Let’s play a game. I just gave you a million dollars with the caveat that you have to spend it in 24-hours.<\/p>\n\n\n\n
OOOOHHHH – I like this game!<\/p>\n\n\n\n
Pay off the house. Buy a new car. Buy a boat. Buy a cabin in the mountains. Maybe a new camper. Get out of debt. <\/p>\n\n\n\n
Some of you are good, too. You’d give it to charity. Set aside money for your kids\/grandkids education. Set up a scholarship fund. Invest it. Open a business.<\/p>\n\n\n\n
Regardless of how you would spend it, my guess is that you could<\/em><\/strong> and (here comes the fun part) you would have something to show for it.<\/em><\/strong><\/p>\n\n\n\n Duh. Of course you would have something to show for it. You would have a lot to show for it. Some of you would have something shiny with new car smell.<\/p>\n\n\n\n It’s way more than a million bucks of your money that the feds spend annually. It’s somewhere in the range of $7.8 trillion<\/a>. A trillion is a lot. In fact, a trillion is a million millions. So our aforementioned exercise would have to be completed 7.8 million times. But what do the feds have to show for it?<\/p>\n\n\n\n Is our society better? Do we trust our institutions? Is our border secure? Do we have shiny new tanks? Planes? A sparkling new aircraft carrier or two? The best education system on the planet? <\/p>\n\n\n\n The government now adds $1 trillion in debt every 100 days<\/a>. What do they have to show for it? We hear that Denver Mayor Johnston is trying to find a solution to the out of control homeless problem plaguing his sanctuary city. The feds could buy every single one of the 42,000 illegal aliens estimated to be in Denver a shiny new $750,000 home and spend only $31.5 billion. That’s 1\/31-st of a trillion. OR, you could buy 1.3 million illegal aliens a $750,000 home for $1 trillion. The feds print that up in 100 days. <\/p>\n\n\n\n Lets really go crazy. We could buy each and every one of the 16.8 million illegal aliens in the United States<\/a> a shiny, new $750,000 for $12.6 trillion. Which is less than half of our $31.5 trillion national debt<\/a>, or about what the feds will print up in the next 3.5 years. Hey, at least we’d have something to show for it.<\/p>\n\n\n\n Right now, the feds have squat to show. <\/p>\n\n\n\n I am just giving you a hypothetical of what we could do with your money (and your kids’ money, and your grand kids’ money, and your great grand kids’ money) that the federal government spends with reckless abandon. Here’s an idea. Stop spending it. <\/p>\n\n\n\n Since I am on a roll…<\/p>\n\n\n\n The federal government has spent approximately $5.2 trillion in response to the COVID-19 pandemic<\/a>. $6.4 billion of that was received by foreign recipients<\/a>. What do we have to show for it? <\/p>\n\n\n\n Since the beginning of 2020, the federal government has spent a total of approximately $17.12 trillion<\/a>. <\/p>\n\n\n\nBut what about the federal government?<\/h3>\n\n\n\n
Of course, I am not suggesting we actually do this.<\/h3>\n\n\n\n