10/18/24 From an Editorial published in the, the Las Vegas Review, in my local paper today. They presented statistics provided by the American Presidency Project@ UC Santa Barbara. Last year the federal gov't realized almost $5 Trillion in revenue (11% more than '23); at the same time, they collected 11% more from individuals and 26% more from corps, still they spent $ 1.83 Trillion more than they took in, bring the national debt to $35 trillion. I'm aware these are just numbers, and most people don't pay attention to (consumed with their own budgets) . My question is how and why the Politian's we elect don't know how crazy this is. These are some of the statistics from this same editorial: Todays Fed spending is 25x 50 yrs. ago and 1000 X 90 yrs. ago. No matter how much more we give them, their going to spend more, without suffering any consequences, no matter what they say while running for office. No matter how high the office,
Friday, October 18, 2024
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