Closing Thought–21Aug19

There are questions in life that we ask ourselves…..like whatever happened to the AMC Pacer….or the Pet Rock……but the one mystery is whatever happened to those deficit hawks?

A term for American politicians who emphasize limitation of federal budget. Usually fiscal conservatives, they advocate increased taxes and reduced government spending in order to lessen budget deficits.

Well that sounds like the GOP…… well except for the increased taxes thingy.

They disappear when Repubs control the levers of power in one form or the other.  They only appear when Dems are leading the charge of the country and then it is the so-called entitlements that become the mechanism of control spending….it is the social safety net that causes the problem…not the endless expensive wars or the defense spending for future weapons.

There is a Repub in control first the White House and the Senate….and they, the Hawks, have slinked back into the shadows to await the results in 2020.

I mean now is the best time for them to rear their lying heads with a deficit so large it makes me gag to write the numbers…..

The federal government spent a record $3,727,014,000,000 in the first ten months of fiscal 2019 (October through July), according to the Monthly Treasury Statement released today.

While spending that record $3,727,014,000,000, the government ran a deficit of $866,812,000,000.

Before this year, the most that the federal government had ever spent in the first ten months of a fiscal year was in fiscal 2009, when the Treasury spent $3,576,745,930,000 (in constant June 2019 dollars, adjusted using the Bureau of Labor Statistics inflation calculator).

https://www.cnsnews.com/news/article/terence-p-jeffrey/3727014000000-federal-spending-sets-record-through-july-treasury-runs

Where oh where have the mindless drones gone?

If I recall just 5 years ago this subject was of great interest….and yet now….nothing…the sound of crickets.

Not to worry it should return to prominence as soon as the present resident of the White House gets kicked to the curb.

Learn Stuff!

“Lego Ergo Scribo”

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2 thoughts on “Closing Thought–21Aug19

  1. That took me back. I had a car-dealer friend who owned an AMC Pacer, in London. (Metallic gold)
    It was around 1977, I think, certainly no later. It was considered to be a ‘futuristic car’ at the time, and almost unique on the roads of England. The left-hand drive was a drawback on our system, but it drove well, and was very comfortable. 🙂
    Of course, the miles per gallon was poor, but he was well-off, and didn’t concern himself with that.
    Best wishes, Pete.

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