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GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

finance.yahoo.com

101–110 of 116 posts

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#101
post #61

Earlier quoted context omitted.

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Yeah all those... illegal immigrants... buying 500,000 dollar homes in Texas. Nevermind they're the only people building the homes.

It's the immigrants' fault.

No wait, it's because of the queers.

Surely it's because of women.

Would you believe it's the socialists fault? Gangs? Non-Christians? Welfare Queens? China? The American People as a whole?

It's everybody else's fault except ours, the people who actually and demonstratively have power.

Please believe us.

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#102
post #15

Earlier quoted context omitted.

What have you done yourself here about it? For myself, nothing.

I would imagine the HN demographic pays quite a bit in taxes, both state and federal. One would think that in 2025, in one of the wealthiest countries on Earth, we could at least solve food insecurity.

We're not going to solve food insecurity when one major political party thinks it's kind of a problem but not big enough to actually do something about, and the other major political party is doing whatever they can policy-wise to increase food insecurity.

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#103
post #61

Earlier quoted context omitted.

> Everything is becoming more expensive often for no reason. - For food, this was caused by supply shocks. First COVID, then Ukraine, now tariffs and the trade war. And on top of that, excessive price-setting power in some highly concentrated sectors of the food industry. - For housing, this was caused by a supply shortage, i.e. bad housing policy. A housing shortage gives property owners price-setting power, which a…

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For a nation built and made immensely great by immigrants, I truly fear the type of propaganda that is able to turn all of their social and economic problems on immigrants.

I know Europe has been consumed by this rhetoric, but I feel Americans should know better, knowing their history. Incredible how the powerful can shift the blame on the guy making minimum wage, and the entire populace laps it up like complete morons. It is frightening to see the how mass media can easily brainwash a whole country in the span of a few years.

Deceiving people at global scale is by now a solved problem; despite believing we are the smartest and most well-read and rational in history, humanity as a whole is on aggregate really, really dumb.

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#104
post #41
post #18

Earlier quoted context omitted.

Oh get the fuck out with that. Not writing disingenuous feelgood bullshit, pretending that I work for some kind of greater good, while actually I'm pushing my own company, and trying to shift burden onto the "young digital natives". For a start.

I don't know about the United States of America, but in my country it's very common to do volunteer work.

> I don't know about the United States of America, but in my country it's very common to do volunteer work.

Your business plan for America:

1. Live in an unknown country Z that's not the US, about which you don't know much.

2. Do volunteer work in Z, consisting of doing highly unknown stuff X for a secret number of minutes per year Y.

3. ...

4. Imply unknown profits for Z

5. The US implements a copy of the unknown volunteering in unknown country Z

6. ...

7. Imply enough unknown profits for the US to fix all of its unspecified problems.

Am I missing something, like known or unknown unknown?

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#105

“The GoFundMe CEO hopes younger donors, who are often more values-driven, digitally native, and community-oriented, will push giving higher and faster.” I can’t believe it. THIS is what he hopes for ? He is not stating he hopes his country can get out of this mess? Or researching what his company can do? He’s just looking after his cut.

He already did that back in 2021: https://eu.usatoday.com/story/opinion/voices/2021/02/11/gofu... He might have given up on the country at this point.

Or he might be switching sides, like every other tech and non-tech business?

Trying not to blame the GOP-controlled Congress in this time of stomp-on-the-critics politics?

What are the odds, knowing what business cares about first and foremost?

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#106
post #52

Earlier quoted context omitted.

If the “victim” is a large corporation is almost certainly does

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Inheritance tax should be 100%; taxation isn’t theft, excess riches are.

State thugs are much less a threat than private ones. The difference between organized crime and large corporations is just branding.

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#107
post #15

Earlier quoted context omitted.

What have you done yourself here about it? For myself, nothing.

I would imagine the HN demographic pays quite a bit in taxes, both state and federal. One would think that in 2025, in one of the wealthiest countries on Earth, we could at least solve food insecurity.

> I would imagine the HN demographic pays quite a bit in taxes, both state and federal.

If they are in the U.S. and wealthy, they pay relatively little. That's why the U.S. has a problem funding these things.

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#108
post #20

There is a method for dealing with widespread inequality coinciding with generational wealth transfer, it’s called taxation. Tax transfers of wealth. It’s not complicated and doesn’t rely on the goodwill of ‘values-driven, digitally native, and community oriented’ young people. We have a system designed to incentivize greed. Gross inequality is the result. Taxation is one viable method to deal with such a failure mod…

It's almost like crowd-sourcing, while being more consistent, democratic and fair.

As long as we're discussing it on this level, why tax transfers of wealth instead of wealth itself?

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#109
post #107

Earlier quoted context omitted.

I would imagine the HN demographic pays quite a bit in taxes, both state and federal. One would think that in 2025, in one of the wealthiest countries on Earth, we could at least solve food insecurity.

> I would imagine the HN demographic pays quite a bit in taxes, both state and federal. If they are in the U.S. and wealthy, they pay relatively little. That's why the U.S. has a problem funding these things.

[deleted]

Re: GoFundMe CEO: economy is so bad his customers crowdfund to pay for groceries

#110

Earlier quoted context omitted.

Yeah all those... illegal immigrants... buying 500,000 dollar homes in Texas. Nevermind they're the only people building the homes.

It's the immigrants' fault. No wait, it's because of the queers. Surely it's because of women. Would you believe it's the socialists fault? Gangs? Non-Christians? Welfare Queens? China? The American People as a whole? It's everybody else's fault except ours, the people who actually and demonstratively have power. Please believe us.

“Even when it was the bears, I knew it was [the immigrants].” [0]

0. https://en.wikipedia.org/wiki/Much_Apu_About_Nothing

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