Originally Posted by
Some Stupid Japanese Name
Well, we're cutting taxes so I don't expect any help there.
Does the government think we're too big to fail? Are the people in charge too busy filling their own pockets now to care about tomorrow? Are we too free? I watched a John Oliver bit a few days ago, and there were people that have been bailed out to the tune of several hundred thousand dollars (or millions even) because their house is in a stupid place and they either can't leave (because the money is for repairs, not buyouts) or won't leave (because this here is ware i dun growed and taint leafin'!).
Are we going to be hauling wheelbarrows full of hundred dollar bills to buy bread or am I just being chicken little?
Technically we are too big to fail. The problem is you're looking at national debt the same as personal debt. It's not at all the same, as the gov't can technically print enough money to pay it off anytime it wants.
Not that would be a good idea, but that just highlights how different they are. That's not to say running up endless debt is good either, as that leads to inflationary issues. Currently inflation isn't an issue so more debt isn't a big issue right now, but there do need to be limits as it can start to cause inflation.
That said, this fucking tax cut with it's 1.5 trillion deficit is stupid as fuck all and will probably cause issues. The cost to recover from the disasters is nothing compared to that crap.
You sir, are a hideous hermaphroditical character which has neither the force and firmness of a man, nor the gentleness and sensibility of a woman.
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