Friday, May 26, 2023

The Debt Deal

The United States is hemorrhaging away prosperity and destroying the middle class. The Republicans, who need a trauma team to save the nation. are attempting to apply a BAND-Aid, but Biden pushes even that away. The uncontrolled spending the Federal government is doing is unsustainable. A country can't survive with a debt service obligation higher than the amount of taxes and tariffs that nation can generate. That is where the US is heading. Holding the line on the debt ceiling is the only way to save America. 

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