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The US government borrows $6B (six thousand million dollars) PER DAY just to function. Every day. 7 days per week. 365 days per year. With no end in sight.
How much do you borrow per day to function?
This is THE elephant in the room. The problem that almost no one talks about and no one even tries to solve.
You will read this post and scroll on. Continuing to ignore the elephant.
The problem is ignoring it only makes it worse. If we don’t solve it proactively it will solve itself. Ponzi schemes have a way of doing that. In 10 to 15 years massive Social Security, Medicaid and Military Budget cuts will be necessary.
The money will simply not be there to fund social ponzi schemes at their current level. Taxes will be raised. More inflation. More loss of purchasing power. Less global power to influence our interests as a nation. A lower quality of life.
This doesn’t have to happen. Only $500B per year in cuts could solve the problem. Musk tried. DOGE tried. This is why Musk had a falling out with President Trump.
LOOK AT THE ELEPHANT! 👀The US brings in $5T and spends $7T per year. It is $38T in debt. It borrows $2T ($6B per day) per year and spends $1T of it on INTEREST payments.
In 1997 Newt Gingrich’s contract with America - a balanced budget amendment failed to pass the senate by ONE VOTE. Several Democrats STILL serving in congress voted against it. They voted against it because they wanted unlimited funds to fuel their fraud, money laundering, greed and power. Which is exactly what they got - at our expense.
Here we are 30 years later and we are just now realizing just how pervasive their fraud is. There was no need for deficit spending. The deficit was all used for FRAUD. All of it.
We were had by a government Ponzi scheme and we are left with an elephant in the room the size of Minnesota slowly crushing us to death.
Oh and the problem gets WORSE every day not better. The US borrows more today than it did yesterday.
Rand Paul is one of the few that occasionally glances up at the elephant. He points at it like a child. What is that? Is anyone else seeing this? It’s kinda scary.
No one listens to him. They are too occupied with power and profit - with becoming millionaires and maintaining power into their 90’s. Too busy sucking the nation dry like vampires.
Rand Paul@RandPaul
Washington shouldn’t run the welfare state on autopilot while the national debt soars past $38T. That’s why I introduced the End Welfare for Non-Citizens Act to stop taxpayer dollars from being spent on refugees, asylees & illegal immigrants. Let’s protect American workers & restore fiscal responsibility. justthenews.com/nation/states/…
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