Post by Admin on Jul 24, 2021 11:07:04 GMT -6
Originally posted to FaceBook Oct 11, 2020 - moved here July 24 2021
Stop the Stimulus!!
I know this opinion will be unpopular among many, but we need to tell our government to stop negotiations on the stimulus immediately and let it die. Let's break down the situation in family household budget terms:
If the government's yearly income was the equivalent of $100,000 per year, they would have $675,000 in unsecured credit card debt and, depending on the year, between $120,000 and $150,000 in yearly bills/expenses/obligations.
With this stimulus, those with the pursestrings are arguing over whether to spend another $45,000 or another $65,000 to distribute among the family. It will go directly onto new credit cards (issued endlessly by the FED) that are created out of thin air.
I think there may be several out there that believe we can live that way, applying for new credit cards, maxing them out and keeping up with the minimums ad infinitum, but it doesn't work on the individual level and it doesn't work on the federal level either.
Republicans and Democrats are currently two sides of the same counterfeit coin and they are driving our beautiful Republic to bankruptcy and its demise. The only group talking balanced budget is the Libertarians, so if America is going to continue to be America, the Libertarians need a bigger voice or the Rs and Ds need to start sounding a lot more like them.
Stop the Stimulus!!
I know this opinion will be unpopular among many, but we need to tell our government to stop negotiations on the stimulus immediately and let it die. Let's break down the situation in family household budget terms:
If the government's yearly income was the equivalent of $100,000 per year, they would have $675,000 in unsecured credit card debt and, depending on the year, between $120,000 and $150,000 in yearly bills/expenses/obligations.
With this stimulus, those with the pursestrings are arguing over whether to spend another $45,000 or another $65,000 to distribute among the family. It will go directly onto new credit cards (issued endlessly by the FED) that are created out of thin air.
I think there may be several out there that believe we can live that way, applying for new credit cards, maxing them out and keeping up with the minimums ad infinitum, but it doesn't work on the individual level and it doesn't work on the federal level either.
Republicans and Democrats are currently two sides of the same counterfeit coin and they are driving our beautiful Republic to bankruptcy and its demise. The only group talking balanced budget is the Libertarians, so if America is going to continue to be America, the Libertarians need a bigger voice or the Rs and Ds need to start sounding a lot more like them.