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You pay $20,000 annually in taxes. Your share of the national debt is 2,300% higher.



Photo above - Biden just gave away $1 billion to "save the rainforest". Your share was only $3 bucks. But your share of the national debt is $323,000, and counting.

If you’re into doom-scrolling, you should visit the US National Debt clock regularly. (Link at bottom).

The "average taxpayer” pays $14,600 a year in personal income taxes to DC. And when you add in state income taxes, real estate tax, sales tax and all the other government nuisance fees, it’s another $5,000. You’d think $20,000 a year per person would be enough.

But the federal debt is $323,000 per taxpayer. Which we are told isn’t a problem. However, our personal debt (credit cards, auto loans, mortgages, etc) are $25,000 a person. Financial pundits scream that $25.000 IS a problem: everybody please stop using your credit cards, stop ordering stuff from Amazon, and stop going to Starbucks!

But the national debt – per person – is more than 10 TIMES as high as what your personal debt is. "No problemo".

Of course, pretending we shouldn't worry about $36 trillion (going up by $1 million a minute) is complete BS. This should be THE question all candidates for office have to answer, and all nominees for cabinet posts. If someone can’t get question #1 right, maybe the interview is over. "Sorry, we've decided to go in a different direction, with a better skill set. Thank you for applying."

In case you’re still not convinced, please note that the INTEREST alone on the national debt is $20,000 a year per adult. Even if the government froze all OTHER spending, those interest payments would cause the debt to keep soaring.

Of course, there is absolutely NO plan to freeze spending. American dodged a shutdown in December with some shady hocus pocus, which the White House instantly signed. But there's a new “out of money” shutdown looming. It's January 14th.

There will be a new congress sworn in by that date. Most of whom will be the same politicians who've have been telling us for years that the national debt is not a problem. Because they understand us completely – we don't like to think about money. With our 5th grade average school skills, we can't even balance our own checkbooks, and we live paycheck to paycheck.

On January 14th I’m sure another "emergency fix" will be sent to Biden to sign. He will still be president, because Trump doesn’t get inaugurated until a week after January 14th. But Trump probably would sign it too. At no point in HIS campaign did Trump tell us that the National Debt is a problem.

Why did we even bother voting? Both of these senile geezers are the same when you scratch the surface.

I’m just sayin’ . . .

U.S. National Debt Clock : Real Time
wildbill83 · 41-45, M
what they neglected to mention is that $1 billion "investment" only covers four years; apparently it costs $250,000,000 a year to bribe farmers to not cut down a few trees...
SusanInFlorida · 31-35, F
@wildbill83 upvoted. i was not aware of this. so evidently a billion dollars doesn't "protect" anything. it's a 4 year long bribe of some sort?
wildbill83 · 41-45, M
The irony is, that billion dollars was probably made from rainforest pulpwood...
SusanInFlorida · 31-35, F
@wildbill83 treasury secretary Janet Yellen briefly endorsed the idea of minting a 'trillion dollar" bitcoin, to dodge the laws limiting americas national debt. she reversed course when she was told this was a stupid idea. She is currently 78 years old, and still secretary of the treasury.
Fairydust · F
National debt is made up BS.

They print money against nothing, the banking system was created to keep people like you and me in debt.

Taxes enslave us, we keep paying it but if everyone said no they’re lose their power over us.

But we just keep doing what they say because we can’t stand up to the corruption.
SusanInFlorida · 31-35, F
@Fairydust borrowing keeps people (and governments) in debt. if we don't borrow, there's no debt
Fairydust · F
@SusanInFlorida the whole system is against us. We are just consumers in a fake world.

Imagine having to buy land and water when it’s all free anyway. Who decided we have to pay for it. It’s all BS 👀
Fairydust · F
@SusanInFlorida [media=https://instagram.com/C90-BqxtOei]
ChipmunkErnie · 70-79, M
So, in other words it's time to revamp the tax system to what it was like under Eisenhower when the rich paid their share and things got done? YES!
whowasthatmaskedman · 70-79, M
All this is bad and I have been saying it for years. But the worst part is that the number is STILL CLIMBING.. And faster than ever. No one is even trying..😷
Jokersswild · 22-25
Sounds like Pork barrel politics. Saving the rainforest is not a bad cause but why do we need $1 billion? Who is this money going to?
SusanInFlorida · 31-35, F
@Jokersswild the government of Ecuador. The 2nd largest supplier of cocaine, worldwide.
Wol62 · 51-55, M
Oh no! Sounds terrible...anyway...

 
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