March 14, 2019

 

3/14/19: Well, young Americans, this is your lucky day. Your rich Uncle Sam has died and left you everything in his will. 

Unfortunately, Uncle Sam borrowed a few trillion dollars before he died so all his bank accounts have been cleaned out. 

The new Trump budget is out this week. Funding for the Environmental Protection Agency is to be cut by 30%. That means you’re going to inherit way more pollution, young people! And even counting on healthy 3% annual economic growth (as Trump and his advisers predict), the federal budget will not balance till 2034. Ha, ha, remember when your grandparents and parents slapped those MAGA hats on their heads and voted for Trump because he said he’d wipe out the national debt in just eight years? Well, the joke is on you, young Americans. 

The new budget promises to repeal and replace Obamacare, too. 

Also, when you are old and wizened, there will be no money for Medicare, and Social Security will be flat broke.

Enjoy that bath, boys - because when you are old,

the federal government will be bathing in red ink.

 

According to Mr. Trump and his economic advisers, you will inherit $1,000,000,000,000 in fresh debt this year, a trillion the year after, a trillion the year after that, and a trillion again the following year. 

On the other hand, if Trump has his way, Congress will allocate $8.6 billion for his big, beautiful border wall. So at least you’ll have a wall to remember Trump by, when you are old, and your Social Security checks bounce.

RED INK FOR YOU!