Back-to-back administrations in the late 70s and 80s were unable to prevent the specter of stagflation from taking over the economy. Although every macroeconomic policy under the sun was attempted, and both Carter and Reagan were undermined by sea change in America’s debt structure, the increasing sale of national debt to foreign governments to finance further deficit spending.
Continue reading “America’s Addiction to Debt”
There is a lot of hypocrisy in American political history. The Civil War had as much to do with business interests as a desire to end slavery, for example. Or take the Federal Reserve. An entity created to stabilize the consumer economy has created a nation built on debt that only serves the interests of the financial sector.
Continue reading “The Constitution and the Problem with Representational Government”
We wanted everything for free, and now we are media slaves continually looking for a micro rush of information that pleases us. Everybody is in a personalized media bubble not aware that we are stripped of our humanity peace by peace.
Continue reading “Why Automation Doesn’t Improve Our Standard of Living”