For those who know me, they know that I am antisocial. I keep to myself and do not travel much for obvious reasons. But lately, I have been trying to engage people in conversations concerning the financial state of the country. This is an information gathering exercise to see how well they understand the US debt, inflation and taxation.
The results are very depressing. I have yet to find one person who knows the amount the national debt. Since the people I have been engaging are work related (mostly construction) or people in their workplace, my sample does not include the unemployed.
When I point out that their share of the debt as a taxpayer (not a looter) is currently $238,000 or that their total liability for each citizen is $493,000, their eyes glaze over. They literally have no concept of the state of our nation’s debt. To them, it does not concern them or their children’s future. They have no idea that this “debt” has enslaved them.
I believe that this is common knowledge to our “leaders”. Which is why they continue to print and spend in order to achieve their goal of one world order where we will own nothing.
Here are some points for the US budget for fiscal year 2022:
- President Biden’s budget for FY 2022 totals $6.011 trillion, eclipsing all other previous budgets.
- Mandatory expenditures, such as Social Security, Medicare, and the Supplemental Nutrition Assistance Program, account for about 65% of the budget.
- Budget expenditures exceed federal revenues by $1.873 trillion for FY 2022.
- Most of these revenues come from taxes and earnings from quantitative easing.
The above points should be chilling to any sapient American. Consider that the deficit of $1.873 trillion is more than the entire 1980 US budget adjusted for inflation of $1.749 trillion.
Unfortunately for what is left of the country, the true amount is much worse. The Biden (third Obama administration) is spending $1 trillion per month. That means the actual expenditures exceed federal revenues by $7.873 trillion. To simplify this, it means that the government is spending $2.90 for every dollar that it receives from its revenue sources.
I have two theories for why we are not in the streets of Washington, D.C. with pitchforks:
- People know the Republic is dead or
- People do not want to accept the facts and are in denial
I pray that our period of bondage will be short but I think that is wishful thinking.
David DeGerolamo
I think we have a long couple of years ahead of us. The Deagel numbers don’t lie and if we lose enough people, supply chain will die off too and we will be back to bartering.
.
https://ncrenegade.com/vax-die-off-for-next-three-years-clif-high/
Frankly, this is what I’ve been expecting and training for ever since the 09 inauguration. That’s when the communists moved in. I wake up to an adrenaline rush every morning thinking this is the day. But do not be fearful, just be ready to take this country back with extreme measures.
“Oh fiddle-dee-dee, I’ll think about that tomorrow” Scarlett O’Hara
And, don’t forget, that was circa 1865. Quite frankly, I would have rather lived then than now.
I’m getting along in years now, but I’ve seen this coming for a very long, long time. And, like the writer above, I tried to warn people that eventually there would be hell to pay for our government’s profligate spending. But no one I talked to seemed to care. No one seemed to listen. The good times were rolling and most folks believed they would never end. But if any of them are still alive, I would bet they’re believers now.
But let us all resolve to never give up. Trust God, do the very best you can every day, and don’t let the evil one, or his wicked followers, get you down.
Like you, I have also seen this coming for many years and I’ve got some years on me now. I think this started before the assassination of JFK and has blown up since.
I’ve read where our unfunded liabilities are much greater than this.(pensions and such) I don’t see how we can keep going before the money is worthless. Will somebody please take the credit card away from the government. Also term limits now.
Too late.
no, don’t take the credit card away, take the sitting government away, and hang all of them. and take this lesson away…. we put them there and now we must pay for our foolishness.
Recall that we first projected the US Debt Clock on the stage screen for discussion during a Town Hall meeting over a decade ago.
Zero intellectual engagement then and since. Perhaps the underlying reason is an overwhelming sense of despair … “but what can I do?”
The answer lies in an unappealing proposition which was voiced not long after that Town Hall: “We are fewer than a thousand rounds from Rightful Liberty”.
I remember that town hall very well as it cost me $1500. You did the usdebtclock presentation. Obamacare passed despite everything we did across the country. May all of these Communist traitors rot in hell.
When things get worse, worse than anyone has imagined, and the pain really sets in, that’s when we find out the 2nd amendment is number one. We don’t have long. Hope everyone stocked up. God have mercy.
They reason the People do nothing is they are afraid to do what they know has to be done. I talked to enough people to know they know.They all agree that all this is a load of poo, they all agree something needs to be done and most say what needs to be done. But you cannot get them to get together to form a bartering group or just talk about the state of things in the area. The reason is they are afraid of doing their duty.
Just something I came across studying after an argument with an apostate preacher. God told me to post it.
Revelation 20:4 -- 4 And I saw thrones, and they sat upon them, and judgment was given unto them: and I saw the souls of them that were beheaded for the witness of Jesus, and for the word of God, and which had not worshipped the beast, neither his image, neither had received his mark upon their foreheads, or in their hands; and they lived and reigned with Christ a thousand years.
Heck since we are on the Pink Floyd thing.
“ha ha charade you are”
Not you Tom just another song Quote.
lol, you had me going for a second.
I could go on all day with quotes like this.
Get ready for bank bail ins! NJ bank bail ins became official January 22, 2022
https://youtu.be/N0AjfLTZn0k
Once upon a time we learned Economics, Shop, Home Economics, savings, banking, etc. Who can we look to?-- the Department of Education. Homeschool, homeschool, homeschool! When the dust settles after the fall, we can help to rebuild a better nation and world. Get rid of your phones! Go old school. These phones are nothing more than an addiction like meth, heroin. Everyone I tell this to will then respond with “I wish I could do that, good for you.” Same response will come from those addicted to (fill in the blank). Start by leaving it in a drawer for the day. Take it out only when you do your banking, paying your bills. Remember those days? Sitting down at a desk, using a pen to write out that check and address that envelope once a month? Who are you helping to fund our slavery?
I think this is a disgusting display government. You are correct, this may or may not affect me nearly as much as it will affect my offspring. I have my pitchfork!
Middle class is to busy trying to keep the 399k house, new cars, boat and cheerleader camp fees for daughter. lower middles class is trying to hold on to 8 year old car. Poverty level is to busy spending welfare to care. Carrot on a stick mentality for most americans… will not do anything until the music stops and find they have no chair.
Very good article and the subject is so important for everyone. I am well aware of the points that you made. I would add that Professor Mark Skidmore has identified 21 trillion dollars that is unaccounted for from the federal leviathan. Carthine Austin Fitts has discussed the missing 21 trillion dollars in various interviews. So that adds another approximate $65,000 per person to the number reported above in the article. It so clear that the federal leviathan is a criminal gangster organization with both the communist democrats and the globalist republicans filling their pockets. Keep in mind that the members of congress that have been there the longest have benefited the most from the missing trillions. Remember their names as they are all criminals, traitors, moochers, pull peddlers and parasites. Who is John Galt? TEXIT!
Our criminal government has been raiding the social security trust fund for decades, they control the health care system with their subsidy’s and food production as well. The CIA and their crime partners the drug cartels have been at war with America a very long time. Jeffrey Epstein’s black mail club was used to gather dirt and criminal activities on the elite and politicians to keep them in line. They knew it would eventually come to a stop, you can only print so much fiat money. So they had been planning what is now global holocaust, to rid the world of their real problem us. Nothing is going to stop them, we cannot vote our way out of this, just saying no or bugging out to that safe space will not save you. They are putting up enough low altitude satellites to cover every square inch of earth. What should be our response to their death warrant on every man, woman and child?
USS Milwaukee Seizes $22 Million in Suspected Cocaine – Soldier of Fortune Magazine Here is how they fund operations, wonder what the street value is when they hand it over to their drug pusher CIA partner.
Seems to me that the only “drugs” that are busted or collected are those that are not part of an approved CIA partner, Like the Sinola Cartel.
Now that the CIA FBI and the State Dept are 100% on the same page I’m sure Hundreds of tons of varying drugs are flown into the US regularly, not to mention our partners in crime from Mexico.
Since the late 1800’s the width of the sewer pipe we’ve been circling has been getting wider and wider, the ferals have been getting increasingly farther and farther out of control and states have given upon their “sovereignty”{ for the promises of cash from the ferals, needed to keep the states from drowning in their own failed policies and mismanagement.
We have a viable useful Constitution with which to guide us, we simply refuse to elect to our leadership those with enough integrity to follow it, it’s really not that hard. If I can do it, anyone can.
The ferals (and states) were elected fo follow certain approved procedures outlined in our Constitution, not to “fix” everything everyone had a bitch about. Borrowing money from an adversary so you can support other countries through foreign aid makes perfect sense if you subscribe to the “woke math where any answer is correct. Robbing from social security to pay for the general budget makes as much sense, Printing money (cause you can) and basing the value of your money on promises instead of tangible assets, like precious metals and tangible production materials makes as much sense as paying for a haircut when you are entirely bald.
We have not reached bottom yet, which is why nothing has been done about any of it. Hard times are coming, when I do not know. For an insight into what is on our horizon, engage in reading of history, the Russian era 1900-1970’s and communist takeover of China from 1940’s onward. That is what you have to look forward to.Much of what we are presently experiencing. We still have time to pull our collective heads out of our asses and save the Republic, but the clock is ticking. But that’s just my view.