To really address the debt will require a nationwide effort with a virtual mobilization and sacrifice of the entire populace that would be akin to the mobilization of the public during World War II.
It would be the best thing for this country economically. However, we are so fractured, I doubt it would work.
It doesn't help that the two major parties are more concerned with the White House then the problem. Maybe if Obama wins, he can do it as a second termer.
So the solution is to build equipment and machines even though there is no or little market for them?
What is it with you libs and "sacrifice"?
Is misery your ultimate achievement?
Sacrifice is what makes this country work. The goofy Randian philosophy of unfettered selfishness of ultimately flawed. Someone has to be willing to lay their comfort and safety on the line and to sacrifice their time and perhaps their lives to ensure a society where the capitalist can amass wealth. Capitalism can't survive without stable infrastructure.
A stable nation is the anti-thesis of misery. True misery is power in the hands of the guilded few who have no interest in anyone else. It is socieities like that where failure is assured as the have nots become increasingly dis-enchanted and eventually violent. Why did the Czar fall? Why has every Monarchy in Europe fallen? What gave birth to the philosophy of communism?
The stupidity of objectivism is that it assumes that there will always be dumb rubes who will muddle around in the lower classes to do these jobs while the pathologically selfish can amass vast wealth.
"Sacrifice" used to be viewed as a positive thing in this country. Now it is viewed as a "sucker's bet". Ironically, while slapping the boys and girls in uniform on the back.
The sacrifice I am talking about, raising taxes in the common goal of financial freedom, is trivial when stacked up next to asking a young man or woman to go to Afghanistan or Iraq for a year to sweat it out.
Yet, you would think people were being asked to give up their first born son.
If our country collapses, it will ultimately be because we are too ******* greedy to recognize that you can't have it all.
Then again, after being told we could fight wars in two nations without any economic sacrifice (and people believing that), I have lost a degree of faith in our pragmatism.
Guess what? We have a hefty bill to pay now for our military adventurism. It didn't go away because Bush told you he wouldn't raise your taxes.
Bush just left it up to someone else to pay for his wars.