Reply To: Could there soon be big changes in United States Public Health Policy?
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“People such as Vivik Ramaswamy, John Ratcliffe, Pete Hegseth, Marco Rubio, all have made comments indicating hawkishness towards either Iran and/or China. Noteworthy comments indicating possible deployment of the fleet to the Pacific.”
I’m not sure what comments you are referring too, but remember, even when Trump had a bunch of war hawks in his first cabinet, he still didn’t start any new wars.
“The American economy seems to have war and the weapons of war as a supporting pillar. Yet financially a conflict with these countries seems foolish at this point in time with debt rising at a rate of one hundred thousand dollars per second. Tax revenues sits at about four point six trillion, but servicing the debt sits at around two trillion. There has to be cuts coming and I would expect that one would start with the places where the most money goes to, in this case the defence budget, and healthcare.”
While I do hope there are cuts in Government spending, as a lot of it is unnecessary and completely wasteful, the truth is, there doesn’t have to be ANY cuts in spending, EVER. The borrowing could, theoretically, go on to infinity. And really, there doesn’t even need to be one more cent of income tax collected, either.
Remember, there is no money. Or, more accurately, there is no Constitutional money, gold and silver, aka, money of exchange. Our current system in the US runs purely on credit, aka, debt. It is nothing but accounting at this point. And pretty much every other nation on Earth uses the same sort of system. There is enough paper and computer space to run this system indefinitely.
The debt itself isn’t really the problem. The problem is interest, which keeps the debt ever growing, and is the way that all countries have been enslaved in perpetuity, at least until the people wake up and/or start learning and utilizing the laws of commerce. The only thing insane about the system is that the government “borrows” credit from the Federal Reserve at interest (while using the credit of the people as collateral), when it could “borrow” that same credit from the people at 0%, while circulating those same debt instruments back to the people as currency, to allow commerce to function, similar to what Lincoln did when he issued Greenbacks during the Civil War.