Re:Coders who trade: Wall Street designs its staff for the f...
by candiodari on Saturday November 18, 2017 @07:33PM
(#15731543)
> That said, can we "reconfigure society" so that all this competitive activity of shuffling money from one pile to another isn't done? Maybe.
Your proposals boil down to ending deficit spending. Aside from the authority issue (no single entity has authority to do this, not even congress, definitely not the president), that means the US Federal government has to cut $650 billion dollars in spending.
Or to put it more directly: We currently have pensions, social security, an army (meaning having an army at all). Pick 2. The other one gets destroyed.
Your proposals boil down to ending deficit spending. Aside from the authority issue (no single entity has authority to do this, not even congress, definitely not the president), that means the US Federal government has to cut $650 billion dollars in spending.
Or to put it more directly: We currently have pensions, social security, an army (meaning having an army at all). Pick 2. The other one gets destroyed.
Still sounds reasonable ?