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To: Kaiser8408a
--- "US government debt is now bigger than the US economy. This was unseen until 2012 when debt surpassed GDP for the first time."

This is THE frame around which all other political and geopolitical events are taking place.

Democrats and RINOs alike are proving incapable of any wisdom at all. In parallel, a whole lot of national politicians are quietly slipping out the back door, Romney-like. They are all readying their "I wasn't there when...." speeches.

Debt Clock

Federal Budget Deficit Grew to $2 Trillion in FY 2023 Tax Foundation, 12 October 2023

U.S. Credit Rating Changed From ‘Stable’ To ‘Negative’ As National Debt Balloons Daily Wire, 11 November 2023

"Half of all American workers now make under $41,000 per year.

"That comes to $3,400 per month.

"Given the median rent is $1,978 and used car payment is $528, that leaves precisely $894 for everything else -- food, utilities, medical insurance and premiums, clothes, car repairs, sick kids, and that once a year dinner out at McDonald's."

Peter StOnge


3 posted on 12/31/2023 8:27:31 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Worldtraveler once upon a time

“Democrats and RINOs alike are proving incapable of any wisdom at all.”

*************

We often refer to RINOs as though they are but a portion of the Republican Party but the party’s long and sordid record of weakness and appeasement indicates that most of the party are RINOs. Just saying.


4 posted on 12/31/2023 8:33:51 AM PST by Starboard
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To: Worldtraveler once upon a time
” Half of all American workers now make under $41,000 per year.”

What does that work out to after fed, state, and maybe local taxes? Minus SS and Medicare, Family leave?

21 posted on 12/31/2023 10:02:16 AM PST by Sirius Lee (Next week on The Bickersons...)
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To: Worldtraveler once upon a time

“Democrats and RINOs alike are proving incapable of any wisdom at all.”

You’re implying that they didn’t mean for this to happen.

They’ve been playing How to Bankrupt America for Fun and Profit my whole life. Seems like we’re almost at Game Over.


25 posted on 12/31/2023 10:18:01 AM PST by unlearner (I, Robot: I think I finally understand why Dr. Lanning created me... ;-)
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