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US Coronavirus Spending Is About To Soar Past What America Spent To Defeat The Nazis In World War II
Citizens Journal ^ | 03/10/2021 | ANDREW TRUNSKY

Posted on 03/11/2021 11:19:56 AM PST by Kid Shelleen

The House passed President Joe Biden’s American Rescue Plan Wednesday afternoon, raising the price tag for federal government spending on coronavirus relief to $5.5 trillion.

The $1.9 trillion bill is just the latest that Congress has passed in the past year, adding to the unprecedented amount of money that is greater than the United States has spent on any previous national emergency in its history. The $5.5 trillion price tag is higher than the 2019 GDP of every country in the world except for the United States and China, and is more than the $4.1 trillion the U.S. spent on World War II if adjusted to today’s dollars.

(Excerpt) Read more at citizensjournal.us ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS:

1 posted on 03/11/2021 11:19:56 AM PST by Kid Shelleen
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To: Kid Shelleen

All this money is bailing out decades of failed democrat policies at the state and local levels.


2 posted on 03/11/2021 11:21:22 AM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Kid Shelleen

Why aren’t we bombing China?


3 posted on 03/11/2021 11:24:22 AM PST by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents)(Know Islam, No Peace - No Islam, Know Peace)
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To: Kid Shelleen

Well, let’s be honest, most of that “coronavirus” spending has little if anything to do with the coronavirus. It’s just an excuse to turn the “pork valve” all the way open.


4 posted on 03/11/2021 11:25:11 AM PST by Boogieman
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To: Boogieman

Exactly.


5 posted on 03/11/2021 11:26:31 AM PST by monkeyshine (live and let live is dead)
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To: Lurkinanloomin
Because, Hawley, Trump and Biden got your grandchildren to ‘pay’ reparations for the problems China created.
6 posted on 03/11/2021 11:32:48 AM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Lurkinanloomin

China is only ancillary to our problems.

The problem’s origin, and solution, all lie within American politics itself.


7 posted on 03/11/2021 11:40:04 AM PST by PGR88
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To: Lurkinanloomin

Because China owns our pResident


8 posted on 03/11/2021 11:41:03 AM PST by lerker
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To: lerker

And Congress.


9 posted on 03/11/2021 11:55:51 AM PST by Sparky1776
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To: Theoria
Because, Hawley, Trump and Biden got your grandchildren to ‘pay’ reparations for the problems China created.

Haa?

10 posted on 03/11/2021 11:59:57 AM PST by Pollard (Bunch of curmudgeons)
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To: Kid Shelleen

It’s an amount beyond comprehension to be spent in such a small amount of time.
The effects, both good and bad, will be astounding.


11 posted on 03/11/2021 12:16:28 PM PST by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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Except the young lives lost.


12 posted on 03/11/2021 12:19:03 PM PST by Gene Eric (Don't be a statist!)
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To: Kid Shelleen
From the Heritage Foundation, 2014:

Every Baby Born Today Has a $39,500 Debt

13 posted on 03/11/2021 12:39:57 PM PST by Dalberg-Acton
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To: Kid Shelleen

Less than 10% of it is COVID stimulus. The rest is unrelated spending.


14 posted on 03/11/2021 12:58:04 PM PST by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: Kid Shelleen

and people thought we had inflation in the 70’s under Carter, you just wait!!


15 posted on 03/11/2021 1:04:51 PM PST by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: Kid Shelleen
As I calculated this morning, we lost about 108 million man-months of employment and pricing that at a generous $4,000 a month (and ignoring the unemployment payments that partly replaced that incoming) that's $432 billion to replace those wages. Instead we're spending 6 trillion?
16 posted on 03/11/2021 1:18:36 PM PST by palmer (Democracy Dies Six Ways from Sunday)
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To: Kid Shelleen

Hate to bring this up but.....

Look at the people we had to fight World War II.

Look at the people we have today.

Even worse

Look at the leadership we had during World War II.

Look at the leadership we have today.

We’re lucky the whole thing has gone as good as it has.


17 posted on 03/11/2021 1:55:44 PM PST by I cannot think of a name
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To: Dalberg-Acton
I think it is around 85K per person (220K per tax payer) depending on which source you use.

US Debt Clock
18 posted on 03/11/2021 2:47:33 PM PST by Kid Shelleen (Beat your plowshares into swords. Let the weak say I am strong)
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