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The debt is so colossal that most people literally aren't capable of understanding just how big a number that is.
The government seems to think that it can just print whatever money it wants to spend, with no real plan to get any of it back.
Everyone (with power/authority) is behaving as though all that money printing won't affect anything. Those who are voicing concerns about the result of that xeroxing are summarily dismissed as conspiracy theorists or crazy or whatever.
If printing money doesn't harm the economy, and they can just print whatever they need, why are we paying anything at all in taxes? Why aren't we keeping our money to use as we see fit?
Think of it as a logic puzzle. Let us know what you figure out.
We can stop paying taxes. But that means the government has to print even more money.
Sure, but the argument is that they can do that at will, with no negative repercussions. I'm not saying that *I* believe that, but that's the general argument made when we start talking about inflation. I'm trying to understand it from the point of view of the people arguing for more money printing.
From that point of view, there's no reason for anyone to pay anything in taxes, at all. If the feds need money, they can just print it. If the states or localities need money, they can requisition newly minted cash from the feds as needed.
To bankrupt the country and get the world off the dollar is the goal !!! Then when democrats get in bed with the Chinees Communist Party they will say we had to do it or get our feet bound !!!
The problem is that fewer are paying in and more are taking out. That formula doesn't work for anything unless you are bailing out a leaky boat that is sinking.
I recently heard that to pay off the debt every single person in the US would have to pay $220,000. I don't know if this included the 22 million illegal aliens paying their share but who has $220,000 to hand the IRS?
The problem is DC and it has been for years. If we ran our households like they run the country we would very quickly be living in a van down by the river.
I'll never forget how Hillary Clinton boasted that they cut the aide to Pakistan by 1/3 and saved us over $800 Million Dollars. Why are we giving that kind of money to any foreign country when we have so many homeless and people living on the edge here in the states with thousands more coming in everyday?
Sure, but the argument is that they can do that at will, with no negative repercussions. I'm not saying that *I* believe that, but that's the general argument made when we start talking about inflation. I'm trying to understand it from the point of view of the people arguing for more money printing.
From that point of view, there's no reason for anyone to pay anything in taxes, at all. If the feds need money, they can just print it. If the states or localities need money, they can requisition newly minted cash from the feds as needed.
The repercussions will hit us like a ton of bricks sometime in the future.
It's more like a slow motion suicide.
All empires fall. Rome became a big welfare state and that was the cause of it's demise.
We're not there yet but we certainly are on that road.
As an example: We've eliminated asset checks on some government programs and only go by income.
That is how many, many more people can qualify for government financial assistance when they really shouldn't.
I've been thinking it's time to start talking about a tax revolt.
We must be able withdraw our consent for how the government has been spending OUR hard earned money.
A tax revolt should be protected under the First Amendment as a peaceful way to petition the Government for a redress of grievances.
The petition would get the required signatures and then some. But would the government stop? No, just take out more taxes.
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