A Prognosis of Debits, Credits, and Expenditures
A Pogo Story: A Semi-Serious Look at Government Programs — From The Mountain
The US Debt just topped $30 Trillion Dollars for the first time. I just read an article asking if I knew what that looked like. I do.
And where does most of it go? Pink toilets? Possibly, though my vote goes to gold toilets. The last guy (the one with the orange hair) liked gold.
No. Seriously. Though the money does pretty much get flushed. That 30 trillion dollar debt is your tax money and it is going down a toilet somewhere. Maybe even a fancy pink one.
Yet what we hear from the government is one urgent scenario after another. Republicans or Democrats, it makes absolutely no difference as you will see.
Since World War II, “Conservative” Republicans, the self-anointed Kings of Fiscal Conservatism have actually led the way with their spending sprees, and have accounted for the largest increases in our national debt.
Republicans have also led the way in lowering taxes for the wealthy, which has accounted for the failure and lie of “trickle-down economics”. They had no way to pay for their…