Tag Archives: National Debt

America’s Debts Are Crushing Her

debtslavery

There are two great debts the American people have, yet there is only one debt the nation talks about. These twin debts are the national debt, which is the money borrowed from the nation against itself compiled with money borrowed from other nations and our debt in trade, or our trade deficit which is money given to other nations for imported products and services that will, at some point, come back to buy out the United States.

The System of Government Our Founding Fathers Envisioned No Longer Exists

Founding Fathers

Politicians were never supposed to have the kind of stranglehold on their offices they hold today. The American public is passively condoning this ineffective system by not demanding better. We need to be able to recall leaders who do not live up to their campaign promises. A lot of damage can be done in a two year term in the House of Representatives, and even more with four years in the White House or six years in the Senate.

We Are Losing the Economic War With China

china

There was a time when we protected our nation and had an economic plan. Because of this plan we became one of the strongest nations on the earth. Much has changed and if we do not work for our best interest we will lose what little is left of our economic strength. Our downfall has not been mere chance it has been a result of an economic war China has waged on the U.S.

Our Debts and Deficits Will Be Our Downfall

debts

There are two great debts the American people have, yet there is only one the nation talks about. These twin debts are the national debt–money borrowed from the nation against itself compiled with money borrowed from other nations–and the trade deficit: money given to other nations for imported products and services that will, at some point, come back to buy out the United States.

The National Debt Continues to Grow

National Debt

When President Obama took office on January 20th, 2009, the total federal debt was over $10 trillion. As of July 2014, it has rise to over $17 trillion. That means that so far during President Obama’s term, our debt has increased more than $7 trillion, far more than any previous president. This is seriously bad news for American citizens since this means higher taxes and more debt.

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