That's strange to hear, considering it is usually the imperialists who are worried about the American empire collapsing or losing its world dominance.
No, this is full-out ideologic bias.
Having too much debt is seen as a threat to our world dominance since borrowing money makes you dependent on whoever lent you the money. I think the worry is usually that we will become too dependent on foreign powers, in the same way that when we lend money to 3rd world countries (for example, through the World Bank of the IMF) they tend to become dependent on us.
That's part of it, yeah. How many "3rd world countries" have you lived in?
Hearing you concerned about this seems quite backwards to me.
No doubt. You're clearly looking at the world through the eyes of an imperialist.
So I'm wondering, why are you so worried about that happening? I would expect an imperialist to use worries about the debt as an excuse for more aggressive conquest.
Well, I didn't say I was worried about anything so I guess you're projecting someone else's argument onto mine. However, I am definitely of the opinion that the collapse of the US economy is underway - in part due to its unmanageable debt. So if you're curious as to why I'm "worried" about that happening, I'd think that about as silly as asking why someone would be "worried" about Obama committing war crimes. Of course he's going to commit war crimes - just like every other president of the 20th century. Similarly, of course the US economy is facing imminent collapse. It's falling into the same holes countless other civilizations have - (cf. Jared Diamond)
At any rate, there is nothing to worry about. That $700,000 number is the most meaningless number on the page, I have no idea why they put it there because it isn't even related to the national debt.
Go back to sleep America, everything is under control. Right. Spoken like a true imperialist. ;) This exchange concerns me - above and beyond the pleasant ideologic asymmetry (i.e., fodder for conversation) - because I am sensitive to how easily academics become disconnected from the working-class experience. The "Ivory Tower" stereotype doesn't arise out of nowhere. As I'm also en route to my own career in academia, I'm going to make a concerted effort to see that these classist prejudices don't seep into my worldview.
no subject
No, this is full-out ideologic bias.
That's part of it, yeah. How many "3rd world countries" have you lived in?
No doubt. You're clearly looking at the world through the eyes of an imperialist.
Well, I didn't say I was worried about anything so I guess you're projecting someone else's argument onto mine. However, I am definitely of the opinion that the collapse of the US economy is underway - in part due to its unmanageable debt. So if you're curious as to why I'm "worried" about that happening, I'd think that about as silly as asking why someone would be "worried" about Obama committing war crimes. Of course he's going to commit war crimes - just like every other president of the 20th century. Similarly, of course the US economy is facing imminent collapse. It's falling into the same holes countless other civilizations have - (cf. Jared Diamond)
Go back to sleep America, everything is under control. Right. Spoken like a true imperialist. ;)
This exchange concerns me - above and beyond the pleasant ideologic asymmetry (i.e., fodder for conversation) - because I am sensitive to how easily academics become disconnected from the working-class experience. The "Ivory Tower" stereotype doesn't arise out of nowhere. As I'm also en route to my own career in academia, I'm going to make a concerted effort to see that these classist prejudices don't seep into my worldview.