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

Behavioral Science and Problem-Solving

I.                                       I.                 Introduction.                Concerning our general behavior, it’s high about time we all had some understanding of how we operate on ourselves, and it is just as important how we are operated on by others. This is the wheelhouse of behavioral sciences. It is a vast subject. It touches our lives constantly. It’s influence is pervasive and can be so subtle we never notice it. Behavioral sciences profoundly affect our ability and success at problem-solving, from the elementary level to highly complex wicked problems. This is discussed in Section IV. We begin with the basics of behavioral sciences, Section II, and then through the lens of multiple categories and examples, Section III. II.     ...
Post a Comment
Read more

UNCERTAINTY IS CERTAIN

  Uncertainty is Certain G. Donald Allen 12/12/2024 1.       Introduction . This short essay is about uncertainty in people from both secular and nonsecular viewpoints. One point that will emerge is that randomly based uncertainty can be a driver for religious structure. Many groups facing uncertainty about their future are deeply religious or rely on faith as a source of comfort, resilience, and guidance. The intersection of uncertainty and religiosity often stems from the human need to find meaning, hope, and stability in the face of unpredictable or challenging circumstances. We first take up the connections of uncertainty to religion for the first real profession, farming, noting that hunting has many similar uncertainties. Below are groups that commonly lean on religious beliefs amidst uncertainty.   This short essay is a follow-up to a previous piece on certainty (https://used-ideas.blogspot.com/2024/12/certainty-is-also-emotion.html). U...
Post a Comment
Read more

Mediocrity

 Once of the worst things that can happen to a young person is to be told their mediocre performance is good. For me, I was told the opposite, that my efforts would end me in failure. That was a spur that dug in deep. I would prove him wrong.  And I did.  Do not praise mediocrity, no matter how much it makes you feel good or your target. 
Post a Comment
Read more