December 21, 2022
Spendthrifts
Steven Chase
And in case anyone forgot Economics 101 - Pumping trillions into an
economy can ONLY increase inflation. No serious scholar has ever
claimed otherwise.
Tim adds:
I did that years ago. I pointed out that you have to start spending in the Pleistocene to spend that much by now (actually less as this was the Obama era.) See here.
The permanent political class in D.C. will spend nearly $2 Trillion signing Your/Our names to the debt.
If you were to count that money - at one per second - it would take you 62,000 years. Not days or months... but years!
Don't believe it? Ask Google: How many years is a trillion seconds. Then double that.
Tim adds:
I did that years ago. I pointed out that you have to start spending in the Pleistocene to spend that much by now (actually less as this was the Obama era.) See here.
Posted by: Timothy Birdnow at
12:21 PM
| Comments (2)
| Add Comment
Post contains 119 words, total size 1 kb.
1
Similarly, can you read and comprehend 9000 pages in one day? If so, and only if so, you can reasonably vote on the latest Congressional spending bill.
Posted by: Bill H at December 22, 2022 10:53 AM (Q7br2)
2
Right Bill. Lobbyists write these bills, or they have been pre-written anyway. There should be a law that says bills may not be that long, that each bill must be a stand-alone bill. AND that Congress have ample time to read and debate them.
But "You have to pass the bill to see what's in it".
But "You have to pass the bill to see what's in it".
Posted by: Timothy Birdnow at December 23, 2022 08:43 AM (9SylJ)
21kb generated in CPU 0.0189, elapsed 0.2775 seconds.
37 queries taking 0.2688 seconds, 170 records returned.
Powered by Minx 1.1.6c-pink.
37 queries taking 0.2688 seconds, 170 records returned.
Powered by Minx 1.1.6c-pink.
