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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: tecmo ⎊☼  😊 😞
Number: of 4582 
Subject: Re: luxury of voting against interests
Date: 08/27/24 10:44 AM
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So I would disagree about your assertion. Mature adults realize it isn't in their best interests to set up a system where billionaires and corporations pay very little in taxes so the credit card bill rises and rises.


Its actually not helpful to think of the government debt as a credit card - personal finances are not equivalent to national budgets. That said, I would suggest for a wide range of democratic voters they would personally be much better off with republican economic policies (example - flat tax); yet consistently vote against their personal economic interests.

A similar mindset might be in the minds of republican voters - they view issues such as abortion, personal freedoms (gun laws) as much more relevant than their economic interests.

tecmo
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