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TopicWouldn't splitting America in 2 solve all of our problems?
tennisdude818
03/11/20 10:26:15 AM
#34:


The US was originally supposed to have a very weak federal government, making it easy to vote with your feet. Over multiple generations, we somehow decided bit by bit that this bloated monstrosity of a federal government that controls a massive amount of the economy and has bases all over the world is constitutional.

Logistically it would be hard to break up because of debt and unfunded liabilities. If there is a hard economic reset such as a federal budget or dollar implosion it may become more feasible because states would have nothing to lose.

I think the above mentioned fiscal or dollar implosion is inevitable because the path of least resistance for politicians is deficit financing. I dont know what level of debt to GDP is too high, but its a safe bet that well get to that level regardless of what it is thanks to our governments political incentives. If your central bank makes debt cheap and you are an old politician looking to be re-elected in 1-4 years, why would you cut deficits when you can buy votes?

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