Oh Lord and still California votes liberal D or R. Very, very sad. I love here but must say most are brainwashed idiots.
Oh Lord and still California votes liberal D or R. Very, very sad. I live here but must say most are brainwashed idiots.
“Jerry! Guess what’s in this envelope?”
“The Statue of Liberty?”
“Right! You win! Give me ten bucks.”
“OK!”
Here’s what I don’t understand. The government spends more than it brings in. It’s been doing this for decades. Why can’t they just keep on spending and keep racking up the debt?
It’s like someone with a credit card who doesn’t have a job. He keeps spending and the bank keeps allowing it. The difference is the bank put a cap on how much the debt could be. The federal government doesn’t have a cap.
And just like Europe, they issue “debt” bonds to shift the payment to the future ... unfortunately, the future does come!