Rep. Ellison: America Isn’t Broke, There’s Lots of Money the Government Doesn’t Have Yet

‘We’re not broke, there’s plenty of money, it’s just the government doesn’t have it’

‘There’s Plenty of Money, It’s Just the Government Doesn’t Have It’ — Congressman Keith Ellison (PJ Media)

Urban legend holds that Willie Sutton told a reporter that he robbed banks “because that’s where the money is.” Not to be outdone, Minnesota Congressman Keith Ellison recently made a similar observation. CNS News reports:

Ellison was discussing his “Inclusive Prosperity Act” measure at the July 25th Progressive Democrats of America roundtable in Washington.

“The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”

The “Inclusive Prosperity Act” would levy a sales tax on the trading of stocks, bonds and derivatives.

We can induce from Ellison’s comments that he believes the government cannot go broke so long as money remains in the private sector to be taken. In other words, your money does not belong to you. The state allows you to keep what you have and reserves the right to seize it for redistribution.

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