.
Yeah?
Cool!
Does this mean that we can finance the opening of the Grand Brontosaurus-Tyrannasaurus
Ballet featuring 275,000 dancing dinosaurs too?
It all just keeps getting better & better! WOW!!
/sarc
Posted on 02/16/2023 7:28:47 AM PST by Kaiser8408a
President Biden loves to demonize his opponents like Republicans over spending and the Federal budget. Biden argued that his budget won’t increase taxes on Americans making less than $400,000 a year and will ultimately cut the deficit by $2 trillion over the next decade. The president has yet to release his budget plan but has promised to do so by March 9.
Of course, Biden ignores “the inflation tax” which is crippling American households (negative REAL hourly earnings growth for 22 straight months). And while he won’t raise taxes on Americans making less than $400,000 (he doesn’t have the authority), he loves to spend money like most of Congress. Without tax increases, The Federal Government will have to issue MORE debt and run budget deficits in perpetuity.
Here is the sickening forecast of Federal budget deficits. Budget deficits are forecast to keep rising and are project to hit -$20 TRILLION over the next 10 years.
Here is the spreadsheet of projections from the Congressional Budget Office.
The US is already experiencing irresponsible growth in Federal debt and interest payments on the Federal debt.
Interest costs will nearly triple in the next decade. The Federal Reserve has increased interest rates eight times since early 2022 to combat high inflation — which has contributed to the significant increase in the federal government’s cost of borrowing.
Here is my black German Shepherd listening to me talk about the dangers facing the US economy.
(Excerpt) Read more at confoundedinterest.net ...
The high inflation that has happened under Biden which has been caused by his predecessors and by him to a much larger extent is taking care of the increase in taxes on everyone in America. Great job!
Well, Biden and those around him won’t be around to worry about the budget deficits, so, it’s a non-issue for them.
Not our problem, not our job. It’s always somebody else’s problem, even if they are currently create them.
the GOP voted for this to backstab their voters.
the DNC voted for this because this is what they do.
Scripture speaks of those coming under judgment putting their money into pockets / purses with holes in them.
This nation is presently under judgment.
That isn’t just supported by the rampant fruit of depravity of display.
Being a prepper will not help you if you aren’t right with the Lord.
Rather than control expensive leftist/progressive government schemes, and limit woke, top-down social engineering via Fed.gov - the US Dollar MUST continue as the global reserve currency to support this bloat
In some cases, that will mean waging war to preserve it - as we see in Ukraine now.
If you have ever wondered how so-called “liberals” like AOC, the Squad and Bernie Sanders became the pro-war, especially in Ukraine - now you know.
Ground Control to Major Tom
Can you see the debt ceiling yet?
Send the bill to the Democratic Congressional Campaign Committee.
They are responsible for every cent.
What is this ‘inflation’ spoken about? We managed to buy a $100.00 worth of groceries the other day. Only cost us a mere $311.00 after $74.00 in coupons. 🤔. Hey joementia, 🖕
“Houston, we’ve have a problem”:
... not even sure the corrupt GOP and DNC have any REAL
interest in stopping the rising of the debt ceiling yet.
let alone rolling it back by returning unused,
and Ukraine-laundered, and stolen TAXPAYER money.
.
Yeah?
Cool!
Does this mean that we can finance the opening of the Grand Brontosaurus-Tyrannasaurus
Ballet featuring 275,000 dancing dinosaurs too?
It all just keeps getting better & better! WOW!!
/sarc
Guess what. The government is entirely too big. The solution: massive cuts. Problem solved. Unintended consequences: freedom.
As I sometimes put it, they are so far beyond pump priming now with their spendthrift ways it is better to call what they do economic masturbation, waking off trillions for jollies is what they do. And there is no more sanity or rationality in them than a sex fiend who constantly simulates themselves towards the next orgasm.
They act like just stopping would be a disaster but keep accelerating towards a far worse disaster when they are stopped no matter what they want.
I guess we all will be the homeless people I have learned to despise and hate. Money will be worthless, my retirement budget will not have a place for fuel or food. Me and the Missus are planning on selling the house, buying a nice RV and living in it until death. We will mosey down to AZ and keep to ourselves.
We are never too old to pick apples, berries or do farm labor of some sort, until we reach decrepit.
They turn their own fiat dollars into things that hold and go up in need and worth. That is why THEY don’t care about the end game of unlimited “printing” of money. You see, their income is 3-10X more than ours, and there is money left to invest and purchase hard goods. Most people I know, are getting by.
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