Quote:
Originally Posted by preciousjeni
Let the economy bottom out as soon as possible so we can pick up the pieces. Focus current funding on social services to get people through these difficult times. I understand that people don't want to lose what they have, but that's pretty inevitable at this point. The longer we keep extending the recession by using tax payer money, the worse the real bottom is going to be.
What are we really afraid of? Losing the so-called American Dream?
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That sounds like letting capitalism crumble so that we can give rise to socialism (or the, much better approach, combination of capitalism and socialism). In other words, what will happen after the crumble?
What the American Dream is varies based on status groups. But people are afraid of the uncertainty and whether the structure can keep us from an "every man and woman for him and herself" mentality. Where are the social safety nets? Many states are struggling with 10% unemployment, what would they do with 50% unemployment?
That's the long and short of it. There's much more to it.