[ExI] Why is “cost of living” such a big problem?

[John Clark]

On Tue, Nov 3, 2026 at 10:48 AM Brent Allsop via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

*> I agree with spike.  There must be a free market for medical R&D and
> people should be able to get obsenely rich by being successfull in this. *
>

*I agree with that too. Unlike the MAGA (tariffs are great) people, I am a
free market capitalist, and that is not in contradiction to being in favor
of a tax on trillionaires. A century ago people said an income tax would
destroy capitalism. It didn't. And neither will a tax on trillionaires.  *

* > My understanding is that most medical developments occur in the US. *
>

*10 years ago that was overwhelmingly true but today, after 10 years of
MAGA Republicans (most of whom think The Flintstones was a documentary)
dismantling scientific research and development budgets, the science gap
between the USA and China is now extremely thin.  *


> *>**We simply need to find a way to ration all this great stuff, and be
> Ok with only a few getting it at first, untill we can afford it for
> everyone.  But until then....*
>

*... let them eat cake? *

*John K Clark*
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