(RightIsRight.co) – Typically, when something sounds too good to be true, it probably is. When it comes to the government stimulus packages, many Americans got excited over the prospect of free money, especially as it helped many who were hurt by the coronavirus make ends meet. But, Senator Rand Paul (R-KY) recently warned how this big government spending is actually a “bait and switch.”
On Wednesday, August 4, Senator Paul spoke with Newsmax’ “Eric Bolling: The Balance” about the insane amount of government spending over the past year and a half. He noted that our nation is “looking at $7 to $8 trillion worth of new debt” that will lead to inflation across the board.
While it began with stimulus checks, Paul highlighted the unprecedented spending spree will then continue on under the guise of free college, free child care, and other benefits under the new infrastructure plan.
Many Americans shared Paul’s sentiment and warning about government spending:
— 🇺🇸 JWinABQ 🇺🇸 (@JimW_in_NM) August 5, 2021
Paul broke it down simply for those listening, highlighting that on the surface, it seems like Americans are getting “something for free”, but in the end, people will be “no better off than when they began.” Boiled down nice and simple, new debt and spending is a bait and switch that will lead to nothing more than fast inflation for Americans all across the board. Inflation means more dollars chasing fewer goods, resulting in Americans having to pay significantly more for the same goods and services than they have in previous years.
Copyright 2021, RightIsRight.co