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Government Spending In America Is Completely
Out Of Control

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Posted By: Hazymac, 5/7/2026 8:49:43 AM

On March 31st, the U.S. crossed over a financial metric that should scare the heck out of all of us. On that day, our country’s debt exceeded 100% of GDP for only the second time since WWII. We now join debtor nations like Greece, Italy, France, and Canada as horrible stewards of our countries’ economies. High government borrowing raises the economic risk that interest costs will crowd out investment for everyone and make our system more vulnerable to shocks. The political risk is that it limits policy flexibility and fuels conflict over taxes, spending, and long-term obligations. High debt may be the single most powerful factor holding young people back from achieving

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Reply 1 - Posted by: privateer 5/7/2026 10:33:54 AM (No. 2101626)
Remember this? Vladimir Lenin: 'The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.' He might just as well said taxation and debt, since interest on the debt inflates the amount the People must repay.
3 people like this.

Reply 2 - Posted by: DVC 5/7/2026 10:39:20 AM (No. 2101629)
Yes, and huge, massive chunks of it go to graft, corruption and are stolen by criminals.....foreign and domestic. And tons not stolen is wasted keeping lazy folks from having to work with massively too much welfare, all across the board.
11 people like this.

Reply 3 - Posted by: DVC 5/7/2026 12:24:15 PM (No. 2101697)
We need a inflexible, absolutely mindless 5% cut in EVERY SINGLE PIECE of the spending budget every year for 10 years. No special exemptions.
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Reply 4 - Posted by: davew 5/7/2026 1:57:40 PM (No. 2101744)
Almost everything that has been broadcast or written about the federal debt is completely wrong. The problem is not how to find the money to do anything we want. It is about who controls the fiscal and social policy decisions, and whose constituents benefit and whose are disadvantaged by our choices. These are moral choices we must make for the country's future, but the debt (surplus) is not the problem. For a better understanding than 99% of the media, government officials, and the clueless governors of the Federal Reserve Board and Treasury, watch the documentary "Finding The Money" on Tubi.
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