A
aspawloski4th
Guest
Thats where printing money out of thin air comes in!This is something that is occurring right under our noses, and is being pretty much ignored. A great many parts of the Western world have created their own analog of the Black Death through widespread contraception and abortion, leaving birthrates to plummet. If in addition to this man-made plague, if we were to be hit with an actual widespread plague of some medical nature, the double whammy could doom entire countries–or civilizations.
Your point about the potential rebellion of the producers is also prescient. Medicare is a rather young program; it started in 1965. I remember wondering at the time how the government could pay all my Dad’s medical bills for the future. And he lived until age 91. Now they are doing the same for me; and are about to do it for the rest of the citizenry.
We are getting ready to hit the younger generations and their children with enormous bills for which they never bargained. And they are not having enough children to continue to support the programs through taxation. It’s not a pretty picture.