Our national debt is now over $33,000,000,000,000,000. Folks, that is 33 trillion dollars! To pay the interest on that debt, the taxpayer shells out $687,000,000,000 per year! Think that is mind boggling, the government is borrowing over $1.2,000,000,000,000,000 more, per year, than it is taking in (taxes, fees, etc.). The Democrats have reversed their mantra of "tax and spend" to "spend first and try to tax our way out of the sewer." It has not and will not work. There can never be a balanced budget and there cannot ever be a reduction in the national debt, when we are borrowing over a trillion dollars more per year, every year. Servicing the debt is fast approaching the monetary requirement for the entire U.S. defense budget.
Our balance of trade with China is a minus $600,000,000,000,000 per year and nobody gives a rusty rat's ass! We are paying the Chinese to run amok over us in every category!
We can kick the financial can down the road to let our kids and grandkids work out how to solve this suicidal "lemmings-over-the-cliff" stupidity. But, when the axe falls, the U.S. will be just another pathetic, groveling Russia-- rusting, rotting and unable to be any kind of world power; begging shitholes like N. Korea and Iran to bail us out.
Biden is the most inept and most incompetent doofus to ever grace the White House. His "Bidenomics" is an utter failure. He has not an iota of economic sense. We are getting ourselves into some really deep shit, allowing this empty-headed court jester to stay in office.
ChuckL