Im pretty sure universities only became expensive once student loans got subsidized and every 18 year old kid in America could jump 100k in debt at the taxpayers expense.
Money is just a mechanism for resource allocation - there are many unemployed people, and there is much infrastructure that needs fixing (not just physical infrastructure, but also social infrastructure). Let's allocate those resources, through government direction if necessary, and sort out the money stuff later.
The Fed has changed policy, 2% is not a maximum anymore. With as much government debt as we have now, inflating it away is the only realistic way to get rid of it.
Higher inflation reduces debt over time. You take on a mortgage and 10yr later paying it is cake because the debt doesn't track inflation whereas your pay does.
Lot of countries around the world intentionally debase their currency to stay competitive. It's a valid monetary instrument. In the short term, currency debasement would lower the standard of living of Americans, but it would make their labor competitive.
This is a faliure of Keynesian economics. The moment the government had the privilege to spend beyond its means was the moment it ditched savings and high interest rates. Now that were actually in a crisis it caused us to have even less savings and more debt than without a federal reserve.
Can you explain what it is you think the government spent on beyond its means? ie is it one of these:
- trillion dollar wars, and in general, multi-trillion dollar military expenditure
- subsidized private health insurance (as opposed to a more streamlined/wholesale universal healthcare plan)
- social security fund that leaks value over time
- massively bailed out banks
- widespread quantitative easing
In my humble and probably misguided understanding of Keynesian economics, you would want the government to fund e.g. a federal jobs guarantee during a recession.
Like, if you had a recession, pay one set of people to dig a hole, and another set of people to fill it up again, because then at least money would still propagate throughout the economy.
But I'm not certain that these huge expenditures (above) really did much to help worker or city solvency. Basically unless you are one of the government's top clients, don't expect it to pick up a check pad.
I guess I can sort of see how you're saying that it may have been Keynesian-esque for all these various industries but it's certainly not that Keynesian for the little guy.
When I used Rider at my last job, it would pick good auto defaults that you could customize based on the project configuration, including automatically generating IIS express configuration values.
Are there more explicit downsides you can mention?
JetBrains' IDEs have built-in update managers. They present you each plugin, giving you a tick-box of which ones to update. The Toolbox app manages the IDEs, allowing to update automatically or not, install pre-releases, and roll back. It's polished.
The IDEs use the established desktop UI norms of toolbar menus.
They come with pre-defined 'Run' templates for many languages/frameworks.
There is a single Event Log for output of updates etc.
The left menu has words so I know what the icons mean, and isn't obnoxiously large due to over-use of large icons.
I agree its good for a single framework. But the amount of features/ui for things I'll only use once on a blue moon is too high. I'll take config files and shell commands over multiple layers of buttons and menus any day of the week.
