Skip to main content

Political Stupidity


Political stupidity is suffered by all parties.  It is disappointing the quality of political leaders has declined to such low levels.  We have many leaders pursuing ideology, or money, or power, or all.  At least they know what they want. 

USA political plans and results. The vector forward. 

A. Goals.
Team A. Redistribution of wealth.
Team B. Creation of new wealth.

B. Action plans for Teams A & B.
Spend more money than you take in by borrowing.

C. Results for all.
Redistribution of not much and collective bankruptcy.
Yes, we will all go bankrupt together. 

Unless…

Our only hope is that the ultra-rich Chinese, Arab, and other foreign bankers, now owning about 30% of our debt, will not allow us to perish. Yes, we are becoming too big to fail. This could be.  Even today, economists are teaching this to our college students - precisely that the national debt will never NEED to be paid off and is thus not a worry. 

Factoids:
Current debt.  $22T or $22,000,000,000,000
Debt per taxpayer: $178,000
The percentage of debt to GNP* is 105.4%.
Debt per person: $62,000
Median income per person: $44,564**
Cost (2017) of national debt: $474,000,000,000

* The GNP, Gross National Product, is the value of all finished goods and services produced in a country in one year by its nationals. We now owe more than we produce.
** These numbers depend on which agency reports them, the ages of folks included, the period measured, etc.
=================================
Found in my last fortune cookie:  “You will soon buy a fortune cookie company.  Good luck.” 

Labels:

Comments

Post a Comment

Please Comment.

Popular posts from this blog

Accepting Fake Information

Every day, we are all bombarded with information, especially on news channels.  One group claims it's false; another calls it the truth. How can we know when to accept it or alternatively how can we know it's false? There are several factors which influence acceptance of fake or false information. Here are the big four.  Some just don’t have the knowledge to discern fact/truth from fiction/fact/false*. Some fake information is cleverly disguised and simply appears to be correct. Some fake information is accepted because the person wants to believe it. Some fake information is accepted because there is no other information to the contrary. However, the acceptance of  information  of any kind become a kind of  truth , and this is a well studied topic. In the link below is an essay on “The Truth About Truth.” This shows simply that what is your point of view, different types of information are generally accepted, fake or not.   https://www.linkedin.com/posts/g-donald-allen-420b03
Post a Comment
Read more

Your Brain Within Your Brain

  Your Bicameral Brain by Don Allen Have you ever gone to another room to get something, but when you got there you forgot what you were after? Have you ever experienced a flash of insight, but when you went to look it up online, you couldn’t even remember the keyword? You think you forgot it completely. How can it happen so fast? You worry your memory is failing. Are you merely absent-minded? You try to be amused. But maybe you didn’t forget.   Just maybe that flash of insight, clear and present for an instant, was never given in the verbal form, but another type of intelligence you possess, that you use, and that communicates only to you. We are trained to live in a verbal world, where words matter most. Aside from emotions, we are unable to conjure up other, nonverbal, forms of intelligence we primitively, pre-verbally, possess but don’t know how to use. Alas, we live in a world of words, stewing in the alphabet, sleeping under pages of paragraphs, almost ignoring one of
Post a Comment
Read more

Is Artificial Intelligence Conscious?

  Is Artificial Intelligence Conscious? I truly like the study of consciousness, though it is safe to say no one really knows what it is. Some philosophers has avoided the problem by claiming consciousness simply doesn’t exist. It's the ultimate escape clause. However, the "therefore, it does not exist" argument also applies to "truth", "God", and even "reality" all quite beyond a consensus description for at least three millennia. For each issue or problem defying description or understanding, simply escape the problem by claiming it doesn’t exist. Problem solved or problem avoided? Alternately, as Daniel Dennett explains consciousness as an account of the various calculations occurring in the brain at close to the same time. However, he goes on to say that consciousness is so insignificant, especially compared to our exalted notions of it, that it might as well not exist [1] . Oh, well. Getting back to consciousness, most of us have view
Post a Comment
Read more