A Guide For the Perplexed Taxpayer

I thank the Bee for the handy guide to the forthcoming “stimulus” bill above, although I believe it will be closer to two trillion dollars.  Go here to read the rest.  Our debt is currently around 137% of gross domestic product.  When debt reaches that amount the Bible provides a handy summation of the budgetary process that follows:

 

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Michael Dowd
Michael Dowd
Thursday, August 6, AD 2020 3:12am

Yes. Making things worse faster. Dollar in decline, gold and silver rising fast. Stock market crash ahead. And then? Prepare and pray.

Art Deco
Thursday, August 6, AD 2020 9:02am

Again, our political class had every opportunity after 2009 to bring the budget into balance (which the 79th and 80th Congresses managed in just a few years after WWii). They and the Presidents we have had Just.Did.Not.Feel.Like.It.

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