More stimulus is probably on its way in the form of trillions. No choice, millions of people have no jobs, no income, probably no savings; many can’t put food on the table. Maybe no IRA’s. And small business is at best struggling. Many organizations are trying to help.
The Dilemma: As stimulus packages created for a variety of reasons take the form of trillions of dollars, the government is driving the country’s debt toward $30 trillion. There is nothing coming out of DC, nothing, not a word, not a peep, out of our DC “leadership”, on reducing spending, reducing the size of government, reducing foreign aid and gifts, to cite a few examples, to stop / offset years of fiscal irresponsibility, and, address the spiraling debt. You never hear a word about the debt.
It will undoubtedly be extremely painful to fix it. And who in their right minds believes that a DC forecast of negative budgets will be offset by a 10 year forecast of increased tax revenues from future economic prosperity,
***** S&E *****