Par David T. Jones le 19 janvier 2013
Foreign observers tut-tut the United States for failing to bring coherence to its fiscal circumstances. These observers either fail to realize or deliberately ignore that we are engaged in an existential political/economic struggle over what kind of society we will endorse. It is the most defining such struggle since the Great Depression of the 1930s, which gave rise to compromise instituting some elements of a welfare state (social security, farm supports, food stamps, bank deposit insurance, etc.) while leaving other elements of free market capitalism unaffected. But if our backs are not yet up against the wall, we are on the “warning track.” Even with full, booming economic recovery, it appears impossible to sustain the current levels of social security, Medicare/Medicaid, and unemployment welfare with current tax revenues.
