Biden said: ‘WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT’. Apparently Biden has never had to live on a budget and does not know what bankrupt means. Either that or he is smoking something the general population is not allowed to have.
The country is already bankrupt from borrowing and spending more wealth than the country creates. A child born today is in debt for hundreds of thousands of dollars the moment it is born. To think that we can borrow and spend our way out of debt defies all logic, and I have to wonder is there is any intelligence whatsoever in the White House.
Biden needs to learn that our money is not wealth, it is an IOU, and sooner or later (very soon now), those IOUs will have to be dealt with. The democrats print and spend philosophy is exactly the same as using one credit card to pay off another. This house of cards cannot stand.
There is only one thing America should spend money on at this time: things which will create wealth. That means manufacturing, the very thing that we have been shipping off to China for the last decades.
Unfortunately, it seems that there are far too many voters in this country who are as dumbed down as the VP. Hopefully, not everyone is a stupid as Biden and his master BO.