How China's “debt traps” work

Re:How China's “debt traps” work by disgruntledphd2 on Monday October 02, 2023 @03:00PM (#37742805)

I don't mean to be hyperbolic, but that's how you get people (mostly children and old people) starving in the streets.

That's what those entitlements pay for.

Maybe you think that's not worthwhile, fair enough. Unfortunately for you, many of your fellow citizens and taxpayers disagree.

[ Parent | on HN ]

Re:How China's “debt traps” work by keeety_ on Monday October 02, 2023 @03:46PM (#37743469)

It's quite possible taxation results in more starvation than it prevents. Particularly when used to incentive low income fertility and dis-incintivize production and labor.

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Re:How China's “debt traps” work by disgruntledphd2 on Tuesday October 03, 2023 @06:54AM (#37750157)

Huh?

Like, that is an extremely strong claim and I'd appreciate if you could provide some evidence for it.

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Re:How China's “debt traps” work by oceanplexian on Wednesday October 04, 2023 @03:04PM (#37770021)

Or, perhaps the 60% of American Households that give to charity would be able to take their increased pay, and more efficiently get help to people that need it than a series of large, fraud-ridden government programs.

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