ECONOMICS 101a for Liberal Retards and Marxist-Inclined Demented Democrats ---->
First of all a government does not, of itself, make anything which produces Revenue which it can then spend. What it can spend depends on the Tax Revenue it receives from its Citizens and their businesses.
Secondly, if more and more of the healthy and capable working population are being paid enough so that they don't need to work, then the majority of them won't work.
Thirdly, if that majority has no wish to work then a wide variety of businesses cannot find sufficient number of employees to both help run their businesses or to expand their businesses.
Fourthly, when businesses cannot now be run to the same extent as before, their Revenue income drops, which results in them paying less TAX to the government, PLUS ..... those workers who are not earning a wage/salary won't be paying TAX either.
Fifthly, as a result of the above, the government will now earn LESS TAX REVENUE resulting in it having to "PRINT" more money in order to pay its "EXPENSES", like sending out all those cheques to people so that they don't work.
Sixthly, when the government "PRINTS", or borrows, more money, that raises Inflation (now running close to 6%) , and that, in turn, results in more dollars chasing the same, or fewer, goods which inevitably raises prices and the cost of living.
I put all of the above to a 12 year old youngster who followed it perfectly .....
Unfortunately when you have a Democratic Party "Administration" HIGHLY INFLUENCED BY A MARXIST/COMMUNIST, i.e. Bernie Sanders, then it's not surprising that a 12 year old will clearly comprehend the above, which is obviously "WAY ABOVE THE COMPREHENSION OF AN AVOWED SOCIALIST OR MARXIST". |
