. Why don't we back our currency with our natural resources Ray ? Are natural resources valuable or not ? They are what fuels a nations economy, makes it move. Now what Trump is talking about with China and such is right, and that is a man made disaster where we have been idiots with our trade policies.. How are we broke, when we have more natural resources to back our currency than imaginable. We are the richest nation in the world, with some of the best climates in the world, but we're broke ? Man likes to build fences around money, and then they charge everyone to stay inside the fence. Yet just outside the fence there is a super wealth of natural resources to back this countries wealth or currency for another 200 years or more. Are we being lied to about the potential of this nation by control freaks?I use 'general fund' as shorthand for funds derived from taxation or other levies.But what if the nation decided - as a nation - to grant it as a right to everyone?
And agreed to fund it from the general fund?
What I'm saying before we get further into the weeds of ridiculousness is that there's no immutable law of nature...as far as I'm aware...to say that a nation of citizens can't grant themselves any right they choose to.
If the requisite procedures were followed what would stop the US from deciding that everyone of its citizens has the right to healthcare paid for from the general fund?
What general fund do you speak of? We are over 19 trillion dollars in debt and growing. Instead of discussing how we can possibly repay this debt, we are talking about spending even more and digging ourselves even deeper.
Like I said, once you involve government in our healthcare, it becomes politicized. That means it will be used as a tool for elections and reelections.
And I just want to reiterate that if people (as a huge majority) want this healthcare that you speak of, fine with me. I'm willing to go along with the majority, but we all have to pay for it.
That's why I suggested a consumption tax. We all pay for the care. It doesn't matter whether you're a millionaire, a prostitute, a drug dealer, a carpenter, everybody pays with a consumption tax, the poor, the middle-class, the well to do.
I say 20 cents on every dollar should do it. There would be no class warfare to speak of. The more you buy and the more expensive things you buy, the more you pay into the system.
That's fair.
Then you are talking about the federal budge which Congress makes out. They don't have enough money now to pay for the things we already have. Where are they going to come up with more?
You do realize that a deficit is the difference between the money coming in and the money going out, don't you? Well we have a deficit and have for a long time. We are spending much more than we take in.
We are broke. What does broke mean? Broke means no money. Broke means in debt. Broke means failure. I can't understand how people could support even more failure.
What natural sources are we talking about here? You don't back currency with natural resources. We are in debt, and I defy you to find me anything on the internet that states otherwise.