The REAL QE: $1 TRILLION a year given to the Mooch Class…
The government is giving $1,000,000,000,000 a year to the mooch class. That form of QE has been going out of one set of pockets into other peoples pockets for decades. The recipients do nothing to earn it. It’s handed over without ANY qualification. That trillion dollars year over year is very close to the increase in the national debt. The national debt increases by a trillion and is bought by many, all of who are buying the QE’d efforts of 100% indigent people, 100% financed by the long term efforts of those who must, some day, pay this off. US debt auctions are still over subscribed by 2.5 to 3 to 1.
Buying our labor Not exactly. Buying the lack of labor and effort of the Mooch Class is more like it.
Students receive 100% of their tuition provided by loans from the government, resulting in an educational welfare system that produces ill-educated young people facing a mandated $15 wage labor market. No employers will to pay that to over educated young people with negligible work skills, degrees that have little bearing on the low end bar tender/restaurant worker $15 hour minimum wage mandated by the socialists who think $15 an hour is the be all end all of poverty and wage inequality.
Enter the brainy mugs amongst us who saw this coming; crunching the numbers down to the last penny. It took about a New York second to calculate when R2D2 starts at Wendy’s with their 6,000 roboservers coming on line, taking Ashley and Tyler, freshly minted BA degreed candidates for Mommy’s Motel 6 3 hots and a cot with a side of EBT and pushing them into the permanently unemployed. Mom gets to pay the student loan, having co-signed for that. Tyler’s new F150 has a subprime rate of 14% and due for repo next week.
He’d gladly pay you Tuesday for a hamburger flipping job today. At least Ashley’s been able to line up 3 shug daddies to pay her loans, 3 tricks a week and no strings attached. Old farts are gittin’ some at $1,000 a month, no strings attached. Ashley’s figured out how to turn her only asset into a paying gig job as a furniture girl.