Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cowboy Bob
Wow,America is swimming in money!

Who would think it when the national debt is over $22 Trillion,unfunded liabilities will dry out within ten years and presently FedGov is broke and bringing in a trickle as states are dead broke.

I get it,POTUS Trump plays the best card available but I still don't have to like it.

10 posted on 08/08/2020 9:24:34 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: shanover

I’m guessing the total national debt is closer to $30 trillion.

Not including the many trillions in unfunded Social Security and Medicare liabilities going forward.

As long as interest rates are pretty much at zero it won’t kill us. But that can’t last forever. At some point the music will stop and the punch bowl will be taken away. Party over...


37 posted on 08/09/2020 10:22:28 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson