The Republican Malthusians
At this time, the U.S. national debt is 9.35 trillion dollars on paper. That would buy a new house for every American family. In reality, the debt is far higher and obligations will increase it far more. American families did not get those houses, but they did get the mortgages, which they must repay with interest. Since they can’t pay the mortgages, they will pass the obligations on to their children. In effect, this is reverse inheritance.
The debt is the product of Republican voodoo economics. In 1981, Ronald Reagan resumed the failed economic policies that plunged the U.S. into the Great Depression of the 1930s. Reagan infused the failed policy with massive borrowing. The borrowing gave the initial impression of prosperity, just as a person who charges all of his credit cards to the hilt will appear to be very prosperous for a short time.
Reagan inherited a debt of less than $1,000,000,000,000. He left a $3,000,000,000,000 debt. George H. W. Bush and his son continued the disastrous economic practices. The latter holds the record with four trillion additional debt.
Republicans are robbing their children and grandchildren with no sign of remorse. Their immense greed and gluttony fogs their minds to the damage they are doing. They show no sign of a troubled conscience. Their guru appears to be Thomas Malthus, the 18th and 19th Century mathematician who proposed a solution to the looming food shortage problem today’s Republicans would love. Population was outstripping food production, so Malthus proposed they eat their children as the remedy. Today’s Republicans would devour, or sell, their own children for a new swimming pool, a pleasure boat, or even a new car. Unfortunately, they are doing far more damage to their babies, born and unborn.
The debt is the product of Republican voodoo economics. In 1981, Ronald Reagan resumed the failed economic policies that plunged the U.S. into the Great Depression of the 1930s. Reagan infused the failed policy with massive borrowing. The borrowing gave the initial impression of prosperity, just as a person who charges all of his credit cards to the hilt will appear to be very prosperous for a short time.
Reagan inherited a debt of less than $1,000,000,000,000. He left a $3,000,000,000,000 debt. George H. W. Bush and his son continued the disastrous economic practices. The latter holds the record with four trillion additional debt.
Republicans are robbing their children and grandchildren with no sign of remorse. Their immense greed and gluttony fogs their minds to the damage they are doing. They show no sign of a troubled conscience. Their guru appears to be Thomas Malthus, the 18th and 19th Century mathematician who proposed a solution to the looming food shortage problem today’s Republicans would love. Population was outstripping food production, so Malthus proposed they eat their children as the remedy. Today’s Republicans would devour, or sell, their own children for a new swimming pool, a pleasure boat, or even a new car. Unfortunately, they are doing far more damage to their babies, born and unborn.
posted by Unknown at 4:41 PM
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