I keep being told it’s because of the Republicans that we can’t have nice things. So what gives in California? We should be overflowing with progressive policies.

  • novibe@lemmy.ml
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    6 months ago

    Your conclusion makes no sense. California can’t afford the policies because states don’t print their money, the federal government does. And California doesn’t get much help from the federal government. So it’s constrained by what it can tax locally.

    Those policies would work perfectly and cause no budgetary issues if the federal government paid for them by printing money.

    The massive printing of money from 2008 to COVID really not make people realise that? We CAN pay for everything. The government just has to print for the money, and use it for that instead of bailing out the capitalists over and over.

      • novibe@lemmy.ml
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        6 months ago

        Zimbabwe is not sovereign monetarily. The US is the most monetarily sovereign country in the world. They can literally print trillions and it doesn’t do anything to inflation. It has happened multiple times already!! Like why would people deny reality?

        • Carighan Maconar@lemmy.world
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          6 months ago

          Because its not a solution, it just makes the problem worse. It’ll just create even more money under 100 people can gobble up.

          The money exists! It needs to be liberated from wasteful uses such as arms, billionaires or shareholders. We can also print more money, sure, but without first fixing the underlying spending/allocation/hoarding issue, we’d only be feeding the dragon.