Problem is we have become an incredibly risk averse country. We want government to help us out of every little bump and scrape.
Thane_Banquo: “Problem is we have become an incredibly risk averse country.”
Definitely! That’s the same thought process that said the war was lost after we’d suffered 5000 casualties. Unfortunately, our political class is very adept at feeding on our fears in order to stay in power.
That’s it in a nutshell.
For some reason, everyone just went through the poppy field and ignored the tech bubble of the 90s and bought into the banking bubble of the 00s. What next? Whatever bubble it is, tulips, Barbies, or Beanie Babies, Americans will suck it up as long as they make quick cash and then whine and squeal about it when they go broke because they were never educated on the basics of finance and economics in high school.