To: C210N
All federal spending derives from new borrowing or sources other than taxes.
You are correct, and I find it amazing how ignorant the public really is on this subject. Tax Revenue has NOTHING to do with Spending. I find at best 1 out of a 1000 actually understand how the game works. It is Impossible to PAY down even a Nickel of Federal Debt without Imploding the Economy, the only way out is complete dissolution.
11 posted on
05/25/2021 8:27:49 AM PDT by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: eyeamok
Spot On.
It doesn't have to implode... it could in theory continue for quite awhile longer. But, that would entail most people remaining blind to the evil behind all this, essentially the Deep State Cabal.
I want, we should all want it to implode. That's the only way. And that is what will be happening: Nothing Can Stop What Is Coming.
17 posted on
05/25/2021 8:50:55 AM PDT by
C210N
(You can trust government or you can understand history. But you CANNOT do both)
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