CTL, I thought that you like paying taxes. The US national debt is now $22 trillion dollars. Unless something drastic is done the Social Security Trust Fund will run out of money in 2034. At that point only 79% of benefits will be payable. Even after I become eligible for an Israeli Senior Citizen’s allowance that will be half of my income. Of course, if the dollar collapses before that the whole world will be in deep trouble. People will simply have to tighten up. Certainly no green new deals and other economic luncaies, Profligate states will have to put on the brakes to or put in receivership (this is what Israel does when a municipality does not keep its financial house in order.
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