ECONOMICS: UniParty is responsible for debt, unfunded liabilities, and Gooferment deficit spending

Wednesday, October 23, 2024

https://internationalman.com/articles/david-stockman-on-the-battle-of-the-liars-trump-versus-harris-and-the-folly-of-uniparty-economics/

David Stockman on The Battle of The Liars… Trump Versus Harris and The Folly of UniParty Economics
by David Stockman

<< EDITOR ADDED DATE 2024-10-18>>

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The Dem candidate brags about 16 million new jobs on the Harris-Biden watch and Trump claims the Greatest Economy Ever—evidenced in part by low inflation that his successor purportedly blew sky high.

Both are lying. Both ignore crucial matters of context—such as stage of the business cycle, Fed policy actions, forces arising from the $105 trillion global economy in which US growth, jobs and inflation are inextricably rooted and the fact of lag times in transmission of Washington policy into economic outcomes.

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In any event, the real culprits are the spenders and money-printers. And not surprisingly, both candidates want more of both.

Editor’s Note: The amount of money the US government spends on foreign aid, wars, the so-called intelligence community, and other aspects of foreign policy is enormous and ever-growing.

It’s an established trend in motion that is accelerating, and now approaching a breaking point. It could cause the most significant disaster since the 1930s.

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I keep banging the drum on “debt, unfunded liabilities, and Gooferment deficit spending at all levels”.

The UniParty makes picking the “lesser of two evils” a frustratingly failed strategy.

As Tom Woods says “No matter who I vote for I get John McCain”.  Sadly true.

All “We, The Sheeple” can do is prepare for the eventual collapse of the dollar when the debt becomes unrepeatable.  Till then remember the old military directive “get small in your hole”.   

As when I was counseling FOWG “turkeys”  —  Success for your generation is: (1) ruthless financial discipline — no bad debt; (2) a life long interest in learning — education — a degree — they can’t take it away from you; (3) a NON-OFFSHORABLE white collar job in order to save big bux; (4) a blue collar skill for hard times — never saw a poor plumber; (5) one or more internet based businesses — your store is always open; (6) a free time hobby that generates income; and (7) a large will-maintained network of people who can “help” you.

That’s the same advice for dealing with the UniParty’s economic disaster.

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GOVERNACIDE: Gooferment is the greatest cause of drug addiction

Monday, October 27, 2014

http://dailybell.com/editorials/35727/Wendy-McElroy-US-Government-Guilty-of-Creating-Heroin-Addicts/

U.S. Government Guilty of Creating Heroin Addicts
October 16, 2014
Editorial By Wendy McElroy

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At least three factors call the official line into question.

First, in July 2013, the National Institute of Health published a study entitled, “Introduction to the Special Issue: Drugs, Wars, Military Personnel, and Veterans.” It stated: “Recent research suggests that the use and misuse of alcohol and prescription opioids (or POs such as OxyContin, Vicodin, and Percocet) are the signature substances associated with OEF/OIF/OND military personnel and veterans; for many, the consumption of these substances is causing additional challenges both for military personnel and veteran populations.” (OEF/OIF/OND = Operation Enduring Freedom, Afghanistan/Operation Iraqi Freedom/Operation New Dawn, Iraq) It would be amazing if prescription drug abuse was prevalent while far more easily and anonymously obtained drugs were eschewed.

Second, in the earlier stages of the 13-year war, rampant drug use was acknowledged. A 2007 Salon article was entitled, “Afghanistan. It’s easy for soldiers to score heroin in Afghanistan. Simultaneously stressed and bored, U.S. soldiers are turning to the widely available drug for a quick escape.”

Third, newspapers have recently exploded with stories of an epidemic rise in America’s heroin addicts. On March 21, a BBC News headline trumpeted, “The horrific toll of America’s heroin ‘epidemic’.” In April, NBC News ran a 17-part series on the epidemic. The Washington Post (May 16) ran an article entitled “When heroin use hit the suburbs, everything changed”; which focused on heroin addiction becoming a white phenomenon. None of the stories mentioned the impact of war or that most soldiers coming home are white. Instead, like the ABC News coverage (July 31), they dwelt on the “doubling” of addicts as though it had no discernible cause.

Conclusion

What is the truth of it? Sometimes intentionally and sometimes not, often directly and often through circumstance, the American government is the greatest cause of drug addiction at home. And war is its conduit.

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So why can’t “We, The Sheeple” connect the dots?

The Welfare / Warfare State makes us all poorer with its large number of Unintended Consequences!

Put Walmart and the other “drug” stores in charge of distribution and treat addiction as a medical problem.

Argh!

Dona Nobis Pacem

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