A while back, I posed the question that I think Europe should be asking re:Greece as well as themselves: How can you earn enough money to repay your debts?
This is a pretty simple question, one even an academic might be able to understand. I blogged about the Walmart crowd yesterday - many of them obese, covered in tattoos and speaking pidgin English. I couldn't figure out just what these people are supposed to do with their lives once academics raised the minimum wage to the point where machines were cheaper than hiring them. Meaningful work, at almost any wage, adds crucial value to life. An alternative of watching daytime TV (or worse) while collecting welfare is a living death.
These people are God's children, too, worth in His eyes as much as any of us.
In any case, that wasn't my primary thought while wandering the aisles of Walmart. Each one of those folks owes about $60K in government debt and that's just at the Federal level and doesn't include unfunded liabilities like Social Security.
What kind of idiot thinks these people are going to be able to pay that back or service our ever-growing debt? Who could be so unfeelingly cruel as to load them up with so much debt, without them really knowing or understanding? These are the people who will end up losing their jobs, having their bank accounts frozen and watching the elderly in their communities begging in the streets. Meanwhile, the academics running our government, both Republican and Democrat, will be smart enough to diversify their investments and escape the worst of it.
Really, what I thought as I watched a tough-looking hombre who was covered in skull and gun tattoos (who was shopping with his mommy) was, "Why shouldn't he get all those tats? If the women in front of him want to skip out of school in 8th grade and eat until they swell up like beach balls, why shouldn't they? If they want to live that kind of life, who has the right to raise wages until they can't find jobs and pile debt on them until we all go bankrupt and they take the worst of it?"