I agree with you - I wrote this on another thread, but it is true across the board!
It’s all going to crash. We are all Detroit. Detroit is a window into our future.
The Fed government is borrowing almost half of every dollar it spends. When necessary the Fed prints money to keep it going. They can’t afford to stop printing money and that creates inflation - it’s a killer for everyone. The democrats lead the charge and the republicrats - in the name of bipartisanship and compassionate conservatism go along with it at a slower pace, but they still do it too.
We won’t stop spending money we don’t have and instead of sharing the pain we created with our children we are dumping the whole mess on them. Read a social security thread on this forum (a bastion of conservatism) and read the remarks - they were promised something and they are going to get it no matter what! This is why we will print/borrow our nation into oblivion. The checks will keep coming until they don’t buy a bag of groceries. What then?
We will all be Detroit soon! Most folks do not recognize that much of our nation is doing the same thing as Detroit albeit on a smaller scale. Most folks ignore that our Fed government is doing the same thing as Detroit on an unprecedented scale. A scale that will impact the purchasing power of every dollar and impact the entire world economy in ways we cannot imagine. Detroit was the maximum application of progressive policies. Detroit lost revenue and increased spending. They borrowed to make up for lost revenue until they could borrow no more. They would have printed money to maintain the lie if they were allowed. They ran industry out of their city by making industry unaffordable. Sound familiar?
People will demand they get what they were promised and our children and future generations will have to pay for it!
Yes- so look for states now, who are rejecting the allure of the federal government .
Last Nov, I was deeply depressed about the fate of the country. I was going to give up on the GOP all together. I was going to quit all my Republican groups.
I decided at the last min, to leave open my ears to the GOP here in North Carolina. That was a good choice for me.
I started to attend many more local and state government discussions, and I found out that the GOP in NC is pretty conservative, and had decided that after a sweeping victory for the Republicans (see conservatives) here, that the first thing we had to do was give everything back to the feds and take no more money.
That is why the NCGA just took control of the Charlotte Airport. That is a big deal. Just to button up the possibility that the feds will come in and “bail us out” and put us into bondage.
The Democrats want that bondage. They do not care that it leads to bankruptcy. They do not care, and yes, they believe that they can take you with them, and that pleases them.
They really do not believe that you are entitled a choice about it, and that is why they call us hateful things when we separate from them.
No. We need to go lean before we take anything more from the feds.
So that is the game plan here in NC. Watch closely to what we are doing here. Some very thoughtful people are leading this state.
We hope we lead the way for other states.