Omar it would be nice if you were in the ballpark but, you’re not. 9/11 didn’t cause the recession. If anything, military actions cause military spending booms. It’s very simple minded to say A=>B in an economy as complex as the United States. And it isn’t ‘batshit’ economic policies, either. It’s borrowing to pay for programs which contribute nothing back to the country’s citizen’s. You know, like Medicare (which the interest on the debt is over 1/2 of our annual budget) which was intended to be a retirement income supplement but is, in fact, a subsidy. And/or the widespread public administration expansion of over 30% in the last decade. We’ve got 6 or 7 programs like this that will systematically and automatically spend money on social programs that have proven to produce negligible results at best. It’s not the way you manage your money either personally or as a country.
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Omar it would be nice if you were in the ballpark but, you’re not. 9/11 didn’t cause the recession. If anything, military actions cause military spending booms. It’s very simple minded to say A=>B in an economy as complex as the United States. And it isn’t ‘batshit’ economic policies, either. It’s borrowing to pay for programs which contribute nothing back to the country’s citizen’s. You know, like Medicare (which the interest on the debt is over 1/2 of our annual budget) which was intended to be a retirement income supplement but is, in fact, a subsidy. And/or the widespread public administration expansion of over 30% in the last decade. We’ve got 6 or 7 programs like this that will systematically and automatically spend money on social programs that have proven to produce negligible results at best. It’s not the way you manage your money either personally or as a country.