The Pain of Public Debt

 The Pain of Public Debt - americanthinker.com

Excerpt from this article:

"How is it possible for the public to feel the pain of wasteful government spending if we can pass all the costs on to future generations?"

-------------------------------

Recommended reading:

America's Debt Bomb Set to Explode Thanks to Massive New Spending as Democrats, Republicans Eye More 'Multi-Trillion' Dollar Stimulus Packages - naturalnews.com

Yellen Warn US Could Default Soon After December 15 - thehill.com

The Horrifying Inflation We've Been Warning You About is Here- theeconomicollapseblog.com

-----------------------

Those on the inside pulled their money out of the stock market prior to the stock market crash in 1929.Will it be the same way in 2021? Or will the economy hold out until 2022?

Misc. Notes and Quotes:

"As of January 2021, the U.S. national debt has surpassed $27 trillion. In 2000, the national debt was only $5 trillion In 2010 it was $13.5 trillion."

---------------------------------

Constitutional scholar Mark Levin says:

"You should view these politicians with the deepest contempt you can possibly imagine. What they are doing to this country, what they are doing to our finances - there is not a criminal in any federal prison, state prison, city or county jail with respect to financial crimes of any sort who collectively could have done the kind of damage that Barack Obama and Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans have done to this country! To your future, to your children and your grandchildren. What they are doing is with malice and with forethought."  (Source)

 "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship and then a monarchy." (Source)

From The $15 Trillion Party:

"If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future of your children, your grandchildren, and your great-grandchildren, would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades we have stolen $15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big-spending that has been going on (Source)

Podcast:  Wealthiest Nations: Lowest Birth Rates and Highest Debt: Christians and Birth Control, by Pastor Kevin Swanson