When (and if) we chop the hell out of the federal budget will solve this and most other serious problems as we give power back to American citizens. Say about 30% for starters that will in essence take away the feds ‘redistribution of wealth’ scheme that has all but ruined this country. Many departments just need to get dissolved and/or get turned back to the states. One could go on and on about this $40,000,000,000,000 in debt by the end of the decade but it is obvious this country will have to collapse before anything is done.
No wonder the current generation of younger ones is so messed up as they are the by-product of poor and corrupt government in just a few generations. (Most welfare, forgiving of loans etc., the list is in the thousands.)
And it gets worse, gas stoves, electric cars, planet burning up, and a myriad of other made up schemes and that is just one day, make that yesterday. To start? A Convention of States won’t happen until we hit rock bottom and that can be put off another a generation or so until it finally collapses, maybe for good. We hear a lot about a Civil War II happening (this time blue and red) but it is only wisecracks, sarcasm and the like as one doesn’t take this notion seriously at this time - yet it seems inevitable long before the end of the century.
Hey, who cares? Once the “rich” pay their “fair share” of taxes, it will all be solved. If not, we’ll just move to Communism.
That’s Bidenomics.
Seems plausible but why are 30 year t bonds shorted driving up the interest rate?