Thursday, September 23, 2021

Debt Limit Blues

The US is--once again--hitting its debt limit.  You'll be seeing and hearing "END OF THE WORLD IF WE DON'T INCREASE THE DEBT" stories promulgated by Too Big to Fail banks and--of course--Federal Government sources.

They're mostly lying, of course.  The US can roll over existing debt and pay Soc Sec and Fed payroll with actual daily cash-flow if there is no debt-limit increase.  But the Democrats and loose-boweled Republicans cannot send candy to their good buddiesSo yes, there will be unemployment--of the cancers, remoras, and bloodsuckers.


No comments: