Hurrr government debt is skyrocketing we need to REDUCE IT NOW

idontknow
idontknow

hurrr government debt is skyrocketing we need to REDUCE IT NOW
immediately cut all government spending
millions of jobs lost
most businesses collapse because they won't or can't take risks anymore and default on their debts
millions of retirement and savings accounts destroyed
can't fund the army anymore
army goes rogue
society breakdown
become a banana republic overnight

Being a Libertarian should be punishable by the death penalty tbqh

Methshot
Methshot

But what about the tax breaks and incentives on funding America first policies to keep unemployment down? The government doesnt need a hand in business. Maybe a pinky

Snarelure
Snarelure

I'm not implying about Trump. Plus, his policies are pro growth which is a good thing. I am just making fun of the lolbertarians.

Firespawn
Firespawn

In that situation prices would fall. Wages and prices would both fall. The standard of living would not fall by so much. Growth would be very strong after some short term disruption. And there would be less coercion by government, it would be a freer society.

TalkBomber
TalkBomber

The government is here to enforce the law.
The Law is justice.
Any law that infringes on another person is injustice.

OP is correct that libertarianism is a pipe dream though I'd still like to keep the State out of everything as much as I can.

CouchChiller
CouchChiller

At least make a balanced budget for fucks sake. We're going to have to pay this eventually. Do you not understand that?

BunnyJinx
BunnyJinx

We won't. It's impossible to. Take all the dollars ever created and you'd still have to pay the interest.
Usury is one hell of drug.
Trump will now follow a trend from time immemorial where we run te deficit to unprecedented levels spending on military and infrastructure so that when the crash occurs we'll still be safer and better off as a nation on the world stage.

StrangeWizard
StrangeWizard

tfw wanted a comfy stats job with the government
can't get one because DRUMPF decided to ruin everything

Ignoramus
Ignoramus

What kind of fucking fantasy world do you live in?
Kek

whereismyname
whereismyname

Is this seriously the secret plan these retards have? Lol we'll just wait until the end times come and then debt won't matter. That's the same logic some redneck moron uses to rack up credit card debt and says "lol im not going to live past 40, so it wont matter!"

Nojokur
Nojokur

heroin addicts need to recover becore they die

if you think free money is free forever and that undergoing the necessary withdrawal should be punishable by death you not obly severely lack a greater understanding of our economic systems,

but you also need a helicopter ride

Illusionz
Illusionz

hurr durr muh invisible hand
give private interests all the power in planning and building railways
shitloads of fraudulent, speculative, poorly constructed, poorly designed railroads cover the entire country
meanwhile your developed neighbors have carefully planned government controlled railway development, or if they still bid it out to private contractors, outright banning futures or other speculation
everyone realizes this and your market collapses, banks explode, and your infrastructure is ruined for centuries

HAHA THIS TOTALLY DIDN'T HAPPEN

Crazy_Nice
Crazy_Nice

the only difference being between that redneck and a government is leverage. If you owe me $10 I have power to ask for it because that's not too much. If it's $10 million I'll be on my knees doing whatever I can to get something out of you.
There will be a clean slate period where debts of old won't matter, but you and I will already be out on the streets by then.
I suggest finding a way to protect your wealth now and keep filling it up for the future.

MPmaster
MPmaster

That's literally what happened in Italy, minus the army part

SomethingNew
SomethingNew

just simplify taxes and force the rich to pay high enough if they want to do business on a country

massdebater
massdebater

Like most libertarians I invested mostly in lands, guns, and my family (children).

If things do go to shit, and i dont mean a war because then we're all dead, just a huge crash - I am ready to defend my land or die trying. All other "wealth" is intangible and arbitrary. I cant eat gold or fiat. I can grow and live on my land

hairygrape
hairygrape

pay trillions in taxes every year
one of the most shitholes in the world
If taxes were good, Brazil would be 2 times better that the U.S

Sharpcharm
Sharpcharm

If we take a highly regulated socialist-capitalist society and do some vague government spending cuts which I won't name it will somehow lead to societal collapse and this somehow proves libertarianism is bad

Lmao. Great argument.

RavySnake
RavySnake

that's smart and very much forward thinking. i've been stocking up on precious metals because when a crash occurs the price of them will go up while real estate prices will go to practically zero. then when the market correction happens and we go back to a stable society, i'll have increased my wealth by an unimaginable amount.

VisualMaster
VisualMaster

Im more concerned with surviving a scenario like that than I am with getting rich off of it. Best of luck I guess.

New_Cliche
New_Cliche

If taxes were good, Brazil would be 2 times better that the U.S
Not if you're poor or black

farquit
farquit

My favorite is when they feed the fattest cow (military) even more and starve a few stray cats (everything else) to "save" money.

VisualMaster
VisualMaster

germany comes immediatly into my mind. Or any other european state. And whoever says usa is high regulated, get off the internet. You dont know shit what high regulations can be, pleb

StrangeWizard
StrangeWizard

Fuck boomers ill scalp em all

Techpill
Techpill

You're cynical, but your scenario suggests most of the economy is propped up by government over-spending and your sarcastic conclusion suggests the over-spending should simply continue.

Or did I misread?

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