$86B in payments to under-funded public pensions
$350B to state and local governments to bail them out for years of mis-management
And that's just the start. The amount of money going to stuff that has absolutely nothing to do with this pandemic and economic recovery, ought to have our politicians be ashamed. It's crazy that we hide this much pork and ancillary spending in a bill sold to the American people as a "stimulus" for the economy. This bill has money going directly to families and organizations that need help as a direct result of the pandemic. It has exponentially more going to people and organizations that don't. I shared this stat a few weeks ago after hearing KC Fed President Esther George speak. Average household income went UP in 2020, not down. Average household savings increased 37% in 2020.
The unemployment rate is now below the point it was in 2014, 5 years into the recovery coming out of the Great Recession. This is just crazy.
As someone in their late 30s, this is going to be a whole lot of fun watching our country wiggle out of this debt mess as I age.
$350B to state and local governments to bail them out for years of mis-management
And that's just the start. The amount of money going to stuff that has absolutely nothing to do with this pandemic and economic recovery, ought to have our politicians be ashamed. It's crazy that we hide this much pork and ancillary spending in a bill sold to the American people as a "stimulus" for the economy. This bill has money going directly to families and organizations that need help as a direct result of the pandemic. It has exponentially more going to people and organizations that don't. I shared this stat a few weeks ago after hearing KC Fed President Esther George speak. Average household income went UP in 2020, not down. Average household savings increased 37% in 2020.
The unemployment rate is now below the point it was in 2014, 5 years into the recovery coming out of the Great Recession. This is just crazy.
As someone in their late 30s, this is going to be a whole lot of fun watching our country wiggle out of this debt mess as I age.
