THOUGHTS ON THE $1.7 TRILLION OMNIBUS SPENDING SPENDING SPENDING BILL

Tom,

You need to discern the other worse possible outcomes of not passing this Bill.
The result of this Omnibus Bill is to get on the bus to have only two options.

1.increase tax revenues because if people don/t work, they cannot pay taxes,
2.or, if a recession occurs, speedup the present Ponzi scheme run by the Federal Government..

NICORs who voted for the Bill have made for the 2023 House next year to choose to raise taxes on the superrich, which is the only option left is to pass tax increases on the rich to prevent a worse outcome of greater damage to the USA dollar.

Because If there is a recession, the effects of this Bill will create bigger deficits in 2023 because less people will be able to pay taxes if they are not working.

So as long as people are working is in effect, the same as a a Ponzi scheme as long as US dollar is accepted to use to pay for imported goods ,oils, with printed dollars,

The best option to avoid what will occur in the near future is people should buy homes, property, or USA assets because as the Dollar inflates in buyer power, in the long run, paying back the loans with cheaper inflated dollars benefits the borrower more than the sellers in the long run.

However, when the present deficit hits 50 trillion, it will be the end of the Ponzi scheme because the taxes revenue required to pay the National Debt interest to lenders will be more that is collectable from tax revenues.

The NICORs are in effect representing their communities better by approving the Bill because they know if they don’t hop ion the bus now to obtain whatever they want or need for their communities, because in less than a decade, it will be impossible to fund the present Federal Ponzi scheme.

Unless of course, they tax the superrich to allow for the Ponzi scheme to continue longer.
In other words, the Dems who are pro taxation of the rich have left nothing else for the House for the next two year , except to choose to slow down the Ponzi scheme by increasing their taxes, or lose the 2023 election when they are accused to have allowed a recession to occur..

Because a recession will result in less taxes which will speed up the end of the printing dollars to fuel super inflation created by job losses that lows that lower tax revenues for working people and businesses.

If interested, check out how tax revenues increased over time in this link

U.S. Federal Tax Revenue by Year (thebalancemoney.com)

Regards and goodwill blogging.