Hundreds of years and trillions of dollars of government spending have given us roads and bridges, schools and clinics, police and fire stations, courts and prisons, and the armed services that protect everything else. Spending is good! To stay ahead of China, we need to spend trillions of dollars more, not less, on infrastructure, including defense.
Spending is good! By spending more, government could put to use such idle resources as the twenty-five million unemployed and underemployed Americans who are drawing benefits instead of creating wealth. Real government waste is caused by NOT converting idle resources into wealth.
Spending is good! Government spends too much only when it buys scarce resources that could be better used by the private sector. Our scarcest resource is energy and the only way to increase it is by spending more, not less, on energy resources: wind, solar, geothermal, nuclear, coal, and oil.
Spending is good! What’s bad? Borrowing is bad and paying interest to bond-holders is even worse.
Why can’t we just print our own damn money? In an emergency, both Lincoln and Roosevelt printed money with great success. Out of desperation, both resorted to an excellent idea that should be used normally.
Pros and cons? Pro: Print just enough and full employment will create Heaven on Earth. Con: inflation, if you either print or borrow too much money.
The only difference is that printing always avoids debt and interest payments. Government prints too much money only when it runs out of idle resources. So, when resources are scarce and inflation begins, government can just reduce printing and raise interest rates.
It’s like sprinkling the lawn: when it’s wet enough, stop! Voila! Heaven on Earth!
Print the damn money!
I know you know it's all a show and most people are being played like a violin. It's weird that a great sense of relief is felt by so many every time more wealth is extracted from the working class as they mindlessly agree that "It's the right thing to do!
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.