The federal government “borrowed” $900 billion from the future (from our children and grandchildren) in December and then an additional $1.9 trillion in March.  The December “stimulus” legislation was passed to provide a $600 payment (to most citizens), and the March legislation was passed to fund an additional $1,400 payment.

So, here is the first piece of simple math regarding the March legislation – – $1.9 trillion divided by 330 million citizens is $5,757 per citizen.  On what planet does borrowing $5,757 in order to receive a $1,400 check make sense?  Why would any person willingly funnel $5,757 through the hands of the federal government?  (More on that later).  And what happened to the rest of the $5,757?

OK – The next piece of math is a simple sum of the components of the legislation that was passed – – $410 billion for stimulus checks, $360 billion for government, $246 billion for extended unemployment benefits, $176 billion for education, $143 billion for expanded tax credits, $123 billion for COVID-19 response, $105 billion for other healthcare costs, and $325 billion for “all other” (none of which related to the pandemic).      

$410 billion divided by $1,400 equals approximately 164 million (not 330 million).  Simply put – – the Socialists have successfully implemented one more step in their game plan to eliminate “income inequality”.  Unfortunately, they have accomplished that feat by stealing that money from future generations.  And why is this “favoritism” not considered to be a direct violation of the general welfare clause that talks about the country as a whole, and not just sub-segments of the “winners” (citizens below the stimulus checks’ income threshold) versus the “losers” (the kids and grandkids)?

The $360 billion to government is also a wealth transfer.  In this case, it’s from future generations to the politicians in power today.  Most of this money will be going to bail out Blue states that have mis-managed their state’s finances. 

$246 billion will be spent so that some people may continue to choose to remain unemployed, because it is more profitable than finding employment.  And with continued government-mandated restrictions on certain segments of the economy (restaurants, etc.) unemployment will continue to be higher than it should be. 

$176 billion will supposedly be spent on educating our children, many of whom continue to be prevented from actually attending classes in their school.  A lot of the money that has already been appropriated for education in previous “stimulus” bills has not even been spent yet, and we do not know where or how this latest “payoff” will be spent.

$143 billion for expanded tax credits is simply another way for politicians to buy some more votes.

If you add the $123 billion and the $105 billion, the math shows that only about 12% of the total cost of the March legislation is actually being spent on the pandemic.

US Debt Clock math – – $84,700 as of March 1st, plus $5,757, equals $90,457 for every man, woman, child and retiree in the country.  One last piece of simple math – – the March legislation was passed with zero Republican votes in either the House or the Senate.  The Socialists in Washington DC are simply buying some more votes today at the expense of our country’s future.  More on that next month.