Falling on deaf years.... not genuinely deaf but deliberately deaf. After all, there is always the next election every 4 years and you can always chuck it to the next admininstation. All the more fodder for partisan fights and meanwhile not a thing done to merely fill the potholes on roads..
The problem is structural. It is inherent in the design of the Govt. 200 years ago it worked. 100 years ago it sill worked. Now it doesn't, because time now travels in warped speed 10x - many say many multiples of that - faster than a mere 50 years ago and accelerating everyday still.
Another country plans 5 years 10 years ahead. America plans no farther than the tip of its nose and if whatever is proposed can't be done in a microwavable 5 seconds, no one buys it.
A popcorn cultures gets what it deserves, i.e., what it wishes for, i.e., popcorn that is 99% hot air.
Change is coming. The current debt levels in the U.S. and around the world are unsustainable. To avoid bad geopolitical outcomes, we must negotiate in a calm, analytical way to get this debt to money problem under control.
Learn more how the big debt cycle works and my proposed solutions in my new book, How Countries Go Broke: The Big Cycle, available to order here:
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#principles #raydalio #economics #debt