Notable Quote - Has the Financial Doomday I’ve Warned about for Years Finally Here? - Granite Grok

Notable Quote – Has the Financial Doomday I’ve Warned about for Years Finally Here?

Burning-Money

…Most fiscal conservatives are not surprised that the left-wing imbeciles in the White House and the Capitol Building are running up massive quantities of debt and burdening the American taxpayer excessively with the government’s bills.

I mean, hell, more than $2.5 trillion was spent on just four acts of Congress by October of 2020. And let’s not forget the Biden administration’s fool’s gold, the bipartisan infrastructure bill of 2021, which, apparently, none of the 17 Republican senators who voted for its passage bothered to read.

If these sell-outs had bothered to read the contents of the bill, they would find a smorgasbord of pork, like the “Reconnecting Communities Pilot Program,” which was allocated $500 million literally to demolish perfectly good infrastructure and completely redesign the layout of entire communities to make access to them more “equitable.” (This is the whole “racist roads” hogwash.)

They would also find that the bill contained an allotment of $7.5 billion for the construction of a network of half a million electric vehicle chargers nationwide, even though, by the Transportation Department’s own admission, electric vehicles accounted for only 2.3% of car sales in 2020, or one-third of China’s E.V. car sales (because the moron in the Oval Office thinks everything is better in China, just ask Hunter).

But no, 17 members of the Senate who were supposed to be fiscally responsible decided to obsequiously bow down to Caesar Biden’s demands.

But then, are they actually fiscally responsible? In the past few years, Republicans have become nearly as fiscally reckless as Democrats. Donald Trump, in just four years, added $8 trillion to the national debt. Barack Obama, who added more to the debt than all of his predecessors combined, added only $9 trillion in eight! And Jeff Van Drew, who made headlines when he switched political parties from Democrat to Republican shortly after he was elected to Congress, and who also happens to be the representative of the district in which I live in New Jersey, voted in favor of the bill in the House — and this man claims to be a fiscal conservative…

-Adam Vicari (America Is Approaching Financial Doomsday)

Heck, I started worrying about the national debt when it was only $6 Trillion – boy, was I naive!  When I was elected to our hamlet’s Budget Committee, I harped on it all the time – PLEASE don’t take that grant/free money – first is the “strings attached” bit that put our small village on the financial hook forever for the ‘free stuff’ that we agreed to do with that money. The second was then that “soaring debt”. Little did I know that our Federally elected Nincompoops have NEVER intended on NOT “Cloward-Piven”-ing us all financially.  Well, not everyone – more likely, our kids and grandkids.

At the time, the national debt was around $.  In 2020, Now, in 2022, that has soared to $91,400/person: man, woman, and child.  It is to the point that it is unpayable – the country is bankrupt.

Statista - US National Debt per capita

(image H/T: Statista)

We spend, every day, “over $900 million on interest“, alone. That adds up to $328,500,000,000 / year.  That’s half of our national defense budget.

No, I do not ascribe to the idea that we are a rich COUNTRY on the basis that we as INDIVIDUALS own far more than that (hundreds of Trillions?  Can’t really find a reliable estimate – this is about the closest I can get).

 

(H/T: American Thinker via Instapundit)

 

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