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In less than a year, this country has lost its first place on the world stage for many items including fuel production, lost its edge in the manufacture of products to China. China has also passed the United States with military hardware, especially the new missiles that they have been testing recently.
Have we become a nation of beggars, hoping that someone else will feed and clothe us?
Now the Biden administration has put out word that it is thinking about rewarding with money, families that illegally entered the United States and were separated at the border.
According to information that I viewed this week, the Department of Justice is considering payments of $450,000 for each person affected by the Trump Administration “Zero Tolerance” policy in 2018 for asylum seekers illegally crossing the border.
The proposal will limit payouts at one million dollars per family. This idea will cost us taxpayers a billion dollars.
If you are looking for some shocking information, I would suggest that you go to you computer and look up the “debt clock” as I did Monday morning. It was just a couple of years ago that I was shocked that the clock showed the federal debt approaching Twenty Trillion, but now it’s close to the Thirty Trillion mark and growing. The interest on the nation debt has surpassed some $3.5 Trillion.
As of Monday the nation debt per person was $86,915 for the 332,900,904 people in the United States. Not only are you obligated to support the national debt, but, our personal debt is now at $21 Trillion dollars. Plus the states have a total debt of some $1.2 Trillion and the local debt totals just over $2 Trillion. That local debt is what our local units of government have borrowed.
Now President Biden and his fellow Democrats have a spending plan that they are trying to push through Congress with a price tag of somewhere around three Trillion. Biden tells us that it will cost us nothing. Now, if you believe that, I have a bridge for sale.
I would like to quote a couple lines from two former presidents about money matters.
“As we peer into society’s future we –you and I, and our government – must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss of their political and spiritual heritage. We want democracy to survive for all generations to envy, not to become the insolvent phantom of tomorrow.” – Dwight D. Eisenhower
“Balancing the budget is a little like protecting your virtue: You just have to learn to say no.”– Ronald Reagan.
Thanks for reading! ~Carlton