Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Expanded Child Tax Policy Slashed Child Poverty

npr.org

Post reply on HN
Print view View original

21–30 of 126 posts

Re: Expanded Child Tax Policy Slashed Child Poverty

#21

Post by h0l0cube »

To phrase child welfare in terms of a capitalist mindset: if you care about expanding your business and keeping labor costs down, you care about the size and quality of the domestic labor pool, and thus you care about the access to education, the stable living arrangements, and mental welfare of your fellow country people and their families, and thus you support welfare to your poorest country people. To do otherwise, is to not just be heartless, but also foolish.

There's nuance to this, like the effects of immigration and outsourcing, but with a high dollar, you need highly skilled labor to create export goods and for national security, and talent doesn't emerge in a vacuum.

Re: Expanded Child Tax Policy Slashed Child Poverty

#22

Post by 29athrowaway »

h0l0cube wrote: post #21

To phrase child welfare in terms of a capitalist mindset: if you care about expanding your business and keeping labor costs down, you care about the size and quality of the domestic labor pool, and thus you care about the access to education, the stable living arrangements, and mental welfare of your fellow country people and their families, and thus you support welfare to your poorest country people. To do otherwise…

Unless your business is extracting something from the ground, like oil, diamonds or gold, without the help of the majority of the population.

From "The Rules for Rulers" by CGP Grey, an adaptation of "The Dictator's Handbook" https://www.youtube.com/watch?v=rStL7niR7gs

Re: Expanded Child Tax Policy Slashed Child Poverty

#23

Post by czbond »

catawbasam wrote: post #6
tamaharbor wrote: post #2

I wonder how much of an impact the printing of additional money to fund this experiment had on inflation.

This was a pretty small slice of the stimulus.

https://fred.stlouisfed.org/series/M1 https://fred.stlouisfed.org/series/M2SL

Look for vertical - and you'll see it wasn't a small slice.

Re: Expanded Child Tax Policy Slashed Child Poverty

#26

Post by weaksauce »

pydry wrote: post #17
josephcsible wrote: post #7

Earlier quoted context omitted.

We bombed Nazi Germany during World War II, and then occupied much of it for a while afterwards. Did we do that "so our hegemony can be asserted all over the place"? If so, then I think asserting our hegemony is a good thing. If not, then what definition/test of it are you using that the wars you don't like count, but that one doesn't?

>If not, then what definition/test of it are you using that the wars you don't like count, but that one doesn't? 1) Are they committing genocide? 2) Did they attack you?

that's an excellent test.

Re: Expanded Child Tax Policy Slashed Child Poverty

#27

Post by kevin__ »

The fact that this article even needed to be written says a lot about the state of politics in America.

I don't think I will ever wrap my head around the fact that there are politicians who seem to sincerely believe that the best way to decrease poverty is to give tax cuts to the rich and huge corporations, instead of actions like what's described in the article.

Re: Expanded Child Tax Policy Slashed Child Poverty

#28

Post by Retric »

josephcsible wrote: post #20
tehwebguy wrote: post #13

Earlier quoted context omitted.

Ok but what about after uhh 1945

The criterion for whether a war was asserting hegemony is whether it happened after 1945?

No, the difference between creating and asserting hegemony is meaningful though. Much like how what creates a monopoly is different than what happens after a monopoly is created.

Re: Expanded Child Tax Policy Slashed Child Poverty

#29

Post by weaksauce »

josephcsible wrote: post #7
weaksauce wrote: post #5

Earlier quoted context omitted.

long term probably a lot less than bombing and occupying other countries so our hegemony can be asserted all over the place... we have 330 million people and spend more than every other country in the world combined on war. A list including china that has 1,440 million people and india which has 1,400 million people. Seems when the question is war the answer is always yes but when the question is can we help our citi…

We bombed Nazi Germany during World War II, and then occupied much of it for a while afterwards. Did we do that "so our hegemony can be asserted all over the place"? If so, then I think asserting our hegemony is a good thing. If not, then what definition/test of it are you using that the wars you don't like count, but that one doesn't?

that's a real nice strawman you have erected.

> Did we do that "so our hegemony can be asserted all over the place"?

no.

> If so, then I think asserting our hegemony is a good thing.

well that's wrong.

> If not, then what definition/test of it are you using that the wars you don't like count, but that one doesn't?

I don't like any war; some are needed like stopping hitler and their ghoulish goals sure. name a "war" we have won since then. hell name the last time we actually were at war since congress hasn't gone to war many times.

Re: Expanded Child Tax Policy Slashed Child Poverty

#30

Post by js2 »

bandyaboot wrote: post #25

Sorry kids, Joe Manchin is concerned about entitlements.

He’s even worse than that:

> Publicly, his biggest gripes are about the cost of the bill. But privately, Manchin has told his colleagues that he essentially doesn’t trust low-income people to spend government money wisely.

> In recent months, Manchin has told several of his fellow Democrats that he thought parents would waste monthly child tax credit payments on drugs instead of providing for their children, according to two sources familiar with the senator’s comments.

https://www.huffpost.com/entry/joe-manchin-build-back-better...

Post reply on HN