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The After Effects of 2020

Discussion in 'News & Current Events' started by rockytopva, Apr 7, 2020.

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  1. rockytopva

    rockytopva Well-Known Member
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    When my mother was sick and passed away a decade or so ago she ran up a $250,000 bill, which thankfully she had good insurance. I asked some hospital administrator... Why? In which the reply was malpractice insurance rates were outrageous. I don't know if the American people understand that when you sue health care you are suing the American people.

    The US National debt is just about to hit 24 trillion dollars (U.S. National Debt Clock : Real Time), in which trillions more will be added before we are out of this latest CV virus. Our revenue on the web site listed is 3 trillion, which would be enough to pay the interest on the debt. With the rise in health care rates it is getting very expensive to keep workers in good pay and benefits. At some point they will have to raise taxes to pay off debt.

    With many businesses struggling, I look for many to close during 2020.
     
    #1 rockytopva, Apr 7, 2020
    • Agree Agree x 1
  2. church mouse guy

    church mouse guy Well-Known Member
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    The federal govt can abolish federal taxes because whenever they need money they can just print money.
     
    #2 church mouse guy, Apr 7, 2020
  3. HankD

    HankD Well-Known Member
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    if we do that we go to jail.

    there was a time when even the government had to possess an ounce of gold for every $20.00 released to the public.
     
    #3 HankD, Apr 7, 2020
  4. canadyjd

    canadyjd Well-Known Member

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    Such action occurs in 3rd world dictatorships, which leads to hyper inflation. A loaf of bread for $1000, or a bag of gold. No thank you

    peace to you
     
    #4 canadyjd, Apr 7, 2020
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