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by monkeydreams
2001 days ago
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Countries aren't households. They don't retire. They don't have to pay for services in some other authority's scrip. And here is the important part - they don't have the same debt pressures as people. 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. |
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However even with all this government oversight, lots of regulation, and very large budget, they haven't been able to make a dent in the major problems like homelessness. Are they doing something wrong?