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Monday, February 6, 2012

The Government Is Spending WHAT$$$


We all wanna live nice, lets say you increased your credit card spending by a couple thousand dollars per month. Would your lifestyle improve? You bet it would! By going into large amounts of debt, its possible to live a lifestyle that you can’t really afford, at least for a while. But keep that trend up, and eventually it gets to a point where it’s extremely difficult to even keep your head above water and keep up with just the minimum payments. Then the credit companies will not extend you anymore finance, then what? Your stuck with BIG payments and a lot of stuff you probably didn’t need to begin with.

Right now that is exactly what our government is doing! They are spending trillions of dollars on unneeded stuff. When the government spends, you spend without even knowing it. Yep! That’s right they are digging into the ordinary American’s pocket. So we are being pick pocketed by our own government. Talk about sly and underhanded. So not only are we paying our own mortgages, credit card payments, and food, all of this borrowing that the United States is doing is creating a “false prosperity” bubble that is not real. It may feel real right now, but it is unsustainable over a period of time.  If the government suddenly started spending only the money that it actually brought in every year our economy would be doomed. Our eventual collapse is going to be huge if this continues.

Eventually, other countries are no longer going to lend the United States cheap money. The interest rate of borrowing is going to outrageous. We all know how that feels when our interest rates increase. We feel the pinch in our pockets. Our money is going to be almost useless, and our future grime. This is the future we are building for our children and grandchildren?  Right this minute the United States Government is borrowing an astounding 150 million dollars an hour, yes an hour. Now how are we going to explain that when our children are living in poverty?

1 comment:

  1. It appears the American people feel helpless and apathetic and of course all that intake of fluoride, aluminium etc dont help the brain to THINK !!

    ReplyDelete