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