Say taxpayer, can you spare another $2.3-trillion?
That’s the cost of the $900 billion COVID-19 emergency relief bill and the $1.4 trillion omnibus spending bill that Congress has sent to President Donald Trump for his signature.
He should veto this horrific nightmare, even though it passed the Senate and House by veto-proof votes.
The overwhelming majority of senators and representatives of both parties are in effect saying, “Hey, what’s it matter that our national debt will be greater (as a percentage of GDP) than what America spent fighting for its life on two fronts of the global World War II?”
What’s it matter that no one–no one!–had time to examine the entire 5,593-page package? I can imagine that the only thing anyone in the separate lawmakers’ offices looked at was what goodies were in the bills for their state or district.
All of it done in the middle of night, violating every sensible procedure that had been designed to prevent exactly this kind of reckless–nay, insane–attack on the democratic process. Hell, it makes the 2,700-page Obamacare bill that House Speaker Nancy Pelosi said had to be passed to find out what’s in it look like small potatoes.
All of this because, we’re told and told and told, to cure an economy devastated COVID-19. Right, sure.
No, what has crippled the economy is the government–those governors, mayors and others who have crushed the economy with their overzealous and anti-scientific restrictions that have thrown millions of Americans out of jobs, bankrupted small businesses, abused children by closing schools and more.
The proper response is not blind-pig spending that will diminish other urgent and real needs that require federal funds. The correct response is to open the economy in a way that real science says is possible, in a way that will restore a healthy economy.
The soon-to- be ex-president Trump can nail down his legacy and do us all a favor if, on his way out the door, he would slay this monster.
No one has made a more intelligent analysis of our national economic death spiral than Sen. Ran d Paul, the Republican from Kentucky. It came in a Senate speech that has gone viral. Check it out in the above video. (By the way, Dr. Paul is a real medical doctor, unlike some poseurs.)