With Over 2 Trillion Dollars in Additional National Debt Since May, Bailing Out Microsoft Again Will be Harder to Justify
Microsoft is having financial issues that it is unable to hide
THE US President is now asking for more than 100 billion dollars for foreign countries (wars), having already spent billions on Microsoft "defence" contracts (taxpayers giving Microsoft a stimulus) and bailing out failed banks, not to mention various other things. Bailing out Microsoft is always a bad thing, no matter if Trump does it or Biden does it. The "major" (duopolistic) political parties or "wings" belong to the same bird, which is oligarchy.
Having just checked the latest national debt figures, it seems clear that since the roof or ceiling or maximum got raised the money-printing machine has worked manically, probably not housing the homeless but instead dishing out lots of cash to war companies such as Boeing (maker of rockets and missiles, not just passenger planes, for which demand waned after COVID-19 had broken out).
It's actually rather surprising to me that the money was spent so fast. See May in the following chart, which basically stops in September:
A more current or up-to-date (and famous) debt clock shows that it's already at $33.7 trillion compared to $31.5 trillion back in May.
Only a failed regime would prop up tax criminals like Microsoft (evaded $28.9 billion in taxes, according to the IRS this month) while failing to house the homeless. According to the US Debt Clock, there are now 608,473 known homeless people; the real number is probably a lot higher. How much would it cost to give them a roof (winter is here already) compared to giving Microsoft another bailout?
Instead of some $22,000,000,000 useless helmet (that makes troops vomit) contract Biden could give each homeless person $63,000. For a homeless couple that would be enough to buy a decent home. This can reduce crime, unlike giving money to the criminals who run Microsoft. █