Believe it or not, 27% of all US household income comes from the government:
https://www.zerohedge.com/markets/27-all-household-income-us-now-comes-government
And I doubt it comes from taxing the other 73%. It's increasingly pulled out of thin air by printing more fiat money.
I just read that Speaker Pelosi somehow thinks it wise to break the House's own rules to give working Americans a $15 per hour minimum wage.
According to this source, 100 million of us are not in the workforce:
If all those people got full-time $15 per hour jobs, that would amount to over $3 trillion in wages per year. That would certainly give a boost to the economy if it came from private sector employers, but who is going to hire them all? Certainly not small businesses. And the Amazons of the world would rather use robots.
Do the people in DC even know what they're doing? Here are some thoughts from The Burning Platform blog:
Not only is the Great Reset, green new deal, communist doctrine implementation not going to reverse the downward spiral of the American Empire, but the last year of horrific political and financial decisions and imminent execution of the left-wing agenda through their empty senile vessel will accelerate the unavoidable collapse. MMT plus QE to infinity will surely solve all our problems.
The national debt went from $20 trillion when Trump was elected to $28 trillion today, and $30 trillion within the next year. It took 219 years to accumulate the first $10 trillion of debt, 9 years to accumulate the next $10 trillion of debt, and now less than five years to accumulate the next $10 trillion. Meanwhile, GDP has barely grown by 2% per year and household income has been stagnant for decades. Anyone who thinks this is sustainable, economically healthy, or representative of free market capitalism is either delusional or lying to promote their agenda of you owning nothing and being happy about it, while eating bugs and drinking processed piss.
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The American Empire is crumbling under the weight of military overreach; the totalitarian synergy between Big Tech and Big Gov.; destruction of the Constitution by traitorous surveillance state apparatchiks; the burden of unpayable debts; currency debasement; cultural decay; civic degeneration; diversity and deviancy trumping common culture and normality; pervasive corruption at every level of government; globalist agendas; and the failure of myopic leaders to deal with the real problems.
https://www.theburningplatform.com/2021/02/23/was-trump-the-mule/
I think we're in big trouble. What do you think?
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