silence7@slrpnk.net to politics @lemmy.world · 1 day agoThe Republicans’ Budget Makes No Sense | Congress is trying to preserve the illusion of revenue while cutting taxes.www.theatlantic.comexternal-linkmessage-square22fedilinkarrow-up1358arrow-down13
arrow-up1355arrow-down1external-linkThe Republicans’ Budget Makes No Sense | Congress is trying to preserve the illusion of revenue while cutting taxes.www.theatlantic.comsilence7@slrpnk.net to politics @lemmy.world · 1 day agomessage-square22fedilink
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up20·1 day agoThey’re basically running the US like venture capital, stripping the wiring from the walls.
minus-squarechonglibloodsport@lemmy.worldlinkfedilinkarrow-up16arrow-down1·1 day agoI think you mean private equity, which act as the scavengers of the economy, dismantling companies and selling them off piece by piece. Venture capital is about funding 20 startups and hoping one of them becomes the next Google.
minus-squaremonotremata@lemmy.calinkfedilinkEnglisharrow-up8·1 day agoThey may have meant to say “vulture capital,” which is a term sometimes used for that kind of private equity firm.
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up3·1 day agoHuh, yeah, must have got my demons mixed up.
They’re basically running the US like venture capital, stripping the wiring from the walls.
I think you mean private equity, which act as the scavengers of the economy, dismantling companies and selling them off piece by piece. Venture capital is about funding 20 startups and hoping one of them becomes the next Google.
They may have meant to say “vulture capital,” which is a term sometimes used for that kind of private equity firm.
Huh, yeah, must have got my demons mixed up.