Mac Slavo
SHTFplan.com
The national debt should be a huge concern for every single American, as the government is essentially stealing from people not yet born to pay for things now. As debt increases, so does volatility and interest rates; and at some point, the government will have to admit they cannot pay that money back.
“Reaching this unfortunate milestone so rapidly is the latest sign that our fiscal situation is not only unsustainable but accelerating,” said Michael A. Peterson, chief executive officer of the Peter G. Peterson Foundation, a nonpartisan organization working to address the country’s long-term fiscal challenges. According to Yahoo, the problem is that our taxes are too low, not the government’s frivolous spending.
According to Yahoo, a big national debt can also make it harder for the government to increase spending to combat the next recession or devote more money to retraining workers and helping the poor, among other programs. It seems that the media is more concerned about making sure money is funneled through incompetent bureaucrats than anything else. If government programs designed to help the poor with stolen funds (taxes) were effective, there wouldn’t be a skyrocketing homeless epidemic infecting socialist cities in California.
Read more
SHTFplan.com
The national debt should be a huge concern for every single American, as the government is essentially stealing from people not yet born to pay for things now. As debt increases, so does volatility and interest rates; and at some point, the government will have to admit they cannot pay that money back.
“Reaching this unfortunate milestone so rapidly is the latest sign that our fiscal situation is not only unsustainable but accelerating,” said Michael A. Peterson, chief executive officer of the Peter G. Peterson Foundation, a nonpartisan organization working to address the country’s long-term fiscal challenges. According to Yahoo, the problem is that our taxes are too low, not the government’s frivolous spending.
According to Yahoo, a big national debt can also make it harder for the government to increase spending to combat the next recession or devote more money to retraining workers and helping the poor, among other programs. It seems that the media is more concerned about making sure money is funneled through incompetent bureaucrats than anything else. If government programs designed to help the poor with stolen funds (taxes) were effective, there wouldn’t be a skyrocketing homeless epidemic infecting socialist cities in California.
Read more
No comments:
Post a Comment