We The American Sheeple Must Deal With Our People
August 17, 2009
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I had a very interesting dinner tonight with a very intelligent and successful psychologist and her over educated Ivy League University Professor husband. The evening was going along in an uneventful fashion until Alstry posed the following question:
How can we as a nation continue to support 100,000,000 citizens when the remaining citizens do not generate enough income to support those citizens under the current structure of our economy?
If another country tried to simply monetize its citizens' consumption, we would immediately clamp down and place very burdensome restrictions on that nation's banking system. In The Great Depression, America NEVER printed money out of thin air to offer our unemployed citizens a social safety net....and relatively speaking, the number of people in need in The Great Depression was much less than today.
It is amazing we are talking about health care "reform," when we as a nation are not earning enough under the current structure for 100,000,000 of our own citizens. How can you talk about health care reform when you have to borrow to support over 1/3 of your population while running over a $2 Trillion dollar deficit?
It is a very interesting commentary on the priorities of our society and the failure of our government to deal with the single most important issue to ever face our nation.
Back to the dinner with two highly educated and successful people, after a protracted period of silence following the question, niether one had a clue how to solve such a massive issue.....do you?
What is even more amazing, niether had even contemplated the problem before our dinner.....what does that say about the priorities of our nation when its government has potentially unlimited taxing authority?