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Let's Stop Paying to Bankrupt America
American Thinker ^ | 05/28/2026 | Jim Cardoza

Posted on 05/28/2026 10:01:20 AM PDT by SeekAndFind

For decades, politicians in Washington have paid lip service to “fiscal responsibility” as they practice fiscal irresponsibility on a scale unprecedented in American history. The national debt of the United States has now climbed beyond $35 trillion, a number so large that it has ceased to register emotionally with most citizens. Yet numbers do not lose their consequences simply because they become difficult to imagine. A trillion dollars is a thousand billion dollars. Thirty-five trillion dollars represents obligations so enormous that future generations may spend much of their lives paying for promises made long before they were old enough to vote.

What is particularly remarkable is not merely the size of the debt, but the normalization of it. Politicians announce deficits in the hundreds of billions as casually as a family discusses grocery expenses. News reports treat another trillion added to the debt as routine political weather. Meanwhile, the same people who lecture ordinary Americans about budgeting, sustainability, and sacrifice routinely spend money the government does not possess.

No household can survive indefinitely by spending more than it earns. No business can remain solvent by perpetually borrowing to finance daily operations. Yet somehow, we are expected to believe that the federal government alone has discovered a magical exemption from economic reality. It has not.

The laws of economics do not disappear because politicians vote against them.

For years, America enjoyed advantages that concealed the danger. The U.S. dollar served as the world’s reserve currency. Foreign governments eagerly purchased Treasury bonds. Interest rates remained relatively low. These conditions allowed Washington to postpone consequences that would have arrived swiftly in less fortunate nations. But postponing consequences is not the same thing as eliminating them.

Already, interest payments on the national debt consume staggering amounts of federal revenue.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: debt; interestrates; spending

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The government is increasingly borrowing money merely to pay interest on money already borrowed.

That is not financial management. It is the fiscal equivalent of using one credit card to pay another. Families attempting such a strategy are usually described as headed toward bankruptcy.

1 posted on 05/28/2026 10:01:20 AM PDT by SeekAndFind
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To: SeekAndFind

Then of course, there’s always the fact that most of the $35,000,000,000,000 is a product of fraud.

And fraud vitiates everything.

Cc: Federal Reserve


2 posted on 05/28/2026 10:03:49 AM PDT by reasonisfaith (What are the personal implications if the Resurrection of Christ is a true event in history?)
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To: SeekAndFind

The biggest problem we face is the Boomer generation.

It’s the greediest generation in U.S. history.

And that includes BoomerCons. All they ever seem to care about is their bank accounts. If their accounts go up, who cares if everything else is burning down. They’re fiddling while Rome burns.

In places where you see large concentrations of BoomerCons are usually where you see the strongest strongholds of GOP Establishment entrenchment. The kinds of left wing republicans we can never seem to get rid of.

It’s the Boomers. Their greed is killing this country. Moreso Democrat Boomers than Republicans but it would be a lie to exclude any part of that horrifically greedy generation.

All of the GenZ conservatives I’ve come to know of have a very heightened hatred of the greed focused on the Boomers. The GenZ feel that their lives have been siphoned by the Boomers.

The GenZ are not entirely incorrect.


3 posted on 05/28/2026 10:07:59 AM PDT by ProgressingAmerica (The U.S. Constitution is not a suicide pact. Progressivism is a suicide pact.)
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To: ProgressingAmerica

The Boomers no longer own the majority of houses on my Florida street.


4 posted on 05/28/2026 10:18:04 AM PDT by Brian Griffin (Ask your Congressman to tax tariff refunds at 100% & > $300 to most insured vehicle owners 4 gas)
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To: ProgressingAmerica

Yep, it’s all my fault, and I will gladly take the blame for creating a business and working 60-80 hours a week for 40 plus years to get where I am now, retired and living very comfortably, but hey I am going to sell one of my paid for houses cuz I have too many already


5 posted on 05/28/2026 10:20:30 AM PDT by eyeamok
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To: SeekAndFind

“Thirty-five trillion dollars represents obligations so enormous that future generations may spend much of their lives paying for promises made long before they were old enough to vote.”

It is the older folks holding CDs and bonds that will get screwed.

The younger folks will inherit many of the devalued dollars.

Maybe millions of younger folks will get enough to buy a wheelbarrow.


6 posted on 05/28/2026 10:29:27 AM PDT by Brian Griffin (Ask your Congressman to tax tariff refunds at 100% & > $300 to most insured vehicle owners 4 gas)
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To: eyeamok

You,

Being the exception to the rule,

Does not change the rule.

I am not the first person on FR here to talk about the greed that exists among the Boomers. I probably am more brave than most though to extend it those of the BoomerCons.

And just so its said, the greed of the Boomers and the current national debt is simply the national manifestation of this cultural rot.


7 posted on 05/28/2026 10:35:37 AM PDT by ProgressingAmerica (The U.S. Constitution is not a suicide pact. Progressivism is a suicide pact.)
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To: eyeamok

“...take the blame for creating a business and working 60-80 hours a week for 40 plus years to get where I am now...”

And that’s the point. Even with this great weight on the government to pay the bills they created for crap that has nothing to do with prosperity, personal success is still within reach. Yeah, it’s hard work...but attainable.

Problem is that our government spends more than it has to give things away. Stop them, and you stop the debt in time. And don’t let them cross the streams.

I worked a job for 35 years where I was on call 24/7 and was called a lot. But I, also, am quite comfortable and do what I wish now. And my kids and grandkids will be getting a good stipend when I’m gone. And it is my choice to do it, not Uncle Sugar’s.

wy69


8 posted on 05/28/2026 10:43:34 AM PDT by whitney69
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To: whitney69

It has always been attainable and still is today. Most people by their very nature are comfortable being average, but never wanted to be that guy. I am different I suppose, I wanted more and never wanted to struggle again, so I worked my ass off and made it happen. My dauhter and grandkids are going to be pretty well off when we die. She is on the same road I was on and is doing very well for herself already.


9 posted on 05/28/2026 10:58:15 AM PDT by eyeamok
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To: ProgressingAmerica

Show us on the doll where Boomers hurt you. Retirees hanging on to wealth and property is their prerogative.


10 posted on 05/28/2026 11:05:49 AM PDT by Made In The USA (One and Two and Three and Four and)
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To: ProgressingAmerica
It’s the Boomers. Their greed is killing this country.

I'm Gen X, and I worked hard to amass a comfortable retirement. But I would like to hear you expand on what constitutes boomer "greed" in your mind.

11 posted on 05/28/2026 11:12:49 AM PDT by Sirius Lee ("Never argue with a fool, onlookers may not be able to tell the difference.)
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To: SeekAndFind

We should stop giving money to 177 countries, that’d be a good start.


12 posted on 05/28/2026 11:21:12 AM PDT by mrmeyer (You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
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To: Brian Griffin
The Boomers no longer own the majority of houses on my Florida street.

Who does?

13 posted on 05/28/2026 12:05:50 PM PDT by Lizavetta
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To: ProgressingAmerica

My stock portfolio has more than doubled these past five years.

Not sure what that has to do with our national debt.

Didn’t know that investing in America constituted greed.


14 posted on 05/28/2026 1:20:17 PM PDT by Jacquerie (ArticleVBlog.com)
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