It’s Time To Stop Funding Unicorns
U.S. taxpayers are now $36.5 trillion in debt, meaning every citizen, newborn or elderly, owes creditors (big banks controlled by those evil billionaires) $110,000. Death is the only escape, but when you die, you pass this burden to your children and grandchildren. The debt with which you are willing to burden your children to pay for your freebies and unicorns today says much about your morality, as does your desire to make your fellow citizens subsidize your desires through government sponsored extortion.
We add billions of dollars in new debt every day because some people feel entitled to their personal gravy trains. Medicaid for illegal aliens is a higher priority for the Left than fiscal solvency and the futures of our children. Under King Biden taxpayers were forced to pay hundreds of billions of dollars to subsidize illegal aliens, while veterans were denied housing. Meanwhile we spend $Trillions to keep able-bodied people on Welfare while importing illegal aliens to perform work that Welfare recipients should be doing.
We are paying illegal aliens and professional agitators alike to burn our cities in their “mostly peaceful” insurrections like in LA that have caused so much violence and damage. These riots were organized by a Leftist NGO (the Coalition for Humane Immigrant Rights) which received $33 million in taxpayer money. We paid them to burn LA. Of course, the Teachers’ Unions helped.
It is amazing how many times we hear the nonsensical claim from the anti-DOGE crowd that taxpayers are somehow obligated to continue funding fraud and corruption because somebody “depends on those handouts”. But these same ideological extortionists never ask whether it is wrong to forcefully take from working taxpayers and give it to those who have done nothing to earn it. Shouldn’t we be eliminating dependency instead of creating it? Why does the Left have no empathy for taxpayers?
Given the recent assaults on “billionaires” posted by the Left in this paper, one would think they (the Left) would be more hesitant about demanding freebies funded by deficit spending, which only benefits the billionaire bankers. From one side of their mouths the Left claims to despise the Billionaires, but out of the other side they make the billionaires even wealthier! Apparently, taxpayers are supposed to just accept their roles as servants of the State, paying $1 trillion a year in interest on Government debt to enrich the billionaire bankers.
If you are defending profligate government spending, and are opposing DOGE audits, then you are simply a willing tool of the Billionaire class.
Two-thirds of Wall Street political money has gone to Democrats over the past 5 presidential elections. Big Business loves Big Government, and vice versa. Both are thrilled to accept the Deep State arrangement of corporate welfare and subsidies grown over the past few generations, and they are desperate to keep working people as serfs on their plantations. Damn the taxpayers – full speed ahead!
The latest Leftist talking point is about threats to their Social Security entitlement, which will go belly-up around 2033 because you buried your heads in the sand and ignorantly vilified anyone who promoted reform. When you get a reduction in your Social Security payments it will be because you have grossly underpaid over the years (thanks to Government incompetence) for what was promised. Your politicians lied to you, and you were naive enough to believe you had a private account (Gore’s mythical “Lock Box” – LOL) Apparently the politicians in DC also have a bridge to sell you.
By definition, a Ponzi scheme is a swindle wherein distributions to existing subscribers (SS retirees) are paid by contributions from new subscribers (working people). The realty of FDRs Social Security is that people never paid into their own accounts – rather, they merely fund the current retirees who had been under-paying their whole lives. With declining birth rates and people living longer, we are headed for an unavoidable disaster: More retirees eat from the pie, and fewer people make the pie. The pie is running out and you have nobody else to blame. You voted it.
In another Leftist talking point, there has also been a spate of politicians (and local column-writers) denigrating people who refer to Social Security as a Ponzi scheme. Yet, this is merely speaking truth to power. People who don’t understand that Social Security is a Ponzi scheme are either ignorant of the definition, or are too ideologically possessed to accept the reality. They believe they can just snap their fingers and fix 90 years of Social Security mismanagement and fraud. Even FDR admitted that his Social Security plan was unsustainable the day it went into law.
American Social Security is the opposite of an actuarial investment plan like 401K or IRA (or Sweden’s SS), but rather is an under-funded slush fund for politicians. The US is one of the only countries with such a pathetic system. You might ask yourself why you refused to accept this reality years ago when we could have fixed it. People like Bernie Madoff go to jail for their Ponzi schemes, yet politicians who support the current Social Security Ponzi Scheme are actually applauded by the Left. Why? Is it because they “cling bitterly” (Obama) to the “Free Lunch” and the Easter Bunny?
If you think that catering to dependency is a good thing, then you are free to put your money where your mouth is. Start your own charity and privately fund all social spending, medical care for illegal aliens, transgender surgeries, and handouts to future Social Security recipients who were screwed by your negligence. You love to quote Jesus when shaming your opposition, so why not take the vow of poverty and give it all away to those you have christened as “victims”.
Many whine because Congressman Langworthy actually favors the cutting of waste, and are apparently upset because he won’t support the fraud and corruption that funds their gravy train. For this they claim that Langworthy is not doing his job to represent them.
So here is your reality check: Langworthy cannot satisfy the Free-Lunch crowd, and protect our children from fiscal insanity at the same time. He is complying with those who elected him – conservatives – to at least slow-down the fiscal insanity.
Stop whining. Start a charity. Pay for your unicorns yourself.
Scott Axelson is a Jamestown resident. Michael Dee is a Silver Creek resident.