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"Isle B Noxious" <
isle.b.noxious@altopia.net> wrote in message news:uv1sah$mht$
3@toxic.dizum.net...
"Scout" <me4guns@verizon.removeme.this2.nospam.net> wrote in news:uv11n7$3ipak$4@dont-email.me:
"Sam" <samt@samt.invalid> wrote in message
news:l7bccpF3egnU1@mid.individual.net...
On Fri, 5 Apr 2024 08:04:24 -0400, "Scout"
<me4guns@verizon.removeme.this2.nospam.net> wrote:
And yet, most of the time the reason the prices are so high in the >>>>first place is due to policies imposed by Democrats...
Okay. What policies by the "Democrats" created inflation?
The Federal Reserve established by Democrats in 1913 which then
allowed the government to engage in unlimited borrowing.
Then in 1933 FDR and a Democrat Congress took us off the gold standard
requiring people turn over all gold coins and gold certificates to the
federal government.
Then due to the expansion of our currency and the fact we didn't have
enough gold to redeem the money held even just by foreign powers,
Nixon (republican) along with a democratic controlled congress ended
the conversion of redeeming US dollars for gold.
Then there was no limit to how much they could increase inflation by
simply increasing the supply of their fiat currency.
People complain about the prices of houses..
How much would it surprise you to find out that, in gold, an average
home cost more in 1970 than it does today?
See what hasn't kept up with inflation are wages, and more importantly
how much we have left after paying all the direct and indirect taxes
In 1970 the average total tax was around 18% of a person's gross
income. Today it's 50-60% of their gross income.
Wages haven't kept up, because taxation is sucking us dry.
Now, true, both parties are spending us further into debt, One to
finance the poor, the other to attempt to increase our economy to
finance the debt, but in the end running up the debt.
Seems to me, it's past time for finger pointing, and time to tell
politicians that we refuse to accept yet more taxation to fund even
greater deficit spending.
Look at Biden.. Largest increase in the US budget in history and
DESPITE massive tax increases the largest deficit in US history.
How long until the ship of state sails over the falls into
hyperinflation and the total collapse of our currently, our economy
and our industry?
Congress needs to be limited to 85%-90% spending on the revenue
collected. No new taxes, and required reduction of the US debt.
Otherwise, the 100 Trillion Dollar I have in my wallet will may say US
on it instead of Zimbabwe
In 2022, the United States spent $70.4 billion on foreign aid.
In 2023, the United States spent nearly $61 billion on foreign aid.
So far through March 2024, the United States has spent $45 billion on
foreign aid.
Somehow that seems massively understated since we have spent close to or
more than that on Ukraine alone.
Meanwhile, we have to BORROW every cent of that money.. that we then just
gave away.
I think instead I will simply acknowledge your admission that you care
nothing about inflation, hyper inflation, or the economic and industrial collapse of this country when our currency ceases to be worth anything.
Congress should have their salaries and staff budgets cut by 60% and all insider trading made a felony. This would encourage them to focus on more important things such as American interests instead of the Nancy Pelosi self-enrichment scam and illegal alien ass-kissing.
All that, but also put a freeze on any new taxes, and if the budget exceeds
80% of the revenue collected all members of Congress are no longer eligible
for reelection.
Oh, and all their pay and benefits are eliminated during that budget year.
Finally, require every agency to maintain an accurate accounting of their expenditures which will be audited each year, and any discrepancies deducted from their next year's budget.
I mean how do you 'lose' billions of dollars without a clue of where it went
or what it was spent on?
--- SoupGate-Win32 v1.05
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