To: jjsheridan5
Realistically, it is quite possible that we have passed the event horizon, and cannot defeat the left, at least not in the next couple of decades. They control too many institutions (including much of the Republican party), there are too many dependents, and governmental expansion tends to take on a life of its own, and has proven very difficult to even slow, let alone reverse.
Sad to say, I have come to the same conclusion. It will be the crushing and inevitable inertia of the welfare state that defeats them. The problem of course is, will it be reversible before the collapse. We have been subsidizing Eurosocialism for decades. There will be no one to subsidize us.
To the skeptical, I say: "Why is the IMF so concerned about whether we raise our debt ceiling?"
That's why. Continued subsidies.
To: 98ZJ USMC
The problem of course is, will it be reversible before the collapse.
That ship sailed in 2008, in my opinion. Voluntary paying the piper is no longer an option. Now we wait until we involuntary pay that piper, and the amount we owe has grown considerably larger.
It's not just the welfare state. It is also the debt, the housing bubble that was never allowed to deflate, the markets that have been rigged, the toxic assets that remain, the equity bubble that has formed, the interest rates that have been suppressed, the commodity bubble that has formed, the destruction of the small and medium size businesses. And, to top it all off, it is the fact that all of these are global phenomena.
We will be paying a much higher price than we would have if our nation hadn't acted like a spoiled brat in 2008.
There will be no one to subsidize us.
You have that right. When all of this gets involuntarily paid for (which always happens, eventually), most of the world will pay. Not only will they not subsidize us. They may be very, very, angry at us.
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