If there is not radical reduction of government expenditures, then, just like an individual who has taken on too much debt, America will become de facto bankrupt.
The interest on the debt is trending to rapidly absorb all tax revenue, leaving nothing for critical needs.
Free markets vs collectivism has been an ongoing dynamic since the dawn of civilization, dating back thousands of years before Marx.
Read The Story of Civilization by Durant.
Who sends out the commands to the NPC media puppets? I’d like to meet them.
They should really use a thesaurus, so that every media outlet doesn’t use the EXACT SAME words every time.
Since your handle is “Whole Mars”, perhaps this lengthy reply is apropos:
Getting the cost per ton to the surface of Mars low enough that humanity has the resources to make life multiplanetary requires a roughly 1000X improvement in rocket & spacecraft technology.
Recent US Mars missions have had a cost per ton of useful load to the surface of Mars of about $1B. Moreover, it has become more, not less, expensive over time!
To build a city on Mars that can grow by itself likely requires at least a million tons of equipment, which would therefore require >$1000 trillion, an obviously impossible number, given that US GDP is only $29T.
However, if rocket technology can be improved by 1000X, then the cost of becoming sustainably multiplanetary would drop to ~$1T, which could be spread out over 40 or more years, so <$25B/year.
At that cost, it becomes possible to make life multiplanetary, ensuring the long-term survival of life as we know it, without materially affecting people’s standard of living on Earth.
Starship is designed to achieve a >1000X improvement over existing systems and, especially after yesterday’s booster catch and precise ocean landing of the ship, I am now convinced that it can work.
Just inspected the Starship booster, which the arms have now placed back in its launch mount. Looks great!
A few outer engine nozzles are warped from heating & some other minor issues, but these are easily addressed.
Starship is designed to achieve reflight of its rocket booster ultimately within an hour after liftoff. The booster returns within ~5 minutes, so the remaining time is reloading propellant and placing a ship on top of the booster. https://pbs.twimg.com/media/GZ0CGCYXMAEMNc8.jpg
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Notes by Elon Musk | export