Author Topic: Sinking U.S. economy hasn’t hit bottom yet  (Read 1480 times)

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Offline Smokin Joe

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Re: Sinking U.S. economy hasn’t hit bottom yet
« Reply #25 on: April 26, 2020, 11:57:48 pm »
Yes, I fear dramatically rising taxes and massive inflation.
Taxes, especially property taxes, yes. Sales taxes will fall short of projections as will most other revenue sources. But there is a fresh, large, segment of the population who just will not have the money to handle much inflation.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis