National Debt

The National Debt.

The bribers are the main reason there is a deficit and a national debt. The rich 1% have not been paying their fair share of taxes, instead, they've been giving money in the form of political contributions (bribes) to politicians. They give huge amounts of money as bribes, but the amount is a fraction of what they should pay in taxes. It's estimated that of every dollar in “contributions” that the billionaires give out, they receive one hundred dollars back from their “gift.” The estimated ratio varies but it is widely known to be substantial.

If the bribers were to pay their fair share the deficit and national debt would be under control. The deficit is a red herring used by the bribers to make people think that your liberal government is wasting money. It is not the truth. When the Republicans are in control they run the deficit up, when they are out of control they complain about how high the deficit is. The deficit is the amount added to the debt on a short-term basis (annually) the national debt is the accumulation of deficits.

When Reagan came into office; 70% of us were in the middle class, now it's about 45%. People can't afford to live without living in debt. With low wages, people just can't even afford to buy houses. Millions of people have student debt that they'll never be able to pay back. The Republican Reaganomics has wiped out the middle class while giving money to the 1% rich. They tell you they want to take things back to the 1980s when life was better, which was before they stole everything from the middle class. Back to a time when the rich paid their fair share and the middle class could make a living. It's ironic that they've convinced people to go back to a time before they did this to you, while they are doing this to you, to keep the status quo.

The Corporate Media like to complain that people getting a little bit of money from the government during the COVID Pandemic increased the National Debt. They never talk about how the Federal Reserve shot Trillions of Dollars to Wall Street (the Bribers). They don't want to inform people about the Corporate Welfare that far exceeds the amount given to the average citizen. When the Stock Market was crashing in March 2020 the Federal Reserve poured Trillions of Dollars into the Bribers buying assets, buying stocks, buying bonds, and buying treasury bills so that they expand the balance sheet during the coronavirus crisis. Actually, it all started in March of 2009 when the Republican Recession was causing a financial crisis – remember the bailouts. The stock market crashed which is why the Federal Reserve went into action, they shut down the treasury and took extraordinary actions never taken in history. The rich people got tons of money and tons of support, way more than working-class people. None of the Mult-Trillions of Dollars that went to the Billionaires is being paid back to the government. But, oh my God, when people were unable to feed their kids and received a small amount of assistance the Corporate Media implied that the average person is a “freeloader.”

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Talking Points Information

It's nothing to be afraid of – it is just the U.S. National Debt Clock.

Trump and the Republicans added $7.8 trillion to the debt – without passing a single landmark piece of legislation to help the American people.