JUST SOME POSTS

The current administration is being labeled with many names. Most of these are due to two of the major activities being carried out (or that are being tried to be carried out!) - dealing with and deporting illegal aliens and government spending. I will leave the former for later after just saying that having a country where anyone can show up and get similar (or better?) benefits than long-standing citizens, there is a serious issue. Starting out by breaking the law is no way to start a relationship. But, enough of that subject. On spending. Since reading details does not seem to be what a lot of folks do these days I will break it down to the heading of this post - WE ARE BROKE! I am going to offer many facts and figures to document this, but if you don't read any further, remember that fact.  I have not given my list of absolutes in a while, as I do not post nearly as much. I have been writing books for the last seven years and that takes time that I would have spent writing here...

As I am writing this Congress appears to be about to pass and send to the President to sign, a "bailout" bill to help offset the financial effects of Covid-19. (The Senate has passed their version and it is moving to the House for a vote today) The total price tag is going to be in the neighborhood of $2,000,000,000,000 (two Trillion, with a "T").  That is over $5,500 for every man, woman, and child in the US that will have to be paid back at some point. I wanted to put the amount into perspective. Did you realize that the TOTAL SPENDING of the federal government of the US did not equal or surpass $2 Trillion until 1990. That year the total expenditure was $2.08 Trillion.  Nine years later in 1999 the total expenditures of the federal government equaled or exceeded $3 Trillion for the first time with a total of $3.06 Trillion.  Only five years later in 2004 spending equaled or exceeded $4 Trillion for the first time (helped along by spending after 9-11). The ...