“Every decent man is ashamed of the government he lives under.” H.L. Mencken
Are the people pushing “Build Back Better” (BBB) proving Mencken right? As if we need any further examples, we’ve already got the person who nosed across the finish line first in the 2020 presidential derby sounding grossly incoherent on most matters, and especially on his bigger-than-WWII lollapalooza — the “BBB”. He’s not alone. Listen to Psaki at pressers, and Pelosi, Schumer, and the rest of the big wheels running the show in Congress.
Here’s the head-scratcher: How can you have “costs nothing” and “paid for” in conjoining sentences? They’ve said it regularly, and with a straight face. If it costs nothing, it’s free. Right? If it’s “paid for”, somebody, probably many somebodies, paid for it. Reality sets in. It will be taken out of one group’s hide to fatten the financial accounts of others, least of all the beneficiary down-and-outs.
The Congressional Budget Office just scored the latest edition of BBB. Surprise, it comes up short, way short. The DC capos (as in mafia “captain”) invented a number – $400 billion – from various BBB empowerments to the IRS. The CBO awakened the conjurers from their wet dream by downgrading the number to $120 billion. And this may be an overestimate since the law of unintended consequences will be unleashed as it was for LBJ’s Great Society of the 1960’s.
Bear in mind that the whole shebang is designed to turn your life upside down and give you wasteful government services that you don’t want and won’t like. That’s not the end of it.
Just think, if it fuels inflation, interest rates rise and interest payments of the accumulated debt jump to new levels. Financing “paid for” will eat up the budget, and say goodbye to our blue water navy and a sane dollar. Of course, we could be a banana republic and repudiate the debt. It’s easy, don’t pay it, and we’re off to oblivion.
How do politicians lie? This way. Yep, our recent edition of the clowns is making Mencken’s point.
RogerG