Our Mandarin Overlords in the DC Swamp refuse to “live within their means.” This was demonstrated AGAIN last Tuesday night, as Joe Biden screamed into the microphone, demanding, DEMANDING that Republicans lift the debt ceiling so that his decadent spending on destructive programs can continue unabated.
The United States is about to default on its debt obligations, about $27 Trillion of which were built up over decades as one generation after another of Swamp Denizens refused to “live within their means.” As if our debt balance on 1/20/2021 wasn’t high enough, Biden borrowed another $6.3 Trillion in barely two years, by far the most in any two-year period since WWII.
SOMEONE ELSE CAUSED THIS PROBLEM
SOMEONE ELSE SHOULD PAY TO FIX IT
The Swamp’s behavior reminds me of my 30 years handling bankruptcies for Americans who refused to “live within their means.” Handling personal bankruptcies and interacting with debtors, I noticed a certain attitude held by many. The attitude that brought them to my office is virtually identical to the attitude held by way too many bureaucrats & politicians dwelling in the DC Swamp: “Someone else caused this problem and all I need is more credit (that is, more of someone else’s money).”
This type of bankruptcy client lives at the edge of his/her means FOR YEARS, amassing ever more debt as time goes on. When his disposable monthly income is completely eaten up by car payments, credit card payments, mortgage payments, timeshare payments, ATV payments, et al, he doesn’t cut back on vacations, he doesn’t get rid of his expensive hobbies & toys, he doesn’t sell the new car he bought last year ON CREDIT, etc. Instead, he refinances his mortgage(s) AND DRAWS ALL THE EQUITY OUT OF THE HOUSE.
Then the cow manure hits the fan: his income can no longer support ALL THESE MONTHLY PAYMENTS. When a garnishment hits his paycheck, he doesn’t scream at the American people like Biden did, he screams at his payroll clerk. Garnishments, threatened foreclosures and/or car repossessions would bring him to my office. He is hoping that I can get rid of most of the debt without decreasing his lifestyle.
After bankruptcy has wiped out much of his debts, his attitude doesn’t change. He will be racking up debt again by continuing to live above his means and will return to my office several years later to file another bankruptcy. Like this debtor, the Deep State has no intention of changing their tax & spend behavior. After American taxpayers have bailed them out by paying higher taxes, their depraved spending will continue.
THE DEEP STATE WON’T GIVE UP THEIR LIFESTYLES & POLITICAL GOALS
Bureaucrats, politicians and sundry grifters living off American taxpayers have made it clear: THEY WILL NOT change their lifestyles nor give up a smidgen of the power they enjoy by controlling OUR tax money. The more money they steal from Americans, the more power they have.
There are SO MANY WAYS the Deep State can reduce spending. Here are just five examples (out of a trillion possibilities):
1) Stop importing illegal aliens and deport the millions Biden invited in. They are costing American taxpayers at least $68 Billion PER MONTH.
2) Defund and close down the US Department of Education. For FY 2022 they received $76.4 Billion and for FY 2023 Biden gave them a BIG raise: $94.2 Billion. Why? America’s children received very little LEGITIMATE education these last three years, as test scores are the lowest they have ever been. Moreover, test scores have steadily dropped since 1979 when Carter established this huge bureaucracy which forced schools to stop educating and start indoctrinating children.
3) Immediately cancel all DEI contracts, fire all DEI employees and stop abusing federal employees. Diversity, Equity & Inclusion is the adult version of Critical Race Theory that is teaching Americans to hate each other. This alone would save taxpayers $100s of million a year.
4) Stop funding Planned Parenthood who has transitioned from slaughtering babies to mutilating pre-teens & teens. Much of the funding is hidden inside 1,001 programs so the total figure is unknown. We do know, however, that direct funding totals over $550,000,000 per year. This money is used to slaughter, mostly, black babies.
5) Stop securing Ukraine’s border and start securing ours. To date, Biden has given $50 Billion of our money to Ukraine.
The only change our overlords want is to squeeze more money out of working Americans. For that task they turned to the Internal Revenue Service who has found a “solution” to America’s debt problem: increase collection of tip money from the lowest paid Americans.
To this end the Internal Revenue Service announced a new “voluntary*” tip reporting program to improve tip reporting compliance by employers of service industry workers, such as waitresses, waiters, bellhops, busboys, taxi drivers and various other lower-income workers. The Liar In Chief is desperately seeking that one waitress who earns $400,000 per year in tips.
BIGGEST DANGER TO AMERICANS IS WHEN DEMOCRATS HAVE US HOUSE, US SENATE & WHITE HOUSE
Tips first became taxable during the Carter Administration when the IRS began requiring employees earning $20 per month in tips to keep records of such tips. For the first time, workers who got tips from their customers were required to keep a daily record of their tips and give it to their employer. Employers are then required to withhold taxes on income earned from tips. Such tips must then be included as income on the workers’ tax returns.
Disgusting! I recall Ole Jimmy whining about waiters (men) in exclusive restaurants in Manhattan working without wages because the tips were so high, while he abused waitresses (women) who slung hash in neighborhood diners. He knew that 99% of waiters/waitresses were lucky to make $5.00 per shift in tips.
Democrats controlled the House, Senate & White House for Jimmy’s entire four years: January 1977 to January 1981. What is it about Democrat politicians that makes them so greedy? They pretend to care about the little guy & gal yet it is the little guy & gal they abuse the most.
*Ha! Ha! Ha! Don’t you just love the way our overlords bastardize the English language?