The New Option #4

clipped from www.moonbattery.com According to Richard Rahn of the Cato Institute, the government has four options: 1. To greatly increase taxes on middle- and lower-income groups (a political nonstarter). 2. To "fund" all of the new spending by selling bonds to the private market at much higher interest rates (thus sucking out private capital and increasing the cost of homeownership, which will lead to slower growth and higher unemployment). 3. To have the central bank (the Fed) buy the new debt (leading to higher rates of inflation, making everyone poorer). 4. Or for the government to act responsibly and reduce spending. Since Option #4 is completely out of the question considering the ideology our kakistocracy, I suggest it be replaced with: 4. To continue wasteful spending that exceeds our resources until the economy inevitably collapses, in accordance with the Cloward-Piven Strategy. Exploit the ensuing chaos as a crisis not to waste by imposing communism or something very close to it.