Originally Posted by
40plusnewbie
It means that if you look at the federal debt and then divide by the number of citizens you wind up with $70K plus per citizen. You don't think a fary is going to come out of the sky and pay off the federal debt for us do you? The federal reserve bank (which is a private institution, private banks owned by individuals and NOT a government institution) can't simply keep printing out pieces of paper (that the government calls 'money') and lending to the government (which means more debt to us- whiich is added tax and causes inflation- the reason that a house used to cost 20K but now costs 400K) without us citizens suffering more and more consequences.
Why do you think it is that in the 1950's an grown man could work a job as a grocery store bagage boy and support a wife and a couple of kids but now a college student or a teenager can't work that same job and even pay his own rent and essential living expenses?
Why do you think it is that more and more it takes 2 incomes and not 1 to support a family? Or it takes working 60 hrs/week and not 40?
Sure the government propaganda machine might pipe out lies talking about 'jobs being shipped overseas' or 'foreigners taking our jobs' but that's just propaganda distracting the populace from what is really going on here.
So since you owe the federal government 70K plus that makes you a debt slave. They own your ass. And in 20 years your going to owe even more b/c the federal debt is going to continue to grow b/c the federal reserve is going to keep printing pieces of paper that the government calls money and lend it to the government at an interest rate...which the populace is responsible for paying/dealing with the repercusions of same.
And as far as you paying 50% of everything you earn in taxes, that should be more obvious when you think about it. Government propaganda has everyone chanting 'this is the greatest country on earth' or 'it's a lot worse in other places'. So what even if that is true? If your a slave picking cotton all day and you get 1 full bowl of rice at the end of the day are you supposed to feel pround and or comforted because the slaves down the block only get 1/2 a bowl of rice after picking cotton all day? Screw that!
When you think of taxes you pay do not forget about gas tax, exise tax, registration tax, buying a drivers license tax, speeding ticket tax, no seatbelt tax, parking your car wrong tax, property tax (renters this is built into your rent, you don't think your landlord is footing the bill for your share do you?), federal tax, state tax, sales tax, soc sec tax (good luck getting out every penny you put in over the course of your life plus a fair compounded interest rate lol, and INFLATION tax.
Inflation is not some entity that naturally exists on the planet earth. Governments cause inflation and inflation hurts you (ie costs you money/wealth), it doesn't help you.
Government has their hand in everything, every transaction imaginable. They want a piece of the action everywhere. You work and get paid and they take money from your pay before you even cash your check. Then you spend some of that money and they take a cut from sales tax. Then the people who you paid take that money and buys stuff and the governmetn takes a piece of THAT. If you save/invest some of the money the government takes a piece of THAT. etc, etc.
Add it all up and you pay a hell of a lot more than you are conditioned to think you pay.
Governments are territorial monopolies. They have exclusive rights to control everything that happens in the land they claim oversight of. No competition means they can give piss poor service and force you to pay for it all. If you refuse you go to the gulag or get shot.
It's like the mafia. It's a racket. Except the government has a multi billion dollar propaganda machine to disguize the reality that they are robber barrons who have turned you into a debt slave. Try to set up shop in competiton to the government and you will be killed (or sent to the gulag).
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