Yeh - The GI Bill is a good thing. It put my dad through college.
You guys want to save the "Empire." Now, I don't like the idea of an empire. The Romans had one for a long time and it didn't always work out well for the guys they conquered. Genghis Khan had one and folks didn't always like it when he and his buds rode into town. Spanish had a big empire in South America. It just seems like the next thing you talk about with that empire is people dying in Silver mines and the inquisition thing.
However, we've got a lot of good things in the USA. We've got small town value. We've got mom and apple pie. We've got people who often help their neighbors. I think maybe saving the "empire" may be about saving some of these good values. How are we going to do that?
It gets harder for people to help their neighbors when there are sick and hungry people getting more and more commonplace. You may not even get to know your neighbors when you are doing the living in the car thing. So, maybe we've got to fix these issues.
Empires are always based on money. Guys who did the conquering were all about the treasure that other people had. Sometimes it was gold. Sometimes it was slaves. So, to keep the empire going, you need the money flowing in. The best way is to make goods and services and have them flow out. Another really good way is to have spare money that you can borrow out with interest.
Maybe, if we just devalued the dollar, we could save the empire. Sure, the stuff from China would be more expensive, but it also means our stuff we make will be cheaper for everybody else. We grow our own food in the US (except bananas and coffee). We now are the biggest oil producer so can be energy self sufficient. So, I don't think our standard of living would take a big hit. However, we would be able to sell all sorts of products to the rest of the world.
China kept their currency low for many years. These guys take the long term view. They've had lots of empires with the dynasty thing. No teacher is better than experience.
https://www.investopedia.com/trading/chinese-devaluation-yuan/Are the guys in charge already doing this? They are increasing the money supply. They are putting more dollars out there so they should be worth less. Wages are not really rising in the US. Are they smarter than we give them credit for and are saving the empire? Let's hope so. I like mom and apple pie.
You might want to ignore this one and that's OK too.