This Socialist Republic

Economics
#1

Quote:
Our national debt is $32,604,452,931,788.00.
We have added $12.25 TRILLION Value of debt in just the last six years.
To put it in perspective, our combined additional debt in six years is larger than the 2022 GDP of all countries in the world except the United States and China. Our national debt is almost twice the size of the GDP of all the countries in the European Union combined.
The U.S. economy is a goliath. Our economic output alone constitutes about a quarter of the global economy. Our problem is the failure of our political leadership to rein in spending.
We have been taking in record amounts of federal revenue every single year. We are just spending at historic levels… every single year.
You can’t read the news without finding another government giveaway, another entitlement program added by this administration to the burgeoning debt load we already have.

Read it all here:

https://michaelramirez.substack.com/p/michael-ramirez-essay-the-fiscal

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#2

All the spending is no surprise (although mind- boggling) with the Democrats and Rinos in charge of it. The unfathomable part is why, if they want to get rich leeching off of the people, are they destroying the economy at the same time?
I know we’ve debated this question before, but no answer ever seems to make sense.
The one that makes more sense than others is that they’re sold out to our enemies, mainly the CCP, who intend to weaken us to the point of collapse, then take over without much resistance from us.

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#3

I am as mystified as you are, Liz, for the same reason.

And I have the same suspicion.

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