Millionaire Bernie Sanders Begs for $27 Donations to Fight Oligarchy and Get a...
Leftist Limbo: The Democrat Party’s 21% Approval Rating Has Some Wondering How Much...
Trump Announces Kash Patel's Deputy FBI Director and THIS Will DEFINITELY Ruin the...
Actress Natasha Lyonne Says the (Very Disturbing) Quiet Part Out Loud
Megyn Kelly Sheds Happy ‘White Women Tears’ Over MSNBC Jettisoning Joy Reid and...
Adam Kinzinger: Musk’s ‘Chainsaw for Bureaucracy’ Backlash Will Cut GOP in Pro-Dem Campaig...
Drastic Action: Trump White House Moving Faster than ‘News’ and Being Transparent While...
Drowning Dems: Hakeem Jeffries Sticks to Losing Script Against Trump as Party Sinks...
Spongebob Crypants: Trump and Musk Hilariously Troll Leftists Whining About Progress Repor...
Lefty Gets WRECKED for (Probably Fake) Story About Trump-Supporting Neighbor Getting Fired...
Carol Roth Gives an Example of Why 'Taking Action Now' on the Debt...
WATCH: Whistleblower Spills ALL THE TEA About Approving Social Security Disability Benefit...
Delete Your Account: Jonah Goldberg's Tweets DISGUSTING Analogy for Trump's Russia-Ukraine...
Just Stopping By to Say Hello: Israeli Jets Do a Fly By of...
Their FACES! LOL! Kamala Delivers Her Most Embarrassing and Useless Speech YET at...

This Is Fine: John Stossel Shares MAJOR Wake Up Call on How Much of America's $35 Trillion Debt YOU'D Pay

Sarah D.

Spend, spend, spend.

Tax the rich.

Spend, spend, spend.

That's the pattern -- for years. Democrat and Republican have a spending problem, and it's going to come back and bite us on the butt. Hard.

Advertisement

We owe $100,000 as of today.

That'll keep going up.

It means this writer owes almost two years of her salary to the national debt. So far.

Stossel writes:

America is now almost $35 trillion in debt. That means every American owes $100,000.

The Biden administration doesn’t care. They want to spend more.

Already they are spending so much that they’re increasing our debt by a trillion dollars every 100 days.

President Donald Trump was no better. His administration increased our debt by almost $8 trillion.

This will not end well.

Last year, we hit a new ugly milestone: Americans must pay $1 trillion per year just for interest on our debt.

That’s more than we spend on defense — on infrastructure, education, poverty programs … everything, but Social Security and Medicare.

If we didn’t waste these trillion dollars on interest, we could give $3,000 tax cuts to every man, woman and child to use as they please.

Worse, America’s spending growth is unsustainable. You can stretch a rubber band farther and farther, but eventually, it will break.

Advertisement

And when it breaks, gird your loins.

And that right there is the problem.

They waste a lot of money on stupid stuff, and then claim they have to make drastic cuts to Social Security and Medicare rather than the wasteful projects.

That's the plan.

True.

It's so, so bad.

It is.

And it's gonna be painful to pay it.

Advertisement

Exactly all of this.

But if we just tax the rich more, it'll solve our problems.

Bingo.

Because they don't think this'll impact them.

Also, there comes a point when the amount of spending just becomes so massive our brains can't process it. $35 trillion in debt is unfathomable, so we don't understand how big it is.

Breaking it down to say every American -- man, woman, and child -- owes $100,000 makes it slightly more tangible.

Either way, it's bad. And when the fit hits the shan, as it were, it's going to get very ugly.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement