READ THIS from Andrei Martyanov. It is all over but the crying. The dying, if the neocons get their way.
Because that sounds better than some combination of Amerika and Zimbabwe. The debt is projected to soar beyond belief sooner than most expected.
The coronavirus pandemic pushed the government into the proverbial corner, prompting it to borrow heavily from the future to ward off a serious threat today. Without this intervention, the U.S. economy would be in a much worse recession or possibly even a depression. Even though borrowing excessively may have been the lesser of two evils, the burgeoning debt will have ramifications in the future. With the debt approaching $27 trillion, and projected to rise to $78 trillion by 2028, it will present significant challenges.
The only truth in that word salad is in the numbers. Those are precisely in line with my prediction of a $40T debt by 2024. The 2028 figure is a mere doubling over two presidential terms, which has been the pattern for decades now. The charade is over. They’re just printing until the thing blows up now. But hey, since we “owe it to ourselves,” we’re richer than Midas!
Or, they intentionally killed it. Same outcome, either way.
The Nine rubberstamp the invasion.
The Supreme Court ruled against President Donald Trump on Thursday in a set of cases over his effort to end the Obama-era immigration program known as Deferred Action for Childhood Arrivals, or DACA.
The ruling will protect hundreds of thousands of young immigrants who have been shielded from deportation and allowed to receive work permits under the program. There were about 700,000 DACA recipients at the time Trump ordered the program to wind down in September 2017.
The 5-4 opinion was authored by Chief Justice John Roberts, a conservative, and joined by the court’s liberals, Justices Ruth Bader Ginsburg, Stephen Breyer, Sonia Sotomayor and Elena Kagan. Roberts reasoned that the Trump administration’s termination of the program was “arbitrary and capricious,” in violation of federal law that governs administrative procedure.
“We do not decide whether DACA or its rescission are sound policies. ‘The wisdom’ of those decisions ‘is none of our concern,’” Roberts wrote.
The one truth in the ruling: wisdom is not the concern of a judicial system that is now an enemy combatant organization engaged in actual hostilities against the USA and what’s left of the American People. Accordingly, look for Orange Man to do nothing.
The cucks can’t count either. “Conservative” GOP losers – pardon the redundancy – whimper about what they’ve created while still missing the magnitude.
“Congress has already spent more than $2 trillion on CoronaVirus relief packages. The irresponsible Pelosi bill that passed the House a week ago would raise that spending total to $5 trillion, which is on top of the $4.71 trillion that Congress already authorized,” the coalition wrote in the letter.
“We are getting very close to an unthinkable $10,000,000,0000,000 (ten trillion) federal budget, which is more money in one single year than the United States government spent, adjusted for inflation than the nation spent to fight the Revolutionary War, the Civil War, World War I and World War II – combined,” they wrote.
$10 Trillion – I’ve already covered this – in new debt, for a hoax. That’s a new record DEFICIT. The annual budget, as pitifully cobbled, will likely exceed $14-15 Trillion.
Not to be outdone or left behind, the Georgia GOP cucks inline with the rest with a new pledge of debased and craven servitude: Lincoln. Promise. Equality. Racism. Use of Force (after Lincoln…). Civility (bowties). Authority. First Responders. That they failed to mention Israel or the transvegetables shows who the “real” racists are.
Next week, here and at TPC, I’ll continue my examination of nations with futures. It’s not necessarily about finding freedom – though it’s there to find – it’s more about hanging on to civilization. And it’s starting to look like life versus death.