patrick.net
An Antidote to Corporate Media
1,363,980 comments by 15,735 users - Al_Sharpton_for_President, Ceffer, stereotomy, WookieMan online now
« First « Previous Comments 37 - 37 of 37 Search these comments
37
Â¥
@
2010 Jul 17, 8:00pm
Â¥
@
2010 Jul 17, 8:00pm
and have enough children to grow the population
dunno, this is kinda a bad thing, really.
Of course, Canada has the space, but one advantage I see up there is having the population of California but with 5-10x the mineral wealth. Then again if productive enterprise is hobbled by a lack of labor then pop growth is good, but somehow I don't think that's this case this century.Then again (again) importing smart people is never a bad thing since without enough smart people the stupid people tend to take over. Just look at us down here.
« First « Previous Comments 37 - 37 of 37 Search these comments
The U.S. government, in its official 2009 Financial Report: http://www.gao.gov/financial/fy2009/09frusg.pdf states: "Absent a change in policy, the interest costs on the growing debt together with spending on major entitlement programs could absorb 92 cents of every dollar of federal revenue in 2019."
 In other words, almost EVERY penny collected in taxes will go towards paying ONLY the interest on the debt and spending on the major entitlement programs (Socialized Insecurity, Medicare, etc).
 The worst part is that any prediction by the US government is always wrong and grossly understates their estimates.
 Gosh, maybe big, centralized government, with "wise" leadership, which promises everything to everyone without consequence is a failed system after all. Time will tell.