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I think it's drifting further from even that. The people have discovered they can vote OPM to themselves and their pet causes. ICE now has a budget 4x the siz
by mothballed 9mo ago
I think it's drifting further from even that.
The people have discovered they can vote OPM to themselves and their pet causes. ICE now has a budget 4x the size of the marine corps. SS fund is on its way to bankruptcy. Corporations get all kinds of subsidies. Farmers get their own subsidies. And it goes on and on.
Meanwhile the national debt just keeps going up.
As each guy pays more OPM to the next guy he keeps asking more for more OPM for himself to cover the OPM he's losing to others. Eventually the portion of the economy that is one big circle jerk ratchets up and then if it goes on too long the whole thing collapses.
- direwolf20 9mo agoDebt is the flip side of money, and most governments make sure they have enough debt so that everyone has money. The US is the global reserve, so it has to print enough money for the whole world, not just its own citizens.