[ExI] Free Trade

[spike at rainier66.com]

From: John Clark <johnkclark at gmail.com> 
Subject: Re: [ExI] Free Trade

 

On Thu, Oct 16, 2025 at 9:56 AM <spike at rainier66.com <mailto:spike at rainier66.com> > wrote:

 

>> The economic apocalypse was "in plain sight" 20 years ago, about the time we first had this discussion, and it was also "in plain sight" 120 years ago when others had almost identical conversations. Do you see any reason why the matter is more urgent now than it was 20 years ago, or 120 years ago? I sure don't! 

      

> I do. 

 

>…I see… but you didn't answer my question about the drastic cuts to fundamental scientific research (like LIGO) as well as practical medical research…John K Clark

 

 

 

 

Ja, all that stuff should not be cut, but neither should it be funded at the federal level, considering we can see what is coming: the fed has insufficient funding to cover it.  As we see their mounting interest bills, they will not be able to cover it in the future either.

 

This transition was coming, we have known about it for a long time.  There is no surprise here.  That research you mention should be funded at some level which still has money.  

 

That the Fed would fail in this mode was completely foreseeable: the current POTUS and his party is demanding the senate pass the budget and open the government, but the opposition party has dug in, and refuses to reopen government.  Passage requires 60 votes.  

 

Now… I sit in misery watching others make money on the bet I chickened and sold early:  

 

https://www.predictit.org/markets/detail/8289/When-will-Trump-sign-a-bill-to-end-or-avert-the-shutdown

 

So did we learn anything?  Did we learn one damn thing?  Are we going to continue having scientific research reliant on a funding source which is out of money?  I hope not.

 

spike

 

 

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