Atlas Shrugged a Requiem?
One of the most interesting points discussed in Objectivist circles is, of course, the prediction of how the current USA compares to that depicted in the novel. The question that arises quite consistently is how far the US can slide into the Peoples' State before the dramatic end to that system. I have heard predictions from others, some of whom never read AS, that we are slated for a financial crash, an oil drought, a terror attack, martial law, etc. How true or likely is this claim? And can we, as educated Objectivists, lend insight to when or how this could occur?
And, no all thinking is NOT dynamic. Here is a definition I found that explains it well:
Dynamic thinking is the study of the interconnected relationships on an event and the impact of those interactions upon the outcomes of the system.
Leftists don't know nor care about the impact of their group-think "sacred cows". 56 Million aborted babies quite likely slowed the progress of MANY things not least of which might have been real cures for terrible diseases. Someone not born from the 1970's quite likely could have or would have found the cure for lung cancer or breast cancer or leukemia. Leftists SAY they care about others and curing diseases. However, they never think about the genocide they promote with their lock-step "choice" to kill the unborn. Though I LOVE babies, it is some comfort to me that it is quite likely mostly future leftists being aborted rather than conservatives. Cruel thought but true.
The Congressional Budget Office (CBO - an acronym, not an emphasis) as far as I've heard, ALWAYS score tax cuts without taking into account my point above, national happiness (which can't be quantified) and the boost in productivity (which ALWAYS happens but also is very hard to quantify). This is why the leftists and statists ALWAYS use CBO numbers to state that ALL tax cuts COST the government money when that CLEARLY is NOT the case. This is also why it is SO much easier to THINK and argue like a leftist than it is for conservatives to make their points. DYNAMIC thinking is too hard for leftists to understand and is even harder for conservatives to try to explain these things to the dullards. There are some conservatives very skilled at teaching, but they also must have a healthy dose of courage in this climate.
I think you and I mostly agree but tend to butt heads on some fine points. LOL, have a nice evening!
If dollars held by foreigners return to the US economy, it will depend upon what they buy. If new industry and labor though some price rises by suppliers. If competing with domestic dollars for goods, then like an inflation of the money supply since those dollars have already been duplicated by the FED, there would be price rises and some loss of trust in the currency. Suppose gold or some other commodity were held by others outside the domestic economy. Then when it was exchanged for good, it would act as with currency and gold investments might lose some trust due to loss of trust if it loses exchange value. Trust is very dynamic.
Real pies are interesting and mirror what happens in a governed system. As a group, a family, say, has a mother, a father, children, and possibly other live in persons. In my family, as a child, my mother made good chocolate pies with a tasty whipped topping. As a child I could see no good reason to wait to eat it as a desert but mother was the governor and kept rules as to how to use the pie so that there was no runaway in the family economy. I and my siblings and especially my father would have had the pie gone before desert time. Government is that way, a way of keeping a country from overheating and coming apart in warring factions. Wouldn't want all those little real pies to be ruined by others before the owners decided what to do with them.
A little hint. No SHOUTING is necessary for emphasis.
Where I take hope is that it is only in the largest cities where people are largely divorced from the realities of life who overwhelmingly vote for Progressives. I also take hope in the fact that the Progressives are severely undermining one of the major groups that they would need to effect a major takeover in the Police Departments. By supporting the BLM ilk and their rioting and looting, they alienate one of the single greatest groups they would actually need. The other are the armed forces, which because the US runs on a voluntary military are staunchly patriotic. What the Progressives would have to do is to create their own army of brown-shirts (hailing back to Stalin/Hitler) and literally create civil war in order to really take over.
Or they can simply do what they have been doing for 100 years: persuade stupid and thoughtless Americans that they can invent money and jobs out of thin air. Why change what works, right?
Of course, what I really think they are doing is intentionally creating the circumstances for a wide-scale economic collapse so they can ride in like saviors, impose martial law, and force everyone into a re-enactment of the feudal system where they see themselves as the ruling class.
My only reason for using the "pie" reference is to disparage STATISTS who have NO dynamic thinking or understanding how the economy works. Of course, there is NO PIE. THEY think there is, so they must steal from ALL to get theirs. Because if they don't, they will get NONE due to their being a bunch of malcontents and complete inability to think of work as anything other than LABOR rather than OCCUPATION.
Yes, the economy grows when the conditions are set for the government to stay away as I was referencing above in my first "pie" comment. The economy shrinks when government, in all its INFINITE (delusional) WISDOM inserts itself into it.
What really backs it up currently is basically blind trust, thats all. Trust can evaporate overnight and result in your dollars become worthless. Check out the venezuelan money- same thing.
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