May 28, 2023
So the agreement is to bring/hold the national debt to $35 trillion. How much is that? Imagine when Jesus was born, and you set aside say $50 million EVERY DAY till now. That's around $35 trillion. Income tax which raises about 16% of government expenditure could be ditched completely, and it would have practically zero impact on our financial state. Why bother taxing people when they're just printing all this money?
Steven Chase adds:
Ronald Reagan said: "If you got seventy-five or eighty percent of what you were asking for, I say, you take it and fight for the rest later."
Speaker McCarthy's version: "If you can get five or six percent of what you were asking for, you take the deal and claim victory."
Posted by: Timothy Birdnow at
12:09 PM
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