Bob Drach

@Bob_Drach

Bob Drach was a 2024 candidate for NC State Auditor. He believes good government requires good financial controls and balanced budgets.

North Carolina

Joined February 2024

92Following

136Followers

Bob Drach@Bob_Drach · Jul 23

Our HOA board thanked a volunteer, accepted a donation, and deferred some maintenance to keep spending in line with income. Are we amazingly competent, or is Congress amazingly incompetent?

Bob Drach@Bob_Drach · Jul 18

This

NNational Review@NRO · Jul 18

The "big, beautiful bill" imposed a tax on remittances, penalizing any American citizen or noncitizen who sends money across US borders. This is a penalty on one of the purest expressions of human freedom. | Brayden Myers trib.al/X4dnSgX

Bob Drach@Bob_Drach · Jul 17

Should Jay Powell lead the Fed? Who cares? Trump and Congress need the Fed to manipulate the national debt. The problem is the debt. Many Fed functions should be objective (eg: money supply), come from the market (eg: interest rates), or be done by others (eg: regulation).

Bob Drach@Bob_Drach · Jul 10

A parable about "one grain of rice" explains, in terms a 6-year-old can understand, why running a fiscal deficit is bad. If you're over 6 and still support government deficit spending, revisit this parable. #ncpol

Bob Drach@Bob_Drach · Jul 6

Nice to see the country moving toward the Libertarian postion on immigration. livemint.com/news/us-news/d…

Bob_Drach's tweet card. President Trump announced plans for a temporary pass system allowing immigrant farm and hospitality workers to stay and pay taxes, aiming to ease labor shortages while continuing deportations of...

Bob Drach@Bob_Drach · Jul 4

The Big Bill increases spending, including Medicaid. As a result, the national debt may soar to $54 trillion. If you're under 50, its your money and opportunity being spent. If you're over 50 and financially literate, shame on you. #ncpol

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Bob Drach@Bob_Drach · Jul 3

"... debt is almost always a detriment to one’s personal economic freedom, ..." #ncpol debt.org/blog/united-st….

Bob Drach@Bob_Drach · Jul 1

The national debt is projected to reach $50 trillion by 2034. The proposed "big beautiful bill" would increase it to $54 trillion. Compare this to $14 trillion when Alma Adams (D) and David Rouzer (R) were first elected. #ncpol crfb.org/blogs/cbo-scor…

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Bob Drach@Bob_Drach · Jun 27

During the tenure of U.S. Rep David Rouzer (NC-7) the national debt has more than doubled. #ncpol

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Bob Drach@Bob_Drach · Jun 20

U.S. Representatives Alma Adams (NC-12) and David Rouzer (NC-7) have done the most to impoverish you. #ncpol bobdrach.com/post/republica…

Bob_Drach's tweet card. David Rouzer (R) and Alma Adams (D) have done the most to impoversh North Carolinians

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Bob Drach@Bob_Drach · Jun 18

Looks to me like they AGREE on almost everything. Both parties keep 95% of the taxes and spending from prior administrations and then pile on their new hot button issues. The fight is so vicious because the stakes are so small.

DDivisive Content@DivisiveContent · Jun 18

It's weird how both Democrats and Republicans disagree on almost everything except increasing the debt.

Bob Drach@Bob_Drach · Jun 17

I'm reporting on the pending federal budget deal starting with this article from 2024. Substitute "Thune" for "Schumer" and "Trump" for "Biden." Add a few trillion to the debt projection. Done. See what I just did? #ncpol nbcnews.com/politics/congr… via @nbcnews

Bob_Drach's tweet card. The deal is an important step to averting a government shutdown, but the threat isn't extinguished yet. Congress still needs to allocate the money, write the bills and pass them.

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Bob Drach@Bob_Drach · Jun 13

The government imposes 7 x more debt on U.S. households than they choose for themselves. Government debt is a black hole of despair. bobdrach.com/post/would-you…

Bob_Drach's tweet card. Federal deficit spending is a black hole of despair.

Bob Drach@Bob_Drach · Jun 6

The government just imposed over $210 K in debt on you. Please make them stop! bobdrach.com/post/the-gover…

Bob_Drach's tweet card. North Carolinians know the stress of being stuck in debt, with certain types of household debt running above the national averages, according to the Urban Institute (https://urban.org/). Despite high...

Bob Drach@Bob_Drach · Jun 4

The major parties have abdicated fiscal policy. In this environment, if you are for fiscal sanity, you are a libertarian.

CCRFB.org@BudgetHawks · May 17

6️⃣ You can watch the full interview on our website at crfb.org/blogs/maya-mac….

Bob Drach Retweeted

LPMeck@LPMecklenburg · Jun 2

We're 33 days from filing opening for local Town and City councils and Mayoral races in NC. These are winnable races. Reach out to us if you would consider running for office as a Libertarian.

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Bob Drach@Bob_Drach · May 29

Your household's share of the federal debt exceeds $211,000. You will pay it back with interest until settled.

Bob Drach@Bob_Drach · May 25

In NC, Alma Adams (NC 12) and David Rouzer (NC 7) have been our representatives since 2014 and between them voted for half this debt increase. If you hate drowning in debt, vote these people out. #ncpol

RRand Paul@RandPaul · May 23

In case you needed a reminder, our national debt is currently at more than $36 trillion. That’s more than $323,000 per taxpayer, and Washington wants to add to that.

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Bob Drach@Bob_Drach · May 22

Government debt is future tax. Shocking facts on our national fiscal crisis here: fiscaldata.treasury.gov.

Bob Drach@Bob_Drach · May 22

3.5 million East Germans crossed into West Berlin seeking freedom. So their socialist government built a wall and cleared a "death zone" to seal their people in. What are the lessons here about freedom, socialism, government coercion, and border walls?

Bob_Drach's tweet image. 3.5 million East Germans crossed into West Berlin seeking freedom. So their socialist government built a wall and cleared a "death zone" to seal their people in. What are the lessons here about freedom, socialism, government coercion, and border walls?