The unknown_whether the current efforts are nefarious or just misguided. When the (inevitable) shortfall occurs, since the current spending trend is unsustainable and there aren’t enough rich people to tax, what happens? Actually, there aren’t even enough working people to tax at anything close to a rate that will not bring either stasis or revolt. At some point, China will say “No mas!” Then it gets really interesting whether the dilitants in control will be able to titrate our decline at anything close to a controllable fall.
Certainly there are arguements that this is the grand plan anyway. Cloward-Pivenesque collapse of the system, then just declare martial law and start dictating. Such a hassle trying to set up a planned utopia with that pesky Constitution trying to guarantee freedom. Remains to be seen how quickly the current steerers get replaced with folks who will try to do some damage control, or if the current deviation away from the concepts of America’s founders are too severe to be undone. Of course, it’s so inspiring making the big decisions that there will probably be an attempt to shut down our countries planned built-in option of turning over the compost without having to shoot people.
Interesting times coming. Isn’t that a Chinese curse? Seems appropriate.