Tag: debt

Should the U.S. be handing out money to other countries?

My short, but sweet, answer would be NO…, and here’s why.

As I’m writing this, our country’s national debt is approaching $34 TRILLION!

That’s $34,000,000,000,000.00!

That equates to every man, woman, and child in America being on the hook for over $100,000.00.

Every “taxpayer” would have to pay close to $260,000.00 tomorrow to erase our national debt.

Do the 20 million, or so, illegal immigrants we have now really want to become citizens and assume this debt with the rest of us? Something tells me this isn’t really a concern of theirs. Just sayin’.

Anyway…

We’re over $34 TRILLION in debt, but we’re still giving money away to other countries?!

Just to put this into some kind of perspective, this would be like you or I having like ten mortgages on our house, and like 20 charge cards maxed out at $25k each, and then taking out an eleventh mortgage just to hand out money to people in our neighborhood. To some that don’t even like us, and to some that actually hate us. But they are ALL laughing at us all the way to the bank.

Pretty disgusting, right?  

As disgusting as it is, I think we are at the point where we have to accept that our government is not going to stop spending money it really doesn’t have, but can we at least agree that spending this fictional “monopoly” money be limited to being spent on us?

I mean, it’s not like we have a lack of actual American citizens who could use a little help.

It’s not like all of our roads are free of potholes.

It’s not like all of our public schools are state of the art.

It’s not like we don’t have any homeless people.

It’s not like all of our veterans are being properly cared for.

It’s not like heath care and medications are affordable for everyone.

It’s not like most of us are just living paycheck to paycheck.

And the list could go on and on.

But yet, we are expected to subsidize foreign countries all over the world to make their lives better?   

This is why I’m proposing a law be passed that would prohibit our government from giving away any of OUR money to foreign countries as long as we are running a national debt.

This seems completely fair, doesn’t it?

This seems to make complete common sense, doesn’t it?

We started this practice of handing out money to the rest of the world when we were a rich country, with basically no debt.

Well, we are sadly not that rich country anymore.

We are being run by fools, who deal in fool’s gold, while the rest of us poor slobs are left holding the bag.

It’s way past time that we should hold all of these crooks in Washington accountable.

Way past time.

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GOP slammed by Nobel-Winning Economist, Paul Krugman.

How this guy has any credibility left, or a job for that matter, is beyond me.

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I used to think “Nobel-Winning” actually meant something until Barack Obama and this guy won one.

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“This guy” being “Economist” Paul Krugman…, and I use the term “economist” VERY loosely.

Krugman hasn’t been remotely close to being right about anything he’s said regarding the economy in like forever.

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That’s probably because he’s more interested in spreading desired liberal propaganda economic narratives rather than actually analyzing our real economy.

Lee Moran, of the ever disgusting HuffPost, reports that, “Nobel Prize-winning economist Paul Krugman blasted the GOP [The Grand Old Party, or Republicans] for ‘the most cynical policy reversal of modern times,’ and warned their bold duplicity may help President Donald Trump secure a second term in office.”

Oh…, I can’t wait…, this should be interesting!

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“Fake Newsers” are always more than happy to regurgitate other fake news propaganda…, no matter how hypocritical or idiotic it is.

“In his latest column for The New York Times [Guaranteeing the fakeness of it!], Krugman called out the ‘broader pattern of breathtaking fiscal hypocrisy, in which the G.O.P. went from insisting that federal debt posed an existential threat under Obama to complete indifference to budget deficits under Trump.’”

‘“This 180-degree turn is, as far as I can tell, the most cynical policy reversal of modern times,’ he argued.”

How dare anyone in politics change their mind, right Paul?!

“Krugman predicted ‘this cynicism may win Trump the election’ because ‘what’s driving the U.S. economy now is the very deficit spending Republicans pretended to be horrified by during the Obama years.’”

Ok…, wait…, this is too good!

What Mr. Krugman is saying is President Trump may win re-election because he and the republicans have changed their position on the federal deficit, and they have now chosen to ignore it like the democrats have been doing!

That’s beautiful.

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It’s not fair!  You can’t be irresponsible about the federal deficit…, that’s our job!

In all fairness to President Trump, he didn’t run particularly on reducing the federal deficit, and he never pretended to be overly concerned about it.

And those fiscally conservative republicans are still out there…, they’re just not putting up much of a fight right now.

Being responsible with the nation’s money is just not a winning argument these days.

So, like they say…, “when in Rome, do as the Romans do,” and “if you can’t beat ‘em, join ‘em.”

Being responsible sucks!

Chaaaaarge it!

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Americans are facing DEBT, DEBT, and more DEBT!

Did I mention that Americans are facing a lot of debt?

Thanks to incompetent politicians, on every level of government, and from both parties, the American people are facing a mountain of debt.

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Our current federal debt is around $22 billion, or about $63,000 for every man, woman and child.

That amount increases quite significantly if we only consider those of us who actually pay income taxes.

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State debt seems to be reserved for those “blue” states which lean to the left.

Here are the heavy hitters:

California – owes $158 billion or $3,980 per person.

New York – owes $144 billion or $7,385 per person.

New Jersey – owes $65.5 billion or $7,360 per person.

Illinois – owes $56.4 billion or $4,441 per person.

Then we go down to the city level of government, where Frank Miles for Fox News says, “America’s largest cities are drowning in debt, with Chicago leading the way, a study finds.”

“America’s 10 largest cities, largely [actually without exception] Democrat strongholds, are drowning in municipal debt, according to a new report from government watchdog Truth in Accounting.”

“The two cities with the highest burden: Chicago and New York City; Chicago’s combined taxpayer burden: $119,110; New York City’s combined taxpayer burden: $85,600.”

Chicago’s Taxpayer Burden per person: $119,110

New York City’s Taxpayer Burden per person: $85,600

Los Angeles’ Taxpayer Burden per person: $56,390

Philadelphia’s Taxpayer Burden per person: $50,120

San Jose’s Taxpayer Burden per person: $43,120

San Diego’s Taxpayer Burden per person: $35,410

The United States is the richest country in the world, and our government, by a huge margin, collects the most taxes from its citizens in the world.  So, what’s the problem?

“The problem is not that people are taxed too little, the problem is that government spends too much.” –  Ronald Reagan

Yes…, our government spends way too much.

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How can our government spend so much while so many of our people are homeless?

How can our government spend so much while so many of our schools are falling apart and many of our children go uneducated?

How can our government spend so much while much our infrastructure is crumbling around us?

The answer to these questions is we keep electing politicians whose priorities are irresponsible and politicians who are willing to keep kicking the “debt can” down the road.

Can you believe we owe all of this money, yet we still give money away to support other foreign countries?

We have to borrow money so we can give it away.

That should be illegal.

Our country should only be able to give money away if we have a surplus of money.

Duh…, just sayin’.

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NOTE:  If you’re not already “following” me and you liked my blog(s) today, please “click” on the comment icon just to the right of the date at the bottom of this article.  From there you can let me know you “like” my blog, leave a comment or click the “Follow” button which will keep you up to date on all of my latest posts.

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