In reponse to, Just when you thought the GOP legislature couldn’t get any slimier… « The Progressive Pulse
Banana Republics are what happens when socialist welfare states fail. Central planning (socialism) doesn’t work, look it up, neither does welfare (paying people to not work) doesn’t work, see Jamestown.
Regardless of the cause, or whether you agree, or not, we still end up with a police state.
The repubs and the dems are not different in this regard, see NC recent history.
Ron Paul is the only alternative to the status quo, if it’s not too late already.
What happens when the debt ceiling is raised, and no one buys treasuries? The Fed buys them, diluting every other dollar in the money supply. What happens when the feds can no longer meet their obligations, social security checks don’t go out. So, it’s either cut spending and quit borrowing, or inflate away the debt, or both. My expectation is that the feds will continue to borrow and the Fed will continue to monetize the debt, neither of which can be regarded as “promoting the general prosperity”
But, you stick with the tired old arguments of partisan politics. It’s not at all counter productive.
Or better yet, just bury your head in the sand and ignore that light at the end of the tunnel.
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