CAL THOMAS COMMENTARY MARCH 20, 2020
PRESIDENT TRUMP HAS DECLARED WAR, NOT ON ANOTHER COUNTRY, BUT ON THE CORONAVIRUS. HE’S SIGNED A BILL THAT WILL SUPPOSEDLY GIVE $1000 TO EVERY AMERICAN, OR AT LEAST MOST AMERICANS.
THE MONEY WILL BE BORROWED, OF COURSE, BECAUSE WE ARE $23 TRILLION IN DEBT AND THIS WILL ADD TO IT.
NO DOUBT, THOSE WHO HAVE BEEN LAID-OFF WILL NEED IT, BUT $1000 THESE DAYS ONLY GOES SO FAR. WHAT HAPPENS WHEN THE MONEY RUNS OUT? WILL THERE BE ANOTHER CHECK, AND THEN ANOTHER?
GOVERNMENT NEVER STOPS SPENDING, BUT IT SHOULD. NOW IS A PERFECT OPPORTUNITY FOR SOMEONE – ANYONE – TO STEP UP AND SAY WE CAN PAY FOR THESE CHECKS BY CUTTING SPENDING ON OUTMODED, UNNECESSARY AND DYSFUNCTIONAL GOVERNMENT PROGRAMS AND AGENCIES.
MANY STUDIES HAVE BEEN DONE ON WASTEFUL GOVERNMENT SPENDING AND PROPOSALS HAVE BEEN PUT FORWARD ABOUT HOW TO REFORM SOCIAL SECURITY AND MEDICARE, THE MAIN DRIVERS OF THE DEBT. BUT POLITICIANS DON’T WANT TO DO IT FOR FEAR OF BEING CRITICIZED AND NOT GETTING RE-ELECTED.
THERE’S THE REAL PROBLEM AND THOSE $1000 CHECKS WON’T SOLVE IT. IN FACT, THEY WILL ADDICT MORE PEOPLE TO GOVERNMENT. I’M CAL THOMAS.
