If public debt was a problem we’d see rising rates on government bonds. That’s not happening — mainly because an empire like the U.S. can force almost any country in the world to buy our bonds.
There’s going to be a tomorrow? I can’t think that far ahead.
this DNC/Xi/FauXi/PeloXi/WHO/Gates-manufactured
pandemic is an Atrocity created by them, funded by them,
moved along by them, introduced into the USA by them,
moved by helicopters, planes, buses and cars by them,
and THERE IS NO ACCOUNTABILITY.
Very few have any interest in this at all.
The new generations don’t even care for themselves instead of saving and realizing the value of early time dollars they ponder a diminished lifestyle of semi-early retirement. Making hay while the sun is shining is not very important to what looks like a lot of them.
As for the rest of us, it is either too late to do anything or we are too few.
“Spreading the money around like the Russians are in Jersey”
Popeye Doyle
The sickening part of this is that we are “borrowing” money from people who don’t even exist yet. Our children. And grandchildren. And their children.
There will be major economic consequences from this growing mountain of debt. But consider that the national debt is but a small percentage of the total U.S. unfunded liabilities of $153 TRILLION!
That liability — per citizen — now stands at $464,000.
The weight of these obligations is eventually going to crush us.
Globalism, offshoring, unbridled legal immigration, illegal immigration and the death of unions have suppressed wages to the point were wage inflation is not really possible. That’s the “good” part. The bad part is that stagnant wages , reduced expectations, hatred of capitalism and no general prosperity and debt have been the driving engine of the socialist take over we are seeing now.
Free ! Free! Free just means let the kids pay for it
Where’s the commercial or video showing a toddler happily playing suddenly being demanded to pay its thousands of dollars share of the national debt ? When the toddler breaks into screaming” HOW COULD THEY DO THIS TO ME ???” in tears
Maybe they already know there is no tomorrow. Amateur astronomers will eventually confirm it long before the government ever admits it.
“Americans should regularly consult the real-time debt clock and ponder the future.”
Why should we? Nobody is going to do anything about it until it reaches some crisis to which there are no good solutions.
So why should I worry myself about it until that happens? Life’s too short.
If the commies succeed, there will be no tomorrows for Millions of Americans, and Billions of people worldwide.