America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control.  We are facing an unprecedented debt crisis that literally threatens to bring our country to an end, and yet our politicians are almost entirely silent on this issue in 2018.  In fact, Republicans and Democrats just worked together to pass another big, fat spending bill through Congress that is actually going to increase the pace at which we are going into debt.  What the Republicrats are doing is not just wrong.  To be honest, the truth is that they are committing crimes against humanity, and they are completely wiping out the very bright future that our children and our grandchildren were supposed to have.  How in the world is America supposed to be “great again” when we are buried in so much debt that future generations can never have any possible hope of getting free from it?

The fiscal year of the federal government goes from October 1st to September 30th.  During the fiscal year that just ended, the U.S. national debt increased by 1.271 trillion dollars

The federal debt increased by $1,271,158,167,126.72 in fiscal 2018, according to data released today by the Treasury.

The total federal debt started the fiscal year at $20,244,900,016,053.51 according to the Treasury, and finished the fiscal year at $21,516,058,183,180.23.

This is one of the reasons why I wanted to go to Washington.  Our current “representatives” are completely and utterly failing us.

Once upon a time, at least members of the Tea Party would stand up and say something, but these days nobody seems to care that America’s future is being systematically destroyed.  Republicans have been in control of both houses of Congress, but our debt problems just continue to get worse and worse.  And the truth is that the budgets that have been passed since Donald Trump became president are simply slightly revised Obama budgets.  The Republicans have allowed the Democrats to have their way time after time, and it has been absolutely disgusting to watch.

In 8 of the past 11 fiscal years, the U.S. national debt has risen by more than a trillion dollars, and the U.S. national debt is now sitting at an all-time record high of 21.52 trillion dollars.

What we are doing is literally insane, and if we want our nation to survive we must change course immediately.

These days, there is a lot of discussion about the political gains that “Democratic socialists” have been making all over America, and Republicans are trying to assure us that the American people don’t actually want socialism.

But you know what?

We have already gone most of the way down the road toward socialism.  I think that Ron Paul made this point very well  in his most recent article

We know socialism does not work. It is an economic system based on the use of force rather than economic freedom of choice. But while many Americans seem to be in a panic over the failures of socialism in Venezuela, they don’t seem all that concerned that right here at home President Trump just signed a massive $1.3 trillion dollar spending bill that delivers socialism on a scale that Venezuelans couldn’t even imagine. In fact this one spending bill is three times Venezuela’s entire gross domestic product!

Did I miss all the Americans protesting this warfare-welfare state socialism?

If you are really against socialism, you should be fighting for the federal government to be greatly reduced in size and scope.

But so few Americans seem to believe in true limited government these days.

It would be a great first step if we would actually try to start living within our means.  But if 1.271 trillion dollars of government spending was pulled out of the economy over the past 12 months, the result would be a horrible economic depression.  And politicians do not like economic downturns, because when things get bad voters tend not to vote for incumbents.  So they just keep going into more debt and they keep kicking the can down the road.

But if we stay on the path that we are currently on, the CBO says that the United States will be 99 trillion dollars in debt by 2048.

Of course we will never actually ever get to 99 trillion dollars in debt.  America will cease to exist long before we ever reach that mark.

If we want to save America, we must take action now, but very few people seem to even care about our exploding debt at this point.

And it isn’t just our national debt that is the problem.  State and local government debt is at record levels all over the nation, corporate debt has doubled since the last financial crisis, and U.S. consumers are more than 13 trillion dollars in debt

If you added up the personal debt of every American — what they owe on their mortgages, credit cards, student loans, and more — the total is staggering. Collectively, we’re $13.2 trillion in the red. That’s the highest ever, according to the New York Fed.

Yet no one seems to be panicking. Maybe that’s because we can’t comprehend $13 trillion. Imagine buying every NFL team. And every NBA team. And every NHL team. And every Major League Baseball team. But that only adds up to $191 billion.

America is committing suicide in slow-motion, and it is an absolutely heartbreaking thing to witness.

It is almost as if we lack the will to survive as a nation.  All we seem to care about is our comfort level at this moment, and we don’t want anyone to tell us that we have to cut back on anything.  I think that Chris Martenson summed things up very well in his most recent piece

Nothing grows forever.  Cancer tries, but always defeats itself in the process.  Yeast parties until all the sugar in the vat is gone or it pollutes itself out of an active existence.

Can humans do better? The jury is still out on that.

But so far, the signs say that, as a group, we lack the ability to organize effectively against big, complex challenges. Especially if doing so requires us to willingly choose to live a life of less. We’re simply too addicted to more.

We cannot continue to go down this road.

Because at the end of this road is not just economic collapse.  What we are talking about is literally the end of the United States of America.

All throughout history, great societies have been done in by greed, sloth, corruption and laziness, and we are headed down the exact same path.  If we want to survive, emergency surgery is necessary, but at this point nobody is even tending to the dying patient.

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

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The U.S. Government Is Spending 400,000 Dollars On A Single Helmet

What - Public DomainWould you pay $400,000 for a single helmet?  Of course you wouldn’t – but that is precisely what the U.S. government is doing.  Just the helmet for the pilot of the new F-35 Lightning II is going to cost taxpayers nearly half a million dollars.  And since we are going to need 2,400 of those helmets, the total bill is going to end up approaching a billion dollars.  But what is a billion dollars between friends, eh?

Sadly, our military has a very long history of wasting money like this.  Back in the 1980s, the “six hundred dollar toilet seat” became quite famous.  Average Americans were absolutely outraged that the government was wasting so much of our hard-earned money, and promises were made that things would change.  Here is more on what transpired back then from Wikipedia

Beginning in 1981, President Ronald Reagan began an expansion in the size and capabilities of the United States armed forces, which entailed major new expenditures on weapons procurement. By the mid-1980s, this spending became a scandal when the Project On Government Oversight reported that the Pentagon had vastly overpaid for a wide variety of items, most notoriously paying $435 for a hammer, $600 for a toilet seat, and $7,000 for a coffee pot.

But of course things haven’t changed, have they?

Instead, they have gotten even worse.

I have no idea how a single helmet could be worth $400,000.

Does it grant magic wishes?

Does it turn the user into a mutant superhero?

Here is an excerpt from the USA Today article that is reporting on this super expensive helmet…

When the joint strike fighter, the F-35 Lightning II, finally takes to the skies on its first official mission, it will be one of the most advanced and one of the most expensive planes ever.

And the pilots flying the aircraft will be wearing the most advanced and most expensive helmet ever.

The helmet will give pilots quicker access to the information they need to see and has special cameras to “see” through the bottom of the plane. But it will cost an estimated $400,000 per helmet — more than four times as much as the Air Force paid for head wear for other aircraft such as the F-16.

Is that why the helmet is so expensive?

It can help the pilot see through the bottom of the plane?

Really?

If you just go down to your local Ford dealer they will be glad to show you lots of new trucks that can “see behind them”, and the best truck on the lot only costs about $50,000.

Or better yet, if F-35 pilots really want to see what is going on underneath them they should just slap a window on the bottom of the plane.

Of course I am just being facetious, but I think that you get the point.

We all work really hard for our money, and it is quite disheartening to watch the government waste it so flippantly.

And this week the Republicans in Congress have agreed to suspend the debt ceiling for the rest of the time that Barack Obama is in the White House.  In one of his final acts as House Speaker, John Boehner has given Barack Obama a wonderful parting gift

Outgoing House Speaker John Boehner presented his newly forged budget deal to his Republican colleagues at a private meeting this morning, outlining his plan to avert another government shutdown and raise the debt ceiling as a parting gift to his successor.

The deal would increase federal spending by $80 billion over two years and raise the federal borrowing limit through 2017. The 144-page bill, which was released Monday shortly before midnight, was welcomed by Democrats who have been pushing for budget negotiations all year.

Thank you John Boehner for selling us all down the river time after time.  You have done a great disservice to our nation.

This new budget agreement is actually going to significantly increase spending.  Here are some more of the details from the New York Times

For this fiscal year alone, the deal would add $50 billion in spending, divided equally between defense and domestic programs, as well as $16 billion for emergency war spending, half for the military, half for the State Department. Together, that represents an increase of $66 billion in the spending limits for 2016, not far off the $70 billion increase Mr. Obama requested in his budget.

Personally, I can’t wait to see how much of that 16 billion dollars is for lethal military aid for Ukraine.  Many of you that have been following this closely know exactly what I am talking about.

Of course this budget deal still must be approved by Congress, but that is just a formality at this point.  Many “conservatives” in Congress are voicing displeasure with this deal, but is anyone listening?  The following comes from Business Insider

Conservatives moved quickly to revolt over a blockbuster budget deal reached among congressional leaders and the White House early Tuesday morning, calling it a “betrayal” days before US House of Representatives Speaker John Boehner (R-Ohio) is set to leave Congress.

“This budget deal is a betrayal of all the fiscally conservative promises Republicans made in the last election. It is emblematic of why working-class Americans are angry with congressional Republicans,” said prominent right-leaning economist Stephen Moore, in a statement released by the conservative group FreedomWorks.

The Tea Party is supposed to be standing against the tax and spend agenda of the Democrats and the establishment Republicans, but enthusiasm for the Tea Party seems to be subsiding.  In fact, according to Gallup support for the Tea Party has hit an all-time low of 17 percent.

So we will just continue to witness business as usual in D.C. until disaster strikes.  At this point it is expected that somewhere around 100 Republicans in the House will support this deal, and with all of the Democrats on board that should be enough to get it to pass.

Since Boehner reached his first “budget deal” with Barack Obama back in 2011, the U.S. national debt has increased  by $3,970,023,503,348.07.  It is a betrayal of a magnitude that is difficult to put into words.

Overall, the federal government has been stealing 100 million dollars from future generations of Americans every single hour of every single day since Barack Obama first entered the White House.

When I tell most people that, I can tell that they don’t really believe me, and truthfully that statistic does sound completely and utterly ridiculous.

But it is true.

When you multiply 100,000,000 by 24 by 365 you get 876,000,000,000.  And if you multiply that number by 7 (the number of years that Obama has “served” so far rounding up), you get 6.132 trillion.

Well, according to CNSNews.com the U.S. national debt has risen by more than seven and a half trillion dollars since Barack Obama was first inaugurated…

Since Obama took office, the total debt of the federal government has already increased by $7,525,761,885,381.30—rising from $10,626,877,048,913.08 on Jan. 20, 2009 to $18,152,638,934,294.38 on Oct. 23, 2015.

When you break that number down, the amount of new debt added under Obama comes to $64,134.73 per household

The $7,525,761,885,381.30 that the total debt has increased so far during the Obama presidency equals $64,134.73 for each of the 117,343,000 households that were in the United States as of June.

Are you ready to cough up your share?

The truth is that it is already mathematically impossible for the U.S. government to pay off this debt.

What our politicians are attempting to do now is to keep borrowing money and extending the game for as long as they possibly can.

If that sounds like a really bad plan to you, that is because it is a really bad plan.

What our leaders have done to future generations of Americans is beyond criminal.  But the American people have come to accept this as “normal”, and only a very small percentage of us are still complaining about it.

So the jokers in Washington will just keep on doing what they are doing until it all comes tumbling down all around them.  By then, it will be far too late to do anything about it.

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