bond yields are less than 1%... an inflation rate of 5% or 6%, combined with a balance budget, would quickly diminish our national debt. We could see a true fall in the national debt relative to GDP..... I believe that within a few years of such policy, America could become extremely solvent as a nation... not that we aren't always solvent, we can always issue our own currency, but the ratios can be flipped more eloquently in our favor.
What are your thoughts?
Now... I know what you're thinking, what does this have to do with inceldom? Well, I'll tell you. We live in a democracy, in a democracy, the majority get to pull the strings for the national purse. They get to decide where the deficit financing is going. The majority of people are not incels. Even if 80% of men become open incels, that's only 40% of the population. Toliets and Chads still have us outnumbered, and they will vote for policies that benefit them at the expense of incels. This is especially true when the debt comes do, when we have to pay for it. Who will be footing the bill, toliets? Or us? The answer should be obvious. Prepare for a future of bachelor taxes, sin taxes (for vidya), more prostitution stings that fine you like crazy when you're caught (revenue via fines), and child tax rebates (which means more taxes for the childless).
Clearly, the national debt is an issue that affects incels, and here are some ways to deal with it.
1) Higher progressive income taxes, higher capital gains taxes, and higher inheritance taxes
We need to raise taxes on the wealthy. For too long they have been passing on generational wealth. Building dynasties of ruling over others undeservedly. The mantra we here is that we will discourage hard work. These arguments hold SOME merit in theory but not practice. If everyone is progressively taxed at higher and higher rates, and there is no way to avoid them by changing profession assuming you're earning the same money, the effects of the tax will be mitigated. For example, taxing doctors at 90% will discourage people from going that route, why go down a profession you'll be taxed at 90%... but.... if every other profession that earns a doctor's salary is taxed at 90%.... suddenly the scales have tipped back. Taxes only discourage hard work when there is alternatives for people, taxes don't provide alternatives.... And, even if the taxes did somewhat discourage hard work, even after what I said, we are far below the point where the consequences will outweigh the benefit. The additional revenue we could achieve with higher taxes on the wealthy will greatly outweigh the marginal decreases in productivity from this respective class.
Many billionaires differ taxes by generating wealth through capital gains... as long as you don't sell you don't pay taxes right??? Well, that's true until the company starts paying dividends, then you have to pay tax on the dividends, and once you die you are taxed as if you sold the asset, and may even be forced to sell some of the asset to pay the capital gains taxes. So yes... the rich can defer taxes, but not avoid them, if the tax codes are implemented correctly.
2) Free Trade
Free trade would stimulate the economy far more than any stupid fiscal package. If we opened up our borders economically to the rest of the world, we could greatly enhance our productivity and generate even more tax revenue than what would be foregone by the tariffs. Economics is about productivity, and we can generate more productivity that will yield more taxes by REMOVING a current tax against imported goods, funny how that works.
3) Quantitative Easing
We need to use QE to ease the debt. Quantitative Easing is essentially printing off the debt, which will cause inflation... but as long as QE is only done to maintain the target 2% rate... I think that is a very reasonable policy implementation. In fact, we could even let inflation climb to 5% or 6% for a certain period of time.... just to flip the interest rate on the debt into the negatives. Current bond yields are less than 1%... an inflation rate of 5% or 6%, combined with a balance budget, would quickly diminish our national debt. We could see a true fall in the national debt relative to GDP..... I believe that within a few years of such policy, America could become extremely solvent as a nation... not that we aren't always solvent, we can always issue our own currency, but the ratios can be flipped more eloquently in our favor.
What are your thoughts?
