What does the national media continue to scare us about the national debt?
Why does the national media continually focuses on the national debt?
They need to do this so that they can bring up the specter of the enormous national debt at their convenience.
If you’ll notice, they never bring up the issue of the national debt when it comes to military spending, funding of Ukraine, or their own pay raises.
The specter of the national debt is only brought up when they need it to be brought up.
When do they need it to be brought up?
When there is a bill proposed that helps out the American people.
Eliminating the homeless.
Canceling student debt.
Affordable healthcare for all.
When these issues arise, issues that would help even the playing field between the rich and the poor, then the national debt becomes the all important issue.
That’s why they need the issue of the national debt.
Of course, the national debt issue is a bogus issue.
As explained previously the issue is bogus because the national debt is never meant to be paid off.
In fact, increasing the national debt can be a valuable tool to equaling the playing field between rich and poor.
For example, suppose that I printed up $35 trillion and gave it all to the middle-class and poor. What would be the effect of that?
I picked $35 trillion in order to make the division easier. Let’s divide $35 trillion by 350,000,000 people.
That’s $100,000 for each and every American.
What does that have the effect of doing?
It helps level the playing field between rich and poor.
It gives a big boost to the middle class and poor.
It helps make up for all the robbery that the rich have been engaging in.
You heard me right. The rich have been robbing the poor and middle class through exorbitant government contracts.
Government contracts are what made the Dupont family rich.
Government contracts are what made Brown and Root rich.
Government contracts are what made the Steinbriner family rich. You probably thought George Steinbrinner was just the former owner of the Yankees. No way, baby. His family made their money building Navy ships.
Why shouldn’t you get in on the action?
Now, I’m not advocating that we print up $35 trillion for people to go to Vegas.
But I think it would be a good idea to invest in projects that would benefit the people.
Those projects involve student debt relief, comprehensive healthcare for all, high speed rail, fixing the homeless.
What’s wrong with that?
Don’t be dissuaded by the bogus argument of increasing the national debt.
It’s a bogus issue.
Bogus. Bogus. Bogus.
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