Posted on 01/05/2024 2:45:07 PM PST by davikkm
In a concerning financial development, the total federal debt in the United States has surpassed a staggering $34 trillion. This milestone is accompanied by a troubling surge in debt accumulation over recent periods, including $1 trillion in the past 3 months, $2 trillion in the past 6 months, $4 trillion in the past 2 years, and a staggering $11 trillion in the past 4 years.
(Excerpt) Read more at citizenwatchreport.com ...
Short term T-Bill rates are slightly sliding....
I joined the Tea Party when it was about $10 trillion thru the first 43 presidents. I can’t support Trump and his $7 trillion + increase in his four years. Time to end the cycle of dysfunction. DeSantis 2024.
The spending binge makes it look like they are attempting to loot the Treasury before the inevitable collapse. Weimar Germany on deck.
Ramaswamy would be even better. He’s already put out a list of all the things he would close down his first day in office. DeSantis being a deep state puppet will do nothing. With him it will just be business as usual.
(before the inevitable collapse)
That will surely happen IMHO.
This is the same group of people huddled at the Wayne Falkland Hotel in Atlas Shrugged.
Ron DeSantis has never worked outside government in his life. Electing that kind of dope to fix this problem is like hiring Ted Kennedy as the head of Alcoholics Anonymous.
Or, as your Uber driver!
Good ol’ Ross. That giant sucking sound is the reasoni voted for him. I was right. Them jobs ain’t coming back
The DS will p0wn RdS way worse than they did/will Trump.
RdS will not be turning the Debt around. Ditch alone won’t let him do it.
Divide $34 trillion by the working population of the U.S. (about 162 million people) and you get an average debt of about $210,000 per person. For a married couple, that means carrying a $420,000 debt -- the equivalent of paying a mortgage but having no home to go with it.
If anyone is still wondering why the U.S. is allowing the entire Third World to come pouring across our borders, it's because we need to find tens of millions of people who are desperate or dumb enough to think this is a good deal.
Thank-you...
No ones going to correct this, they will not be able to it doesn’t matter who is President, this mess is in part why the US will fail and fall, the gears are turning and cannot be stopped.
I can tell you how this works out. See tag line.
That’s a good joke.
Everything will be fine, we won’t run out of money. I promise they will print more...
You forgot about the $120 Trillion in Unfunded Liabilities
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