US Unfunded Liabilities Total $217.63 Trillion While TOTAL US National Assets Equal Only $210 Trillion (National Debt Equals $35 Trillion And Growing Awfully Fast!) Unfunded Liabilities 6.23X National Debt!

This scene from the film “McCabe and Mrs. Miller” sums up our political plight quite nicley. Politicians spend like crazy to stay in power (Biden/Harris) are excellent examples). Politicians promises endless money, then shoot the economy. The US is broke and relies on printing money and boowed funds to stay afloat. Harris wants to raise taxes on everyone to fund her plans like even MORE emphasis of failed green energy schemes and endless foreign wars. I doubt if Harris could defend her spending plans in light of the US already $35 TRILLION in debt.

Even more worrisome if thev fact that DC politicians have promised entitlements (Social Security, Medicare, etc. totalling $217.63 Trillion. Or 623% higher than the rapidly increasing national debt.

Biden/Harris raised thr national debt by 25% in less than 4 years. And Harris wants to increase spending! Harris wants illegal immigrants put on Social Security and Medicare, further bankrupting those entitlement programs.

Let’s see Harris explain her indefensible budget (like raising taxes and not hurting economic growth).

One thought on “US Unfunded Liabilities Total $217.63 Trillion While TOTAL US National Assets Equal Only $210 Trillion (National Debt Equals $35 Trillion And Growing Awfully Fast!) Unfunded Liabilities 6.23X National Debt!

  1. A society that is in its higher circles and on its middle levels widely believed to be a network of smart rackets does not produce men with an inner moral sense; a society that is merely expedient does not produce men of conscience. A society that narrows the meaning of ‘success’ to the big money and in its terms condemns failure as the chief vice, raising money to the plane of absolute value, will produce the sharp operator and the shady deal. Blessed are the cynical, for only they have what it takes to succeed. America appears now before the world a naked and arbitrary power, as, in the name of realism, its men of decision enforce their often crackpot definitions upon world reality.”

    C. Wright Mills, The Power Elite, Oxford Press, 1956

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