Wow! US Government Announces $10.6 Billion in Aid to Mexico and Central America — But ZERO DOLLARS for Border Wall

Wow! US Government Announces $10.6 Billion in Aid to Mexico and Central America — But ZERO DOLLARS for Border Wall
— Read on www.thegatewaypundit.com/2018/12/wow-us-government-announces-10-6-billion-in-aid-to-mexico-and-central-america-but-zero-dollars-for-border-wall/

My question would be, “how do we afford this when we are 23 trillion dollars in debt?”

How the Hunt for Taxes will Destroy Everything | Armstrong Economics

It really is very astonishing how brain-dead politicians are. The latest stats are showing that residents are increasingly fleeing New York, Los Angeles, and Chicago. The perpetually rising taxes are just getting insane. We just received this notice ourselves about taxes due in California. Apparently, they must have subpoenaed Amazon to see who has merchandise they are storing in California. First of all, we have no idea where Amazon stores what it sells of our products or to whom. You pay Amazon – not us. To claim that since Amazon is storing something of ours in California means we are now doing business in California is completely nuts. They collect the taxes and ship whatever someone purchases – not us! If every state acts in this manner, quite honestly it is time to just close the doors. What is next? They will want income taxes on anything we sell in California on a per item basis? The accounting will cost more than the tax we collect or have to pay. This is a sure fire way to destroy the economy all because those in governments are incapable of managing even a bubblegum machine. The hunt for taxes will destroy everything.
— Read on www.armstrongeconomics.com/world-news/taxes/how-the-hunt-for-taxes-will-destroy-everything/

First, government spends money they do not have, by kicking the can. After this comes the hunt for more taxes, as they try to tax themselves into solvency. Why not just shrink government to the size of solvency? I digress, as we know “when you feed the dragon 🐉 it gets larger, it will never get smaller”

Democrats & Republicans Cannot Breathe the Same Air Anymore | Armstrong Economics

Once upon a time, Democrats and Republicans could actually breathe the same air and have a drink with one another. Those days are long gone. It was back in 2002 when they actually worked together to make the ads during a political campaign more reasonable and less outright vindictive and nasty. It was 2002 when they enacted the “Stand By Your Ad” legislation that was part of the Bipartisan Campaign Reform Act. You had to state personally: “I approve this message.” The idea was that lawmakers would have to play fair together in the schoolyard making candidates less inclined to put out ads that were false or just plain nasty. Any public communication made by a political committee — including communications that do not expressly advocate the election or defeat of a clearly identified federal candidate or solicit a contribution — must also display a disclaimer. Those days of civility are long gone and the fall out has been the rising 3rd party movement. This time it looks like people are just abandoning the old party loyalties and setting out on their own. The political landscape we are entering in 2019 into 2023 is going to be very interesting and anything but politics as usual. This nasty infighting is indicative that indeed Democrats and Republicans cannot even breathe the same air any more.
— Read on www.armstrongeconomics.com/international-news/politics/democrats-republicans-cannot-breathe-the-same-air-anymore/

The two party political system has failed us,is the bottom line. On running up the debt, they both work together, but not on anything else.

Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? | Wolf Street

Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? | Wolf Street
— Read on wolfstreet.com/2018/12/17/who-bought-1-33-tn-of-new-us-government-debt-over-the-past-12-months/

This is unsustainable by any measure. The government does not need more taxes, it needs less spending. Tax breaks take the money away from Washington DC politicians and put it in the private sector to create wealth. Governments do not create wealth.

This is why GDP should not include government spending. It is a distortion that defies economic logic.