Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dforest

“This is why they flood the country with illegals and give them free stuff...for a while anyway.”

The free stuff giveaway has been continuing for selected groups since the Johnson Administration initiated the “War on Poverty” in the mid 1960’s. Sixty years later, the government gravy train has grown exponentially. Section 8 housing, SNAP, Medicaid, student loan forgiveness, free cell phones, earned income credit, college scholarships, subsidies and grants of many kinds.

Congress and the president have demonstrated they will never halt the expansion of the gravy train, much less reduce entitlement spending. However, one day the US Treasury will float a bond issues and there will be no buyers. On that day government will be forced with a choice between draconian cuts in welfare, defense and the bureaucracy or the hyperinflation that goes with printing unlimited amounts of money from thin air.

The day of reckoning is fast approaching.


31 posted on 04/27/2024 7:40:06 AM PDT by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work on it n)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Soul of the South

Don’t forget. The depopulation solution may be how they correct this issue.


46 posted on 04/27/2024 10:16:50 AM PDT by dforest
[ Post Reply | Private Reply | To 31 | View Replies ]

To: Soul of the South

“one day the US Treasury will float a bond issues and there will be no buyers. On that day government will be forced with a choice between draconian cuts in welfare, defense and the bureaucracy or the hyperinflation that goes with printing unlimited amounts of money from thin air.”

**************

Or the government will simply raise taxes to enable it to keep spending, all under the guise of “promoting equity”.

Take a look at this:

https://home.treasury.gov/system/files/131/Advancing-Equity-through-Tax-Reform-FY2025.pdf


100 posted on 04/28/2024 6:48:00 AM PDT by Starboard
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson