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Paul Murray's avatar

I ditched out of a "major" metropolitan area for a socially conservative rural community in 1990. I did this, because I could see what was coming. Over time off-shoring, NAFTA, and the explosion in government "entitlement" programs (vote-buying) decimated this community and hundreds of thousands like it. The result? This area and similar places, mostly in "red" areas, are already in permanent recession, and the economy tanking will have little effect here. Many people have adopted and adapted to a non-discretionary income lifestyle and don't pay any attention anymore to any economic development, with the exception, perhaps, the price of gasoline and fast food, for which there is no government subsidy YET.. There is little private, individual ownership remaining as a result. It will take a governmental crisis brought about by a dollar collapse to have any effect on this "Perma-frost" condition. This is why the populace is not up in arms politically. They have been anaesthetized by the government. It's insidious and will be difficult from which to break out. Best always. PM

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Clem Devine's avatar

Would be better for Tom to not post outdated info, many people too busy to read everything and just go to the list.

On another matter on why deficits don't matter here is an article by quoted Claudia Sahm.

https://www.stripes.com/opinion/2024-01-16/us-debt-34-trillion-12693431.html

If this is what they really think, Good luck...

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