Given the current political pressure to cut government spending, one can expect the Obama administration to come up with a few economies to point to in their propaganda. This is one. Even the stopped clock is right twice a day.
To cut government spending? Are you serious?
They argued from 100 billion, down to 60, down to 30, and then we find out that those “cuts” included allocations that were not spent and that had already been withdrawn.
This administration is literally spending the US economy and the US dollar to death. They have no intention to cut spending truly.
Their goal is to spend America into bankruptcy and to consolidate as much power centrally as they possible can. They want a soviet-style government in America.
Digital payments of all forms is one piece of that power pie. The ultimate would be to convert to a full digital currency, for then they would be able to database every detail of our lives and “cut us off” if they deem us an enemy of the state. But replacing a paper currency with a digital one must be done veeerrryyy gradually through incremental steps. One of those steps is to convert as many financial transactions to a digital medium as possible.
I wouldn’t doubt for a moment that the implementation and maintenance of this computer system will end up costing as much as the paper checks. I know they’ll spin it as a cost savings, but we all know that the proposed cost of a computer system and the real cost are often miles apart.
Hey, FRiend...I don’t mean to come across as argumentative or as a contrarian. I just do not trust the communists currently in power and I am suspicious of anything they do that empowers Statism.
I know where you’re coming from and don’t dispute that it would be good to cut costs wherever possible, especially through automation. The digitization of our financial transactions just doesn’t sit well with me. That’s all.