We’ve been told these lies many times, yet some continue to believe the lies. It feels like we’re in an abusive relationship with our government.
"The White House, however, has argued that the economic growth sparked by the bill will alleviate the costs. The White House Council of Economic Advisers issued a report projecting up to approximately $11 trillion in deficit reduction from growth, higher tax revenue and savings on debt payments.
Asked in the interview to respond to that report, Summers said, “It is respectfully nonsense.”
“None of us can forecast what’s going to happen to economic growth,” he added.
“What we can forecast is that when people have to hold government debt instead of being able to invest it in new capital goods, new machinery, new buildings, that makes the economy less productive,” he continued. “What we can forecast is that when we’re investing less in research and development, investing less in our schools, that there is a negative impact on economic growth.”
And when my RS District Manager called me and asked if I thought RS products were worth the price, (40% higher than the competition), I said “yes, of course they are”, because I didn’t want to be fired.
I kind of go by how long the Sunday lines are for the grocery give aways at a local church, where people drive through to pick up their groceries. This is not a poor neighborhood. On my way home from church, I have to make a right turn at an intersection that crosses the line of cars; fortunately, the grocery seekers are polite about not blocking intersections. It’s at least a half mile long lane of cars at this point.
Our own church food closet, which gives away a rather modest bag of groceries to folks on foot at the front door on Saturdays, is getting about 65 families a week. We used to think 40 was a heavy week, but now 70 does not surprise us.
And people still have SNAP.
We just bought a year 2017 van to replace one that was slap worn out. We aren’t poor either, but a 2017 ICE was the best we could find on our budget. (It’s a nice car, we like it.)
Everything is too expensive. Absolutely everything.