Debt based currency is one thing.. It's the unrestricted use of debt as a means to fund society that has landed certain nations in this mess; that is the real problem.
So you would agree with an amendment to prevent any future deficit budgets?
Debt based currency is one thing.. It's the unrestricted use of debt as a means to fund society that has landed certain nations in this mess; that is the real problem.
So you would agree with an amendment to prevent any future deficit budgets?
I can support that, but understand that gvt freebies will dry up pretty fast as a result.
The important thing is for us, the citizens, to determine what is essential services (education, healthcare, security, CPP etc) and demand that those are fully funded and the govt, if not allowed to run a deficit, will adjust taxes accordingly. Anything deemed non-essential does not get any govt funding unless the citizens agree to it in a referendum.
Read this book. It's a horror story with Frankenpolitics and t all ties into how Grasslands National which just happens to be some of the sweetest NG fields as well as Bakken resources came to be.The public has been handed any - and everything - that they want for so long that virtually everything is deemed an essential service. In the end, IF the public at large is expected to fund all of the programs on a cash basis, you'll soon observe that the systems get a helluva lot leaner and thinner
Anything deemed non-essential does not get any govt funding unless the citizens agree to it in a referendum.
I've always been against referendums. We either have a representative democracy or a direct one. Both doesnt make much sense. In California the citizens and the government are constantly undoing each other. You get your say when you vote for your representative.