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Cake day: July 17th, 2023

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  • Sweden is fairly unique as it’s economy wasn’t destroyed by WWII, and it’s stance on banking, foreign exports, and foreign ownership has enabled it to make massive profits. But the economy is seriously struggling today. The average home loan takes 100 years to pay off.

    Finland economy replaces oil with timber and an extremely educated population. Both of which are not sustaining the model well as the country is in recession. The timber industry isnt producing sustainable profits like it used to. The debt-to-GDP ratio is extremely high. The highly educated population is leaving and people don’t typically immigrate to Finland.

    So arguably the model isn’t working anymore, without something like oil to fall back on.









  • Back when there were numerous loopholes, deductions, and methods of evasion and nearly none paid that rate? And when they later lowered effective rates, closed loopholes, and ended up collecting more?

    Yeah, let’s do that. Let’s incentive finding ways to avoid paying taxes.

    This is exactly how you give incentives to higher CEO pay. Record profits? Give all of it to the CEO and you’ll pay none of it to the government. You didn’t mention a higher personal tax rate, so end of the day the CEO wins.

    Own an S-Corp? Pass through all profits to yourself and pay 0%.





  • Lowpast@lemmy.worldtoFuck Cars@lemmy.worldDerby, CT road widening
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    3 months ago

    I don’t know what sort of copium you’re smoking. I lived in rural Michigan for most of my life. Train is absolutely not a viable mode of transportation for rural America. There’s a reason trains and subways still exist on the east coast of America and in most or Europe, Asia, and south America - they are useful.

    They died out everywhere else because guess what, they are not ideal at all, and the convenience factor of cars is basically unbeatable. Even if we had a high-speed rail connecting our major cities, okay, how do I get to my destination? Another train? What about when I live 35 miles from the city center… another train…? Sounds absolutely atrocious


  • Lowpast@lemmy.worldtoFuck Cars@lemmy.worldDerby, CT road widening
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    3 months ago

    .Assumimg youre refering to the US, fixed rail is not a feasible mode of transportation for 90+% (ignoring something like a subway or monorail) of travel in modern America. Intra-city or between a major metropolis, sure. But that still exists… you can still take them… because the utility of them keeps them alive…


  • Lowpast@lemmy.worldtoFuck Cars@lemmy.worldDerby, CT road widening
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    3 months ago

    People with drastically more information, data, and money decided this is the right call. These decisions are not made in a box and the town (mayor/chamber of commerce) is always involved.

    What if the reason more people don’t stop in the town is because the narrowwness made it a difficult to visit the town?

    People drastically more involved than any of us decided this is the correct course of action to revitalize the downtown.



  • Lowpast@lemmy.worldtoFuck Cars@lemmy.worldDerby, CT road widening
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    3 months ago

    When small towns start disappearing, it’s often because they are no longer economically or socially relevant. Decline of local industries, reduced agricultural activity, lack of job opportunities, population migration…

    The town is clearly on a downward trend. 60 years with no growth is not a positive thing.

    Business owners just don’t randomly sell because the DOT wants to widen a road.

    The town is already gone.