I expect WWIII to distract from the debt. The can has been kicked down the road too many times. Now the road is full of potholes and the can is so rusty and full of holes that it will not survive past one more kick.
We’ll just inflate our currency to pay the bills. We’re getting away with it somewhat because the dollar is the world’s reserve currency.
That is exactly why the Grand Old Party must control the House of Representatives!
It took the USA a very long time from 1776 until OCTOBER 23, 1981 to arrive at a national debt of ONE TRILLION DOLLARS.
Now we IRRESPONSIBLY add that amount of additional new debt every three months. Friggin’ amazing.
Just remember it was the uniparty that raised the debt ceiling. Nice though that both McConnell and McCarthy are gone.
The economy is great! Prices are up, you can make millions selling your dumpy 3/2 tract house in Tempe! Yay! Print more greenies!
We are borrowing and spending as if there were literally no tomorrow. Most leaders in Washington don’t know this yet, but there is a very good chance there will be no “tomorrow” as we understand it now. AI is about to turn everything in our lives and world upside down. For better, and for much worse.
As the treasury has to roll a huge portion of the debt this year, service on the debt will rise significantly. The spiral we are in will just get shorter and shorter.
Not only is this not sustainable, it is becoming unrecoverable.
In 2025 the Trump tax cuts are going to expire and the impact on the middle class is going to be horrific.
Obviously Trump’s fault for telling republicans to keep spending at insane levels. Or something. Biden is powerless to stop spending.
I just don’t see how we get out from under this ballooning debt.
When you see in context, what the heck is $61 billion? Pocket change.
There...fixed.
(The U.S. began adding $1 trillion worth of debt about every three months beginning last June)
This is why:
1) ObamaScare was designed to kill off Senior Citizens
2) COVID-19(84) was designed to kill off Senior Citizens
3) Statist Nikki Haley wants to mess with Social Security for Senior Citizens
They haven’t killed as many as they hoped to.
Yet.....
(I expect WWIII to distract from the debt)
World War III is coming.
They keep talking it up to sell it to the public.
They’ll need a huge distraction.
Maybe about September / October? /shiny side out
r’s and d’s hate America. They just want all to be debt slaves and running that gerbil wheel. Keep at it slave! Just vote r or d! lol.
cloward piven, overwhelm the system into collapse,
build back better, NWO, great reset, cashless society