CAL THOMAS COMMENTARY OCTOBER 8, 2020
DOESN’T ANYONE CARE ABOUT THE NATIONAL DEBT ANYMORE? IT JUST PASSED $27 TRILLION AND COUNTING. GOOGLE “U.S. DEBT CLOCK” AND WATCH IT GROW.
PRESIDENT TRUMP WALKED AWAY FROM THE LATEST PROPOSED COVID-19 STIMULUS DEAL BECAUSE IT WAS LOADED WITH NEW SPENDING FOR STATES AND CITIES RUN BY DEMOCRATS WHO HAVE MISMANAGED THEIR ECONOMIES.
A WALL STREET JOURNAL EDITORIAL SAID THE PRESIDENT MADE “THE BEST DECISION FOR THE ECONOMY AND TAXPAYERS.” IT ADDED THAT “SPEAKER NANCY PELOSI AND DEMOCRATS REFUSED TO ACCEPT ANYTHING BELOW $2 TRILLION, AND THEIR POLITICAL RANSOM DEMAND IS WHAT BLEW UP THE DEAL.”
THE JOURNAL CALLED HER POLITICAL CALCULATION “PURE CYNICISM.” IF JOE BIDEN WINS THE ELECTION — AND ESPECIALLY IF DEMOCRATS WIN A SENATE MAJORITY WHILE MAINTAINING A HOUSE MAJORITY — THEY’LL PASS THIS MONSTROSITY AND PERHAPS EVEN MORE, PUTTING THE COUNTRY ON THE BRINK OF FINANCIAL RUIN. MASSIVE DEBT HAS CONTRIBUTED TO THE FALL OF GREAT NATIONS OF THE PAST, AS I WRITE IN MY LATEST BOOK “AMERICA’S EXPIRATION DATE.” AMERICA IS NOT IMMUNE FROM A SIMILAR FATE. I’M CAL THOMAS.
