Dr.Who
Well-Known Member
Might be a different answer to that, ya' know... might just be that the (government) is just desperately looking for money. Tax receipts and revenues ARE going to be less this year by as much as 15 to 25% (won't know for sure until the elfinly-challenged diva sings) and The Treasury is having an increasingly difficult time when due-dates are shopping for renewals, which is why The Fed has recently committed to buying Treasuries. IF the "gummint" starts reducing payouts to entitled beneficiaries (SS, Medicare, Medicaid, etc.), then next voting season would be catastrophic to seasoned politicians...
Gummint buying treasuries is kind of like Scientologists buying all the books by L. Ron Hubbard. They get to claim that the sales volume of the book is huge when in reality it is very very small.
Yes, they are desperate because revenues will be low. They could just do what the rest of us do - reduce spending.
And if that reduced spending were to effect SS, medicaid it would be devastating to the dems because their constitutiency just might have to be self-reliant and then they would learn that they don't need gov as much as they thought they did. It would be harmful to the pubs to the degree that the dems could pin it on them.
But I would welcome a devastating blow to career politicians. They are leeches and they need to be culled.