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A Pile of Leaves, the National Debt, and the Chinese Virus

Last updated on August 3, 2020

They say that the teenage brain is underdeveloped. I think it’s true. When I was 13-years old, I was out raking leaves in front of my house. Got a pretty good pile raked up, ready to burn. You could burn leaves in those days on the side of the road, which made a truly delightful aroma. I had the water hose nearby just in case the fire got out of control.

I looked at the pile of leaves and thought that it would be fun to dive into it headfirst. Since my early childhood, cartoon characters did stuff like that all the time. Why not me?  Without a moment’s hesitation I took a flying leap and dived into the leaves.

As my face crashed down to the pavement underneath the leaves, I suddenly realized I had miscalculated the cushioning power of leaves. Blood oozed from forehead, nose, and lips. Fortunately, I hadn’t broken any teeth—maybe chipped one or two.

Now, in 2020, the federal government is making a similar but much more devastating mistake. They’ve raked up a humongous pile of debt to help compensate for the economic catastrophe they caused with the COVID-19 lockdown.  And now, they urge us to jump into that enticing pile of “stimulus money,” corporate bailouts, and astronomical deficit spending.

Just like my 13-year-old self, they give no thought to the hidden, bone-crunching and bloody hard pavement of financial devastation under that pile of debt.

Here’s the kicker… Unlike a pile of leaves, a pile of debt is not really a pile at all.  It’s a smokescreen that hides a black hole that can suck our lives and our sacred fortunes into the dustbin of history.  We’re not immune to the fate of other nations and civilizations that ignored economic reality.

The Coronavirus Lockdown devastated our economy. The black hole of Federal debt will finish the job!  Meanwhile, make sure you wear your mask.

 

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