Sequester Doom – Not so Much

SequesterOver the last few years we’ve seen politicians decrying the danger that will befall this great union we call the United States because of the awful, horrific, terrible, mindless, stupid, dastardly, evil, other side’s fault, sequester. If the evil Republicans allow this to happen the nation is doomed! If the nasty Democrats force this upon us all is lost! Flee, weep, hide your children!

Ok, well, this round didn’t have that effect but we promise that when the March 27th deadline arrives it will be disaster! Trust us. You cannot allow these budget cuts to occur or our nation will face destruction. All because those evil people on the other side hate America! They hate it!

The United States currently owes $16 trillion to its creditors. The western world is largely bankrupt because of current economic policies. Don’t fool yourself. We’ve had Republicans and Democrats in the White House, controlling Congress, we’ve had all combinations and the debt keeps going up. There is only one final solution. Default. The end result is the same as the sequester. The government will not meet its financial obligations. The armed forces will be reduced, social security will be reduced, farm subsidies will be reduced, aid to the poor will be reduced. It’s inevitable but, contrary to what your trusted politicians are telling you; it’s not the end of the world.

Will it mean hardship for many? Probably. Will businesses go bankrupt because they existed solely thanks to government funding? Likely. Will people lose their jobs? Most likely. When the colossal bust of this massive boom cycle hits it will be painful. We’ve been running up debt pretty much since the day President Reagan took office in order to sustain an unsustainable economic model. We’ll have to pay for that. But what happens then? When the chips fall where they may and the government no longer supports the country but merely governs it.

New business will arise. New companies will fill the void. Hopefully they will work with a sustainable business model. The idea of business ownership should be to create a quality product, to provide a useful service, to employ good people, to make some money. With western style republics spreading women’s rights and lowering birth rates we will eventually go back to this model instead of expecting growth, growth, growth. It will be good. Maybe very good. Maybe a real utopia with a steady population, where energy is cheap and abundant, where people are allowed to do their job well and go on freely about their lives.

Of course, maybe I’m an idiot and you should keep listening to the politicians.

Tom Liberman
Sword and Sorcery fantasy with a Libertarian Twist
Current Release: The Sword of Water (it’s a really good book, honestly, buy it today!)
Next Release: The Spear of the Hunt

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