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Joined: Jun 2006
Posts: 46,015
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Jun 2006
Posts: 46,015 |
The coronavirus, shutdowns,and our federal government's response has laid bare the biggest problem we have as a nation.
And that is, while the federal government prints money and makes plans to print more, states, municipalities, tribes, race-based organizations, trade organizations and advocacy groups seem interested in one thing---making the case that they're particularly hard-hit and lining up to get their "fair share."
Not many are asking "how the f*ck are we going to pay for this," or "how will this affect us long-term."
A wise man is frequently humbled.
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Joined: Sep 2011
Posts: 60,721
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,721 |
Oil up the printing press, and shift to a higher gear.
Get your name on some real estate, pay it off with cheaper dollars, or sell at a higher price.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Oct 2010
Posts: 7,675
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,675 |
That is a problem, but it isn’t a primary cause to be fixed. The fact that a private organization exists to execute such absurd monetary policy isn’t quite a primary cause but it can be easily fixed.
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Joined: Jan 2007
Posts: 2,059
Campfire Regular
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Campfire Regular
Joined: Jan 2007
Posts: 2,059 |
"Never let a good crisis go to waste".
There is nothing made by man, which cannot be broken by woman.
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Joined: Dec 2013
Posts: 44,120
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,120 |
As we stand now, we are a relief-based society. Worker bees are, at best, second level consideration and not nearly as important as recipient voters.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Nov 2003
Posts: 67,678
Campfire Kahuna
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Campfire Kahuna
Joined: Nov 2003
Posts: 67,678 |
The recipient class always drives the request for more.
Sam......
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Joined: Dec 2016
Posts: 5,740
Campfire Tracker
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Campfire Tracker
Joined: Dec 2016
Posts: 5,740 |
Givers need to watch what they give, because the takers don't!
It isn't what happens to you that defines you, it's what you DO about what happens to you that defines you!
NRA life member
Illinois State Rifle Association member
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Joined: Jan 2016
Posts: 95,642
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,642 |
Gov of Co yesterday on TV with Trump only wants a measly $ trillion for his dimocommie dopeheads.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,642
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,642 |
Givers need to watch what they give, because the takers don't! Hey, dont you be looking at the boxes of $4.50 sugared corn flakes, Gatorade, OJ, steaks, shrimp, oysters, etc bought on the Lone Star Card. Dats racialista.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2001
Posts: 29,818
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 29,818 |
We will pay via inflation.
1Minute
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Joined: Oct 2008
Posts: 5,312
Campfire Tracker
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Campfire Tracker
Joined: Oct 2008
Posts: 5,312 |
Gov of Co yesterday on TV with Trump only wants a measly $ trillion for his dimocommie dopeheads. Please Jag , we Coloradans are embarrassed enough about our "semen friendly" governor. calling attention to the fact only depresses us more. i can finally understand what it feels like to be a conservative in CA.
.... like tears in the rain
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Joined: May 2013
Posts: 1,520
Campfire Regular
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Campfire Regular
Joined: May 2013
Posts: 1,520 |
Tstates, municipalities, tribes, race-based organizations, trade organizations and advocacy groups seem interested in one thing---making the case that they're particularly hard-hit and lining up to get their "fair share."
Not many are asking "how the f*ck are we going to pay for this," or "how will this affect us long-term." That's not a problem that's limited to the U.S. but rather humans in general, the vast majority of people are concerned with their own personal well being rather than what's good for the whole particularly if they think they can get something for nothing
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Joined: Sep 2001
Posts: 19,044
Campfire Ranger
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Campfire Ranger
Joined: Sep 2001
Posts: 19,044 |
What we should be working on are ways to make our supply chains for essential items like food, power, medicine, more flexible to meet changing points of demand, and less dependant on foreign countries.
It's also a huge mistake to let foreign entities own and control our food supply chain, ala Smithfield being owned by the Chinese.
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Joined: Jan 2010
Posts: 6,198
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,198 |
Inflation is going to be brutal at some point.
ONLY way to pay. Or cancel it and go to war over it.
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Oct 2008
Posts: 18,158
Campfire Ranger
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Campfire Ranger
Joined: Oct 2008
Posts: 18,158 |
We pay the way we always have...world war
TRUMP- GABBARD 2024
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Joined: May 2015
Posts: 2,099
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,099 |
I keep hearing about MMT. Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries like the U.S., U.K., Japan and Canada are not operationally constrained by revenues when it comes to federal government spending. In other words, such governments do not need taxes or borrowing for spending since they can print as much as they need and are the monopoly issuers of the currency. https://www.investopedia.com/modern-monetary-theory-mmt-4588060Liberalism at its core.
Last edited by erikj; 05/14/20.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Dec 2005
Posts: 9,568
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2005
Posts: 9,568 |
Dems are looking this as a way to break the bank. Ruin social security, Medicare and Medicaid. Vets won’t get a dime from a broke government either. All about controlling us all.
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Joined: Feb 2011
Posts: 26,389
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 |
The government doesn't print any money.
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Joined: Jun 2006
Posts: 46,015
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Jun 2006
Posts: 46,015 |
Gov of Co yesterday on TV with Trump only wants a measly $ trillion for his dimocommie dopeheads. It's not just Colorado. Unless you're saying Texas is gonna refuse federal aid??
A wise man is frequently humbled.
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Joined: Nov 2003
Posts: 28,411
Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Inflation is going to be brutal at some point.
ONLY way to pay. Or cancel it and go to war over it. Neither. There’ll be a worldwide monetary reset by the G 8 Nations with debts forgiven and wiped off of the books.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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