Log in
Register
Search
Search titles only
By:
Search titles only
By:
Forums
New posts
Forum list
Search forums
Leaderboards
Games
Our Blog
Blogs
New entries
New comments
Blog list
Search blogs
Credits
Transactions
Shop
Blessings: ✟0.00
Tickets
Open new ticket
Watched
Donate
Log in
Register
Search
Search titles only
By:
Search titles only
By:
More options
Toggle width
Share this page
Share this page
Share
Reddit
Pinterest
Tumblr
WhatsApp
Email
Share
Link
Menu
Install the app
Install
Forums
Discussion and Debate
Discussion and Debate
Politics
General Political Discussion
Economic Impact of Debt.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="mindlight" data-source="post: 77576498" data-attributes="member: 21246"><p>The problem with the American safety net is the inefficiency of the current spending patterns. For example, you spend more per capita on health than any other nation by a considerable margin but with much lower outcomes than countries like Japan only spending half your levels. Big Pharma, legal costs and competitive duplications are all to blame here. So part of the solution lies in serious reforms. The problem is political and the power of big pharma and your legalistic model of resolving problems.</p><p></p><p>The stupidity of deficit financing is a common sense thing that America has lacked since Clinton and especially under the Republicans. You cannot spend more than you earn but no one seems to get this in the USA right now.</p><p></p><p>Inequality is a major driver here. Tax cuts for the super-rich, who do not need the money are part of the problem. Anything that smacks of redistribution is dubbed socialism but the American dream of social mobility (anyone can make it) has been dead for a generation because of the growing and entrenched disparities between rich and poor</p><p></p><p>I would agree that debt levels and deficits are a major reason why American global leadership and the stability that grants the rest of us is now in jeopardy.</p></blockquote><p></p>
[QUOTE="mindlight, post: 77576498, member: 21246"] The problem with the American safety net is the inefficiency of the current spending patterns. For example, you spend more per capita on health than any other nation by a considerable margin but with much lower outcomes than countries like Japan only spending half your levels. Big Pharma, legal costs and competitive duplications are all to blame here. So part of the solution lies in serious reforms. The problem is political and the power of big pharma and your legalistic model of resolving problems. The stupidity of deficit financing is a common sense thing that America has lacked since Clinton and especially under the Republicans. You cannot spend more than you earn but no one seems to get this in the USA right now. Inequality is a major driver here. Tax cuts for the super-rich, who do not need the money are part of the problem. Anything that smacks of redistribution is dubbed socialism but the American dream of social mobility (anyone can make it) has been dead for a generation because of the growing and entrenched disparities between rich and poor I would agree that debt levels and deficits are a major reason why American global leadership and the stability that grants the rest of us is now in jeopardy. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Discussion and Debate
Discussion and Debate
Politics
General Political Discussion
Economic Impact of Debt.
Top
Bottom