We're $19,000,000,000,000 in debt, just officially on paper and just on the federal level. This doesn't count obligations that haven't been added to the balance sheets, state debts, local government debts, etc.
Our government can't keep spending more money than we have, especially not at growing rates of the size of deficits.
"Tax the rich" you say?
All of the wealth could be confiscated from "the rich" and the debt and spending would still be a problem. In fact, it would be even more of a problem because in the following years, "the rich" would be generating less economic growth, less tax revenue, and there would be more people "in need".
The cold, hard fact is that at least one of these things must happen if our nation is going to survive:
1. Government spending has to be cut significantly, and the way government budgets going forward has to change. Slashing spending on the military will not satisfy this need.
2. The federal government has to sell off land and other assets and generate more revenue (through oil drilling, for example) on some of the land it doesn't sell.
3. We need to either birth and raise enough children or import enough immigrants (immigrants are people who come to stay, not people who come here for certain benefits and then return home) who'll end up contributing more tax revenue than they'll take. With immigration, it must be taken into account whether or not these individuals either were a net cost in USA tax revenue (through receiving foreign aid) or generated a net in USA tax revenue (through buying goods and services of American businesses) when they were living in other countries. It will be better, on a global scale, to birth our own new Americans rather than moving producing individuals from other countries to here.
I understand that Leftist policies and philosophies are in conflict with those three times in the following ways:
1. Leftism demands increasing government spending. If not directly, by insisting on more and larger government programs.
2. Leftists would rather the federal government increase its land holdings and would rather NO business use such land, especially because Leftists consider such activity an environmental threat.
3. Leftists are fine with immigration, but encourage immigrants to favor larger government. Leftists are more likely to see children as people who should be de facto wards of the state most of the time, as parasites or abusers of the environment (if only through their parents' actions), as burdens, as hindrances to the empowerment of women, as things to be aborted. All one has to do is look at western Europe, which is thoroughly Leftist, to see that the birth rate does not even replace the population.
If you care about the USA having a future the only logical solution is to adopt one, both, or all three of these conservative or traditional & limited government principles:
1. Making government smaller and more limited government.
2. Selling off government/public assets and/or access to land.
3. Making more babies and raising them to avoid consuming as many tax dollars as they generate and who will also vote for smaller, limited government.
Unless we produce it from scratch ourselves, everything we receive, whether goods or services or money, has been generated by someone else. Either we use voluntary transactions to get these things, or we use force, which means government force or crime, to get these things. Even if you are content to increase confiscation for your personal benefit, we, collectively, simply can't function if there is consistently a higher overall consumption than overall production. There will be less production if producers are punished with more confiscation and decreasing freedom to engage in, and benefit from, voluntary transactions.
Our government can't keep spending more money than we have, especially not at growing rates of the size of deficits.
"Tax the rich" you say?
All of the wealth could be confiscated from "the rich" and the debt and spending would still be a problem. In fact, it would be even more of a problem because in the following years, "the rich" would be generating less economic growth, less tax revenue, and there would be more people "in need".
The cold, hard fact is that at least one of these things must happen if our nation is going to survive:
1. Government spending has to be cut significantly, and the way government budgets going forward has to change. Slashing spending on the military will not satisfy this need.
2. The federal government has to sell off land and other assets and generate more revenue (through oil drilling, for example) on some of the land it doesn't sell.
3. We need to either birth and raise enough children or import enough immigrants (immigrants are people who come to stay, not people who come here for certain benefits and then return home) who'll end up contributing more tax revenue than they'll take. With immigration, it must be taken into account whether or not these individuals either were a net cost in USA tax revenue (through receiving foreign aid) or generated a net in USA tax revenue (through buying goods and services of American businesses) when they were living in other countries. It will be better, on a global scale, to birth our own new Americans rather than moving producing individuals from other countries to here.
I understand that Leftist policies and philosophies are in conflict with those three times in the following ways:
1. Leftism demands increasing government spending. If not directly, by insisting on more and larger government programs.
2. Leftists would rather the federal government increase its land holdings and would rather NO business use such land, especially because Leftists consider such activity an environmental threat.
3. Leftists are fine with immigration, but encourage immigrants to favor larger government. Leftists are more likely to see children as people who should be de facto wards of the state most of the time, as parasites or abusers of the environment (if only through their parents' actions), as burdens, as hindrances to the empowerment of women, as things to be aborted. All one has to do is look at western Europe, which is thoroughly Leftist, to see that the birth rate does not even replace the population.
If you care about the USA having a future the only logical solution is to adopt one, both, or all three of these conservative or traditional & limited government principles:
1. Making government smaller and more limited government.
2. Selling off government/public assets and/or access to land.
3. Making more babies and raising them to avoid consuming as many tax dollars as they generate and who will also vote for smaller, limited government.
Unless we produce it from scratch ourselves, everything we receive, whether goods or services or money, has been generated by someone else. Either we use voluntary transactions to get these things, or we use force, which means government force or crime, to get these things. Even if you are content to increase confiscation for your personal benefit, we, collectively, simply can't function if there is consistently a higher overall consumption than overall production. There will be less production if producers are punished with more confiscation and decreasing freedom to engage in, and benefit from, voluntary transactions.
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