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“America is deeply unprofitable” it’s a country not a B2B startup you fucking dweeb

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I’d add one more condition. You each have to take a basic civics and current events test. The results to be revealed just after recording begins. These chuffer heads don’t know an amendment from an article, the deficit from the debt, etc.

I know there's no chance of them knowing any of that, b/c Jason Calacanis didn't know about stratification of markets. (That there's cheap ice cream at Walmart & expensive ice cream at Whole Foods.) Mind you this concept is the B-plot of a 2003 "Kim Possible" episode, "Low Budget", a kid's show.

I'm still stuck on "if outsiders stop lending us money". Maybe the chuds that are running the US govt should stop doing things that would caution lenders from lending us money? Breaking the entire federal government seems like it would give lenders pause!

Yes that, and DOGE isn't how you make the government more efficient or in this dude's stupid analogy more profitable. The Inspectors General they fired already were detecting fraud and abuse, for one, and were good at it (and could successfully add and subtract). DOGE is theater for dumbasses.

If they’re just worried about national debt, America could solve all its financial problems and make Americans lives better at the same time by taxing the top tax bracket at 90% like they did in the 1950s.

Also I think it’s worth noting that if you have a huge tax burden on that top bracket, and employees and infrastructure are tax deductible as business expenses, there is incentive to put your profits back into your employees and contractors rather than hoard it all.

I don’t know all the lingo. Are you talking about tax brackets.. like how currently you are only taxed 37% on income you make after 730,000 or whatever (and not on all of your income just because you hit that income level as people seem to think) ?

As with everything in life it’s not what is done but how it is done. DOGE has already failed in every way it can in terms of execution. Result won’t matter much coz cultural scarring lasts forever. Money doesn’t.

What would be deeply unprofitable, phrase not used to describe countries. point here is if you think it is bad now. Traitor's tax cut for rich will blow the lid off debt and add another 12 to 15 trillion to it. For the benefit of under 1% of usa. Cuts to svs would hit almost 50%, let that sink in.

There is no purpose for government to earn a profit in a free market economy. They want to return to a mercantilist model where the gov itself accumulates profits in order to have trade surpluses and a stranglehold on goods. This is the reason for Trump’s tariffs and imperialism.

I mean it was built so that white guys can get wealthy by exploiting others. That's pretty much what a startup does. This kind of narrative is extremely coherent with what America is imo, they want America to be "profitable" by reinforcing the subjugation of others. Exactly how enterprise works.

They are cult followers of Yarvin et al, who sincerely believe democracy has failed and the republic properly should dissolved by mere presidential election, and want an empire of men not laws. They are the enemies warned in the oath found in 5 USC 3331 and elsewhere.

How about if we are hoping for them to be accurate? or to know their a$$ from a hole in the ground? Does that make us "unpatriotic"? If we were running it like a business, we'd hire f'ing accountants not the doge clown car of incompetence!!

One problem, Musk seems is more interested getting the regulators off his back, than DODE's questionable mandate. Feb 25 expenses were 603B, 36B more than Feb 24. Lets see what Mar brings. Government is not a Business. The approach so far is only on expenses, not revenue, here comes the Tax Cuts. 🙂

Oligarchs want to grift off the fed gov’t. Role of gov’t is to ensure safety, protection, welfare of its people, meaning provide military, infrastructure, healthcare, education, regs protecting consumers. Fed issue money, not user. Corporations: profit at any cost.

Pardon my French but… People who want to “run country like a corporation” should holds they hands together and go fuck themselves. Countries are here to organized and crowdfund stuff we all need but we don’t need it on profitable basis because it makes profitable other things.

And if we're going to have that argument, America has been one of the most profitable ventures ever. Think of all that has been accomplished with it backstopping health aid, security guarantees, and diplomacy for decades.

When, in history, did it become a thing to expect govt to make a profit? It literally should not have surpluses and if it does, it shouldn’t be for long. Govt is for the collective good. We are not a monarchy meant to make our leaders wealthy. Govt is for the benefit of the people.

Government is NOT a business: - We care for the sick because it is humane - We educate our children because it is our due to the future The oligarchs have spent 3 generations trying to rejuvenate the idea that profit is the universal motive for all human activity. It simply is not.

This guy got to where he is due to the deeply unprofitable country of Canada where his family received refugee status, welfare support, universal healthcare and subsidized university tuition. But now that he has EDS — Elon Derangement Syndrome — it's time to burn everything down that lifted him up.

Even if the country were a business, slashing your own revenue and then saying that cutting spending by less than half of the amount of revenue you're losing is also a shitty way to run a business.

Ahh, incomplete thought that I can't edit. Slashing revenue and then saying you can save the business by cutting spending, but the revenue you lost is 2.5 times more than the spending you're cutting, is stupid af.

The government is non-profit! If the government operated to be profitable, it could not have any programs for social/humanitarian needs like health, education, programs for the disabled/elderly, disaster relief, etc. Forget consumer protection, oversight of Big Pharma, and science/environment.

Can you explain to that genius that the party trying to have Musk to destroy government is the same party that paid for wars in the Middle East on a credit card, and gave massive unpaid tax cuts during Bush and Trump terms. Social Security is a separate program paid for by voters, for voters.

Play along with their “business mindset” for a moment… their answer is to cut entitlements and give more money back to the top 1% and *still* run an unprofitable business(deficit). Abject morons.

If they raised the tax rates for the wealthy & corporations, then removed their tax loopholes, the US could provide universal healthcare, free education, social security, childcare & still pay down debt.

“America is unprofitable” BC in 1982, the SEC authorized stock buybacks. Reducing the number of stocks, increases the stock price, which is tied to CEO salaries BC of fiduciary responsibility. CEO’s suck money from R&D, wages and borrow against the inflated value, reducing value to the consumer. 🧵

Companies further cut costs by using cheaper inputs and reducing quality to increase margins. This entire cycle leads to enshitification and unbacked credit valuations. You can view this in the “Price to Book” ratio, or P/B which has increased from 6 fold from 1975. www.fool.com/investing/20...

fool.comThe Stock Market Just Breached a Never-Before-Seen Threshold -- and History Couldn't Be Clearer About What Happens Next | The Motley FoolWall Street's bull market looks to be galloping higher on borrowed time.

Tesla is the canary in the coal mine, and very definition of a company whose valuation is based off of fairy dust, and wishes. They account for approximately 6% of car sales in the US, whereas Toyota accounts for 44% of US sales. Toyota however have a 248B market cap, whereas Tesla’s is 777B.

IF America ever has free elections again, doubtful, and if the Dems win power they should heavily tax billionaires & multimillionaires and get rid of their many tax loopholes & hire 3 times the IRS agents biden had to focus on them If they move overseas, tax their US assets even more heavily.

People who actually do care about America's financial situation will demand that corrupt billionaires give back this huge tax cuts that Crime Lord Trump gave them and himself & demand Musk & Trump stop looting the public good the government, to give even more tax cuts for billionaire oligarchs.

Anyone who talks about running government like a business is automatically someone not worth listening to. When examining "efficiency" in government the goal is to make sure money spent is having the intended benefits and necessary services.

If a government agency is "profiting" then that means it's not doing it's job effectively and that money should be better spent and allocated to enhance the services offered by that agency to benefit more people.

These people are so deeply stupid. America is the richest country in the world and has been for like a century. Seems like it’s pretty profitable except for the part about that not being a thing countries do.

Even if you DO accept his premise, imagine telling a growing startup business that the path to profitability is to lay off all your staff. YOU NEED MORE REVENUE to make this work, not tax cuts! Their plan is to reduce revenue, turning our government into a Big Lots.

These people are so deeply stupid and they are the ruling class. They are so stupid because they have never had to actually accomplish anything in their lives, never had to overcome any actual challenges. When they screwed up, it was never they who suffered consequences because of their privileges.

That in a nutshell eyplains both Trump and Musk. They are among the stupidest people who ever lived and they made it to the top because of privilege, and they are gonna wreck the planet. And many of their supporters and admirers are just like them.

And I'm sorry to say many others of our elites are just as incompetent. For example Germany's Merz, who will become Chancellor because of sheer luck after running one of the worst election campaigns ever and who has never accomplished anything in his political career other than preventing progress.

It’s never been about efficiency. It’s tearing down the US strength, security, economy, health and education for the benefit of the tinpot war criminal and allow the uberrich to pick up assets cheap in a recession. Tariffs are to extort companies for bribes and break alliances.

America is amazingly successful economically. The unprofitable part is how the government spends more than it takes in. Why? It can either cut spending (mainly the military, Medicare and Social Security, guess which they want to cut), or put tax rates on the rich back to 1960 and balance the budget.

Agree. A quick response isn't best for detailed economic discussion. The federal deficit is a choice and the focus on spending by the right-wing is a choice. They fed the lie that the rich benefited the country, grew jobs, when it doesn't. The real story is the way the rich avoid taxes.

The definition of bankruptcy clearly cannot apply. Also, like a family, a business doesn’t have a fiat currency. It’s a bad metaphor made in bad faith in order to mislead. And the purpose isn’t efficiency or any improvement to the federal debt.

We can't run out of currency we issue. We don't borrow money to avoid default we do it to link our interests with other nations because money is thicker than blood. Jesus fuck how are these people able to walk around without coming to death in their tongues?

If we ever get to a point where we just throw in the towel, I'd like to have a festival like burning man except called Boring Man where we just have a bbq and talk about normal stuff that doesn't herald the end of the republic.

Spoken like someone that has never tried to monetize kitty sessions to people who live in catfree apartments. The best part? All you need to do is feed them fish, and quality fish can be really cheap in some parts of the country.

Outsiders aren’t “lending us money” they are investing OUR money into OUR economy that we sent them in exchange for their goods and services to enrich ourselves.

Biggest crock of BS I have heard all day. America isn't a business. And thinking trump is a good businessman is ignoring obvious facts about his many failures.

We had the strongest economy in the world after COVID knocked everyone on their asses. There was absolutely zero reason not to buy our bonds...until Trump tanked everything in under two months (and one of those was February!). The one who is fucking up OP's theory is Trump!