Wealth Inequality in Trump's America - Destiny Debates

Date streamed: 4th of November, 2018.
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►OUTRO: / cc6-mastered-3-conflict

[@goldfart420]

Sound quality got destroyed in this debate.

[@teheleri1466]

battle of the bad mics right here ma boiss

[@doctacos1]

Teheleri bad mic booooiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiss

[@nelumbonucifera7537]

Battle of the dropped packets

[@Hyperyon94]

who wants to see Destiny vs Crowder ? :D

[@Tenscion]

Lmao crowder is a pussy who will only debate college kids or randoms on the side walk . He would never debate destiny he even didn't accept Sam seder debate challenge.

[@paulaagam5071]

@@Tenscion and he still got destroyed lmao by a college kid

[@Carbocats]

He also backed out of a debate with potholer54 about climate change. He's such a coward.

[@beeyaybaracas3240]

Crowder has no independent thought

[@jakubmike5657]

Crowder is dishonest coward...change my mind.

[@rpsgrayfox]

Recap: "Here's my position based on this specific source that proves my point." "-Can I read the source?" "Sure, here you go." "-Your source disagrees with what you're saying" "Ok, lets move on to another point."

[@rocketrelm1125]

Pro-Tip: This recap works for about 30%-50% of all destiny's debates with redcaps.

[@bonko86]

Destinys wealth got redistributed in this debate

[@101yak]

his opponent was the weakest in years... He didn't even know how social security works..

[@SimenLippe]

Dude: "Our schools are doing poorly by the OECD average" Also Dude: "Let's move away from everything the people above us on the rankings are doing."

[@MrLolMachine11]

@PREPOSTEROUS I cannot tell if you're trolling or not.

[@omunday1995]

@PREPOSTEROUS what is flat out rape? Is this 2D or 3D?

[@Kevin-gb7lk]

@PREPOSTEROUS What policies and how exactly is it being "decimated"? Citations and statistics please

[@spritelady4669]

PREPOSTEROUS But the guy asked you for citations and sources? Like where are you getting your information from?

[@parker469a]

@@spritelady4669 Sargon of Akkad, that guy who can't or won't read an entire article accurately. Most likely at least.

[@cjstats1514]

Wages have not kept up with inflation. Just because you pay went up. Doesn't mean crap if prices go up faster.

[@parker469a]

The inflation thing is kinda true but only when measured against very specific things. Housing, food, child/retirement care, and college keep going up well above inflation so you end up with less money in the long run anyway.

[@brandonc5376]

cj stats parts haven't even really been raised much either. the last time the federal minimum wage was raised was in the late 80's or early 90's and it was set to 8. it's been a while since I read on this so give or take a dollar or two and 5 years forward or backward. it hasn't been increased since. I have a cousin working back breaking construction work in the heat and only making 11 to 12 bucks an hour which is impossible to live off of unless your single and in a trailer park. hell even trailers getting to expensive for people being paid these wages (ok cause a huge project if my family were hood or trailer park raised and stayed there) and now even trailers are starting to cost 700 to 800 a month. I have tons of family who have work but are also on food stamps thanks to absolute shit wages for jobs they should at the least be paid 14 dollars for, and even that is pretty low. I thankfully worked my ass off throughout school and have a decent paying job because of it, but I feel terrible for how the majority of my family is barely surviving till they die.

[@cjstats1514]

@@brandonc5376 I agrees. But it was early 2000s when it last went up. I remember working 90s and early 2000s minimum wage jobs. It's at 7.25 now. Which is terrible. Hasn't kept up with inflation or productivity.

[@cjstats1514]

@@parker469a lol, the most important thing. You left out cable bills, cell phone bills, gas and electric, rent etc. Not to mention there are more necessary bills than before, like cell phone bills we didn't have in the past.

[@matrixman8582]

Thanks to our fiat currency

[@BubblegumCrash332]

People like Trump because of the way he talks to the media to other politicians. They like what he says he going to do to the country. That’s it , it’s all feels over reals.

[@lagaer6554]

Its kinda the other way around mate.

[@Lindyn773]

@@lagaer6554 I too agree that global warming isn't real

[@Art0fKuma]

Social Security is the reason why a lot of seniors and disabled persons aren't out on their ass.

[@Baker.Matthew]

Trump wants to bring back ice-berging?

[@qb4428]

America existed before social security, and seniors weren't littering the streets.

[@ArmoredSoul1]

@@qb4428 I am a bit autistic and I can't really tell if this is a joke. Though if it's not.. That's because life expectancy was way lower pre-social security where people weren't living to be 100.

[@qb4428]

@@ArmoredSoul1 Virtually no one lives to be 100 now, either. It turns out that the elderly either saved up for retirement or they, heaven forbid, lived with family members. What a crazy concept.

[@ArmoredSoul1]

@@qb4428 Sorry, let me be clear because I guess exaggeration isn't really helping anyone. Prior to social security the average life expectancy was to the age of 61, and out of 37 workers there would be one retiree because typically they would either force themselves to work till their death or would end up retiring without any sort of benefit program to help them, and they'd place the burden on their family. Currently, the average life expectancy is at an average of 75, and people are now retiring younger. People don't work until they are stuck with the rest of their life being in pain, agony, or simply being unable to function. Nowadays more people actually live to see retirement and are able to actually retire and enjoy their twilight years. They also don't place an immediate burden on a working family. Right now Social Security is fucked, but things would be more fucked without it for the people that rely on it. In this hypothetical example - oh look, it's my real life situation - I ended up with a debilitating disease, bone degeneration brought on by hyperparathyroidism. Now I can choose to because I had a tumor growing in my neck, put my entire family in a fucked situation forcing them to take care of me. Or I can use the small bit of money I gained before I ended up crippled to actually sustain my life. I'm lucky enough that I have a family I could've fallen back on, but what about the people without family? Seems like a lot of seniors could end up living on the streets because they are unable to work, or are forced to work themselves to death like was common in 1935. You're right fine enough that the life expectancy isn't 100, and is instead of an average of 75, but I'll be damned if you're gonna deny that without social security that we'd see as many people living to 100 as we currently do.

[@Alex-cw3rz]

I don't know if democracy is best. So YoU wAnT a DiCtAtOrShIp!

[@Alex-cw3rz]

Wait, wait, did this guy just state keynesian economic is not used or useful in a boom. This guy is not equipped to talk about economics. If GDP is what you want to improve by tax cuts you give it to the poorest people because they will spend the money straight away where as rich people save most of that money as they don't need to spend the money, very simple concepts.

[@silverstorm1000]

His economics takes weren't great but I still think he's smarter than 99% of the republicans who debate Destiny.

[@TheApple411]

actually that’s not true at all, investments are what really grow an economy, not consumption. Consumption is a huge factor in GDP, but that requires production of goods and services before they can be consumed which requires investments. So allowing “tax cuts for the rich” isn’t a bad thing

[@SuperNova0079]

@@silverstorm1000 Not saying much to be honest, anyone who does support Donald Trump arent very intelligent, if not they they are deeply misguided and ignorance. Which isnt much to be proud of either.

[@theoriginalrandomman]

@@TheApple411 firms invest in expansion as a response to increased demand. They're not going to spend the money if it's not justified by some kind of untapped market, so instead the money gets used to buy back stock for the sake of maintaining stock prices and rewarding shareholders. Meanwhile, the government has less funds available to run services. While there is a hypothetical scenario where the demand exists but taxes are so high that there isn't enough money to invest, there is 0 reason to think that's an accurate picture of our economy. In any scenario except that one, the costs massively outweigh the benefits, so yes, tax cuts for the rich are a "bad thing".

[@Alex-cw3rz]

@@TheApple411 Random Man said it all there's no point investing if there's no demand.

[@PokeChampionHQ]

Hold up, is this guy even an American??

[@tomgjgj]

Nah, sounds Australian. Lecturing an american from the safety of his rich little welfare state.

[@tomgjgj]

@JMFS Yeah? Well I'm a citizen of TWO separate welfare states, both with better inequality rates than the US. And we don't generally get shot while out having fun with our friends, either. Right now, you'd have to pay me to live in the US.

[@tradfave9474]

@@tomgjgj Im australian, and while there are definitely parts of his accent that sound aussie, there are also elements of some other accent with a more formal sound, but not UK. Maybe 50% australian or New Zealander for sure, but the other half is from somewhere in europe, or perhaps South Africa.

[@tomgjgj]

@@tradfave9474 Yeah, he does sound Kiwi. Pretty sure he's not south african. I've got some mates from there and they have very distinctive vowel sounds, even the posh ones. Sounds a bit like a kiwi trying to sound posher than he is, but I could easily be wrong.

[@tradfave9474]

@@tomgjgj Yea i think he has grown up with two different influences to get a sound like that. Probably NZ and some european nation. Its very uncommon for sure.

[@tomgjgj]

God, the lefties here must be tearing their hair out listening to this guy. It's like... he doesn't get it... he just doesn't get it.

[@shmett2]

Wow Destiny couldn't even get out a coherent point in this debate. Haha, get it? because the audio quality sucks.

[@travelerfinder7840]

Got'em

[@Alex-cw3rz]

That 2 decades it will run out of money quote for social security. Works off the assumption that no one Is going to put money into it for the next two decades and this is what reserves they have it's a ridiculous notion and just used as a way to defund and dismantle it.

[@daveruda]

Remove the cap and it's going forever

[@daveruda]

The gains over the past decade in the economy has almost exclusively gone to the richest 10 %. How can this dude be so dense regards to equality Wages have been stagnating for most people. Cheap consumer goods goes down. But housing? Education? Healthcare? The necessities of life is more expensive. People have had to acquire huge amounts of debt to keep up for the shortfall.

[@blasphimus]

Middle class is defined as 30k a year. In many big cities where the majority of americans live in, 30k is poverty or near poverty wages for the most of population. When you calculate cost of living 60% are living in poverty. Most people can't afford to out right purchase the iphone they own.

[@cliph6068]

Regarding Social Security... They can greatly extend its solvency by lifting the cap on wealthy earners. I believe Bernie introduced such legislation.

[@cjstats1514]

Cut social security while giving the wealthy tax breaks?? Why would you agree with that Destiny?

[@orioncooper1705]

I don't think he was agreeing that it's the best way to go, he's just agreeing that it IS a way to go. That was the argument, and he's right, it is a solution for the problem, just like burning down the house is a way to kill a spider in it.

[@lexort4204]

@@orioncooper1705 that spider might get out better to bomb it lol

[@ToxicTerrance]

@@lexort4204 Bombs only get the spiders nearby. Remove the atmosphere from the earth, spider problem solved.

[@lexort4204]

@@ToxicTerrance Ah genius, we'll have to get someone on that plan! 😅

[@marko1395]

Yeah I think he let the guy off way too easy on that one.

[@Alex-cw3rz]

Move inland in 2050 is too hyperbolic for this guy, yet a few moments later stating the United States in 1776 was a trillion times larger than Rome is fine....

[@SilentOcalypz]

"Hi there, I have absolutely no idea how social security works but I think it's the worst government program ever."

[@Goodbrother]

Did this guy just claim that wages have grown with productivity? Because I would love to see some proof of that. Or is he claiming that if you add government programs on top of wages, it has grown with productivity? Makes you think about where the funding for those government programs comes from. It should be obvious that its the capitalists more so than the laborers that have profited from the increase in productivity. It could not be otherwise considering the growth in the gap between the working class and the capitalist class.

[@Jackjaundice]

Purchasing power has been stagnant for decades is the point rather than specific costs and incomes.The basic reason is increase in capital's share over labor's share (like Destiny mentioned).

[@RawMaterialENT]

Prices go up, wages stagnated, counts as a wage drop since purchasing power goes down

[@daveruda]

This is why private debt went up at the same time wages lagged behind inflation. Keep the wheels turning while the rich get richer on interest

[@RawMaterialENT]

Lol china is an oligarchy but the USA isn't?

[@MadJackChurchill1312]

RawMaterialENT Ah but you see something something FREEDOM!

[@Alex-cw3rz]

53:55 Destiny: What do you mean by Justify Guy: Good point, define better societal outcome. Good deflection.

[@moralapostel]

What? Apparently the Roman Empire was tiny? And Rome was a democracy? Has this guy ever heard of Caesar? I'm so confused....

[@aarOuOn]

Getting Greece and Rome confused lul

[@Alex-cw3rz]

@Vladimus44 so basically once it went authoritarian it became one of the greatest empires the world has ever seen. Doesn't really support the guys argument anyway he spins it.

[@Boots43096]

i strangely dig the new backdrop lul FEELS MORE PERSONAL AND HUMAN

[@ironwill1037]

Destiny got totally equated in this debate

[@Alex-cw3rz]

Corporate tax pays for the shit the corporation uses that the government provides internet for example or roads. This is a terrible stupid idea because who pays for it with no tax, the company you propose to support will collapse. Also economists generally doesn't say this a good idea.

[@latjolajban81]

Sweden here. Teacher. Yeah we have free school choice in Sweden. It sucks.

[@MadJackChurchill1312]

“Are you familiar with The Young Turks” Destiny: “umm...*looks at picture of topless Hasan on desktop*...yeah I’m familiar with them.”

[@beyoncehadoneofthebest]

Destiny is the richest manlet in the world

[@knallekalle9920]

Nah, Jeff Bezos is 2 cm shorter than Destiny.

[@christopherpolanski5462]

This guy isn't even an American - what perspective does he have about whether or not Trump's economic policies relate and thus lead to exacerbate existing inequality or not? He has literally zero say and zero influence by virtue of not living in the States. What absurdity.

[@berningsandwiches2662]

They could just raise the taxable wage cap on Social Security to keep it solvent. No cuts would have to be made and the rate could still stay the same.

[@bean-pod]

SSA can remain solvent by lifting the "SSA Cap" on the wealthy. Maximum earnings for payroll tax is only 132k which is outrageous. The AARP has been arguing this for years

[@FeedbackGaming]

Kappa

[@Sonatherogue]

the fuck. you're here?

[@jamesclement8985]

Destiny's opponent thinks he won't see a penny of social security? Why? Is he planning to commit suicide before he reaches the age of retirement? Or perhaps he is immortal? Perhaps he doesn't age? Is he some kind of vampire?

[@Onthebrink5]

Wealthy people don't have any need to claim SS benefits.

[@jamesclement8985]

@@Onthebrink5 That doesn't mean the caller won't see a penny of social security.

[@tedculbertson6320]

Comparing tariffs to corporate income tax like this is completely ridiculous. The corporate income tax is meant to raise revenue for the government. Tariffs are meant to discourage behavior that the government doesn't like (sometimes called a sin tax). The two have completely different purposes, so it's idiotic to say that anyone who hates one should hate the other.

[@witz]

oof

[@mycenaeangal9312]

F

[@hgarrett9933]

Wouldn’t reducing corporate tax rates be seen as aggressively competitive to neighbors, having similar effects to tariffs, which supports Destiny’s argument rather than the other? I’m confused by the use of this argument in favor of reducing the Corp tax.

[@joebobarker1556]

"seems like you are really critical of trump and even more critical to his supporters. Quite hyperbolic." nathanYikes This is gonna be fun.

[@Nelugames]

Hello boys, man from a country where Universal basic income would cost less than the current system here.

[@bloodmoon3155]

Everything ppl want to know is on Google and KZbin. It's not hard to check how other countries run their system, education, technology, civility, equality. The world is in ur hand!! Check it out. Saying I dont know anything about the swedish the system?!! Yet he thinks he has better idea for school system?

[@RolaiEckolo]

People commenting on the 1 hour+ long debate after only 7 minutes. Okay. G N O M E D

[@bonko86]

Im doing it for the people

[@LeviRoxxUTube]

You know, he stream that before. It ist just taken from his VOD.

[@psychicbot9748]

@@LeviRoxxUTube I don't know anyone who willing to listen to this more than once.

[@travelerfinder7840]

Well there is allot to comment on in a one hour video so I will leave several comments as they reach my head.

[@obamabut_based1974]

They could remove the cap on social security...that would save it

[@bcsb]

Better the devil you gnome than the devil you don't.

[@KerplunkTM]

articles got read in this debate

[@uku5840]

"Huh I'm not familiar with that argument" "I can link you the stats to that" " I know the graphs, that's not necessary". I don't understand but it's okay, keep your secrets.

[@TheHorrorGuru]

This entire debate fell apart when the dude clearly demonstrated he had no idea what Social Security is or how it works. Where do these idiots come from? I don't know how you do it, Destiny. Haha!

[@-Foxer-]

Isn't tncome inequality is the main reason for the populism we see in all OECD-countries? To shrink the gap between the income classes is probably an easier way to calm some people down, rather than trying to debate them.

[@oaxacachaka]

Foxer 5 should probably start in places with the largest gaps like CA and NY.

[@doctordoom1851]

@@oaxacachaka Wealth inequality is problem in most large states not just liberal states. Louisiana is actually higher than California atm. Stop being a partisan hack.

[@blasphimus]

@@@doctordoom1851 He has a point even if he's trying to play partisan politics. Liberal democrats have no real answer to the rich and growing poverty. Minimum wage indexed to inflation is just a bandaid because guys like Bezos aren't going to give benefits or pay above the minimum if he can avoid it. But that problem is and always will be Bezos versus the desires of his 40k workers who I'm sure would rather take a pay raise then for Bezos to get richer.

[@RobertSzasz]

Wait... the DerpyDerp we don't see thinks that social security spending has no effect on the deficit?

[@RobertSzasz]

And the fuckhead wants people to starve now because "I won't see a penny". Nevermind that they paid in their entire lives and if he got serious injured tommorow SSI disability would support him.

[@jonz23m]

Yea cause he is a sociopath. he won’t lose much since he didn’t pay much into it if at all.

[@RobertSzasz]

@@jonz23m and he has no fucking clue how the system works. Is he even American? Is he advocating starving people because he just doesn't like the idea of social security?

[@RobertSzasz]

@JMFS but it seems like he has no idea how the system works. If he is saying things like 'Im young so I won't get anything, burn it down' and he isn't even part of the system, then he is being a disingenuous shithead. He wouldn't get anything if he never paid in.

[@jonz23m]

JMFS who is everyone ? it’s not that hard to fix it if you just increase the cap, but they rather cut the benefits to screw the middle class and save the more affluent. Same story as usual.

[@AmineSamus]

The curtains in the background remind me of those old school Hungry Lips ASMR videos.

[@tittytotty9948]

Here we go

[@JoshBosh317]

Destiny

[@kingkingo1841]

i don't like the camera angle

[@kingkingo1841]

and the mic quality

[@krillin6]

"I'm losing. Let's move on to something else."

[@HallsteinI]

Hello Steven Bonnelly

[@legodivorceattorney2540]

I like this guy, don't I? It's pretty cool how he does it, isn't it? He's pretty good at debating, right?

[@chocodoco4855]

Destiny has a cool robot voice.

[@Mortalpill]

terrible mics and lag

[@nerdSlayerstudioss]

"Rome was just rome and the areas around it" wait wut? www.ict.griffith.edu.au/wiseman/Roman/RE0009x.gif How is that not a significant amount of land?

[@sharann3482]

@Destiny 53:48 If Real Wages Stagnate while the country’s Productivity raises *YOU ARE CAUSING A DEMAND PROBLEM* Cause with higher Productivity you can lay off more workers, meaning more workers have no income so the demand of the economy falls (that’s why the US Government has to go into debts, so the economy keeps running to have money circulating). So what you do is as owner, you increase Real Wages to the *COUNTRY‘S* productivity growth, *NOT YOUR COMPANY‘S*, so Demand is even increasing (supported by higher productivity, so you don’t get inflation). Now everyone in the Market has a higher Purchasing Power wich they ultimately gonna use, causing Demand wich creates new Jobs. Causing higher Demand. Companies can start invest again and productivity growth can finally grow stronger than 3%. Look up when Real wages stagnated and when investment into the real economy slowly stopped and when State Debts exploded and couldn’t pay back, if it’s not state debt rising, you see private debt rising who put their money unfortunately in Bubbles as they can’t invest as Companies in machines. This wage stagnation economy (or this neoclassical economy) can only grow with state debts, private debts, bubbles or foreign Markets.

[@sharann3482]

Social Security is going Bankrupt because of Stagnating Real Wages while Productivity raises, the cost of Social Security are rising because of higher life expectancy and more retirements than there are Workers who pay in. But because Real wages doesn’t raise with productivity Social system can’t keep up with higher cost, so they drain up. And if you check real wages stagnated in the late 70‘s, so the Social Security Net was surviving for 50 years.

[@OHIOspikey]

1:08:33 Wrong, wrong, wrong. No, planned economies like in China do very, very well. This is a right-wing talking point that is completely false. One of China's latest figures for economic growth was at 6%. This is a low point in their growth percentage. They never dip down that low. We think it's great in America when we hit the magic 3%, which is laughable. Last year, China grew at an average of 10%. We will never achieve that in the U.S, without complete economic reform. Never. All of the so-called growth here is fraud and manipulation. Stock buy-backs and faith fueled by media propaganda. If I was a person who was known to be a market guru, if such a thing was possible. And I accurately predicted every sizable dip and gain in the stock market average over the past, say, ten years. If people knew me and enough people trusted my opinion based on my history. Then, if I went on television tomorrow and said the market would fall drastically. It wouldn't matter if there were any "real reason" for it to fall, it would fall, and fall hard. The reason for this is because our system is based on faith, not reality. Stock prices in this country are so over-bloated, if you took the wind out of them, they would bottom, then probably rebound "air-less" at around 5-6k/share on the dow. That's being generous, and it is probably way less than that. This is also the reason why economics as something that is taught in college is a load of bullcrap. It's not a science and will never be a science. It will never predict future outcomes because it is so faith based. The theories aren't even good theories. All this is to say, our economy sucks, and China, a centrally planned system, will run over us very soon.

[@silverstorm1000]

My politics are polar opposite to this guy but I respect that he actually uses pretty credible sources and makes decent arguments in spite of my huge disagreements. He did well all things considered. I hope he turns left >:D

[@Cameron_David_]

Tariffs = Corporate taxes LOL The distribution of education spending is impossible to determine LOL Share of income growth is irrelevant LOL This guy is at least capable if googling right wing talking points but when pressed he has very little understanding of the complex systems he is talking about yet still is able to walk away with strong conclusions.

[@supersayan6318]

"Oh, you make fun of Trump and talk about how he's an idiot. And you also make fun of his supporters, for being idiots themselves, and say that you haven't found a Trump supporter that makes an argument for Trump. Ah ha! But you haven't talked to an actual intellectual that represents the Trump base, that can argue an important issue in America right now which Trump represents.... annnnnd that's common core. Let's talk about that."

[@politicalparmesan4394]

this guy debating destiny is 100% ignorant about corporate tax structure, capital structure, and accounting. He's applying personal finance/taxes to a firm… effects of tariffs ≠ coporate tax... both incentivize/deter certain actions.

[@keatondenker5919]

What exactly makes technology a product of capital’s increasing efficiency? Capital didn’t develop technology; scientists (an advanced sort of laborer) developed it, and it was then purchased by capital. The profits technology produces are not owed to corporations; there is a strong argument to be made that socially-created innovation ought to be socially-distributed, not hoarded by capitalists.

[@皇帝ScottYee]

For some reason while only watching this video, my PC was making sounds.

[@jeffgojail]

Destiny has a fundamental misunderstanding of how Social Security works. It is not a savings account. The workers that are paying taxes currently support the retirees that are currently on the Social Security rolls. When those workers retire their Social Security will be paid for by the tax paying workers at that time. Your benefits are based on your Social Security statements for your lifetime, but it's not a savings account. To many Americans fundamentally misunderstand what Social Security and Medicaid and Medicare are.

[@RaviPillalamarri]

This business about the school system being trash is a canard. 1. The US has always been average when compared to other countries. 2. When the rest of society spends more money on children (for example, ensuring low or no child poverty) then the schools don't have to spend that money. There's more, obviously. But basically control for poverty and come back.

[@Junebug89]

lol this guy almost sounded like he knew what he was talking about with social security until he said he wouldn't ever see a penny. Once the reserve funds run out, it can pay out something like 80% of benefits indefinitely. And I like how his solution to it being regressive is not to remove the cap on contributions (which would also largely fix the funding issue) but to destroy the program which would catapult tens of millions into poverty, which obviously isn't regressive at all...

[@pedropatricio8070]

The argument that Secular Talk makes about wages is that REAL wages in America have been practically stagnant during the last decades or so, that is the increase in wages has been matched by the increase in inflation so the average worker's purchasing power has not increased, which from what I gathered has been backed up by very recent studies from the pewresearch center. Don't know about the Young Turks since I haven't followed them in a long time.

[@lexort4204]

Anyone thinking of axing Social Security should read this and keep in mind you are who Eisenhower is talking about. www.ontheissues.org/Celeb/Dwight_Eisenhower_Social_Security.htm

[@Solthiel]

The reason why the redistribution of the earnings of capital makes society better, is because capital did nothing to "earn" any of that money to begin with. Just HAVING money and then spending it, accrues no notion of worthiness on the holder. And so, as the difference between the "productivity" of capital (ie: the ability of capital to invest in more efficient tools for laborers to produce value for them) and the compensation of workers diverges, the laborers are forced to do more labor (more earning power) for less money while the capitalist is able to do less labor (less earning power) for more money. In this simple dynamic alone, we can see that the arrangement is inherently exploitative. Even in the case of full automation, it is not the owner of capital who builds the robots, installs the robots, or upkeeps them. The laborers build the machines, the laborers install the machines, and the laborers upkeep the machines. Yet, in capitalism, the laborers will receive no substantial portion of the productive improvements that will be seen by that automation. Capitalism, like all authoritarian arrangements, inherently concentrates power away from the bulk of society and thus creates antagonism between the powerful and the masses. This cycle cannot be fixed by constant returns to socially democratic regulation. It will always degrade back into this paradigm over enough time. The capitalist mode must be abolished to finally arrive at an ethical society.

[@derodan9877]

A Tarrif is not just a percentage on the cost for goods, you can also have a maximum number of imported goods. Tarrifs are for the protection of your domestic economy. Lets say you need 1000 Eggs per year in your country because people like eggs, but you produce only 700 eggs a year in your country. Then you can set your tarrifs for the first 300 eggs from other countrys to 0% but for the 301st egg and onwards you set the tarrif to 30% to protect your domestic economy from being flooded by cheap eggs from countrys that can produce eggs cheaper than you are.

[@jeffc5974]

"Social security isn't raided, it's got a reserve, which is invested in government bonds." Um, yeah, that's exactly what people mean when they say "raided". The government bonds are so that they can use the social security money elsewhere.

[@ZephyrGlaze]

The assertion that worker pay shouldn't go up with productivity is a slimy and disgusting one. Not only do the workers contribute more to the development of new technologies and methods for production than the owners, but the society as a whole is what enables productivity to increase. Giving the benefits of that productivity increase incredibly disproportionately to those already benefiting massively from the system strikes against the layman instantly both because it contributes to social upheaval, it also offends the basic sense of fairness that even monkeys adhere to. "Why am I doing all the work while this guy makes all the money" is a necessary question to ask and must be very soundly satisfied.

[@paxtonlynch1251]

For less money than the Trump tax cuts we could pay off all the student loan debt in the US. Not saying that's what I'd do with the money but it puts it in perspective. It would definitely have helped the middle class more than what he ended up doing.

[@Nelugames]

The biggest problem is the educational system in America right now, it costs tons and it doesn't bring you anywhere. Destiny is actually smarter for not finishing college.

[@stevenf6328]

Waste a lot of time looking things up during a debate for fundamental clarification, and prolly shouldn’t even debate it if you don’t know the fundamentals.

[@chrispurington4436]

Others already commented on this here but Social Security is in no danger of insolvency or running out of money. There will always be new people coming into the economy and paying into it. It's a program we can maintain forever.

[@seanmcquade6838]

For the schools thing, the countries doing the best in education spend more as a percentage of their GDP. en.wikipedia.org/wiki/List_of_countries_by_spending_on_education_(%25_of_GDP)

[@Junebug89]

"They distort economic outcomes" ALL taxes distort economic outcomes rofl, that's not an argument against them.

[@SperaSF]

This guy's view on social security is ridiculously uninformed. Destiny not jumping down his throat has me pulling my hair out

[@muzzyleprechaun2311]

In 82 years we will be moving inland LOOOL destinys iq seems to be dropping every upload these days.

[@Mutex50]

Just about 10 min in. A quick google search shows $1.7 trillion an extreme low ball estimate of how much the tax cuts are going to cost.

[@numnumnumable]

Hey, if youtube could stop playing fucking pragerU ads on your videos that'd be great.

[@megalo_dom]

I studied geographic science and environmental policy for 5 years in undergrad. I have to throw in the point that we are already seeing the effects of sea level rise on the coastlines of america. The “50 year” idea is actually not that far from the truth.

[@differentbreed2933]

I thought we were 18th in terms of education spending? And also aren't we below the oced average? so how can he say we're way above it compared to other countries.

[@PepsiFuture]

Trump supporters are much worse than Trump. He's a showman giving them exactly what they want to hear.

[@TheRiddam]

This "Debate" could be summarized as; 2 Laymen lay-manning about economics.

[@jeffc5974]

The reason we tax corporations is because they directly benefit from the government in ways that ordinary citizens don't.

[@yu-gi-doge9226]

Didn't watch the whole thing but the guy he's debating seems like he's never heard of Thomas Piketty

[@jaelsonnen5750]

Destiny destroys this idiot at starting at 15:45 "I'd prefer Social security just be destroyed."

[@Alman117]

I had a debate on common core which tied into that stupid fucking question 6/2(1+2).

[@adamschlinker972]

I didn't mind this dude at all. At least this debate was civil and had a back and forth. Better than the supreme anger you're met with. Hahahah.

[@MrJesusisreal]

is there really any merit to a discussion of wealth inequality with someone who lacks a basic understanding of the fact that under a capitalist system the rate of return on capital will grow at a much faster rate than wage levels, thus creating a structural tendency towards greater wealth inequality between those who own capital and those who sell their labour for wages?

[@corkiecork4014]

If rich people are living longer and there for taking to much out of social security then raise the cap. It's the easyest solution and makes it less regressive.

[@restlessjuan]

Why is it every time you talk to a trump supporter they have to finagle and decipher what a simple Spoken Man meant