r/PeterExplainsTheJoke 9h ago

Meme needing explanation Petah?

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u/Own_Policy8854 7h ago

Well, redistribution and stimulus are quite different, aren't they?

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u/Sweet-Ant-3471 7h ago

They're not. You're logic is "people will get money and spend it"

But we've been through this before. People spend money on paying down debts, the rest forms a one time impulse that doesn't change structural spending or wealth creation.

You create a false signal business chase, then have to reorganize going back to where real signals are coming from.

Hence, mini recession.

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u/Own_Policy8854 7h ago

Are you describing the United States' recent attempts to buy votes with stimulus checks instead of addressing the economic disparities in its society, such as the existence of citizens, united and the weakness of Dodd-Frank, as somehow being socialism?

Why are you doing that?

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u/Sweet-Ant-3471 7h ago edited 6h ago

Citizens united was rightly decided, look up the ACLU on it:

https://www.aclu.org/documents/aclu-and-citizens-united

It made races more competitive. It has served to threaten incumbants, giving more power to challengers.

"addressing the economic disparities"

That's not what "Wealth creation" means here.

It means creating actual value. Stimulus checks do less than they waste. You don't create value by shuffling money around. You do create a crowd out effect and misleading signals.