Every Dark Cloud Has A Silver Lining

Sometimes I feel really sad about the dismal financial future facing our country. We are for all intents and purposes insolvent. If you look at the obligations of the federal government, present and future, you quickly see that there is no way that this country will ever be able to pay them. So what happens? Well it depends on who you listen to. Some folks think that the government will inflate the money supply, debasing the currency until we have runaway inflation like they had in Germany between WWI and WWII and like they are having in Zimbabwae today. Others say we are going to have severe deflation and wind up in another great depression with no one having any money to buy anything and nothing being produced to buy even if they had any money. Either way the economy will be wrecked and many people will suffer. Hard to find any silver lining in either of those dark clouds, but I have given it a lot of thought and I think I have hit upon something.

The fiscal irresponsibility of our current and former government officials has certainly put us on the road to financial ruin and we are no doubt going to suffer a terrible economic crisis. The economy will certainly be laid low. Thats the bad news. The good news is that a destroyed economy will also destroy the tax base. The flow of money into the hands of the government will dry up. Most of the good people who currently work in all those less than worthless government jobs will be put out of work. I believe that when those good people lose their government jobs, they will go out and find gainful work, probably through self-employment. They will start doing tasks that add value to the economy. When those displaced government workers start doing something worthwhile, their contribution to the economy will help to start rebuilding it. The folks that are already doing gainful work will be better able to produce since they won't have all those government workers hindering them. Pretty soon we will have a stronger, better economy than we have ever had before. Silver Lining!

I only hope and pray that when that day comes, we will all look back and remember history's lesson and never let irresponsibile government officials get us into another mess like we are in right now.