Saturday, April 22, 2023

The American people are to blame for the national debt

There is much anxiety about the federal debt. Finger pointing as well. Ultimately, I think it's the American people who can be blamed for the debt. Not wanting to pay higher taxes while still demanding various things, like the military for instance, from government.

Republicans are likely more to blame, but Democrats are not angels either. Republicans refusal to even consider tax increases is a problem. Another problem is the idea that money and wealth is the most important goal in life.

In my personal life, I haven't been that motivated by making more money. I do need enough for survival and comfort as a single person and a bit more to make life interesting, some travel for instance.

On the other hand, I do have a big interest in the workings of the economy on a large scale. Not my personal finance, but learning, from a distance, how business, government and so forth function. I have an interest in how these things can remain viable to create the economy that we are dependent on. I was a geography major, in college and one of my favorite subjects is "Economic Geography."

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