e-commentary

. . .

K          “Disregard the amounts that are not available to pay Social Security, Medicare, Medicaid and other future entitlement obligations.  Just calculate the amount that has gone out the door to date.”

J          “That is the choice.  It is not really close.  I don’t doubt that the national Debt is a number much closer to 136+ Trillion than to 36+ Trillion.”

K          “I agree.  A lot closer to 136+ Trillion.  Those are real dollars or at least real electrons in someone’s hands that are a real claim on future public resources.”

. . .

J          “All government policy is built on a lie.”

K          “All government policy is built on a lie.”

. . .

[See the e-commentary at Bankruptcies?  Layoffs?  Foreclosures?  Evictions?  Inflation? (July 29, 2024) discussing the fallacious official statistics for unemployment and inflation, Is Inflation Inflating!?!? (April 26, 2021) discussing the fraudulent official figures for inflation and alternative measures, and the work of Professor Mark Skidmore, the recipient of the Fourth Annual Noble Prize In Eco-nomics (October 14, 2019), the determine the true national Debt; see also Third Annual Noble Prize In Eco-nomics (October 8, 2018), To Be (In Debt), Or Not To Be (In Debt), what is the answer? (July 23, 2018), Debt Insouciance.  Does Debt Really Matter In The “Debt Age”? (February 25, 2019) and Forgiving American Debt? (March 3, 2008).]

Bumper sticker of the week:

Debt is death

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