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Politics : Formerly About Advanced Micro Devices

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Mick Mørmøny
RetiredNow
To: RetiredNow who wrote (1221696)4/17/2020 3:16:38 PM
From: Tenchusatsu2 Recommendations  Read Replies (3) of 1580007
 
Mindmeld,
No that either party will agree to that. But it's a good idea.
The people in Washington will never agree to it. They're the so-called "establishment" that both the left and the right disapprove of.

State legislatures, however, "should" act independently of Congress. They don't have the luxury of a Federal Reserve to perpetually print money for them. They have to balance budgets because they live in a normal world where money doesn't grow on trees.

Of course, you know why state governments may be loathe to go against the will of the federal government. Many if not most will suck on the Fed teat.

Remember during the oh-so-Great Recession of 2008, and how Obama helped "prevent a crisis from turning into a catastrophe"? Remember how Congress at the time passed "stimulus"? Most of that money ended up being a political slush fund to state governments, especially the Democrat-controlled ones.

You can bet that state governments these days are even more dependent on the federal government than ever before. And that's exactly what the centralized planners want.

Tenchusatsu
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