While your economic theory is certainly from the deep end of the doomsday camp it's not fundamentally flawed. On the flipside it's been a matter of time ever since people realized they could vote themselves bread and circuses and will until fiat currency collapses. The market has a way of sorting these things out though. The biggest problem at the moment is a tad ironic: Japan is in the long term, fucking america hardcore. They're buying everything the treasury has to offer with printed yen to encourage inflation and press down the yen, thus treasury yields are shithouse (which pisses off people like me who liked them) and makes debt look cheap for governments. When they stop buying them, yeilds will rise causing MASSIVE problems for fiscal policy. The economist in particular has been harping this line for a fair while now. Don't ask me how the game ends.
So...um....how exactly does this work with essential services exactly. Do I have to pay the postman every time I want my letter delivered? Pave a road to the local store myself? Can I then charge people to use it?
Pull out of your ass social theory and fuzzy-beyond-analyisis numbers aside wouldn't this mostly result in the disadvantaged having a choice between starving and swallowing some religious bullshit to get a meal?
Look I agree good fiscal policy is needed but I do not agree with your answer.
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Good friends, good books and a sleepy conscience: this is the ideal life.
- Twain
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