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To: ChicagoConservative27
As Milton Friedman famously stated: "All debts get paid." In reading the article, it said $100 million in debt, but the article said: "...it is working with the state to leverage more than $550,000 in American Rescue Plan federal funds..."

So...exactly.

We know now who is paying for $550,000 of people's debt. We who pay federal taxes are all going to pay that.

Gee. Who is going to cover the other $99,450,000 dollars worth of debt?

10 posted on 08/21/2024 11:11:06 AM PDT by rlmorel (J.D. Vance and The Legend of The MaMaw of The 19 Loaded Guns!)
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To: rlmorel
Gee. Who is going to cover the other $99,450,000 dollars worth of debt?

Also from Milton Friedman: "Inflation is the one form of taxation that can be imposed without legislation."

So when you see that your pound of hamburger or new air-conditioner has doubled in price, you can know that extra money you are paying has already been spent by politicians to wage a war, forgive someone else's debt, or pay for some new leftist social-engineering scheme.

15 posted on 08/21/2024 11:23:33 AM PDT by PGR88
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To: rlmorel

Fire up the printing presses!


39 posted on 08/21/2024 1:09:41 PM PDT by ViLaLuz (2 Chronicles 7:14)
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