Now is the time to STOP AND THINK! Use some common sense. Relate this to reality. Basic economics.
If the United States government was a business, it would be bankrupt today. If the US government was you, it would be facing the bankruptcy judge.
The doors would be padlocked. The courts would be auctioning off assets for pennies on the dollar.
But our government isn’t a business. So we start the printing presses rolling, run up more debt, expand the deficit, year after year. And the value of money goes plummeting down.
When the media and politicians refer to the U.S. debt, they’re talking about the $13 trillion “public debt.” This is an insanely large amount of money.
But this doesn’t even include the huge and very real obligations the government has made for Social Security, Medicare, and other huge entitlement programs.
The TOTAL U.S. debt stands at $104 trillion, according to best estimates of the CBO and other experts.
There is simply NO POSSIBLE WAY that these amounts of money can be repaid. And considering how few honest men there are in Washington, that won’t happen anyway.
Inflation and higher taxes will soon become inevitabilities as the politicians and Federal Reserve take the only steps they know to “fix” a mess they’ve caused.
Sanity must prevail. The Cap & Trade bill will only place more financial burden on everyone.
It is up to each of us (I will repeat --- IT IS UP TO EACH OF US) to educate as many people as we can about basic economics and the direction this 'creeping socialism' is taking us.
How would you like to pay $50 for a loaf of bread? Or $100 for a pound of coffee? That is what it was like in Germany just before Hitler came to power.
If you are not seriously concerned, you must be living in a vacuum.
Election Day in November cannot correct these problems . . . but it is a helluva start.
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