True Pundit

Politics

Debt Insanity: Does Anyone In Washington Even Care That We Are 20 Trillion Dollars In Debt?

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There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter.

But what nobody is really talking about is that this deal actually increases spending at a time when our debt has been absolutely exploding. We added more than a trillion dollars a year to the U.S. national debt during Obama’s eight years in the White House, and our debt binge actually accelerated toward the end of his second term. In fact, the national debt increased by more than 1.4 trillion dollarsduring fiscal 2016

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  • Dennis

    Debt is an illusion a mind F#@k it does not exist and never did. It is created out of thin air 1 and 0’s on a computer screen! Where would the Feral Reserve get 20 trillion to loan to the government? Wake the F#@k up, you’ve been played for a fool!