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#1
06-12-2007, 09:08 PM
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The National Debt
So I was browsing Wikipedia trying to get a handle on an issue that continually irks me, the National Debt.
http://en.wikipedia.org/wiki/United_States_public_debt It still doesn't answer the fundamental questions. Here's a plea to any economic majors out there. 1. So for years they've wanted us to buy bonds to "relieve the debt," with the promise that we'll get the money back with interest later. How does this help anyone? It sounds like the government is just slowing their descent down the spiralling vortex. 2. Why in blue blazes can the Mint just print money willy-nilly whenever they feel like it? What's wrong with all of the governments saying "okay, the total worth of everything in the world is now fixed at X billion dollars/Euros/yen/whatever." 3. Why awe we still spending billions of dollars on foreign aid? Actually, why did we start? Shouldn't aid be spent on people who will eventually be real taxpayers?
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mudshark: Nate's just being...Nate. Zeke: It comes nateurally to him. mudshark: I don't expect Nate to make sense, really -- it's just a bad idea. Sa'ar Chasm on the 5M.net forum: Sit back, relax, and revel in the insanity. Adam Savage: I reject your reality and substitute my own! Hanlon's Razor: Never attribute to malice that which can be adequately explained by stupidity. Crow T. Robot: Oh, stop pretending there's a plot. Don't cheapen yourself further. 
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