Besides, you know what he fucking meant, asshole.
Did you read the whole thread, or do you just get off on being a dick? Perhaps you just read snark into any short comment you disagree with. For the record, none was intended.
The grandparent said the following (in case you didn't bother to read it):
Social security is becoming a real burden on the nation. A lot of personal savings have been wiped out by our friendly neighborhood banks. Our healthcare system needs a major overhaul. Does it really do you any good to live to your 100's if you end up owing a couple of million dollars to someone and passing it onto your kids? I'd rather live the good life and fight the good fight, then peacefully leave when it's my time.
The parent then made a reasonable comment about how on an individual basis it's not possible to inherit debt. I simply chose to remind him of the fact that you certainly do inherit debt on a national level. Especially so in the context of health care, since your parents are or someday may be getting health care through Medicare, which is funded through your payroll taxes and is not long-term solvent under our current system. If you are relatively young and our system doesn't change soon, you should expect to inherit a significant debt burden on a national level with respect to health care. As the grandparent stated, our health care system does indeed need a major overhaul.
You, Dun Malg, said (in addition to the above quoted dickheadedness):
Not relevant. By the time it passes through the distortion lens of government, it's no longer real money, it's just federal debt. Federal debt never gets paid back anyway, it just waits for inflation to keep the interest payments at bay until GDP renders it inconsequential.
A dick you may or may not actually be, but ignorant you certainly are. Your reference to a distortion lens is quite apropos, however, considering the short-sightedness of your statement. The scheme you describe only works if there is someone willing to continue lending money and if you keep your debt in check with your GDP, which we are not doing now, and will not be able to do with our current system anytime in the near future. Keep borrowing and inflating away your debt obligations as a nation and you will soon find money from willing lenders drying up. Just look at Ireland. In the case of the US, you might also find the hard-earned savings of your citizens becoming worthless.
The situation we are in now is quite grave and I recognize the need to spend heavily to get this economy rolling again (and I really don't want to extent this into some political argument of that type). I'm mainly responding to your dickheadedness, Dun Malg, which is really pretty much borderline douchebaggery, backed up with only short-sighted stupidity, and I really do hope you were over-interpreting my short remark to mean something I didn't intend.
In any event, namecalling will certainly not get us anywhere towards resolving our financial problems, so I hope we can continue discussion elsewhere in a more productive manner.
Cheers,
