From: Dan Clemmensen (Dan@Clemmensen.ShireNet.com)
Date: Mon Oct 13 1997 - 16:15:30 MDT
JD wrote:
>
> At 05:33 PM 10/12/97 -0400, Dan Clemmensen wrote:
> >Geoff Smith wrote:
> >>
> >
> >This is not quite what I had in mind as a starting point. I think we
> >need
> >to accept that the current economic/political system exists, that it
> >works pretty well, and that it has a fairly high inertia.
>
> With a 5.6 trillion dollar debt, 26 trillion aggregate debt, two identical
> "parties" pobtificating about inane nonsense like volunteerism and family
> values, and Chinese communists buying a California naval base, "well"
> hardly describes the situation.
>
I didn't say I liked everything about the current system. I believe
that we should be using the current unprecedented prosperity to
raise taxes and pay off the insanely high debt (two thirds of which
was incurred during the Reagan/Bush years) to which you refer,
but I don't think this list is the appropriate forum. By "pretty well"
I mean by comparison to other eras. If we can just keep the system
alive for a couple of decades at most, we can break through to
a successor economy base on superintelligence and nearly unlimited
material wealth.
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