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April 11, 2016
We sowed the wind for decades; we will reap the whirlwinds,
but we have some control over how long that will be. That’s easier to do if we’re rich than poor. We are in a Depression and have been for some time; and each man, woman, and child owes at least $50,000 to the US Government; that’s $200,000 for a family of four. Clearly not all can pay their share, meaning the some of us must pay more. There are not many ways out of this. The easiest is to grow our way out; we have the computers and 3D printers and robot manufacturing tools to do it – look at what we did in 1941-44 – but it is going to take that kind of effort. We spent the money to rebuild the infrastructure, but it was used for the primary purpose of government: to hire and pay government workers and pay their pensions. That much was done.
It did not build infrastructure, new bridges, fix pot holes, build border fences, or much of the other stuff that needs doing. Bailing out Goldman-Sachs was important because it was important to the ruling class. Now we have to look to the rest of the people: to let them work while there is still a work ethic among most of the work force. Given our rotten schools and the permissiveness culture, the work ethic won’t last all that much longer. -- Chaos Manor – Jerry Pournelle
Posted by gerardvanderleun at April 11, 2016 9:33 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
He's right. Unleash the momentum of the ship of the economy. Just look at the money we leave on the table: the forests, mining, ranching, farming. Trade deficits, Trump's big thing, could be turned around. Labor force? HFS. Put America back to work. Heads will spin (and Obama's head will ex p load).
A better environment for entrepreneurial expansion. No one could possibly compete. Farking Russia and China are as innovative in no way. They copy and have nothing new to bring. I say make them cower and come around with hats in hand looking for handouts.
Posted by: Casey Klahn ![[TypeKey Profile Page]](http://americandigest.org/sidelines/nav-commenters.gif)
at April 11, 2016 8:31 PM
"....each man, woman, and child owes at least $50,000 to the US Government...."
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Since he's just making stuff up, I'm gonna make stuff up too: The gov't owes me $100,000,000.00 right now and the total amount doubles on the 1st of Jan in each subsequent year after 2016.
They can start by auctioning off the Washington monument, Lincoln memorial, the national parks, etc.....
Posted by: ghostsniper at April 12, 2016 4:31 AM