Sunday, March 31, 2019

Kamala hasn't much time to get her teachers bailout

The Congress has yet to agree to 3 trillion or so in the debt limit and they want to roll over a bunch of short term debt obligations, including flood costs. That has to be done by Sept or Oct, and once the roll over starts, a whole bunch of discretionary spending will be squeezed for ten years.

Kamal cannot get her teachers bailout until 2021, at the start, that is nearly three years. Ditto for Lix and her bailouts, Bernies and his, Kumbercahr her spending, and Beto and so on.  None of their proposals solve the immediate needs of short term liquidity.

In Sept or Oct we will be agreeing to set aside another 60 billion/yr, indefinitely,  for interest charges. No discretionary spending until that contract is fitted into the budget.  But the cost of the LAUSD and Oakland and Sacramento contracts are unpaid, yet. Gavin be stuck in a horrific down turn unless the sequence order is changed from the last time we did this.

Here is where the voters should use their commutor function, it is a bit more accurate because we did a 'been there, done that'. Use the observed, complete sequence to jump phase and while staying within the sequence margin.  Do an adiabatic move, exchange stimulus for tax and sequester. We can do stimulus second, I promise.

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