Where did all these posts come from! I'm going to just respond to
three four. I assume Trollheiming is sleeping now, since I didn't see any MODERATOR ACTIONS posted in the thread (and I read all the posts I had missed, which took... almost an hour, way more time than I should have wasted).
You disagree that the debt is $16 trillion and there's a breaking point somewhere when the interest keeps mounting? That's insightful. Do continue.
The US has been borrowing at negative real interest rates since 2010. That means they're effectively gaining money, not losing money, from interest on their debt, as a result of the interest rates being below inflation. There is no reason not to continue borrowing in order to rebuild the economy, and use increased tax revenues from the rebuilt economy to pay it off later.
Free education destroys the value of the product, but not the costs.
... So you want people to keep their value?
Is... is there even an opposing side to fiscal conservatism? I can't imagine somebody who would want to willingly increase the deficit spending.
Yes, but politicians have been too scared to say it because current propaganda has been "teaching" people that deficits are "a threat to your children."
For the counter-argument, see:
http://www.governmentisgood.com/articles.php?aid=30&print=1For me, I have a nice warm fuzzy feeling that citizens of the US appear to be moving away from the right wing "greed is good" thinking of the past.
Fox's election coverage people last night more or less went "We spent all this money on the election and what did we get? Nothing! Damnit!" One of their panelists (some of whom were democrats, and some of whom were republicans), I think, commented on how much good they could have done if it had been spent rebuilding New Jersey instead of wasting it on ads and the like.
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Topic: American Election Megathread - It's Over (Read 720861 times)