Congress’ spending binge is national suicide

[girlmonday]

Congress’ spending binge is national suicide

https://www.newsweek.com/joe-biden-syria...ns-1572291

[pbrower2a]

Government spending ultimately returns, should it stimulate the economy, as increased tax revenue.

[girlmonday]

Wow.

Maybe the debt will be paid off by illegal
immigrants, technology, a zero percent tax rate, or magic
fairy dust, but the reality is that the
US debt is increasing constantly, no one cares,
and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.

[David Horn]

(03-05-2021, 05:39 AM)girlmonday Wrote: Wow.

Maybe the debt will be paid off by illegal
immigrants, technology, a zero percent tax rate, or magic
fairy dust, but the reality is that the
US debt is increasing constantly, no one cares,
and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.

Actually, a thoughtful post!  Yes, there is certainly risk inletting the debt rise above some as-yet undetermined maximum.  There is also risk in doing too little and triggering yet another Great Recession -- also leading to massive debt.  That's why we need the pros in charge. They don't do a perfect job, but they avoid the worst mistakes.  That'll have to do for now.

[pbrower2a]

The problem comes from the government printing money to monetize the debt. National treasures in several countries found debt-service involving the Great War (as it was known in the 1920's and 1930's) impossible to meet through taxes. So the governments let the printing press do the work. The people least able to protect themselves got burned.

[girlmonday]

Americans used to be told to love freedom, peace, and balanced budgets and be moral and independent.

Now Americans must learn to embrace tyranny, war, debt, immorality, and dependence.

[pbrower2a]

(03-05-2021, 10:05 PM)girlmonday Wrote: Americans used to be told to love freedom, peace, and balanced budgets and be moral and independent.

Now Americans must learn to embrace tyranny, war, debt, immorality, and dependence.

Boring!

I thought that Kat Hak Sung was dead.

[girlmonday]

Americans say that you shouldn't fight tyranny because nothing matters, but what will you say when you get sent to the concentration camps?

The elites will not stop because why would they? All of the lines have been crossed and no one has said a word.

At no point will the globalists restore the Bill of Rights, end the wars, or reduce the debt.

Tyranny happens slowly and then you suddenly wake up one day to find the country locked down and the borders closed.

Americans are just animals now.

A 50 year old cop might be hesitant about torturing Americans, but a young cop would not. Churches are closed and there are no morals. Why would you stand up for freedom if you never knew what liberty means?

You might have been surprised the first time that you saw a checkpoint or a black helicopter, but now you're used to it.

The possibility of a police state has become a reality. Now the collapse of the USA has become a certainty.

The quiet warnings of tyranny have become large neon signs.

If you had eyes, you could see the police state.

If you had high-level friends in the government then you would know what is going to happen.

This is not a joke.

The ruling class wants you dead.

You don't have decades or years to prepare for the collapse.

Tomorrow will not be like today or yesterday.

Soon months will become weeks and then you will have days, and then you will only have hours and then just minutes.

History always repeats.

Soon the ATM machines and the Internet will be shut off.

Cash will be banned.

Do really think that the stock market won't collapse for 100 years?

Do honestly believe that the USA will never have starvation, show trials, summary executions, and killing fields?

How long do you think that you have before you're given a mandatory vaccination and a microchip implant?

When will the Gestapo start the door-to-door gun confiscation?

Will you be surprised when property is nationalized, the US flag and national anthem are changed, and the USA is renamed?

Wake up.

Some of the first to die in the gulags will be the most hopeful.