THE DEMOCRATS ARE SPENDING LIKE DRUNKEN SAILORS

 

Biden and the Democrats

Are Spending like Drunken Sailors.

But the difference is

That the Sailors can only Spend what they have,

Whereas, the Democrats Spend what they do not have.

Their Spending of Trillions

Will bring Terrible Inflation

Which makes all existing money Worth Less;

It ends up being a TAX on everyone.

Venezuela is a recent example

Of what happens when a Government Spends

What they don’t have;

The Nation goes into Poverty.

That is what lies ahead for America.

Jimmy Carter brought upon the Nation bad Inflation,

But his spending was insignificant

Compared to what Biden and the Democrats

Are currently Spending.

In the case of Carter,

The Federal Reserve could increase Interest Rates

And dampen the Inflation.

Today, if the Federal Reserve

Tries to increase Interest Rates,

The Interest on the National Debt will Explode

And Bankrupt the Nation.

Further, Inflation will impoverish

Social Security and Medicare recipients.