We did it Joe!
It took a tremendous push down the stretch, but the U.S. national debt was able to hit the 34 trillion dollar mark before the end of 2023. At this moment I am just so overwhelmed that I don’t know who to thank first. Over the past few years, Joe Biden, Kamala Harris, Chucky Schumer, Nancy Pelosi, Kevin McCarthy and so many other hard working spenders have been instrumental in helping us reach this remarkable achievement.
And we never would have gotten here without the relentless help of CNN, MSNBC, Fox News, the New York Times, the Washington Post and all of the other mainstream news outlets that kept assuring the American people that it was okay to steal trillions of dollars from our children and our grandchildren.
Of course I am being quite facetious. The truth is that what we are doing to future generations of Americans is beyond criminal. We are literally committing national suicide, but each election cycle most of the same big spending politicians just keep winning over and over again.
Those on the other side would argue that it has been absolutely necessary to borrow and spend so much money.
If we had not propped up the U.S. economy with giant mountains of borrowed money, it would have collapsed long ago.
In addition, spending so much money allows us to project military and economic power all over the planet. If we only spent what we brought in, America’s standing in the world would be greatly reduced.
Having the primary reserve currency of the world is an enormous source of power, but now that power is fading.
Nations all over the globe are starting to move away from using the U.S. dollar in international trade, and they are becoming a lot more hesitant to buy our debt.
You can only borrow and spend so much before the entire Ponzi scheme collapses, and at this moment we are more than 34 trillion dollars in debt…
US national debt has reached a record high – hitting $34 trillion for the first time in history.
Data published by the Treasury Department Tuesday showed that outstanding federal borrowing soared to $34.001 trillion on December 29, just weeks ahead of Congress deadlines for new federal funding plans.
The staggering figure, which is a major point of contention between Republicans and Democrats, is equal to $101,233 in federal debt for every person in America, according to the Peter G. Peterson Foundation.
So if there are four people living in your household, your share of the national debt is more than $400,000.
Not only will soon-to-come generations inherit irreversible debt, but they will also have to live in trashed cities, suburbs, and dead small towns crawling with immigrant zombies, polluted air and waterways, and landfills up to their wazoo. Even if someone could Make America Great Again that too would be borrowed and short-lived. Greed has proven to be our most formidable enemy to date. We had better hope there is a blessed and beautiful afterlife because life here is soon to be a miserable camping trip.
Thanks to Democrats America is BANKRUPT !!!!!! 32 + Trillion to PROVE IT !!!!! $$$$$$$$$$$$$$
Reached the Bankrupt STAGE !!!!
36 Trillion Now !!!!! $$$$$$$$$$$$$$$$$$$$$$$$ for our Grand kids to Pay !!!!! Nice