Democratic Primaries
In reply to the discussion: Fine I'll admit it. Bernie Sanders is pandering to me. [View all]lapfog_1
(31,925 posts)We currently have a 22 trillion dollar debt. Not including obligations into the future.
The CBO just announced that for the next 10 years we we add at least 10 trillion more.
320,000,000 people. 32 trillion. $100,000 per person, $400,000 for a family of four
The repulse have set us up... They tax cut every time they get a chance... And leave it to the Democratic presidents to try and clean it up. Their idea once upon a time was to shrink the federal budget enough so they could "drown it in a bathtub". But that is not the game now... Now it is simply to bankrupt the rest of us while the 1 percent escape with the money. You all think we are going to tax the 1 percent to pay for everything... I got news... They will not pay those taxes... Ever. Wealth tax or income tax or investment tax. They will not pay
That leaves the rest of us holding the bag... Eventually the world will cut up our collective credit card. And that will be the start of the worst depression ever seen. You think populist dictators like trump are bad now... Wait until you see what we get from that era. Germany had a similar situation in the 1920s. They tried to inflate their way out of it... And that brought them hitler.
primary today, I would vote for: Joe Biden