WASHINGTON, D.C.—After successfully plundering the dreams and futures of your great-grandchildren to pay off unions and poorly run blue states, the Democrat Party has announced they are moving on to plundering your great-great-grandchildren.
“We wanted to spend another $6 trillion, but we ran out of everyone’s great-grandkids’ money,” said Senator Chuck Schumer, “but then we found all the great-great-grandkids’ money! So much money! So we decided to spend it.”
House Speaker Nancy Pelosi also backed the legislation, saying: “Your great-great-grandkids aren’t around to stop us, which is good because spending all this money is a moral Christian imperative!”
Investigative reporters discovered, however, that Pelosi’s great-great-grandkids are actually living, as well as her great-great-great-grandkids. Sources say they have all condemned the reckless spending bills.
Pelosi then denounced her great-great-grandkids and her great-great-great-grandkids as “heartless” and “shameful.”
Go here to read the rest. The world is careening to an economic meltdown which will make the Great Depression appear to be a golden age of prosperity. The debt will be repudiated, probably through hyperinflation or payment in a new currency, but however it proceeds the economic havoc it will wreak will be a whirlwind through our society.
Don’t know about a Great Depression. We do have a fair idea that fiscal stimulus has quite weak effects on output and there isn’t much justification for it except in quite odd circumstances. People like Paul Krugman favor it because it allows politicians they favor to allocate production and income. The Democrats build these sorts of crooked patron-client relationships the way normal human beings breathe.
Pelosi. No need to say much more…