[ExI] Why is “cost of living” such a big problem?

[spike at rainier66.com]

From: extropy-chat <extropy-chat-bounces at lists.extropy.org> On Behalf Of John Clark via extropy-chat



>… At one time low-income people could get a little help with that from Medicaid… The USA is the richest country in the world, and this is a fucking disgrace!!

 

John K Clark

 

 

 

You are conflating country with government.  The richest country in the world if you add every citizen’s net worth, but the poorest government on the planet: it has the biggest debt of any government.  This is why we cannot hand it more obligations.  It cannot sustain even the obligations it already has.  

 

spike

 

 

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