Ironic twist of fate or is it a tragedy?
Bernie may actually get what
he's wanted all along....
Without getting into the
merits, or criticisms, of our government’s actions in dealing with Covid by
implementing a near total lockdown on our economy including a stripping of many
of our freedoms which have resulted in the literal total destruction of our economy
and perhaps the changing forever of the United States as we have known it, it
is interesting to note that once we get to the other side (and we will), there
is a good chance this country will look more like a Sanders version than Bernie
ever imagined. Socialism may already be here...and in a big way.
Consider this:
1) In a short 3-week
timeframe, 25 million plus Americans have instantly become totally dependent on
government as represented by new unemployment applications. That number is growing and could soon exceed
50 million. The experts are forecasting 20% which would equal approximately 32
million. In the blink of the eye 32 million people became instantly dependent
on government.
Does anyone really believe that the economy will return to normal
within 3 months of the so-called “restarting” of things? More likely, we will
see a very slow and measured attempt at getting things back to normal. The
government is clearly projecting those thoughts each day by discussing a phased
and/or regional approach with social distancing guidelines in place for
extended periods of time long after the so called "turn on" event
date. You can count on the basic wage concept being right around the corner as the "needed" solution to mass unemployment.
2) Included in the CARES
bill is forgiveness of some college debt and deferring of payments. Next step
full forgiveness of college debt coupled with free college for all.
3) Coming right
along with the economics of a shutdown, is healthcare. We have already moved
closer to government healthcare by creating a semi-government solution to
healthcare as it relates to the Covid virus. Many of the costs that pre Covid
were the responsibility of the individual insured have now moved to the
insurance companies and then onto the government for reimbursement resulting in
a quasi-government insurance solution.
Our government is doing what they do best...Spend money they don't
have or spend someone else’s money. This is the one thing democrats and
republicans can agree on during crazy times. Who spends the most can say they
did the most to help Americans. But are they helping? It's a race to spend the
most with no political will to tamp spending now during these "unprecedented"
times. Unfortunately, this drunken spending pattern only creates more
dependency.
All of this leads to a larger
government with a larger (and growing) body of Americans dependent on that
larger government. And get ready for runaway inflation and the horrible impact that will have on everyone. Government dependency will grow even faster as basic needs cannot be met. In the end Bernie may get his wish sooner than he ever could
have done it as President.
Let’s hope not!!
No comments:
Post a Comment