20220801 - Liberty Minute

How does $49,000 relate to $7 trillion?
I'm Peter Serefine with today's Liberty Minute.
$7.1 trillion is what our federal government has authorized to spend on covid in one way or another so far.
That number goes up every time Biden announces the next "free" test, "free" pill, "free" masks, or "free" jab.
Let's stick with $7.1 trillion for now.
There were 144.3 million taxpayers last year, so let's do some math.
Total covid spending divided by the total number of taxpayers equals how much covid cost YOU.
That is $49,203.
For comparison, the average income from full-time employment last year was $63,688
Remember, every billion the government spends costs you $7, and every trillion costs you $7,000.
How long before the government demands your portion of the national debt, $243,000?
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Until tomorrow, Si vis Pacem, Para Bellum.