while i can certainly sympathize with dave’s point here about “imagine thinking the government deserves one more cent of anyone’s money” and might even amplify it to “imagine wanting a government that has the power to take, by force, ANYONE’S money” i think it is all too easy to imagine this.
once the primary purpose of government becomes the redistribution of wealth (and it has, this role is well over half of federal outlays) then of course many people will want the government to take more of people’s money because, wait for it, they are the ones getting it.
“how about we take more money from them and give it to you?” turns out to be quite an easy policy to drum up support for.
mencken, the great sage of baltimore, nailed it: “every election is a sort of advance auction sale of stolen goods.”
So called 'modern monetary theory' seems to say the government can borrow money until it cannot...... which takes in to account the US federal reserve has added trillions (recent total ~$7.8T) in government and private notes to it balance sheet before Biden starts paying off his promises.
Why tax when the fed will print money while congress avoids defending the valure of US currency.
Common currency was one of the arguments for a constitution in 1787!
So called 'modern monetary theory' seems to say the government can borrow money until it cannot...... which takes in to account the US federal reserve has added trillions (recent total ~$7.8T) in government and private notes to it balance sheet before Biden starts paying off his promises.
Why tax when the fed will print money while congress avoids defending the valure of US currency.
Common currency was one of the arguments for a constitution in 1787!
As long as China can sustain it slave labor......