27 Jun '18 13:33>1 edit
Trump built his pre-election platform partly on the national debt.
"It's 19 trillion right now, he said, and it will soon be 21 trillion if we don't do something about it''
Well, his tax cut has ensured the national debt will far exceed 21 trillion which is where it is at right now.
The projection of that debt may exceed ONE HUNDRED TRILLION in another 40 years or so.
This represents THE most serious threat to the US EVER.
This FOR SURE will not be featured on Faux News.
If you think I am BSing about this, look up the issue:
https://www.statista.com/statistics/216998/forecast-of-the-federal-debt-of-the-united-states/
Up more than 50% in just ten years.
And that doesn't even factor in Trumps incredibly stupid tariff wars, like right now Harley Davidson is moving to Europe for production based 100% on the tariff wars, just the first casualty of this insane policy.
That 33 trillion is based on the US going ahead with its 3% growth but that will come crashing down into another recession when the trade wars starts killing US jobs by the thousands.
That is only the first one.
Also the Supreme court now passed the travel ban and today will cut down the rights of unions in the US.
THAT will hit Trump's base, eh.
I think the national debt issue is the knife that will destroy the US as a world power, and we better start taking Mandarin courses.
I say that because China is the largest debt holder of the US and already just the INTEREST on the national debt is climbing up to be THE largest portion of the national budget, right up there with the military budget.
And of course who will feel this the most? Elderly, medicare stripped, Social security stripped, when they rob even more out of those kind of programs. They have already cut down money for food stamps.
That is a fact. I guess that won't bother the Trumpites here but in another 50 years there may not BE a USA anymore, but a protectorate of China.
Of course I will be safely dead by then but some of you will be alive and I hope you can figure out which country will take you when the US dissolves into chaos, even more than it is now.
As bad as it is now over the issue of thousands of babies abducted, kidnapped, whatever you want to call it, the national debt issue will strike the heart of the US.
"It's 19 trillion right now, he said, and it will soon be 21 trillion if we don't do something about it''
Well, his tax cut has ensured the national debt will far exceed 21 trillion which is where it is at right now.
The projection of that debt may exceed ONE HUNDRED TRILLION in another 40 years or so.
This represents THE most serious threat to the US EVER.
This FOR SURE will not be featured on Faux News.
If you think I am BSing about this, look up the issue:
https://www.statista.com/statistics/216998/forecast-of-the-federal-debt-of-the-united-states/
Up more than 50% in just ten years.
And that doesn't even factor in Trumps incredibly stupid tariff wars, like right now Harley Davidson is moving to Europe for production based 100% on the tariff wars, just the first casualty of this insane policy.
That 33 trillion is based on the US going ahead with its 3% growth but that will come crashing down into another recession when the trade wars starts killing US jobs by the thousands.
That is only the first one.
Also the Supreme court now passed the travel ban and today will cut down the rights of unions in the US.
THAT will hit Trump's base, eh.
I think the national debt issue is the knife that will destroy the US as a world power, and we better start taking Mandarin courses.
I say that because China is the largest debt holder of the US and already just the INTEREST on the national debt is climbing up to be THE largest portion of the national budget, right up there with the military budget.
And of course who will feel this the most? Elderly, medicare stripped, Social security stripped, when they rob even more out of those kind of programs. They have already cut down money for food stamps.
That is a fact. I guess that won't bother the Trumpites here but in another 50 years there may not BE a USA anymore, but a protectorate of China.
Of course I will be safely dead by then but some of you will be alive and I hope you can figure out which country will take you when the US dissolves into chaos, even more than it is now.
As bad as it is now over the issue of thousands of babies abducted, kidnapped, whatever you want to call it, the national debt issue will strike the heart of the US.