Tax Dollars to Grants

Here are some of the research projects selected for NEH grants:

A study of “18th century sexuality”
A study about bells in Bulgaria
A propaganda study based on the theory that Fox News can brainwash liberals
A virtual exhibition of more than 90 pieces of New Deal art from the town of Gallup, New Mexico
A book-length study documenting California wine history and its intersection with labor relations
An “immersive” video game about alchemy

When the citizen does not spend money, it does not have, the government spends money it does not have, to employ people. Even if nothing is accomplished. How long and how much debt do we let government debt get before it collapses?

3 Responses to “Tax Dollars to Grants”

  1. fwiw says:

    At zero interest, or better yet negative interest, debt doesn’t matter, does it?

    And by the time interest gets dumped into the situation our current political leaders will be comfortably retired and a GOP congress will make minimum payments on the debt from Social Security funds.

  2. Lisa says:

    Inflation taxes everyone world wide that holds the dollar. Social security is a ponzie scheme that under accounting will fail. Medicare can not keep everyone alive as long as medically possible because the high tech costs more than most life earnings.

  3. Lisa says:

    China Weighs Slowing or Halting Purchases of U.S. TreasuriesSenior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global debt markets were already selling off amid signs that central banks are starting to step back after years of bond-buying stimulusChina holds the world’s largest foreign-exchange reserves, at $3.1 trillion, and regularly assesses its strategy for investing them. It isn’t clear whether the officials’ recommendations have been adopted. The market for U.S. government bonds is becoming less attractive relative to other assets, and trade tensions with the U.S. may provide a reason to slow or stop buying American debt,

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Dansette