Data Point – Federal Debt FY2006-2021

by Skip

At what point is “enough Debt is enough”?  Probably not until interest rates go from 1% to 10% in an afternoon when the Fed stops buying Treasury notes – and no one else is either. At that point, not only will America’s financial status be junk, our enemies will know that everything else is as well.

Related: NH House Republican Alliance Applauds Conservative Budget

 

Fed Debt 2006 - 2021

 

Both parties are responsible for it – and the American people who just want more and more as long as “someone else” is paying for them.

But suddenly, but not unexpected as I’ve been saying this for years, no one is left. What will happen to a nation of dependents when only themselves are responsible for…themselves?

(H/T: CNSNews)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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