Pragmatic Leftist Theory
The neolibs are too far right. The tankies are doing whatever that is. Where's the space for the people who want fully-automated-luxury-gay-space-communism, but realize that it's gonna take a while and there are lots of steps between now and then? Here. This is that space.
Here, people should endeavor to discuss and devise practical, actionable leftist action. Vote lesser evil while you build grassroots coalitions. Unionize your workplace. Participate in SRAs. Build cohesion your local community. Educate the proletariat.
This is a place for practical people to develop practical plans to implement stable, incremental improvement.
If you're dead-set on drumming up all 18,453 True Leftists® into spontaneous Revolution, go somewhere else. The grown ups are talking.
Rules:
-1. Don't be a dick. Racism, sexism, other assorted bigotries, you know the drill. At least try to default to mutually respectful discussion. We're all on the same side here, unless you aren't, in which case kindly leave.
-2. Don't be a tankie. Yes I'm sure you have an extensive knowledge of century-old theory. There's been a century of history since then. Things didn't shake out as expected, maybe consider the possibility that a different angle of attack might be more effective in light of new data.
-3. Be practical. No one on the left benefits from counterproductive actions. This is a space informed by, not enslaved to, ideology. Promoting actions that are fundamentally untenable in the system in question, because they fulfill a sense of ideological purity, is a bad look. Don't do that.
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$1.4 trillion injected to a consumer base would cause mass inflation. We've already seen this with the "stimulus" checks. Money isn't real; the resources would have to be there in the first place. If they aren't, it will just cause an increase in demand without the actual supply, thus raising prices.
the problem there is it was money out of thin air. If taxes had been increase and we did not run with debt inflation would not be an issue. money gets put in and taken out.
https://mitsloan.mit.edu/ideas-made-to-matter/federal-spending-was-responsible-2022-spike-inflation-research-shows
This is the study you may be referencing to. It does not say what you think it does and instead puts the half the blame on Federal government spending. It does not break out this as just the stimulus sent to the average person.
https://www.bls.gov/opub/mlr/2024/beyond-bls/stimulus-checks-world-events-or-import-shortages-what-causes-import-inflation.htm
Here we see an entirely different conclusion.
"the authors find that world import price inflation was mostly driven by global forces rather than country-specific supply shortages or demand surges."