
$819 Billion. Here are just three simple reasons why I can't stand it. I could go on and on, but I'll leave it to just three:
1) The government has debt. The only way to pay for this is to print more money. Wouldn't it be nice if you could simply add a few zeros to your bank account? Shouldn't the Federal Government be saving money like everyone else is forced to? There is no control over how much they can do this. Nothing. We need to go back to the gold standard (or at least some standard!)
2) Inflation. Simply put, prices will rise, and my net worth will decrease. Lets say that there is $100 in the country of Sherman. If I were to have $50, I would own half of all the cash. Pretty impressive. But what happens if the government of Sherman needs money and prints $100 more.
- Total money in the country = $200.
- Total amount I own = $50
- My new share of the total money = 25%.
- An extra $100 in society = more demand for goods = prices will rise
3) Vote Totals. Remember all this talk about the new administration and congress being bi-partisan and all? All this 'Change' happening in Washington? Apparently someone doesn't care, since they couldn't get a single Republican to vote yes. This reminds me why I can't stand a two-party system (please, don't get me started).
- Democrats: 244 yes, 11 no
- Republicans: 177 no, 1 no vote.
Simply ridiculous. I've worked for all levels of government, have seen ramped corruption myself. But this isn't corruption...it's simply ridiculous.
Oh, and did you hear that California might have to start issuing IOUs because they will soon run out of cash? It's too bad they can't just start printing their own currency to pay for things like the Feds do.
1 comment:
WOW! you posted a blog!!! although my blood is pumping full of fury... was still nice to hear from you. now quick! write something good about government before I completely lose hope.
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