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Opinion by Lau Vegys:
America's problems aren't fixable with patriotic sentiment. They're mathematical realities that don't care about your flag-waving.
The national debt recently hit $37 trillion. By 2033—the same year Social Security's trust fund runs dry—we're looking at debt exceeding $50 trillion. Interest payments alone will consume nearly half of all tax revenue.
At that point, the Federal Reserve will have no choice but to print tens of trillions of dollars to bail out the Treasury. The resulting inflation will make the early 1980s look like a picnic.
And of course, as I mentioned in a recent piece, whether it's $37 trillion now or $50 trillion in about eight years, the headline number is just the tip of the iceberg.
Add it all up—Medicare, Social Security, federal pensions, and other off-the-books promises—and the real financial hole the U.S. government faces is closer to $150 trillion. That’s nearly $1 million per taxpayer.
Many Republicans pride themselves on their chess-playing acumen. Dems write a tax increase bill, GOP players write one that doesn't increase taxes, and say, "We'll just checkmate these revolutionaries and WIN this one." Sometimes they do. But Since the Goldwater days, they've been whipped 90 percent of the time. So they study chess tactics harder.
In next three years, the Dems are rolling out an army of tanks. First mission: roll over every chess board and destroy them, leaving the elephants to wander around aimlessly, not knowing how to do politics.
How do we know this? Zoom calls over the last year. The Dems are done with chess.
Kunstler: "Democratic Party election ninja Marc Elias knocked himself out for two years registering new voters by the bale, as in manufacturing them. . . illegal aliens. . . homeless junkies. . . straight-up fictitious persons. . . in order to flood the zone with fake mail-in ballots, that is, in-your-face fraud. And the reason they did it was so ...
"No man is big enough to run this great Republic. There never has been one. Such domination was never intended. Tranquillity, stability, dependability—all are assured in party sponsorship. and we mean to renew the assurances which were rended in the cataclysmal war.”
Warren Harding, July 1920.
