Weekly Comments Archive
Archived Issue
Sunday, February 16, 2020
ISSUE #1004
Bloomberg/Clinton. Balanced Budget. Imagine that!

Columbus: It was fun for a while. Mayor Bloomberg was rumored to favor Hillary Clinton as his VP running mate. Would that make sense?

If he feared for his life in New York City if he had let everyone carry a gun, well, how would he feel the day after his Inauguration when Clinton is next-in-line? He might want to borrow “my” campaign promise from 1928: “If elected, I will resign.” It might have cost Bloomberg two Billion dollars to serve a few hours as President of the United States, but he would still have several Billion. And be around to spend it. Besides, if one of the other candidates had been elected, he was set to have two percent of his wealth confiscated every year.

Of course it was all a joke, just like the previous paragraph.

The Budget that President Trump sent to Congress is being treated like a joke. It has a Trillion dollars more in spending than receipts. But if you ask someone who is set to receive a portion of the five Trillion dollars how much they are willing to give up to balance the budget, you get a shocked look, “Me? No way. There’s plenty of waste and cheaters. Take it from them.”

Then you ask someone else, and they have an easy solution, “Raise taxes.” Then you ask, “On who?” and the immediate answer is, “On the rich.”

So, there you have the answer. Balance the Budget? Let the other guy do it.

Imagine that!

Historic quotes by Will Rogers: (on the budget)

“We never will get anywhere with our finances till we pass a law saying that every time we appropriate something we got to pass another bill along with it stating where the money is coming from.” DT #1733, Feb. 12, 1932

“Congress, with an eye, not on the budget, but on [election day], put a tax as high as 72 per cent on some incomes. That’s three-fourths; Russia only gets half… The crime of taxation is not in the taking it, it’s in the way that it’s spent.” DT #1764, March 20, 1932

“Everybody says, ‘Where’s the money coming from we’re spending?’ Well, I don’t know, but just offhand, I’d say it’s coming from those that got it.” Radio, Apr. 7, 1935

“Every time Congress starts to tax some particular industry, it rushes down with its main men and they scare ‘em out of it.” DT #1747 Feb. 29, 1932

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