×

Since our government is officially insolvent due to its debt, there is still a significant amount of money that has to be expended to stop us from continuing down this possibly fatal road. Only because the president keeps printing billions of dollars and taking out loans to cover expenses, has the nation avoided becoming bankrupt. That leads to bankruptcy, as any person with even the slightest grasp of finance will tell you. We have $20 trillion in debt as of shortly. Debt only arises from actual spending. phrase indicates that $20 trillion was spent on something. It wasn’t yours, and it wasn’t mine either. Who then owns it? Who has it if not the middle class, the government, or the impoverished? I’m not really sure how to answer that, but I do know that our nation is full with filthy wealthy individuals. In the United States, there are 66,000 individuals with a net worth over $20 million. It comes to a total of over $12 trillion. We have two individuals who, individually, are valued at than $79 billion. Naturally, only those with more than $20 million are included in this. it does not include the nation’s millionaires. Additionally, there is an estimated $2.1 trillion in US currency held in foreign institutions. However, I’m certain it is covered by the sums shown above. Of the $2.1 trillion, Apple alone holds around $200 billion in cash in banks outside of the nation. Over $500 billion of the trade imbalance we have is not spent domestically; rather, it is transferred to foreign nations. Oil purchases annually range from $500 billion to $1 trillion (estimated due to significant price fluctuations). there is money that may also be in circulation here but is being sent out of the nation. Though there are other sizable quantities that depart the nation for a variety of causes, they are the most noteworthy amounts. Additionally, approximately $20 billion in US money were transferred back to Mexico by illegal immigrants. The amount of money spent on production in other nations where items are marketed here was not even mentioned above. To put this into perspective, 20 million individuals earning $50,000 a year may be employed with $1 trillion USD. It would totally transform our nation. There is a lot of wiggle room, as I have illustrated with much more than that above. The money to turn our economy around is plenty, which is the main point. The answer to fixing our economy is really rather straightforward. get the aforementioned funds to work in our country to generate decent employment and tax income for the government. These two actions alone will drastically lower our debt without requiring any sacrifices. Tens of millions of people will be better off, and America will once again be great. The execution is the issue; the answer is straightforward. We encounter a dead end when we attempt to alter the system such that politicians are forced to make choices that their affluent and powerful backers find objectionable. Any presidential contender, like Hillary or Jeb Bush, who can easily raise over $100 million, in my opinion, hasn’t upset enough elite clefts to be able to implement reforms that would really affect our economy. Put another way, despite their repeated declarations that they desire change, voters still choose establishment politicians over qualified, capable individuals. One must break the mold. Overcoming the corruption is necessary. Without it, we can be sure that nothing will alter except the faces that hang on the White House walls. To get further details on rescuing our nation, go visit our website at http://www.brianreckforpresident.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

jackemails@gmail.com

Related Posts

YUDHVIR MALIK HOLDS THE POSITION OF FINANCIAL COMMISSIONER AND PRINCIPAL SECRETARY IN THE FIELD OF ELECTRONICS AND INFORMATION TECHNOLOGY.

tv.eletsonline.com Would you kindly participate in our next event? elets technomedia is a technology media and research firm that focuses on ict...

Read out all

STRIVE FOR PERSONAL GROWTH

All people want to be fully realized human beings. Nevertheless, very few put forth the effort to achieve this aim. We basically...

Read out all

WORD GAMES AND THE UTILIZATION OF ORWELLIAN EUPHEMISMS FOR SOCIAL MANIPULATION OF THE MASSES

The use of euphemisms, inoffensive synonyms, bureaucratic jargon, and political correctness aims to influence society into passivity. Terminology is often used by...

Read out all

HIGH-QUALITY, EDUCATIONAL TOYS MADE FROM WOOD FOR YOUR INTELLIGENT CHILDREN

Purchasing toys for children, particularly babies, is a serious subject. Choose toys that are appealing, secure, and mostly instructive. Why focus on...

Read out all

WILL RAMAN SINGH SECURE A THIRD TERM IN CHHATTISGARH? HOW IS THE CONGRESS PARTY COUNTERING HIS CAMPAIGN?

Written by Hemendra Jha November 3, 2013 Congress has been out of power in Chhattisgarh for the last decade. The group is...

Read out all

THE SIGNIFICANCE OF SALUTING OUR FLAG

This author believes it is vital to revisit the reasons for pledging allegiance to the flag of the United States of America...

Read out all