People with assets including cash do not have very many US dollars in loose cash to invest in these “Recovery Bonds”. They already have their cash in T-Bills and other government bonds. This already represents a lots of money loaned to the US government to cover the various government expenses.

Who will buy these “Recovery Bonds”? The Average US citizen is up to his neck in credit card debt, and should probably file bankruptcy and not have to pay for the good times that he enjoyed and paid for by charging expenses to his card. Most US citizens use their credit cards to enjoy the good life of vacations, new cars, eating out, entertainment, music, booze, cigarettes, concerts, etc.

I guess that the government needs to spend our tax money on wars, military jets with active duty military USAF pilots for the personal use of specially privileged members of congress (Pelosi), employee payrolls, government retirement checks, courts, federal police, failed business bailouts, cash bonuses to the various Wall Street forgers of SEC documents that contributed to political campaigns, Las Vegas corporation junkets for failed corporation employees, foreclosed house mortgages for big spenders with bad credit, new multi-million dollar French manufactured personal corporate jets for political contributor’s bankrupt corporations, pork barrel projects, research contracts, Welfare, Social Security, Medicare, Medicaid, SSI, expensive corporate vacations, new infrastructure, wealth re-distribution, mental health services, imported consumer goods and any other thing that congress and/or the president decides to use taxpayer money to acquire, build or just give to their political contributors and various other privileged individuals with borrowed US dollars.

The people in the country that grew and harvested something from the earth, that extracted something of commercial value from the earth, that provided services (medical, dental, engineering, technology, etc.), and/or that made (manufactured or constructed) something that is consumable (or useful) that was sold in exchange for foreign currency (or other commodities to other parties outside of that country) created wealth for that country from the currency received from the sales of those services and products and this increased the real wealth of that country (or family).

The USA has almost entirely ceased to generate wealth for future US generations. The USA has elected to sell or export title to US real estate, farms, agri-businesses, food supplies, dairies, forests, industries, breweries, hotels, factories, casinos, financial institutions, retail businesses, and most other assets located in the USA in order to raise money to pay people in foreign countries to manufacture the things that US citizens consume without US citizens working, and also to pay US government expenses.

My children and my unborn grandchildren can work hard and buy back these assets, while I sit idle and not have to work in some dirty factory making things that US citizens consume. We can also have a clean environment, if we close all of our factories and relocate the factories (and the jobs) to foreign countries.