The Economic Collapse of the USA

The Rich Get Richer

By Bon Steel, published Feb 19, 2008
Published Content: 33  Total Views: 4,243  Favorited By: 1 CPs
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Certainly there are many factors that influence a nations economy, possibly the government and its use and abuse of policies may be a large contributing factor. I can still remember my grand parents talking about the great depression. One could think that because the GNP is less than the debt owed that the USA can some how magically remedy this issue by printing more money and paying the debt. If the government needs more money they print more. Creating more supply therefore making the dollars value plummet . What we are seeing now is that it costs more to produce a penny than the penny itself is worth. I suspect this has been going on for sometime now. But some how we have to look beyond the symptoms of this. I believe that it goes way deeper than just the government the value of the dollar and our standard of living.

Americans spirits are broken, they are not what they once were. They are in general lazy and un trust worthy. I am talking about the average person that lives in the USA. Yes lazy they don't want to think for them self's they want the government to take care of them. The independent spirit that I saw in my grand parents seems to be buried in an ocean of propaganda, spawned by special interest groups with monetary interests in law making. Because the law making effects their bank accounts.

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Ultimately, the human propensity for GREED undermines ALL economic and giovernmental systems. Folks just can't ever seem to get/have enough. Nicely done.

Posted on 06/02/2008 at 8:06:49 AM

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