Why does what @RepMattGaetz is doing matter to economists?
When I was 11, our family took our first big vacation to Grand Cayman Island
I remember my dad handing my sister and I each a hotel key card with one instruction—“Don’t lose this”
48 hours into the week long vacation, we discovered the key cards were, in fact, magic
You see, they operated as de facto credit cards for anything you wished to purchase at the resort
“Just charge it to our room”
Ice cream served poolside, candy, toys at the gift shop, suddenly everything was within our reach with the possession of this little card
We did what any children would do—we used the cards. It was a gloriously fun vacation :)
Then came the last day
At check out, the bill comes due. The ITEMIZED bill.
“WHAT IN THE WORLD ARE ALL THESE LITTLE CHARGES?” Dad’s eyes were bulging out of his head
Suddenly we had to account for every single tiny, “just add it to the room” charge
There was a lot of austerity and garnishing of allowance in the weeks following that trip, but we learned a valuable lesson:
THE BILL ALWAYS COMES DUE
For the last 20+ years, America has been living and spending as if the bill never comes due
All of us
Our government does it, our corporations do it, our people do it
BUT THE BILL IS COMING DUE
I don’t know when and I don’t know how, but I know that it is
In what way and by whom is it going to be paid?
THAT is what most younger generations want a politician—ANY politician from ANY party—to answer for us. But they don’t. They won’t.
Love him or hate him, Matt stepping forward to ACKNOWLEDGE our debt problem and call out lawmakers for their “just add a line item to every spending bill and we will do this forever without term limits” mentality is a step in the right direction
🎤 drop
When I was 11, our family took our first big vacation to Grand Cayman Island
I remember my dad handing my sister and I each a hotel key card with one instruction—“Don’t lose this”
48 hours into the week long vacation, we discovered the key cards were, in fact, magic
You see, they operated as de facto credit cards for anything you wished to purchase at the resort
“Just charge it to our room”
Ice cream served poolside, candy, toys at the gift shop, suddenly everything was within our reach with the possession of this little card
We did what any children would do—we used the cards. It was a gloriously fun vacation :)
Then came the last day
At check out, the bill comes due. The ITEMIZED bill.
“WHAT IN THE WORLD ARE ALL THESE LITTLE CHARGES?” Dad’s eyes were bulging out of his head
Suddenly we had to account for every single tiny, “just add it to the room” charge
There was a lot of austerity and garnishing of allowance in the weeks following that trip, but we learned a valuable lesson:
THE BILL ALWAYS COMES DUE
For the last 20+ years, America has been living and spending as if the bill never comes due
All of us
Our government does it, our corporations do it, our people do it
BUT THE BILL IS COMING DUE
I don’t know when and I don’t know how, but I know that it is
In what way and by whom is it going to be paid?
THAT is what most younger generations want a politician—ANY politician from ANY party—to answer for us. But they don’t. They won’t.
Love him or hate him, Matt stepping forward to ACKNOWLEDGE our debt problem and call out lawmakers for their “just add a line item to every spending bill and we will do this forever without term limits” mentality is a step in the right direction
🎤 drop
And this may be a very unpopular opinion, but try to objectively look at how a person is doing their public job
Sex scandals are everywhere and aren’t partisan
Bill Clinton and JFK were good presidents who had their share of private life failings with women
Sex scandals are everywhere and aren’t partisan
Bill Clinton and JFK were good presidents who had their share of private life failings with women
This tweet blew up a lot more than I expected
I typically avoid both long form tweets and politics like the plague 😂
I post about housing, macroeconomics and how the US debt spiral is impacting millennials/Gen Z
Follow me @texasrunnerDFW if you’re interested in these topics
I typically avoid both long form tweets and politics like the plague 😂
I post about housing, macroeconomics and how the US debt spiral is impacting millennials/Gen Z
Follow me @texasrunnerDFW if you’re interested in these topics
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