Don’t throw the baby out with the bathwater! A lot of people well, some people anyway Are complaining that the response to Covid 19 sent to much money to people who don’t deserve it, and companies stole from the Covid 19. This is true, but the overwhelming majority of those who received money for Covid 19 it was put to good use.It saved many a company from going bankrupt. There are strong indications that it actually brought a majority. Of poor people out of poverty for that short period of time. If is another crisis, such as another pandemic, we have to do the same thing spending a stupendous amount of money to keep the economy of this country going. Though we can prosecute those who took the money and shouldn’t have, we should not scrap pandemic relief programs, even though it seems like a lot of money that was wasted.
There are those who complain about super rich multibillionaires. Many of these multibillionaires are billionaires because of rise of prices in the stock market. Taxing those billionaires on paper gains that are not realize is actually attacks on the middle class pensioners, and those who have insurance policies.
President Obama complained that 529 was a way for the rich to save on taxes. Well it is also a way for us lower middle income people to save for our children’s higher education. Personal experience.
There are reports of Hundreds of billions of dollars being squandered by Medicare and Medicaid thieves of providers. Personal experience it sometimes difficult to get medical equipment that should be provided by Medicare providers. While those steal should be prosecuted to the full extent of the law, I only pray that we don’t we have too much regulations as too make it difficult for those who need medical equipment to get it.
* Just because there are many who game system, we should not throw the baby out with the bath water.
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