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Recommended reading:
- The US borrowed almost half its entire debt in just six years – somehow the system is still standing | Watch - msn.com
- Trump said the $19 trillion national debt could be gone in 8 years. Here’s where it stands now - msn.com
More recommended reading:
- The Government Just Asked for Another $739 Billion in Debt. For One Quarter - lewrockwell.com
- How the U.S. Went $40 Trillion in Debt - wsj.com
- No, We Can't Outgrow the National Debt, and We Don't Just Owe It to Ourselves - pjmedia.com
- John C. Eastman: The $40 Trillion Hole - americanmind.org
- Martin Armstrong: $40 Trillion in Debt and the Interest Bill Keeps Growing - lewrockwell.com
- Deficit hits $2 trillion with a month to go in the fiscal year, CBO says - naturalnews.com
- Trump's Plan to Give Every American Adult $5,000 After the Midterm Would Add $1.3 Trillion to the National Debt - futurism.com
- From $14 trillion to $40 trillion in 15 years: Sen Budget Chair Johnson ready to stare down crisis - justthenews.com
Quotes:
- "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." (The Economiccollapseblog.com)
- "A democracy cannot exist as a permanent form of government. It can only exist until the majority discover 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."
