[PhantomPholly]

Originally Posted by jeremyjs

It would get ugly pretty quick if it ended all at once. everyone would probably be better off if they were phased out over a few years.

Actually, there is no evidence to support that theory and plenty to dismiss it. Most folks receiving subsidies don't need them. It is generally political payola for political support.

[PhantomPholly]

Originally Posted by Wild

The problem being that the present US false economy is simply that. If subsidies and all other government interests were ended and true market interest rates were allowed to prevail the US would enter a historical depression with a huge social burden due to the huge senior population. If true total debt figures at all govt levels including entitlements were calculated the amount would be close to 150 trillion dollars.

Be glad that you have such a greedy manipulative government keeping this sinking ship afloat as long as they have.
But be very afraid of your future.

The key there is the future obligations. Those can be cut in a single session of Congress, putting us on an even economic keel without sinking the ship.

The only question is whether or not we can elect enough people of integrity to do the right thing - and those seem to be in short supply.

[ElectriCar]

Wish we had a "like" button here!