Sunday, December 10, 2017

DEBT AND ENTITLEMENTS

Economists try, in vain, to explain, to our Congress, that by the paying back, to the people, what has been already prepaid, to the Government, does not increase the debt of that Government, since the repayment actually reduces the debt.  Congress, however, will have no talk about having to repay any of the funds.

These funds, once commingled with other Government monies is needed for paying for tax cuts and subsidies for the "job creators" who paid it into the Government as part of the worker's salaries and deductions from worker's payrolls.  American workers should be happy to contribute to this worthy cause.  

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