THE U.S. NATIONAL DEBT JUST HIT THE 23 TRILLION DOLLAR MARK AS WE CONTINUE TO STEAMROLL TOWARD FINANCIAL OBLIVION | WHAT REALLY HAPPENED

THE U.S. NATIONAL DEBT JUST HIT THE 23 TRILLION DOLLAR MARK AS WE CONTINUE TO STEAMROLL TOWARD FINANCIAL OBLIVION

SOURCE: MICHAEL SNYDER @ THE ECONOMIC COLLAPSE
This week, the U.S. national debt reached the 23 trillion dollar mark for the first time ever. There was no fanfare, there were no politicians giving speeches about fiscal responsibility, and there has been very little national outrage. We have simply come to accept that it is “normal” for our national debt to grow at an exponential rate, but the truth is that we are literally committing national suicide. Given enough time, there is no doubt that this colossal mountain of debt will kill our Republic, and yet fiscal responsibility is not even a major national issue any longer. Everyone seems to be okay with the fact that we are stealing more than 100 million dollars every single hour of every single day from future generations of Americans and destroying the bright future that they were supposed to have. What we are doing to our children and our grandchildren is beyond criminal, and yet very few of us seem to care.

At this point things are so bad that even Fed Chair Jerome Powell is warning Congress that the national debt is a major problem…

Federal Reserve Chairman Jerome Powell warned lawmakers Wednesday that the ballooning federal debt could hamper Congress’ ability to support the economy in a downturn, urging them to put the budget “on a sustainable path.”

Webmaster's Commentary: 

Unfortunately, puting the nation's budget "on a sustainable path", may only happen when pigs discover that they are aerodynamic.

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