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Jim Schout's avatar

The consumer is 65% of the U.S. GDP according to the article. I checked and B to B accounts for 15% and government is the other 20%. I think this should worry us. The bigger the government grows the more it encroaches on consumer and business spending.

What is actually happening is government spending is exploding due to the combination of inflation and the national debt. The debt is over 125% of GDP and the interest rate has boomed to close to 5% thanks to inflation and the resulting action of the Federal Reserve. Thus, the interest on the debt is very close to a Trillion dollars per year! Under Trump it was $300 Billion, so it has basically tripled due to Bidenomics. Isn’t that the real story?

Our Democrat leaders during the first two years voted to spend enormous amounts on the New Green Deal and forced the Fed to borrow Trillions we did not have in tax receipts. That is what caused the explosion in inflation and sped up the bankruptcy process for America. We should thank them! They created the problem by design and now they have taken the giant step to bring America to it’s knees! That was their goal over a century ago.

It won’t work. We cannot be brought to our knees because they made one huge miscalculation. We the People are in charge and we do not need Democrats to help us any longer. In fact, we never needed them. They sold us on the idea that they were needed and picked our pockets for over 100 years to sneak socialism into our society. But America is waking up. If the government declares bankruptcy, America just keeps on working!

If what we are being told by Dr. Jan Halper-Hayes is correct, President Trump declared our bankruptcy in 2018 for God’s sake. We have been kaput for six damned years and business is still going strong.

All that needs to happen is for the rest of America to figure out that we do not need the government that we have been sold. All we need is the government that was designed for us by the Constitution in 1789. For instance, where was student debt relief called for in the founding documents? Do you see how corrupted our design has gotten? Where is the New Green Deal? For that matter where was the original New Deal? We have been sold a piece of goods that is not helping us in reality. It was all socialism in disguise. We can do without it.

So, let’s put Trump back in charge and let’s fix this mess the Left has created. We can do it!

Joe Kronner's avatar

What a great set of Takes today y'all hit multiple homeruns!

It starts with GBPH pointing out how the DS Rat Bastard EU leaders will have to arrest Bibi because they all agreed to the asinine Globalist court... boomerang :-)

My wife & I have 2 retail stores in a small lake community, you can't fool us about how shitty Bidenomics is. Business is down 25% this year. OUCH... hurry back Trump!!!

Bitcoin is a key part of the solution.

GBPH I love your history lessons. I loved history when I was younger and now you are bringing true history back. Thanks!!!

Oregon moving to Idaho is GLORIOUS. We have a daughter and son-in-law in Portland... what a Commie shithole the DS Rat Bastards have turned that once beautiful thriving city into.

Finally, the Kim story is great to help restore faith in humanity. Once the strings are cut amazing things are available and quickly!

Keep sending the heat.

God Wins!

God Bless!!!

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