David Mitchell
MM,
I wonder why your payment has jumped $300 per month?
Was that some government official or the result of some some unscupulous Mortgage Loan Officer talking you into an ARM, (Adjustable Rate Mortgage). I still marvel at why so many people choose an ARM other than when going rates are already very high, anticipating a drop in the rates. If you are going to argue that it was the FED, I would answere that they wer asleep on those all-time low rates too long, and are now having to play catch up on inflation.
As for shortage of cars - - isn't that a direct result of us having near zero capacity to manufacture our own micro chips? Parts of Joe's "Infrastructure Bill" are focused on that very issue.
(added later) As for gas prices - you might have heard a little something in the news about some invasion of Ukraine and its disruption in global oil supplies. My boss has a brother in the drilling buisness and he admits there was a bit of gouging on the part of American suppliers.
Not sure how you can blame any of these three issues on Joe B. - well maybe the FED rates, but that would not affect you unless you had an ARM.
I'm not disagreeing with your overall point about our spending, but highways and bridges need to be repaired, and bills already on the books need to be paid.
As I have stated before on this Forum, my argument is more about how much revenue we refuse to collect. As Joe put it the other night, Why should billionaires and huge corporations pay less taxes than Teachers and Firemen (and I will add Cops, Nurses, etc). Our IRS code is horribly out of whack - completely unjust in my mind. But it is desperate for more manpower to audit the errors and the cheaters - which are great in number - including a former President.
This brings up this new idea being floated by GA Rep Buddy Carter about a new flat 30% sales tax - and the complete closure of the IRS. Hard to get much detail on this yet, but it could be a disaster for working class people.
NOTE: Buddy Carter drives a grey pickup. He parks it in one of our licensed parking spots at the Savannah airport whenever he goes to D.C. (often taking up more than one space) He's got a newer one lately and it still does not have all of his old bumper stickers, one of which read "Walker for US Senate". I wonder if he isn't sort of glad to be rid of that sticker
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