Thanks to those that debated with me on my previous posts on the subject of national debt, the responses have helped me to hone my arguments and hopefully phrase things in a more convincing way in my latest post:
Good article! Yes, we’re suffering the consequences of Keynsian economics. And as you point out, the further into it we sink, the harder it is to change course. Sad that even the mention of privatizing healthcare spells doom for a candidate.
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Thanks Liz! Yes Keynesian economics seems to have the upper hand these days, the belief in the Magic Money Tree is strong. It’s going to take a collapse for people to come to their senses unfortunately, and TPTB seem all too eager to precipitate that ASAP.
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Socialism - aka the welfare state - is unaffordable. Ever. Anywhere.
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