Congress Spending Surge Is National Suicide
by Ron Paul Posted on August 06, 2019
With a national debt approaching $23 trillion and a trillion dollar deficit for this year alone, Congress last week decided to double down on suicidal spending, passing a two year budget that has the United States careening toward catastrophe. While we cannot say precisely when the economic crash will occur, we do know that it is coming. And last week Congress pounded down on the accelerator.
We are told that the US economy is experiencing unprecedented growth, while at the same time the Fed is behaving as it does when we are in recession by cutting rates…and dodging insults from the President because it’s not cutting fast enough. This is not economic policy – it’s schizophrenia!
But that’s only the beginning.
Take what they call “national defense†spending. This is the misnomer they use to try and convince us that pumping trillions into the military-industrial complex will make us safe and free. Nothing could be further from the truth: probably ninety percent of the “defense†budget is aggressive militarism and welfare for the rich.
Read more at: https://original.antiwar.com/paul/2019/08/05/congress-spending-surge-is-national-suicide/
So, this comes from the Ron Paul institute originally, not from the antiwar.com site originally, see end of article.
