Tag: National Debt

Charge It

The National debt clock moves so fast that it is impossible to write down the balance accurately at any given time. It rolls along at about $45.00 per second and is now at $22,028,706,063,174.96 (that’s trillion dollars). As much as this...

Here We Go Again: Another Continuing Resolution

If you seriously think that the government will shut down for any extended period of time and the result would be a balanced budget or a more reasonable approach to our spending situation, then I want to tell you that Santa Claus is not coming down...

Will We Ever Get Our National Debt Under Control?

Probably not and the chances of ever paying it off or even paying it down are slim to none. As of September 20th of this year, we owe $21,499,171,612,329. Yes, that’s $21.5 trillion dollars! At some point during the calendar year 1984, we...

The State of Our Financial Disunion?

Did you happen to notice that the word, budget or cost was totally left out of the 2018 State of the Union message for the coming year? Our Congress lives on debt. Everything the government does represents more and more debt. We have generated close...

Tax and Spend Insanity?

I had to laugh when I watched the current “tax reform” bill pass the House of Representatives for the second time. Only in our beloved Congress could we pass a tax bill somewhere in the amount of $1.5 trillion dollars in deficit spending...

Sadly, My Predictions are Coming True

I have written dozens of articles over the past few years on the amount of debt we, as Americans, are accumulating in Washington called the “National Debt.” And I am sure that many of my readers laughed and said “why worry about it, we will never...

Is Economic Disaster Around the Corner?

It will not come from a war with North Korea or with Iran. It will come from within. The United States is deep in debt. It is bankrupt. We have done nothing and continue to do nothing to correct our $20 trillion dollar debt and annual out of budget...

These Are Exciting Times

I lost track on whether we are working on the second or third 100 days for President Donald Trump. Things are moving at warp speed. Do you remember the wall on the Mexican border? I am not sure what happened with that issue. There was talk of a...

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