Obama presidency to end with $20 trillion national debt – Washington Times
I remember back in 2010 hearing from the experts that we will see 20 trillion by 2020, now I don’t know if they were trying to be funny, or not idk, but I remember thinking, not at the spending rate we are going at right now. Well what do I know, I’m not an expert.
This is going to sound like a cliche, and it is, “Obama has spent & ran up more cc debt than all the other President’s combined.” The Liberal Pundits like to talk about Reagan and his spending, with out mentioning it was authorized by a very heavy Democratically controlled Congress that gave him the money. To Ronald Reagan’s credit, he always used the money to make things better for this country, i.e. gave us our money back simultaneously building our very weak deplorable military defense back up, and restoring our economy. This extraordinary militarily build up is why we still exist today, and why we are the super power that we are today.
Although not a good idea to run up the cc, but WE THE PEOPLE got something for our money, so to speak. George W Bush was able to give us a roaring economy simultaneously winning the war on terrorism. Not to mention undoing the damage Clinton created upon our Veterans, health/pay.
But let’s stay in the 21st century, shall we? Ronald Reagan & George W. gave us a return on our spending/cc debt. So now the question is, how have we benefited from Obama’s loading 10 trillion dollars onto the credit card? First hand I can tell you the Veterans are not getting what illegal aliens are getting in this country from the Government, that is shameful. Recently, I’ve been phoning the V.A. about some of their “programs that help vets.” and I ‘m hearing #noFunding. Of course then there is ca$h for clunkers, or how about Obamacare, minimum wage increase. How did these programs, just to name a few, benefit us? I lost 2 jobs because of the later.
Ten trillion dollars, where is it all going? My God! Why do we still have poverty in this country? Obama & his band of brotherhood, the Dumicrat’s say they champion these issues, like poverty. In the last few weeks I’ve seen people out on the street looking for food, money to pay their utility bills. There are hundreds, if not thousands of Veteran’s homeless today, and I’m living in one of the better areas of the country, in terms of the economy, and we have a vet homeless problem. Tidewater Virginia, is Vet city, with 480’000 Veterans residing here. I don’t understand. Again ten trillion dollars of the American’s money, this isn’t the Governments money.
If the Govt had given just, say 2 million dollars to each American, total cost, roughly 700 million dollars, not even a blip on the radar, when you think of ten trillion dollars, do you think that would have solved the economic problems in this country, with that solution alone?
The Government says that’s absurd, the American people cannot be trusted. Well the Government now has us 20 trillion dollars in the hole, spending 1 million dollars a minute, with nothing to show for it, except an out of control stock market, I would say the Government cant’ be trusted.
President Obama doesn’t want you to know that his legacy will read; Barrack Obama, or what ever his name is > Debt King. The sole creator of 10 Trillion dollars of debt, coupled with not dealing with the debt when he became President.
As I had pointed out earlier, there was no need for Obama to run up the cc 10 trillion dollars. If the Government had a budget amendment, by law, forcing them to live well below their means, Obama wouldn’t have had to charge one dime to that card.
Lastly, my neighbors said to me on Halloween night that they wanted Ben Carson for President, they didn’t give me a reason, except because they like him. That’s fine, but they don’t like Trump, and they said, “don’t forget he went bankrupt a few times. Now I’m older than them bot by at least 10 yrs, and they know I’m politically savvy, so to say something like that to me, well to be nice, is naive to say the least. The truth is, Trump never went bankrupt personally because he insulated himself from any trouble. If anyone knows anything about business, there is no guarantee you will succeed, and that is not a crime. The founders knew that, that’s why they inserted a tool to be able to start all over again. Bankruptcy is insurance, available to all the American people.
When Trump says he used it as a strategy, what he was saying there is that if the business fails, he will pull the bankruptcy card, and that tool along with some other tools furnished by the founders kept him safe from any legal or financial harm. The problem is most of the American people don’t know about these tools, Donald Trump was morally correct for trying to do what most people and that is to protect yourself and you r family from being harmed.
The reason I bring this all up, is that who ever becomes President, that person is going to be faced with 20 trillion dollars in debt through at least 2017. We are not going to be able to pay that off. We are going to need an expert negotiator, and someone who knows how to use the bankruptcy card, metaphorically speaking. WE THE PEOPLE are going to have to take our nice hat off, and put on the hard nosed not so nice hat, and vote in the best qualified candidate for President. In my most humblest opinion, that is the Trumpster. My advice to you, do your homework here, don’t listen to the pundits on either side. http://www.usdebtclock.org/