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Coffee Shop
The Debt Ceiling
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<blockquote data-quote="inyati13" data-source="post: 1158998" data-attributes="member: 17767"><p>These discussions can be put in the same category as those that debate whether black cattle are better than red cattle. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" /> </p><p></p><p>The debt has become essential to countries like the US. If you don't create wealth by turning raw materials into something of a higher value, then one of the means to maintain the current standard of living is by running a debt. Democrats and Republicans know that. It is Economics 101. Neither party is willing to kick the bucket out from under all of us. Who wants to be the party that caused all the pain? The pain will come someday because the same economics that requires us to float a massive debt will ultimately exert pain in other forms. Like inflation! Inflation like this country has never experienced. It will be the inflation that drove Germany to start 2 world wars.</p><p></p><p>There is a solution, but it should have begun 40 years ago. That is returning to an economy that creates it own wealth. An economy that includes milling and smelting. Using your own raw materials and textiles to make the goods you sell and use. Making your own clothes, tools, metals, household goods, furniture, vehicles, etc.</p></blockquote><p></p>
[QUOTE="inyati13, post: 1158998, member: 17767"] These discussions can be put in the same category as those that debate whether black cattle are better than red cattle. :D The debt has become essential to countries like the US. If you don't create wealth by turning raw materials into something of a higher value, then one of the means to maintain the current standard of living is by running a debt. Democrats and Republicans know that. It is Economics 101. Neither party is willing to kick the bucket out from under all of us. Who wants to be the party that caused all the pain? The pain will come someday because the same economics that requires us to float a massive debt will ultimately exert pain in other forms. Like inflation! Inflation like this country has never experienced. It will be the inflation that drove Germany to start 2 world wars. There is a solution, but it should have begun 40 years ago. That is returning to an economy that creates it own wealth. An economy that includes milling and smelting. Using your own raw materials and textiles to make the goods you sell and use. Making your own clothes, tools, metals, household goods, furniture, vehicles, etc. [/QUOTE]
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