Voron isn't a company, nor are they after a profit, all designs are 100% opensource. Sovol runs on a profit and uses opensource designs to run their products.
Fortunately insolvency in this scenario mean that they will only be able to afford to pay around 3/4 of promised benefits.
Closing that budget gap is a problem that will need to be dealt with, but it's not impossible to fix and it's a fairly long way away. There are a lot of proposals going around for how to fix it and those will become more politically palatable as it gets closer.
That might have as much to do with their insane system for choosing a Doge, which many historians think did a lot to force compromise and reduce corruption.
They took the full council, selected a random subset, had that group choose another group from the full council by voting, then repeat that random selection followed by voting another few times ending with a final group who voted to select a Doge.
This appears to be using "government" in American English sense, where "government" refers to anyone who works for the state in any capacity, including courts, not just the executive.
The ratio itself is less worrying than how fast the ratio is increasing. It was under 80% in 2019 and under 40% in 2009[1]. (This is excluding debt the government owes itself, which I believe WSJ is also doing).
The selection of those data points is rather misleading. Debt to GDP ratio tends to spike during recession recovery. There were spikes in 2009 and 2020 due to the Great Recession and Pandemic respectively. The level was pretty flat from 2001 to 2008, from 2013 to 2019, and 2021 to now. The current growth rate for the past 3 years is pretty in line with what it was from 1982 to 1994.
Obama also cut the deficit by more than half. It didn't get all the way to a balanced budget because of how bad of a mess Bush left to clean up, but it was moving in the right direction.
And as a sibling post noted, Bush senior also both raised taxes and lowered spending on a relative basis. So the original assertion is decisively disproven -- half of our modern era presidents (along with the Congress they presided over) did not behave the way they said "only happens".
Incentives are key. If Congress does not present a balanced budget then there has to be consequences. Many other countries work this way. No balanced budget forthcoming? Then there is an immediate collapse of the current government or ruling party and run-off elections to replace them.
The issue with requiring balanced budgets at the federal level is there are a number of situations where, by any economic theory, you want to run deficits.
So what you really need is an impartial Fed-budgetary-counterpart arbiter that declares when balanced budget rules are and aren't in effect.
And probably toss in what target percent of debt needs to be paid down too.
That depends how you define "densely populated", but certainly most car trips are near where people live and work, not in wilderness camping areas you are describing.
reply