someoneyouknow
Literotica Guru
- Joined
- Jun 5, 2006
- Posts
- 28,274
The fake Secretary of Treasury, Steven Mnuchin, who hails from Goldman Sachs, is urging Congress to raise the debt limit. Why? Because come September, the U.S. runs out of money.
I know what you're thinking: how can we be running out of money when the largest wealth transfer in this country's history was supposed to pay for itself? When corporations were given free reign to splurge on stock buybacks rather than increase employee salaries, why aren't we swimming in money? Why isn't trickle down economics working???
Well, it's like this. Trickle down doesn't work. Never has, never will. Not only that, when you have a Republican administration you can be assured of rampant spending combined with reduced revenue.
Since the con artist assumed power, the debt hasn't stopped soaring, unlike when Obama was in office it was on a declining gradient until Republicans took control of Congress.
But let's not fret. After all, the King of Debt will solve everything. His gut tells him so. He's even promised to get rid of the debt in eight years.
https://www.marketwatch.com/story/mnuchin-urges-congress-to-raise-debt-limit-as-cash-seen-running-out-in-early-september-2019-07-12?mod=mw_theo_homepage
I know what you're thinking: how can we be running out of money when the largest wealth transfer in this country's history was supposed to pay for itself? When corporations were given free reign to splurge on stock buybacks rather than increase employee salaries, why aren't we swimming in money? Why isn't trickle down economics working???
Well, it's like this. Trickle down doesn't work. Never has, never will. Not only that, when you have a Republican administration you can be assured of rampant spending combined with reduced revenue.
Since the con artist assumed power, the debt hasn't stopped soaring, unlike when Obama was in office it was on a declining gradient until Republicans took control of Congress.
But let's not fret. After all, the King of Debt will solve everything. His gut tells him so. He's even promised to get rid of the debt in eight years.
https://www.marketwatch.com/story/mnuchin-urges-congress-to-raise-debt-limit-as-cash-seen-running-out-in-early-september-2019-07-12?mod=mw_theo_homepage