Dear Friends,
It seems to me, the 80,000 IRS agents the government is hiring could scrape a few dimes from small businesses, ruining them… or, they could go after the hundreds of billions the government has lost track of. The mind boggling billions that have disappeared from the Covid relief funds for example. A good CPA could save more money in ten minutes, auditing the government, than a million IRS auditors could do in a thousand years, squeezing pennies from us little guys. The fact is, the elite don’t want their pork trimmed, they want more money from us, to fatten up the hogs. Since we abandoned the democratically representative republican paradigm decades ago, to become an autocratic government in all but name, the elite call the shots, and those who call the shots, get their way.
A trillion dollar deficit is not going to be filled by bankrupting a few small businesses. That would be like filling a black hole. It can’t be done, because the more it grows, the hungrier it gets. Like chasing a rainbow, it will be forever beyond one’s grasp. As well as the pot of gold beneath. The elite are chasing for a pot of gold by scrounging every penny from us. Their greed, avarice and envy is boundless, yet grows, with every tax dollar they take in. There is a saying, if your only tool is a hammer, every problem looks like a nail. The elite have only the hammer of deficit spending, so they attack with gusto every problem… with other people’s money. Obviously, such wise leaders as we have, would only use our money for their own interests, to do otherwise would be, good heavens, populist!
At this point the deficit is growing faster than GDP. According to economic sources, other than Gingrich’s short budget surplus in the late 1990s, the US has grown the debt at twice the rate of GDP since the 1980s! That isn’t “sustainable.” The deficit is now over 31 trillion dollars and growing fast. The brain balks at comprehending such numbers. Yet the amount of money you and I owe, because the elite spent it in our name, grew a trillion dollars last year alone. As the government wastes more and more of the national capital on malinvestment, cronyism and foreign wars, less and less will be available for reinvestment, maintenance and innovation. Until eventually, everything we make, will go to feeding the dragon the elite summoned into being. That, bad as it is, isn’t even the worse part.
Eating the young to stay fat is a self destructive strategy. When government becomes the be all end all of people’s existence, and the only legal source of income, we either figure out a way to rent seek, else starve. The capitalist option, creating something of value and selling it, thus improving your life and the lives of those who bought it from you, a win win, becomes impossible. Regulations block the way, taxes take the profit, corruption increases costs, and envious elites will use law as a means to punish the few who still win. As Lenin did to the Kulaks. So everyone becomes a grifter. Because grifting is the only thing that can be done in a rent seeking economy. And a rent seeking economy becomes inevitable when the government spends all of the public’s money on maintaining power.
If the government really wanted to solve the deficit problem, they could do it in a heartbeat, but the deficit is a problem that they can manipulate into more power, wealth and prerogative. So they only want to appear to solve it, while they exploit the fear of it to usurp more power. No corruptocrat wants to be audited by an uninterested third party. That would be suicide. No, the elite, who have unlimited power now, want unlimited deficit spending and a rent seeking economy. They are accelerationists at heart, pushing to end the world. So they can rebuild it in an image they prefer. A global fascist totalitarian oligarchy where the experts run the show. That’s why we are getting 80,000 IRS agents to probe every American’s private papers… and not an audit of the insane spending.
Sincerely,
John Pepin
