[ExI] perspective on covid
johnkclark at gmail.com
Mon Mar 9 14:57:03 UTC 2020
On Mon, Mar 9, 2020 at 9:53 AM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrot
*> We are borrowing like mad just to cover normal expenses. Interest rates
> are at unprecedented low levels. US government debt is setting new records
> every day as a fraction of GDP. The US is living on borrowed money. *
All that is true, but if you're theory is correct then one of those 4
sentences does not belong with the other 3, namely "Interest rates are at
unprecedented low levels". I must therefore conclude that your theory about
deficit spending is not correct. You didn't mention it but we also have a
very low inflation rate, and that fact is also not compatible with your
> *We are fooling ourselves if we think POTUS is the most powerful man on
> earth. *
Well... I sure can't think of any man more powerful.
*> There are so many restrictions now on what POTUS can do,*
But not *NEARLY* enough!
> * > hell he can’t even negotiate internationally anymore.*
Shure he can, he can even negotiate a trade with a foreign government of
military equipment paid for by taxpayers for a public statement that his
political opponent is being investigated, and the foreign government
doesn't even need to actually do an investigation, all they need to do is
issue a public statement that they are.
*> The next one will have it even worse.*
Worse? POTUS got away with it, and no doubt Donald Junior will get away
with it too after daddy dies and he inherits the crown.
*> The US was once the world leader in science and manufacturing, but isn’t
> now. *
Gee I wonder why.
Trump’s 2021 budget drowns science agencies in red ink, again
Trump once again requests deep cuts in U.S. science spending
John K Clark
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