> "Unfunded liabilities—Social Security, Medicare, and Medicaid"
In the US, healthy citizens are a liability. As opposed to expenses for bank bailouts, defense and prisons, these are great investments, I guess.
drweevil · 22h ago
Calling basic services provided to the people by the people's government "unfunded liabilities" betrays so much. First, questioning the people's government's obligation to serve its own people's needs. Second, a deep (deliberate?) ignorance of how finances work for a sovereign issuer of currency. For such a government these are neither "unfunded" nor are they "liabilities." Think of it this way: When the government issues currency, why is it laundered as "debt"? And why should it be paying interest on it, and to whom? I can see West Virginia, Germany, Spain having to do that, because they do not not issue currency, having to use Dollars or Euros to conduct operations. But for the US, UK, Japan and the like this restriction does not apply. This is why banks can be bailed out, and aid for Ukraine can materialize seemingly out of nowhere. Pretending otherwise is a fiction that is used as a tool to un-democratically redirect fiscal priorities.
Smeevy · 23h ago
It's considerate of them to start with an Ayn Rand quote. That lets me know that what I'm about to read hasn't been considered seriously and shouldn't be taken as such.
xg15 · 23h ago
I love how the first section in the "six cracks" starts quite reasonably with inequality, but then immediately conflates it with DEI in a way that is little more than emotional validation.
Then the author keeps on ranting and raving about DEI throughout the rest of the text, praising Trump for getting rid of it - while never mentioning inequality again.
In the US, healthy citizens are a liability. As opposed to expenses for bank bailouts, defense and prisons, these are great investments, I guess.
Then the author keeps on ranting and raving about DEI throughout the rest of the text, praising Trump for getting rid of it - while never mentioning inequality again.
Textbook example of psychological misdirection.