Very few people are talking about it, and even fewer are bothering to object, but by borrowing and spending so much money our politicians are essentially feeding America’s financial future into a wood chipper. It took from the founding of our country all the way to 1981 before the U.S. national debt reached one trillion dollars. Incredibly, we just added more than a trillion dollars to our national debt in less than a month. On April 5th, we were 23.9 trillion dollars in debt, and by May 4th we were 25 trillion dollars in debt. Fear of the coronavirus has caused nearly all of our politicians to suddenly become socialists, and we are being told that trillions more in spending may be coming. This is complete and utter lunacy, and we are leaving future generations of Americans with a mountain of debt that would absolutely crush them. But of course our society may not even last too much longer at the rate we are going. For years I have been loudly warning that our absurd national debt is an existential threat to America’s future, but at this point both major political parties have completely abandoned any sense of fiscal responsibility. Now our national debt is rapidly speeding toward the 26 trillion dollar mark, and the House of Representatives just passed a bill that would borrow and spend an additional 3 trillion dollars that we do not currently have… (Read More...)
National Debt
It’s Over: The Democrats And The Republicans Are Both Conspiring To Bankrupt America And Destroy Our Future
Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats. As you will see below, a “compromise” budget deal was just reached which will dramatically increase federal spending and will suspend the federal debt limit until after the next election. In other words, both sides are conspiring to make our debt problem much, much worse over the next year and a half, and this should be causing howls of outrage all across America. But instead most Americans seem content to go along with the free spending ways of our political leaders, and only a handful of voices are sounding the alarm as we steamroll toward financial oblivion. (Read More...)
The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars
The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet. Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year. But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic. According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars. (Read More...)
Sorry AOC, A Stunning New Poll Has Found That Public Support For Capitalism Is Growing In America
The meteoric rise of Alexandria Ocasio-Cortez and other young progressive politicians has led many to believe that the American public must be warming up to socialism. But what if that isn’t true at all? Certainly there is a certain segment of the population that absolutely embraces the message that AOC, Bernie Sanders, Elizabeth Warren and other socialists are preaching, but could it be possible that the American people as a whole are actually moving in the opposite direction? According to a shocking Fox News poll that just came out, the percentage of Americans that want the government to leave them alone is going up, and the percentage of Americans that want the government to lend them a hand is going down… (Read More...)
One Of The Main Reasons Congress Is Getting So Little Done Is Because They Will Have 218 Days Off In 2017
Would you like to have a job that gave you 218 days off a year? According to the official calendar put out by House Majority Leader Kevin McCarthy, the House of Representatives will only be in session for 147 days in 2017. And that is actually an increase from last year. In 2016, there were only 131 legislative days for the House. So if you are wondering why Congress never seems to get anything done, this is one of the biggest reasons. The sad truth is that members of Congress simply do not spend a lot of time doing what they were elected to do. (Read More...)
Rush Limbaugh And Ann Coulter Are Right – America Is On The Verge Of Widespread Chaos And Civil Unrest
Things will never be the same in America from this moment forward. When 66-year-old James Hodgkinson attempted to gun down as many Republican members of Congress as possible at a baseball field in Virginia, he permanently shattered the notion that we could go back to the way that things used to be in this country. At one time, Republicans and Democrats may have strongly disagreed with one another over the issues, but there was always a certain code of civility that everyone understood and respected. But now that is long gone, and if our politicians and the big media outlets continue to fuel the rising hatred in this country, it won’t be too long before we are dealing with widespread chaos and civil unrest from coast to coast. (Read More...)
Has Kathy Griffin Produced A Defining Moment That Will Cause America To Reject The Hate-Filled Ideology Of The Radical Left?
The image of Kathy Griffin holding up a bloody mock ‘decapitated’ head of Donald Trump will be burned into our memories forever, and she may have just produced the single most destructive moment for the radical left that this country has seen in decades. It is perfectly fine to disagree with President Trump and his policies, but to hold up his ‘decapitated head’ like an ISIS executioner would goes far beyond anything that would ever be acceptable in a civilized society. This is a moment that absolutely screams “too far”, and I believe that it will be this moment that causes many Americans to finally realize that the hate-filled ideology of the radical left is entirely bankrupt. (Read More...)