If you follow our political class and their inane actions and antics of sufficient length and close enough, you're continually amazed with what they certainly and the way a lot of time, resources, and taxpayer money they waste without ever really accomplishing anything worthwhile. Their actions range from just outright waste to wasting time on issues and topics that have hardly any about the typical American's daily life. Consider a number of the latest examples:
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While this suggestion is extremely interesting, and would cater to many conservatives and libertarians alike who have the tax code is a lot too draconian, the sad part concerning this proposal is that it has been done much smoother back 2008 once the Credit Crisis hit and threatened to adopt down the entire U.S. financial system. Instead of Congress and also the Fed bailing the banks with tens of trillions of dollars in the taxpayer money, and new debt issuance, Congress could have borrowed under $5 trillion to settle all residential property loans that have been mortgaged by the American people, understanding that money would have been transferred directly into bank coffers, allowing them plenty of capital and liquidity to be solvent. In the meantime, by paying off these mortgages for homeowners, it will have lessened the debt burdens of U.S. citizens who might have then taken the additional money to debt, invest in small businesses and corporations, or continue spending which in every three cases could have stimulated the economy and avoided the Great Recession altogether.
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