Insight - May 12th, 2020
Insight
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12-May-2020
Today on Insight, Josh Rosenstern discusses the potential for a second stimulus package that would include additional monies of possibly 3-trillion dollars to help bailout state, county and local governments. Brother Josh says much of this money is going to pay for mismanagement of funds that have built over the years; while some of the money is to help the current situation with Covid19, the majority is not. Brother Josh says while many people have received help by deferring loans and mortgage payments, he says you’ve got to ask the question who will bear this burden in the future with regards to the mounting debt of our country. He fears that will eventually settle on the backs of future generations. He says we must look at the infrastructure to see where problems lie to begin with, as a continued outpouring of bailout money will only drive our country deeper into debt. He says, God help us.
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