Is increasing economic inequality inevitable without catastrophe?

GoNoles85
Tue, 09 May 2017 23:46:27 +0000

Thanks for posting this @ucbalumnus. I didn’t actually read the link, to be honest. I am amazed this post has 198 views whereas some of these other trivial “hey, girlfriend” posts have 5.5 thousand. I agree with Mass’s post that we are basically a bigger version of Greece, and have said the exact same thing to people I work with, and have the exact same concern about when people will stop “believing” in the US and buying US debt so that the bloated government can make ends meet. When that happens the interest rates needed to attract investors to our debt will balloon and that is going to cause the kind of pain and suffering in this country that you don’t want to see. We have deficits and debt and we are a country of morons being run by even bigger morons.

That is my honest opinion.

I think the root causes of our decline as a nation is going to be pure laziness. People want the government to wipe their butts, literally, they want the government to get them jobs and pay for their education, and everything else but they absolutely do not want to pay for the taxes need to pay for it all. Oh yeah, they want the government to pay for health care also. It is a “right.” Yet another entitlement. Why not? How can one more entitlement hurt at this point?

There probably be a limited nuclear war which will lead to a bigger one. It will probably start with some bozo country like North Korea and then escalate with the US vs China or Russia or something similar. We almost have no choice but to help other countries across the world pay for their defense yet we have very few real allies across the world. We have far more countries who hate us with a passion than we have friends. We also have numerous bribes under the guise of “aid” to numerous places across the world to keep people in line which is like building a caste on the sand in low tide.

People just don’t want to earn things anymore. Not the majority anyway. People want instant gratification on almost anything. I guess I am a little bit dark about our nation’s future. But that is the way I see it. The fact that we already owe $20T in debt and have so many problems, we have a failing education system that is too expensive and ineffectual, we have inner cities that are war zones, we have major problems in basic things like the police forces, etc etc it is just really hard to picture things getting better for my kids than they are for me. I totally agree with the comments that we have to work harder and harder but still need debt to have a middle class standard of living and no one seems to be even talking about it all. It’s the new normal.