Friday, April 21, 2023

National debt

Republicans, led by Speaker McCarthy, are proposing spending cuts before lifting the debt ceiling. Why are they doing such a foolish thing when the alternative is just to keep spending. Does McCarthy think that given the choice the American people would prefer cuts in benefits vs adding new benefits. Polls show that the people are concerned about the rising debt but no one wants to give up any of their benefits to help solve the problem. Everyone wants someone else to give up their benefits. If he wants to cut benefits here are the only places he is allowed to cut. Government employee (bureaucrats), medical care for veterans, grant programs for education and research and low income assistance. It is a ploy to show rich people who are not dependent on government help that he wants to reduce the national debt. He is going nowhere with this. People got their Covid checks and now they are looking for more not less.

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