[ExI] antiscience from both sides

[Darin Sunley]

There's an argument for government debt analogous to the Doomsday Argument.

Government debt is essentially borrowing against future real productivity
productivity.
Either the US will be physically productive forever, or it won't.
If the US remains physically productive forever, repayment of that debt can
be pushed off forever [we just keep paying workers with money broowed from
their own future productivity.]
If the US eventually stops being physically productive, some apocalyptic
catastrophe has occurred, and whether or not that debt is repaid is
completely moot.

Either way, borrowing against the future is cool, and we will never have to
stop doing that, or pay it back.

This argument, along with the incredible awsomeness of an imperial
presidency when it's one's own party's turn in the White House, is one of
the very small number of bedrock concepts that both major parties are in
complete agreement with.

On Tue, May 5, 2020 at 11:06 AM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

>
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> *From:* extropy-chat <extropy-chat-bounces at lists.extropy.org> *On Behalf
> Of *Dylan Distasio via extropy-chat
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> >…In terms of spending, both parties are now very similar and have been
> for a very long time… Dylan
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> Ja.  I haven’t been able to tell them apart for over 30 years.  The two
> mainstream parties in the US have marched lockstep to burying the US into a
> morass of debt from which extrication is impossible.
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> In light of that, why would we care about the usual stuff, religion,
> immigration, guns and abortion?  That soaring debt is a ticking time bomb.
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> spike
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