Today, the powers that be are in the know, or are just too incompetent to fix it...and as the author states, and Ive seen many others state, you cant have a group of people that large, make 100% WRONG decisions w/o it being purposeful...
IMO, they KNOW the bridge is about to collapse, and KNOW that a 'million bucks' aint gonna buy a loaf of bread shortly, so they are hedging and leveraging everything towards becoming trillionairs [thats 12 ZEROS] to have some power in the aftermath...
gilbo, who thinks that all the lies of our 'representatives' have sentenced my kids to suffer while I fight for the rebuilding the new USA in Glory to God...
Hopefully, the suffering will be short. The sooner the gov’t realizes this isn’t fixable, the sooner we can start to build the New America. If not, we will spend years trying to get the deficit under control, and it just can’t be gotten under control without printing money, IMHO. And, I hope I am wrong.
But think about taxes as a % of GNP. 20% of GNP on top of current taxes would pay off the “little deficit” in five years. Which would break business in this country for 5 years, which would increase the deficit even more.
But that doesn’t touch the “BIG DEFICIT” of unfunded medicare/medicaid or social security. This is anywhere for 50 to 100 trillion from numbers I have read. We may have to have nat’l health care just to survive, because who knows how many of us are even going to be working.
But on the bright side, in the New America, we will probably have time for family again and those of us who want to be poets, will have plenty to write about.
parsy, who shot an arrow in the air, it came down hard into his hair, and would have killed him except that, it was deflected by his tinfoil hat.