|
|
|
|
|
by DamnYuppie
2001 days ago
|
|
Please help me understand this. We have a collective government that has more money than any other country EVER. Yet they can't balance a budget and are massively in debt. If you have people who are very bad at spending money giving them more money isn't going to solve any of their problems. We have corrupt officials who are well entrenched in their positions who profit off of it by selling out their constituents to their donors. More government isn't the answer. Less government better run and regulated is the key. |
|
It is well and good for a country to accumulate debt for meaningful ends so long as the interest on that debt can be serviced. Hold the debt long enough and inflation will "pay off" the capital for you.
The belief that "Less Government" is anything other than a point at which thought stops and rationalisation begins is one I cannot grasp. There is mountains of data and counter-examples but people just stop up their ears, screw shut their eyes and thrust their heads downward hoping to find sand. Lack of regulation, particularly around poltics itself, leads to corruption and misrule. Lack of investment can lead to wastefulness.
More and stronger government is the answer to much of the UK's and US's issues in particular.