The Maelstrom of Violence

[Warren Dew]

(09-24-2017, 09:51 PM)Kinser79 Wrote:

Quote:I personally think, assuming the US remains recognizable, that there will be more people paying into the system than abusing it.

This is a failure to understand basic economics that I assume Warren will bring up at some point.  Let me put it simply.  More people have to be working and paying taxes to pay for what we have now.  Otherwise it will collapse.  Socialism is inherently unstable, eventually you always run out of other people's money.

To be honest, I'm only paying peripheral attention to this conversation.  Bob doesn't understand economics and is not interested in learning it, so I don't see much point to having a conversation on it with him, beyond pointing out an obvious inconsistency in his world view now and then.

I'm here mostly to try to understand more about what's going to happen in the upcoming crisis.  Most of the conversation relevant to that occurs on John Xenakis' thread.