THROWING MONEY AT THE PROBLEM

CAL THOMAS COMMENTARY MARCH 19, 2020

         THE TRUMP ADMINISTRATION IS GOING TO GIVE A LOT OF PEOPLE A CHECK FOR $1000. THE GOAL IS TO STAVE-OFF THE EFFECTS OF JOB LOSSES, OR LAY-OFFS DUE TO THE CORONAVIRUS SCARE. NO ONE ASKS WHERE THE MONEY WILL COME FROM. AND WHAT HAPPENS IF THIS VIRUS LASTS LONGER THAN A FEW MORE WEEKS AS SEEMS LIKELY? WHAT THEN? WILL THERE BE MORE CHECKS FROM WASHINGTON USING BORROWED MONEY? BERNIE SANDERS WANTS TO GIVE EVERYONE $2000. NO ONE ASKS HIM WHERE THE MONEY WILL COME FROM.

         WE ARE ALREADY $23 TRILLION IN DEBT. WHAT HAPPENED TO NEIGHBOR HELPING NEIGHBOR, AS WE DID DURING WORLD WAR 2? AS I ARGUE IN MY NEW BOOK “AMERICA’S EXPIRATION DATE,” DEBT IS A MAJOR CONTRIBUTOR TO THE DECLINE OF GREAT NATIONS OF THE PAST. WE CAN’T GO ON LIKE THIS.

         WHY DO WE CONTINUE TO TURN TO GOVERNMENT FOR EVERYTHING? AND SOME THINK THEY COULD RUN NATIONAL HEALTH CARE? THAT REQUIRES A FAITH GREATER THAN MINE.

         CORPORATE HEADS COULD DO THEMSELVES A LOT OF GOOD IF THEY WOULD FOREGO THEIR PAYCHECKS AND USE THE MONEY TO HELP THEIR EMPLOYEES HOLD ONTO THEIR JOBS, OR AT LEAST GIVE THEM MONEY TO SUSTAIN THEM SHOULD THEY BE LAID-OFF. MEANWHILE, OBEY THE EXPERTS. THIS THREAT COULD LAST A WHILE. I’M CAL THOMAS.

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Cal Thomas

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