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Posted on 05/03/2026 9:35:28 AM PDT by CondoleezzaProtege
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety…
A new national survey released Thursday by the Peter G. Peterson Foundation found that 92% of registered voters are concerned that the national debt is fueling inflation and driving up their personal cost of living, including prices for groceries, energy, housing, and transportation.
The figure includes 94% of Democrats, 92% of independents, and 89% of Republicans — a degree of bipartisan alignment rarely seen in today’s fractured political environment…
The concern extends beyond deficits in the abstract. Eighty-eight percent of voters said they are worried the debt is contributing to higher borrowing costs — including credit card interest rates, car loans, and mortgage rates — up from 86% the prior month…
That frustration is translating into electoral calculus. Ninety-four percent of respondents said they are more likely to support a candidate who has a concrete plan to address the debt — including 96% of Republicans, 94% of independents, and 93% of Democrats…
Ninety-seven percent of voters said candidates should clearly explain their plan to prevent an automatic 23% annual cut to Social Security benefits — cuts that would be triggered in 2032 if Congress fails to act…
More than seven in 10 voters said they want to hear more from candidates on the debt and its impact on their cost of living than they have heard in the past month…
(Excerpt) Read more at fortune.com ...
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The debt itself is not the issue. Debt is inherently part and parcel of a fiat debt-based fractional reserve currency. When the FED currency is replaced by Treasury dollars, debt goes away.
Look forward to June having trump as a signatory to the new notes
Well, we have to growe the economy, instead of giving it away to everyone else, as we havew been doing since the end of WWII (that’s eleven according to the brilliant Ilhan Omar).
Where is all that debt money? It’s in the productive hands of private businesses and investments, such as real estate, and circulating among private citizens as wages and benefits. Would you rather have it be stockpiled in Fort Knox or the Treasury than generating wealth in the private sector?
Its a ponzi fraud. Irs “taxes” pay interest to fed stockholders. The debts you speak of are derivatives of the primary debt, the fed creation of debt based dollars at interest. See Grace report.
A new national survey released Thursday by the Peter G. Peterson Foundation found that 92% of registered voters are concerned that the national debt is fueling inflation and driving up their personal cost of living, including prices for groceries, energy, housing, and transportation.
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Now, ask those same voters what should be cut or the amount of new taxation that needs to occur.
They’ll give out a few things that’ll add up to pocket change, compared to what must be done to bring receipts & outlays into balance.
Democrat Debt Disaster.
Reinhart, Carmen, and Kenneth Rogoff. 2010. “Growth in a Time of Debt”. American Economic Review 100 (2): 573-78.
https://rogoff.scholars.harvard.edu/publications/growth-time-debt
“We study economic growth and inflation at different levels of government and external debt. Our analysis is based on new data on forty-four countries spanning about two hundred years. The dataset incorporates over 3,700 annual observations covering a wide range of political systems, institutions, exchange rate arrangements, and historic circumstances.”
“Our main result is that whereas the link between growth and debt seems relatively weak at “normal” debt levels, median growth rates for countries with public debt over roughly 90 percent of GDP are about one percent lower than otherwise; average (mean) growth rates are several percent lower. Surprisingly, the relationship between public debt and growth is remarkably
similar across emerging markets and advanced economies.”
I say BS. I highly doubt that 92% of registered voters can define the national debt, know the difference between the national debt and deficit, or understand the relationship between the national debt, deficit, and inflation. This is most likely a push poll where a leading question provides the answer.
Its a “call to action”??? LOL. That’s a joke. Who is it calling to action? The Democrats, who want even more spending? Who truly don’t understand that you can’t pay for their spending program and eliminate the deficit by “taxing the rich”? Or the Republicans? Who talk a good game at election time but who have absolutely no intention of taking a morally courageous position on cutting spending because they fear getting wiped out at the polls? Would they get wiped out at the polls if they made deep cuts in spending? Well, that would depend on whether cuts in spending actually hurt voters? Would cutting spending hurt voters? Take a look at Argentina as a case study for that - it does but not nearly as much as the scaremongers claim.
The smart ones beard the call to action long before this.
Trump has a plan and it’s working. Everyone else since Jimmy, their only plan was raising the treasury.
Is it a serious issue? Yes.
Will anything be done about it? No.
And the band played on…..
Politicians say, “More taxes will solve everything!”
Based on 2023–2025 budget data, federal spending on social programs and “transfer payments” (which include welfare, Medicare, and Social Security) is very high, with some analyses placing the total around 60–65% of the federal budget. However, this figure is often misunderstood, as it mostly covers broad entitlement programs for seniors and the middle class, not just cash assistance for the poor.
The US government spends about $18,000/US resident/year.
2/3rds of it are fraudulent. The Fed can eat it.
Drop interest rate.
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