Festivus is upon us. Popularized by Seinfeld, it’s the time of year to air grievances—and Sen. Rand Paul has plenty of them from 2020.
The Kentucky Republican’s “Festivus Report” details $54 billion in government waste, which is particularly egregious during a year where Americans have lost so much as a result of coronavirus lockdowns.
What started as a 15-day period to slow the spread of COVID-19 turned into the better part of a year and “while that was happening, Congress spent as never before, doing so ostensibly without a care,” the report states.
The deficit for Fiscal Year 2020 was a staggering $3.1 trillion—yes, some of it was COVID relief, the report notes, “but a lot of it was not.”
We as a country are past the point of no return so why not just keep borrowing as much as we can for as long as we can until we go bankrupt? we owe 27 trillion now and we gave up trying to pay off our debt along time ago.we just keep paying the interest on the debt every year and keep borrowing more.when the interest on our debt exceeds our GDP then we are bankrupt as a country.As of now all the taxes the federal government collects every year,pays for less than 1/3 of what they spend. a little over 2/3 of what the federal government spends every year is borrowed money. my advice is to do what the politicians are doing and get whatever you can from the government now and hide it away and wait for the big collapse.