“The Non-Covid Spending Blowout” by Wall Street Journal Editorial Board, reports that “Most of the $1.9 trillion House bill has little to do with the virus.”
Certainly, the coronavirus stimulus bill does provide $473 billion in payments to individuals, $75 billion in cash for vaccines, $26 billion to restaurants, $15 billion to help fund airline payrolls, and another $7.2 billion in Paycheck Protection Program funding for small businesses.
However, The Wall Street Journal editorial board estimated that only $825 billion was directly related to COVID-relief and $1 trillion was “expansions of progressive programs, pork, and unrelated policy changes.” [ Source ]
We are heading into a DEBT storm … setting the stage for a massive global economic reset! In the United States, the nation’s debt $10 trillion in 2008. By 2016, it increased to $19.6 trillion. In 2020, it had gone to $23.6 trillion. And today …. $28 trillion!
Throughout the world, the debt had reached $272 trillion by the 3rd quarter of 2020.
Nothing to see here folks … it’s just printing money without any ramifications … do you really believe that?