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On Wed, 4 Nov 2015 13:30:53 -0500, Keyser Söze wrote:
Ahh, life in the libertarian bubble...don't do anything. Are you just acting like you are obtuse or is it a reading comprehension problem? My point is the clear and present danger is not some theory about what may happen in 100 years but a real debt problem that could affect the whole world tomorrow. Just look at how fast the markets crashed over a little dip in housing prices. Within a couple of months, the banks didn't even think the houses they were using for collateral were valuable enough to foreclose on. The government's plan was to simply print more money to cover the debt the bailout created. I understand people like you see no problem with that but it is going to blow up on all of us eventually. The fact remains that the US is buried in debt and the left's answer is to simply lift our credit limit without actually showing any increase in income. That is exactly what caused the housing crash. So, your solution for global warming is to adapt ourselves to a hotter world (in other words, do nothing), and worry about the debt problem, instead. I get it. Is it unreasonable to worry about the imminent thing we can change and plan to adapt to the thing we can't change. In the short term, I'd be more worried about the decline of the middle class in this country and the lack of upper mobility for those in the lowest income levels. I think we'll have a violent revolution long before the world roasts us alive or debt buries us. Nothing would crush the middle class faster than an economic collapse. Just another recession like we had in 2009 would be a disaster since the government has pretty much emptied their gun. Oh, increase in income. Yes, that would be nice. What's your proposal for that? Get rid of environmental and food safety regs? Where do you think the money will come from? Are you just going to print some more? When all of this shakes out, we will end up with Jimmy Carter style "stagflation" where prices go up and income is still flat. There are plenty of people (including Bernie) who say the middle class is still reeling from that. |
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