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Sat Apr 27, 2013, 06:47 PM

 

If Our Country is Going Broke ...

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Arrow 7 replies Author Time Post
Reply If Our Country is Going Broke ... (Original post)
Scuba Apr 2013 OP
LuvNewcastle Apr 2013 #1
unrepentant progress Apr 2013 #2
freshwest Apr 2013 #3
reformist2 Apr 2013 #4
timdog44 Apr 2013 #5
ReRe Apr 2013 #6
Wednesdays Apr 2013 #7

Response to Scuba (Original post)

Sat Apr 27, 2013, 06:59 PM

1. The other day I was trying to think of a country that went broke because

it gave too much to the poor. I couldn't come up with any.

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Response to Scuba (Original post)

Sat Apr 27, 2013, 06:59 PM

2. That's a horrible image macro

While it's heart is in the right place, it promotes a fundamental misunderstanding of our politico-economic system -- that the country can go broke. That's just not true. We have a fiat currency. The United States government can make as much money as it wants. While that might seem nitpicking, it's that very misunderstanding that politicians of both stripes, but especially the right, have been using for decades to deny essential services and necessary infrastructure. It's that misunderstanding that allows them to get away with so much. We shouldn't be feeding it, we should be tearing it down, and denying those who would use it to oppress the people.

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Response to Scuba (Original post)

Sat Apr 27, 2013, 07:08 PM

3. At least we'd go broke in style that way and not like an empire collapsing.

Our best hope for peace is setting a humane example. Empires are built on wars and deserve to fall.



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Response to Scuba (Original post)

Sat Apr 27, 2013, 07:13 PM

4. Net worth of all Americans: $66 trillion and rising.

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Response to Scuba (Original post)

Sat Apr 27, 2013, 07:16 PM

5. That is what my father would have said.

He was a minister of the Presbyterian sect. A lot of his parishioners had a hard time with that, but he did not care. It took me quite some time to realize he was a man before his time. To him Jesus was not the only way, but he was a good way.

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Response to Scuba (Original post)

Sat Apr 27, 2013, 08:39 PM

6. K&R

Hypothetically, I agree. But we must remember that the USA is not broke.

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Response to Scuba (Original post)

Sat Apr 27, 2013, 11:54 PM

7. K & R

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