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6/27/2019

NATIONAL DEBT NOT MENTIONED ONCE

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We heard in the “debates” many different answers as to what was the greatest threat the United States faces.  “Climate change,” or weather seemed to be the most common.  That is also the most politically correct answer because these candidates are pandering to a base that believes “Climate change” or weather is the best excuse to force the United States to redistribute wealth to countries. This same base would argue these countries have been victims of the evil imperialist empire, the United States.  These are concepts that have come from the writings of Karl Marx and taught in the indoctrination systems, schools from preschool through universities, in the United States.
 
On Sept. 22, 2011, former Chairman of the Joint Chiefs of Staff Michael Mullen warned: “I believe the single, biggest threat to our national security is debt.”
 
Director of National Intelligence Dan Coats told lawmakers that the growing national debt is the biggest internal threat to US national security.
 
The Brooking Institute said in 2012, “we are headed for a level of debt that within a decade could require us to spend the first trillion dollars of every year’s federal budget servicing that debt. Much less money will be left for other things. That is a prescription for a vicious cycle of underfinancing for our infrastructure, national education efforts, science research and all the other functions of government that are crucial to long-term economic growth. Robust defense spending will be unsustainable too. Once we get in this rut, getting out will be very hard.”
 
From CNBC, “The debt has increased 123 percent over the past decade as the nation sought to break free of the financial crisis and the tepid growth that followed.
 
Total debt is now nearly 105 percent of gross domestic product, just shy of its highest level since World War II. The most recent Congressional Budget Office projections have the trajectory leading to a debt-to-GDP ratio of 150 percent by 2047, well past the point where financial crises typically occur.”
 
From USA Today Opinion, “Senator: Rising debt is greatest national security threat. Here's how to fix it. Great nations fall over time when they allow fiscal and economic issues to spiral past the tipping point of a crisis. We're already knee-deep.  The single greatest threat to our national security is our national debt. Last month, the debt topped $20 trillion. (It now is over $22 trillion and well on its way to $23 trillion) This should have sounded alarms throughout Washington. However, it went largely unnoticed and today it’s still business as usual.

All we heard during these "debates" were plans that would increase the national debt at an even quicker pace.  No, the crisis of our national debt was not mentioned one time.

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  • Home
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