(47 People Likes) What can America really do practically, about our ridiculous level of national debt? It just seems inevitable that someday we will reach the end of our rope.

e adverse to their interests.
The debt crisis is a convenient “Slenderman” used by those who want to help the wealthy keep more money (WSJ / Heritage Foundation / National Review) or the clueless (Tea Party) At it’s core, the crisis cynically plays on the common sense notion that people tend to think the federal governments books are like their family finances. They are not.
But, macroeconomics is often counter-intuitive and confusing. So, ordinary people – too busy to read dry economic research – can be mislead into supporting policies that both hurt their interests and ironically, increase the debt out of a sense of civic responsibility. The recent tax bill is a perfect case-in-point. The Trump sponsored reform was, in-effect, a subsidy gift from the citizens of the U.S. to the wealthiest 0.1% (with particularly large gifts given to those who invest in real estate and those who will inherit their wealth)
How did they do it? They lied.
They told people that U.S. corp tax rates were the highest in the world. They’re not. We’re right in the middle when you look at the actual taxes paid by our companies. They told us that corporations would redeploy the cash into the economy. The problem is that US corporations already have too much cash. In the US, corporations have returned more capital to investors than they’ve raised.
History is a very good guide in these situations and tells us corporations will:

WalMart made a grand effort and slipped each of their employees an extra $1k. I don’t want to diminish the importance of $1000, but keep in mind, (a) they won’t do it again (b) the Walton family will pocket billions and (c) their share price went up after the announcement. In other words, The company got some good PR, the family took home an extra billion and gave their employees a one time gift of couple bucks.
And, in a couple years, when revenues really start to show the impact of Trumps gift to the wealthy, our conservative / tea party leaders will put on their “responsible faces,” and Fox News will start showing stories of stereotypic welfare recipients robbing the taxpayers. After all, “we’ve got a spending problem” and they’ll force cuts in education, roads, R D, public transport…
That’s the GOP tax plan in a nutshell. But, I digress….
REASONS OUR DEFICIT IS LESS PROBLEMATIC THAN PEOPLE THINK
There are a couple significant factors that prevent us from having a debt crisis.
Our debt is denominated in US dollars. Dollars that we just happen to print. This is an important mechanism called “seniorage”. It basically taxes the currency that people hold in cash by devaluing it slightly. Who holds cash? Most of it is held outside the US and by some people that you probably don’t mind paying a little tax to the US
Our debt is largely held by US citizens. (Over 65%) The reason Greece had problems was that Germans held all of it’s debt. So, the transaction money flows benefit US citizens as they sit in US pensioners, hedge funds, money markets etc. This is more important than it sounds. The main beneficiary of our debt payments is the U.S.
Debt service payments are largely recycled within the U.S. economy. So, when the government pays interest, or repays the principal balance, most of it stays in our country, where it is recycled into our economy
Despite the rhetoric, China owns ~5.5% of our debt and they aren’t gonna stop buying it anytime soon…. they can’t. Despite the handwringing, China needs to buy US debt as badly as we need to sell it. The mechanism by which this works probably would be a standalone topic. But, basically – China has a huge problem. Their cities are absorbing about 15mm people from the countryside every year.
But, I digress… China’s strategy (and it’s a good one) is to export their way out of a spot. But, if they stop finding the US debt, we won’t have money to buy their exports and they could become pretty volatile.
THE BEST WAY TO REDUCE THE DEFICIT IS… TO SPEND MORE MONEY (REALLY!)
The best way to reduce our debt is through spending that stimulates the economy. I’ve now watched with chagrin as the GOP mechanically blocked every infrastructure spending bill. (Even though, our borrowing rate at the time was negative – investors were offering their money at such low interest rates, that the inflation rate was higher.)
Trump promised a massive infrastructure plan but decided it would be better to cut taxes for the wealthiest Americans and then claim we didn’t have enough money.
How do you “payback” the debt, if you’re a country. Well, you don’t have to. You can grow your way out of it (like we did with the WWII debt and we started to do in the 2026s). But, here’s the problem, you have to see the wealthy pay their fair share…. So, we get a “debt crisis”
How do you grow your way out of it? Ironically, you increase the debt balance
INVESTING IN INFRASTRUCTURE IS THE BEST WAY TO SPEND MONEY… BUT, IT’S NOT SO GOOD IF YOU’RE RICH AND WANT TO ENJOY YOUR MONEY…
As a basic rule “infrastructure spending” helps therobotic sex doll luna starcounty. Aside from the natural benefits of better roads, power distribution, schools etc, infrastructure spending creates jobs and supports businesses. But, if you’ve already got a lot of money and don’t want to work hard or innovate, you’ll be worse off.
And, that’s what this all comes down to. The debt crisis is a fabrication, buoyed by moneyed interests who’s primary purpose is to protect their wealth rather than support our countr

(56 People Likes) What are some of the best short stories on father daughter relationships?

“Let’s go inside. It’s very cold. Everyone has left.” Manav slowly turned back. He looked at the lighting and the decoration which were done for his daughter’s wedding. The tears in his eyes were making the entire lighting blur. He started walking towards his house. Suddenly he felt as if time has moved back 27 years when he was carrying his little doll wrapped in pink woollen clothes in a similar cold night. He was holding her tightly very close to his heart and was walking as carefully as possible. He was feeling nervous, excited, proud, happy- all at the same time. This was the first time Siya had entered his house and their lives. He had gone straight to the room where the room heater was on and kept her on the bed alongside his wife. And today, while walking the same path- all those memories were flooding into his mind and heart. He walked straight into Siya’s room, opened her wardrobe and started taking out all her toys which she used to play with as a kid. He kept those toys on the bed and sat there looking at those. Tears swelled up in his eyes. His wife came from behind and put her hand on his shoulders and squeezed gently. Manav felt a drop of tear falling on his shoulder. “What are you looking at?”, she somehow managed to finish the sentence before choking. “Nothing, just looking at the toys. Making sure everything is there. Siya’s kids will play with these toys”, Manav said in a wobbly voice. “Yes, everything is there. Now, please get up and have something to eat.” his wife tried to get him up. Many buyers also consider find sex dolls in newport news before making a choice. “No, there’s so

(99 People Likes) Where can I find adult dolls?

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