Actually, as The One inadvertently admitted in a recent interview, we (meaning the U.S. Government) are out of money right now. What we have is a very large promissory note, that our Secstate (Hillary) spent the weekend discussing in Shanghai, attempting to reassure the money men in the “New Economic Zone” (and their masters, the old men in Beijing) that the firm of The One, LLC, really was good for the amount on the face thereof. (As such, she was totally unaware of North Korea’s atom bomb test and missile launches until Monday morning. So much for “realpolitik”.)
The only way The One can pay for this is to- you guessed it- raise taxes. Of course, the IRS has just admitted that tax revenue is down 34% from last year, just due to the number of businesses which have closed and the number of people no longer drawing an income as a result. But that’s not an issue, to our Fearless Leader; he’s sure we have money, and he’s going to make us fork it over.
So he can spend it on more projects in the home districts of his enablers.
(Fearless Leader? Sorry, I meant Clueless Idiot.)
It has been said that people who live in glass houses shouldn’t throw stones. By the same token, people who do not understand economics should avoid trying to make policy on same.
In both cases, the results tend to be both spectacular, and unfortunate.
clear ether
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