Biden Sets Himself Up To Win, Courtesy Of Your Wallet

The basic question of whether Congress has the power to force taxpayers to pay for their own misfortunes or errors is rarely discussed in the political sphere, even by members of the media. Even while vote buying has a long history at all levels of government in the United States and almost every other nation, at some time, what can initially seem like a tiny steal grows to such an extent that it undermines and ultimately topples the system. Every election is akin to an early auction sale of stolen goods, H. L. Mencken famously wrote.

Vote buying increased under Mr. Biden from tens of billions of dollars to hundreds of billions of dollars, practically without bounds. The explicit government debt is currently considerably above 100% of GDP (excluding unfunded commitments like social security, etc.). The majority of the debt resulted from careless spending by Congress, frequently on pointless projects without sensible financial controls, as well as from countless income transfer programs that were so poorly created and implemented that they not only raped some taxpayers to benefit the politically favored, but eventually caused everyone to feel financially victimized when the till was empty.

Knowledgeable people no longer argue about whether the dollar and other major currencies will lose the majority of their value, but rather when the downward trend will start (or has already started). The battle against financial irresponsibility may be won once most people link Davy Crockett with “not yours to give” instead of “remember the Alamo.”