Our current government is not sustainable

CanWeKnow, In your opening statement there are too many assumptions that simply are not true. To begin with, The Federal Republic governmental system is not set in stone. In theory it is independent from our economy, however, our government has become more than a federal republic. By definition a federal republic is a form of government made up of a federal state with a constitution and self-governing subunits. At this point, the federal government is becoming more and more intertwined with the not so self governing subunits (although I wouldn't argue against your definition because it does say a degree of self-government). Because of all of this, our government has become a part of the economy. With public programs like the new health care, Medicare and welfare the government effectively is constantly stimulating the economy. But this doesn't work. Say what you will but we have been trying to do this for decades, although it can provide the illusion of a well functioning economy, the system causes large debts to be acquired by the government, which now has a determining role in how the entire economy functions. However this is not why I think that our current system is not sustainable. It is because of the fact that we spend under the assumption that the economy will pick itself up. However, this is a flawed idea in a state where the government can't have utter control over everything that goes on. This is because it only takes a few banks to go off on their own and for example, give out bad loans that they know are not repayable for personal profit. This is what happened in 2008 and it will be the end of the US, I guarantee it. I do find it hard to explain my thoughts on this topic, but perhaps an analogy would help. Let's take world war one for example. After this war there was a winner and a loser, for our purposes the losers could be the bank owners who lent out money and the winners could be the investors like house flippers, traders and anyone with a risk retirement fund (I know that seems a little backwards, but bare with me). After the war the losers had many sanctions placed upon them which sent them into economic turmoil. But in our case, the losers were given money to start giving out loans again. But this does not work because the winners who take the loans still have no way of repaying them due to the new state of recession in the nation the losers keep losing and this will eventually cause the winners to go down with them. But right now, we are in a lull, the last uptick before death overcomes the nation. I believe that the stock market uptick right now is just an illusion that is backed by nothing more than government debt that is ever rising. At this rate, even with extreme austerity it would take more than 10 years to eliminate the debt that we have acquire. Do I think that we would undergo austerity measures? No, we will have to default before it comes to that. And this default will lead to inflation, and high interest rates to compensate. The price of commodities will skyrocket and the dollar may not exist as we know it ever again. Without some physical backing, we can print as much money as we want to, and printing money, the foundation of our society will inevitably be the downfall of our nation.