No Thanksgiving for Working Stiffs | Philip A. Farruggio
Philip A. Farruggio -- World News Trust
Nov. 27, 2014
Yes, it is holiday season once again.
The stock market has just set all time highs. Black Friday will, as always, see the mobs of shoppers out there in line to get those great bargains. The malls will be filled once again with folks looking for Christmas gifts for loved ones.
Many of our neighbors will conduct their annual obsession with the act of giving; so much so that many organizations will actually refuse anymore donations
unless of course they are in the form of cash. Isnt Thanksgiving such a wonderful time?
Should we all be thankful that throughout our great nation, public services have been cut? Why? Well, the states and their cities simply do not have the money to sustain them.
You see, for decades in our country, we had this thing called Revenue Sharing, whereupon the federal government took some of the revenues it obtained from us, and sent it back in the form of Block grants: loans that did NOT have to be repaid. Our states and cities used this money to help fund roads, infrastructure repairs, school construction, library budgets, hospital needs, local police and fire protection, food banks, homeless shelters, housing for the low income, food stamps and of course Medicaid.
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