Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

There is officially no longer a party of fiscal responsibility
Glenn Beck.com ^ | October 3, 2018 | Glenn Beck

Posted on 10/03/2018 6:35:58 PM PDT by TBP

What I'm about to say is flat out disgusting. If you just ate your breakfast, you may want to observe caution over the next 5 minutes. Now before I tell you this, keep one thing in mind: Republicans control all three branches of government.

Here we go. It's October, which means the fiscal year has officially ended, so that means the debt numbers are in. Brace yourselves for impact. The federal debt has increased by over $1.2 trillion. Total federal debt is now over $21 trillion and rising. The $1.2 trillion increase is the sixth largest debt increase... in the entire history of the United States.

This debt increase, again under republican control, is larger even than many of the years under the Obama administration. It's nearly the same as during 2011 and 2012, and larger than 2013, 2014 and 2015. If every single worker in the United States, roughly just over $155 million, donated $130,000 dollars… it still wouldn't totally pay off the debt. But even if they did, at this rate, we'd be right back to where we started in under two years.

There are only two parties right now and neither stand for fiscal responsibility. How long are we going to continue to vote for people that clearly do not care about record amounts of debt? We're showing them that they can continue to behave in this manner without any consequence whatsoever. Democrats have successfully moved the window so far to the Left that the GOP - the FORMER party of fiscal accountability - seemingly sees no issue at all with an annual trillion plus dollar debt. It's now standard fare!

If it's this bad now, how much worse will it get next month if the "blue wave" occurs? Compound that even further if - God forbid - a Bernie Sanders or Kamala Harris becomes president. The agenda the New Left wants to get done will cost over $40 trillion! We're already at record spending levels.

Democrats have slid so far to the Left, they have no intention of reigning this in. Republicans, likewise, refuse to do anything about it. A debt bubble explosion is primed to explode. It's no longer a question of if, but when.


TOPICS: Government; Miscellaneous; Politics
KEYWORDS: fiscalresponsibility; spending
Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: ModelBreaker

Oh he is correct but next week Beck will change his mind.
He is in so much financial trouble right now that he is frankly irrelevant.
People tried to tell him NOT to invest in Blaze.com and this is where his train went off the rails.


21 posted on 10/03/2018 9:35:22 PM PDT by Zathras
[ Post Reply | Private Reply | To 9 | View Replies]

To: Secret Agent Man

And 16th and 17th Amendments.


22 posted on 10/04/2018 12:39:32 AM PDT by DownInFlames (Gals)
[ Post Reply | Private Reply | To 15 | View Replies]

To: TBP
Pinning the fiscal responsibility tail on the democrat donkey or republican pachyderm is a fools errand. War is upon us, we are winning and fighting our way back from the precipice of perpetual death.

When the enemy is routed there will be a sea change and hope for fiscal well being. Carping about money while the titanic is sinking is fatuous.

23 posted on 10/04/2018 1:00:43 AM PDT by x_plus_one ( I pray Gods eyes may once again gaze upon me and remind me that I am still His child.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: <1/1,000,000th%
Obama's FY2017 budget was DOA in Congress.

Besides, what matters is the spending & appropriations, pretty much controlled by the legislature.

24 posted on 10/04/2018 7:07:33 PM PDT by semimojo
[ Post Reply | Private Reply | To 20 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

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