2020 Candidates Offer New Government Ponzi Schemes

Discussion in 'Politics' started by Scataphagos, Aug 8, 2019.

  1. Authored by Gary Galles via The Mises Institute,

    Seeing the Democrat debates has reminded Americans just how much of campaigning is promising something-for-next-to-nothing in attempts to buy electoral support. But when you think about historic Democrat bragging points, like Social Security and Medicare, that is not surprising. They have long been “something for you today partly at someone else’s expense tomorrow” programs. In other words, they have been partial Ponzi schemes from the beginning.

    Every time the program expanded, another partial Ponzi scheme of excess benefits over costs was created for the initial group of beneficiaries, again inevitably at the expense of later generations.

    So how has the modern Democrat party built on its proud legacy of such Ponzi schemes? By adding new ones.

    https://www.zerohedge.com/news/2019-08-07/2020-candidates-offer-new-government-ponzi-schemes

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    Thought I'd point this out to the younger generations who keep wanting to blame the "damned, greedy, Boomers".

    It's not the Boomers... never has been.

    It's the F'n Politicians!! Always has been.

    :(
     
  2. UsualName

    UsualName

    Remember when Donald Trump said Mexico would pay for the wall and we all would have terrific healthcare?
     
  3. wildchild

    wildchild

    Do you mean to say that Obamacare isnt terrific?
     

  4. But Obamacare is really the Heritage Plan of 1989. Why don't you Whiteys know your own party's history??
     
  5. UsualName

    UsualName

    It’s better than jack squat.
     
  6. UsualName

    UsualName

    These guys will be trashing trump like they do to every other republican president as soon as he leaves office. They’ll all pretend they weren’t cult like supporters and move on to the next most destructive politician they can find.

    The base of the Republican Party is ultimately opportunistic and seeks out the candidate that will punish minorities the most. Nothing else matters to them. Not the budget, not the debt, not defense, not family values, nothing. As long as they get to punish minorities they will vote for anyone and move on when that politician is washed up.
     
    Tony Stark likes this.