Quote:
Originally Posted by Skippymjp 
Spending money we don't have has never been the least bit of a deterrent before.
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*looks around at economy* Yeah, that's going well.
Granted, the economic clusterfrack we're in has more to do with individual and family runaway spending than government, but the government sets the example by not running a balanced budget itself, and in the case of the housing bubble, the government
probably (I recognize that we'll be arguing the details for years) facilitated people getting in over their heads by encouraging banks to offer subprime mortgages. The government also creates a situation in which a shortage of jobs is all but inevitable, by the combination of taxing and regulating businesses operated here and setting low fees of assorted kinds on imports, so that it becomes a much better deal for manufacturing to take place elsewhere*, paying their people, so now China pretty much owns us and we "can't" pull out of that (we could, if the government were to have the stones to say "damn the consequences" while we still have military superiority by a wide enough margin, but that window's temporary too).
This isn't political; it's pragmatic. Anyone who's played those historical SimCity-like games (Caesar, Pharaoh, etc.) can tell you that running a city at anything like full employment with very little export manufacturing or gold mining is not a viable long-term strategy (and for those who haven't played, that empties the treasury, which means you can't pay tribute to the applicable ruler, which eventually brings the ruler's armies to your city to trash it). Senators and congressmen are capable of being completely pragmatic when the goal at hand is their own political influence, so it's not that they
can't do the same thing to make a decent fiscally and otherwise sustainable country for the rest of us to live in, it's that they
won't. That's shameful, because theoretically they work for us, but then, it's not as if we've insisted on anything better.
* This also ties in to the perennial global warming issue, because the carbon impact of large shipping boats is
freaking insane and not really regulated. It would probably be better for the environment overall if we loosened the laws on manufacturing in order to put the factories closer to the end users and put the worst-polluting shippers out of business.