Quote:
Originally Posted by oldtimes
Whatever happens will hurt some people but help others. There is a 3.3 trillion dollar deficit and the money has to come from someplace so one way or another we are all going to pay.
|
I don't believe that 'the money has to come from someplace' is accurate. Our problem isn't generating enough income. The problem is that our government spends too much.
Our ruling class has absolutely NO intention of paying down the national debt. It's our great, great grandchildren that aren't even born yet that will pay the price for this country's reckless fiscal policies.
What I find ironic is that our push for 'green energy' is probably worse on our environment and our nation that fossil fuel production. An abundance of rare earth metals are needed for solar and wind energy production. Open pit mining is needed which ravages the land and, yes, takes huge amount of fossil fuels to perform. Most rare earth minerals needed come from China making us further dependent on that country.