I don’t comment on politics very much. I’m not associated with one side or the other.
The COVID19 crisis. The government shut us all down and then eased the sting by giving us big unemployment checks and forgivable loans for businesses. Aren’t they so nice?
I wouldn’t want to be a politician in this case – it’s a lose-lose scenario. I’m not saying it was easy. But let me give you another way to look at it.
The money they gave out, an astonishing 2.5 trillion and counting, not to mention the tax receipt losses at the federal and state level, didn’t come from them. It came from us. More specifically, it will come from your kids.
Let’s say the parents were having a rough time financially due to the crisis, and politicians walked into schoolrooms and passed the hat around, forcing kids to give IOU’s to them. They then took the money they raised and gave it out to the parents.
That’s what happened.
The government can not give out to some of us what they do not confiscate from some of us. Politicians are not saviors or benevolent caretakers. They are switches that operate in a game of who pays and who gets and when and why.
The results? So far we are 25ish trillion (with a T!) in debt on the federal level, plus all the state debt. They are not doing a very good job.
What do you think?