He's right. But the fun thing is that he does not understand the Democrat plan. Biden in effect did a massive reduction in the debt. How, simple he made the money worth only half as much. The result, the debt was cut in half. Do I recommend this plan, NO.
I know he is right. They just found out the interest increase projection estimated to be a 438 billion; it actually just came out a few days ago at 498 BILLION!! 50 BILLION more than their estimate. Of coarse who is running things up there at the top?
Nearly 500 American companies have filed for bankruptcy in the last three years. Inflation is steady at 3.5 % and mortgage rates remain high at 7%. The stock market is inflated and due for a crash and correction. Transfer to a gold IRA, save your retirement from the stock market now.
@zippydooda If a democrat Marxist gets elected, there will be no IRA's, 401k's, or any other investment options. Communists eliminate or confiscate all wealth, real estate, bank accounts, even gold & cash! It would be the end of America. But that is exactly what the Marxist democrats want. Cheat to win the WH, take total control over everything & everyone. It CAN happen in America!
@@zippydoodainflation is way higher than 3.5 % , and telling ppl to buy gold derivatives will bury them in a short squeeze of the gold market . Awful commentary
@susanhardie5440 They already have, and will continue to. If we want to stop illegals gravy train, we need to keep voting red. Every election, not just presidential.
@shawnkelly5419 Exactly. They are suppose to be working for us, but continue stabbing citizens in the back again and again. This is the exact reason I’ll never vote blue again.
That’s why I say do not raise taxes anywhere. If I was president, first thing I would do is stop all money going to any country around the world no matter what the excuses Ukraine stop the money Israel stop the money until we balance our budget. If we have military troops in other countries to protect their border and sovereignty that country needs to be paying us for the protection. Start drilling and fracking in the USA so we become energy independent, we would no longer have about all from anyone. And no one in Washington DC would receive a paycheck until the budget is balanced cut all agencies in half and review the pay scale of every employee steel in government, stop all travel of people in DC going to foreign countries. They do it all the time on our money they stay at the best hotels they fly private jets a senator from Ohio goes to Japan. I have no idea they don’t represent Japan. They don’t need to be there. That’s a waste of money. They’re just traveling and live in the highlife for our money all that would stop. I wish I could be president for two years. I would straighten this country out. I would have a balance budgetand like the CEO that would stop in this world is worth $32 million a year. It may be more by now.
@@robertdoss7846, if I were president, I would merge the Fed and the treasury to cancel the national debt. This would eliminate the one trillion dollars/yr in interest payment. Additionally, all existing and new bank loan interest revenue would flow into the new Treasury to gradually replace income tax. I would negotiate a small royalty for the Fed founders for their ingenuity at building wealth for America!?” What do you think of the above?
When does the criminal reckless spending end? And who will be held accountable for this crime? All congressmen should face charges and jail time for this crime against humanity
@@timtalaski5904Oh? Then who voted for the people that put us in this position? Ignorance doesn’t understand, you get the government you deserve, the one you voted for.
@@farmer1ab Wasn't MY vote. I've tried, but can't get through to people who think this way of increasing global business opportunity for all these other countries is a good move. We can be friends with other countries and still have a healthy competition between businesses from country to country. I understand we should do what we can to continue good methods of smart care for our soils and waters and encourage other countries also, but it's best to be sure your own country has what it needs first. Each country should be sure of its' needs; then worry about global business. I'm sure you know this. Thanks for the exchange of conversation🙂!
@@jasondeaver2117you're easily triggered somebody must have struck a nerve! How many billion dollars did Joe Biden send to Ukraine? President Trump won at 15 billion to build a border wall and they said no! Now the American taxpayers are on the hook for a hundred billion dollars a year to take care of Joey's problem! Those who vote blue don't have a clue!
@@jasondeaver2117You need do better Research. This Dem Gov Biden/Harris have made severe bad decisions on behalf of American Citizens. And Trump did stop many Looming Wars, Biden/Harris have paid, not just yr Tax money but borrowed, USA debt now $37Trillion with 25 days to bankruptcy. Oh and Lock Your Front and Back Doors and don't answer any Stranger Knocks, Harris Invaders are near You NOW! After paying Your Tax to invite and support THEM. You can only Relax when DTrump is Voted in as President.
@@jasondeaver2117my comment got removed because TH-cam thinks it's okay to censor conservatives! FAFO! Lisa McClain thinks it's election interference! Just because I said something negative about the blue team! TH-cam should have learned something from Zuckerberg about election interference! How many billions of dollars did Joey send to Ukraine? President Trump requested 15 million to build a border wall, and he was told by Nancy pelosi that was too much money! Now the American taxpayers are in debt 100 billion dollars per year to take care of Joey's problem!
Like I said in another comment: whom is all this interest going to? It’s so unclear. Make sure to pay off foreign nations and make a law to only allow internal debt, keep it “in the family”. If it would get really bad at one point you can just not pay or set a fixed interest rate and nothing bad would happen. But if you don’t pay China, then you have a problem…
Send him the bill. That includes all the billionaires who, with tax cuts, helped create the deficit. By the way, name me one thing he personally created?
😐 exactly - just heard today Chicago deficit is expected to balloon to $982.4 million - NY city estimates upcoming budget deficit of $5.1 billion - that’s just 2 cities - 🤷♂️ all these expenses for ‘sanctuary’ projects is bleeding places dry
@@mojolojo8605 Since 9/11, both parties have had about equal time in charge of both houses and the presidency, multiple 'emergencies', wars, the pandemic...both parties are to blame, no excuses.
As a businessman he sees the problem. If we can get a businessman back in as president with some sensible people to support him maybe we can get out of this hole before it caves in.
Most of the People are not running to help get Americans back on track. They are getting Americans pushed back even further and some are stealing our things to accommodate their overspending. The ones involved should be held accountable without numerous meetings from Congress. We only have to see the attacks on our lives once to know accountability is a must. I want my compensation and justice to do my own thing. I am not liable for America's debt. If Anyone claims these lies they should be held liable as well. I do not want to hear anything about why I have not been compensated for the same paid out cases as others in my born Country. I don't not need any Attorney. I needed applicable forms and my proof accepted in a Court of Law. No excuses. Thanks for sharing.
Maybe,,, this is key word in this whole mess we are. In reality and the speed of bleeding this country dry it is already too late! There is no way out,,, only print baby, print and print... till the end of the green paint in the bucket.
It would take a minimum of three, two-term, non-Socialist Democrat Administrations, to even have a chance of turning it around. Unfortunately, the voting public has, historically, voted the problem back in when they didn't get the instant gratification they were expecting. They think a fiscally sound Administration should have decades of out of control spending fixed in just a few months.
Most people don't know that it's a Bank & has nothing to do with OUR GOVERNMENT ! We owe over 36 Trillion dollars & the interest for 1 year is larger than what we spend on our military in each year.
@@The-Jokes-on-You, if there was no private banking cartel called the Fed, all loan interest would have flowed into the treasury and replaced the income tax! However, the Fed has ingeniously accumulated massive assets instead. Expect Trump to transfer these assets to the treasury to enrich it, resulting in clearing the national debt and channel all bank loan interest to the treasury to replace income tax.
@@The-Jokes-on-You, what the Fed has done is ingeniously turned the bank debt process into massive assets. Finally, the one with a brain has arranged to combine the Fed and the treasury to enrich the new Treasury. What do you think this will do? Thoughts?
The American government has a spending problem, it is time to pay our bills. Let’s start by not spending over seas. Followed up with only sending troops in harms way when Congress approves the President’s request.
As soon as you get in with President Trump, JFK, Tulsi, Vivek, Patel, anyone I forgot in Dream Team, all Americans and the door is shown to illegals and pet eaters, America will recover.
@@stardust7936 You not rich or white or Christian or man enough for Project 2025 to benefit you. Since you won’t have a seat at the table, you’ll be dinner.
We need them for defense of America only. We have to have some bases to supply aircraft and troops safely. Do we need all probably not. Strategic placement is needed. Close others.
Remember that bill pelosi presented the day before the vote, and was so big hardly anyone read it? How about the couple of millions of dollars that went to India for gender studies! I’d love to know who put that in there!
@@FredPriest-ud6cuThat's a big problem. They don't read the bills. They vote the party line and buy votes from members of the other party by adding pork spending on non-vital projects just because that congressperson wants a bridge built over some railroad tracks on a road they take to get to the family's cottage just because that person doesn't like waiting for the train to pass. There was one bill that also had 4,983 earmarks added. They vote without reading it because they've made the promise to vote a certain way to get their project paid for.
These illegal immigrants are getting 2000 or more a month! OBAMA IS DOING THIS ! TRUMP IS SO NEEDED! Prosecute all OBAMA, CLINTON, PELOSI, CHENEY, RICE ALL TREISON CRIMES AGAINST HUMANITY
I’m an old student of math and financial structure This totally blows my mind Our government is dumber than the dumbest of our citizens No scenario does this turn out well
Approximately 33 cents of every single dollar you pay in taxes goes to paying the interest on the debt. Not one penny is used to pay down the principal.
I don’t think is fear that our sons or grandchildren paid, for the reckless spending of others. The ones who made bad decisions are the ones who should be responsible and accountable.
Ask Mr. Kennedy....our cost for chronic disease is 5X our military budget. 5X We are being poisoned and its no accident. Other countries dont serve their people all of these toxins. I do wonder if our congressmen eat this stuff.
@@loriwidener1935 pork spending or pork bills are things that are usually introduced into bills trying to be passed that have 0 to do with what is needed. Say a budget needs to be passed. Someone in Congress decides that their district needs a new golf course, museum funding, or any other project that has little to nothing to do with what needs to pass. Usually somewhere down in the latter 800 pages of that bill. It happened with Covid, it happened with the defense bills, and also happened during funding for the border...
Sad fact is that money for defense is not being applied to the defense. If it was we wouldn't be so far behind Russia and China on our defense systems. So where is the money actually being spent?
Trump filed for bankruptcy six times! He bankrupted his self so many times what makes you think he’s gonna be able to straighten out America?? he certainly didn’t fix it the first time he was in office!
Whistling past the graveyard. Excellent analogy. This country has been whistling past the graveyard on everything of major concern. This administration is actually digging the graves for us.
If all these corporations can significantly reduce spending by replacing a bunch of paperpushers with computers, then why can't a government consisting almost entirely of paperpushers do the same?
what to do repeal the tax cuts and use the revenue to pay the bills like it was done before the 1980 reagan supply side economic experiment went into affect
I love he says it as it is. Taxes taxes taxes taxes taxes. People have forgotten the gov spends OUR MONEY! Trillions!!! Not one penny is government made.
Actually it can, but we need to start trimming the fat first! Then we start drilling and mining, and bring back manufacturing so we can bring up the GDP and start exporting goods! That's how you do it!
America's HELOC problem will cost America the house. Politicians are mainly to blame, but voters put them there so they get some blame, too. Question is, are we past the tipping point or can it be fixed?
And I'm positive that all of the countries we support with money, aid, and defense will all come to our aid in our time of need before the collapse. Because I'm an idiot.
We were taught very young to not spend more than you have. Doesn’t our government know this? We will never get out of debt! We the people haven’t been free for centuries!
On Sept, 10 2001, the day before 9/11 happened, Donald Rumsfeld said on TV that the treasury dept. cannot account for 2.6 TRILLION dollars and are conducting an audit to see where the money went. When the pentagon got hit with the plane, the next day, the room that was doing the audit, with all the receipts and records, was destroyed in the crash.
Current administration needs to be accountable We didn’t have inflation like this a few years ago This country could go to hyperinflation in less than a year
I used to wonder why Donald Trump said he understood bankruptcy going into the 2016 elections. It just didn’t seem like a positive, but now I think I understand. It’s the only way we get out of this mess.
People who know nothing about money and math should not be in government approving finance budgets. If you don’t pass the math and economics you should not even be allowed to run for office. That requirement is on par with being old enough, a citizen, and now financially educated. It is a country survival requirement.
A trillion dollars a year... What if they cut that in half and spent it on their own country... 500 billion a year... Imagine that.... Wake up America ffs
WAKE UP AMERICA
liberals will never wake up
I don't believe Elon. He's the same guy who can't even stick to releasw deadline predictions of his own company's products
@@WELVAS. He has single handedly made American rockets to take American astronauts to the American ISS. Are you D U M B?
@@WELVAS. He is right on this one.
@@Boca-do-rio He's wrong most the time and has a terrible track record
He’s speaking facts to back up his opinion and I think he’s right
When facts are involved, it's no longer an opinion
He's right. But the fun thing is that he does not understand the Democrat plan.
Biden in effect did a massive reduction in the debt. How, simple he made the money worth only half as much. The result, the debt was cut in half.
Do I recommend this plan, NO.
This is why I am voting TRUMP !
I know he is right. They just found out the interest increase projection estimated to be a 438 billion; it actually just came out a few days ago at 498 BILLION!! 50 BILLION more than their estimate. Of coarse who is running things up there at the top?
Elon has personally lost over $100 billion with his money losing businesses.
I definitely believe Elon.
Nearly 500 American companies have filed for bankruptcy in the last three years. Inflation is steady at 3.5 % and mortgage rates remain high at 7%. The stock market is inflated and due for a crash and correction. Transfer to a gold IRA, save your retirement from the stock market now.
@zippydooda If a democrat Marxist gets elected, there will be no IRA's, 401k's, or any other investment options. Communists eliminate or confiscate all wealth, real estate, bank accounts, even gold & cash! It would be the end of America. But that is exactly what the Marxist democrats want. Cheat to win the WH, take total control over everything & everyone. It CAN happen in America!
I sooo want to
@@zippydooda I
@@zippydoodainflation is way higher than 3.5 % , and telling ppl to buy gold derivatives will bury them in a short squeeze of the gold market . Awful commentary
You can't give the money away to illegals and other countries 😢
God, please hear the cries of the American people 🙏🏼 😢
Ohhh but they can. & they will. They don’t care if the country goes bankrupt. They know They aren’t.
Exactly what they are doing, don't forget money laundering, these people in Congress have Mansions all over this world.
Defund israel! Spend the money on american schools and vets!
@susanhardie5440 They already have, and will continue to. If we want to stop illegals gravy train, we need to keep voting red. Every election, not just presidential.
The government doesn't have to care how it's spent our money because they don't have to earn it.
Actually, the DEMs & RhINOs have assisted China (CCP) with their decades old goal of bankrupting our Country.-
@shawnkelly5419 Exactly. They are suppose to be working for us, but continue stabbing citizens in the back again and again. This is the exact reason I’ll never vote blue again.
That’s why I say do not raise taxes anywhere. If I was president, first thing I would do is stop all money going to any country around the world no matter what the excuses Ukraine stop the money Israel stop the money until we balance our budget. If we have military troops in other countries to protect their border and sovereignty that country needs to be paying us for the protection. Start drilling and fracking in the USA so we become energy independent, we would no longer have about all from anyone. And no one in Washington DC would receive a paycheck until the budget is balanced cut all agencies in half and review the pay scale of every employee steel in government, stop all travel of people in DC going to foreign countries. They do it all the time on our money they stay at the best hotels they fly private jets a senator from Ohio goes to Japan. I have no idea they don’t represent Japan. They don’t need to be there. That’s a waste of money. They’re just traveling and live in the highlife for our money all that would stop. I wish I could be president for two years. I would straighten this country out. I would have a balance budgetand like the CEO that would stop in this world is worth $32 million a year. It may be more by now.
@@robertdoss7846, if I were president,
I would merge the Fed and the treasury to cancel the national debt. This would eliminate the one trillion dollars/yr in interest payment. Additionally, all existing and new bank loan interest revenue would flow into the new Treasury to gradually replace income tax. I would negotiate a small royalty for the Fed founders for their ingenuity at building wealth for America!?”
What do you think of the above?
They also don’t have to pay it back. Imagine having a business where you can borrow untold amounts of money knowing you NEVER have to pay it back.
When does the criminal reckless spending end? And who will be held accountable for this crime? All congressmen should face charges and jail time for this crime against humanity
It is what the voters wanted.
@@jessegarman7899you won the most ignorant comment of the day! It's absolutely the opposite of what the voters want!
@@timtalaski5904Oh? Then who voted for the people that put us in this position? Ignorance doesn’t understand, you get the government you deserve, the one you voted for.
@@jessegarman7899No, the vote was very close.
@@farmer1ab Wasn't MY vote. I've tried, but can't get through to people who think this way of increasing global business opportunity for all these other countries is a good move. We can be friends with other countries and still have a healthy competition between businesses from country to country. I understand we should do what we can to continue good methods of smart care for our soils and waters and encourage other countries also, but it's best to be sure your own country has what it needs first. Each country should be sure of its' needs; then worry about global business. I'm sure you know this. Thanks for the exchange of conversation🙂!
Term limits and drain the swamp
Elon speaks facts 👍
He is not Wrong...our government can't do math
I think you mean “won’t do math.”
Democratic policies and agendas are a huge part of the problem. We need major changes.
Its definitely both parties if you cant see actual facts stay out of the adult conversations
@@jasondeaver2117you're easily triggered somebody must have struck a nerve! How many billion dollars did Joe Biden send to Ukraine? President Trump won at 15 billion to build a border wall and they said no! Now the American taxpayers are on the hook for a hundred billion dollars a year to take care of Joey's problem! Those who vote blue don't have a clue!
@@jasondeaver2117You need do better Research. This Dem Gov Biden/Harris have made severe bad decisions on behalf of American Citizens. And Trump did stop many Looming Wars, Biden/Harris have paid, not just yr Tax money but borrowed, USA debt now $37Trillion with 25 days to bankruptcy. Oh and Lock Your Front and Back Doors and don't answer any Stranger Knocks, Harris Invaders are near You NOW! After paying Your Tax to invite and support THEM. You can only Relax when DTrump is Voted in as President.
@@jasondeaver2117my comment got removed because TH-cam thinks it's okay to censor conservatives! FAFO! Lisa McClain thinks it's election interference! Just because I said something negative about the blue team! TH-cam should have learned something from Zuckerberg about election interference! How many billions of dollars did Joey send to Ukraine? President Trump requested 15 million to build a border wall, and he was told by Nancy pelosi that was too much money! Now the American taxpayers are in debt 100 billion dollars per year to take care of Joey's problem!
Trump did a great Job with the economy, it’s the democrats that have made it this bad recently
That's what I have been saying for twenty years.
right there with you
@@temizimsaw it coming for years so is Canada!
Good to you all I've seen it for over 60 years...
Like I said in another comment: whom is all this interest going to? It’s so unclear. Make sure to pay off foreign nations and make a law to only allow internal debt, keep it “in the family”. If it would get really bad at one point you can just not pay or set a fixed interest rate and nothing bad would happen. But if you don’t pay China, then you have a problem…
Elon is awesome. He’s accomplished so much by being highly intelligent
Why do you think they're trying to shut him up thank God he bought Twitter
Didn't hurt having billionaire parents either ...
@@mikebolton3816 thank goodness he's not a dumbed down Lefty.
@@mikebolton3816
Send him the bill. That includes all the billionaires who, with tax cuts, helped create the deficit.
By the way, name me one thing he personally created?
We are bankrupt but nobody is willing to say it!
😐 exactly - just heard today Chicago deficit is expected to balloon to $982.4 million - NY city estimates upcoming budget deficit of $5.1 billion - that’s just 2 cities -
🤷♂️ all these expenses for ‘sanctuary’ projects is bleeding places dry
Trust me as long as we can print money out, and put that government seal on it, then we'll never run out of money.
Bankruptcy isn’t a big deal, can’t Washington just file for chapter 11🤪
@@joer9276 Elon Musk said it. Economist have been saying it for years. Democrats do not care!
@@joer9276, reform the Fed/treasury operation and see how rich America can be. Only the ONE can make it happen. Guess who?
Thank the Democrats for that!!!
Dems: Joy and Vibes! Nothing to see here
@@dansharayko7198lol lib answer
Repubs ain't any help either.... 2 wings of the same bird
Yes, let’s stop blaming and look at the policies and reconfigure our thoughts and ideas before it’s too late
@@mojolojo8605 Since 9/11, both parties have had about equal time in charge of both houses and the presidency, multiple 'emergencies', wars, the pandemic...both parties are to blame, no excuses.
As a businessman he sees the problem. If we can get a businessman back in as president with some sensible people to support him maybe we can get out of this hole before it caves in.
Most of the People are not running to help get Americans back on track. They are getting Americans pushed back even further and some are stealing our things to accommodate their overspending. The ones involved should be held accountable without numerous meetings from Congress. We only have to see the attacks on our lives once to know accountability is a must. I want my compensation and justice to do my own thing. I am not liable for America's debt. If Anyone claims these lies they should be held liable as well. I do not want to hear anything about why I have not been compensated for the same paid out cases as others in my born Country. I don't not need any Attorney. I needed applicable forms and my proof accepted in a Court of Law. No excuses. Thanks for sharing.
Maybe,,, this is key word in this whole mess we are. In reality and the speed of bleeding this country dry it is already too late! There is no way out,,, only print baby, print and print... till the end of the green paint in the bucket.
True someone who knows Debit and Credit know how
It would take a minimum of three, two-term, non-Socialist Democrat Administrations, to even have a chance of turning it around.
Unfortunately, the voting public has, historically, voted the problem back in when they didn't get the instant gratification they were expecting.
They think a fiscally sound Administration should have decades of out of control spending fixed in just a few months.
You are frighteningly correct@@marktwain2053
THANKS TO BIDEN AND HARRIS
We are being taxed and not represented.
Both of which are against the constitution.
Were already bankrupt 😢
We need to Call everybody's debts in & STOP giving other countries $$$. STOP ALL "grants" for foolish projects...
Thanks to Biden and Harris for the problems
Obama also has 8 years to answer for 👀
It started long before them
@@J-GMOREYup
Democrats period
It's America telling God He is not wanted anymore.
Dancing between the raindrops. You can’t print & tax your way out of debt. Empower Musk to the max.
@@snapfinger1 🤨!
Those Government people better tighten up
Our kids and grandkids will not be able to pay it. They can't afford food and housing.
The federal reserve should never have been created. 100% of the problem with 0% of the responsibility.
Most people don't know that it's a Bank & has nothing to do with OUR GOVERNMENT ! We owe over 36 Trillion dollars & the interest for 1 year is larger than what we spend on our military in each year.
@@The-Jokes-on-You, if there was no private banking cartel called the Fed, all loan interest would have flowed into the treasury and replaced the income tax! However, the Fed has ingeniously accumulated massive assets instead. Expect Trump to transfer these assets to the treasury to enrich it, resulting in clearing the national debt and channel all bank loan interest to the treasury to replace income tax.
Finally, someone who has a brain.
@@The-Jokes-on-You, what the Fed has done is ingeniously turned the bank debt process into massive assets. Finally, the one with a brain has arranged to combine the Fed and the treasury to enrich the new Treasury. What do you think this will do? Thoughts?
@@David-Jamahl.Ardison, the Fed debt operation is ingenious. finally, someone with a brain has turned the Fed into a blessing in disguise.
The American government has a spending problem, it is time to pay our bills. Let’s start by not spending over seas. Followed up with only sending troops in harms way when Congress approves the President’s request.
Musk is absolutely correctly
I am voting for Trump
As soon as you get in with President Trump, JFK, Tulsi, Vivek, Patel, anyone I forgot in Dream Team, all Americans and the door is shown to illegals and pet eaters, America will recover.
😂😂😂😂
They have no interest in that. They will steal the vote and you will allow it. They already did it once.
Trump knows all about bankruptcies. He’s had a few.
Not so sure, sorry to say
@@stardust7936
You not rich or white or Christian or man enough for Project 2025 to benefit you.
Since you won’t have a seat at the table, you’ll be dinner.
We the people need to stop it
Our government is irresposible!
I have been concerned about this for decades!
He's exactly right, if we don't pay close attention to the government spending then we will spiraling very quickly , Thanks Elon
They did it intentionally.
Just think in 2008 it was 12 trillion dollars and that was out of hand....
When Bush started, it was only $4 trillion. 😮
America 🇺🇸 has 750 military 🪖 bases around the 🌎 world. Forget that! Get out of NATO and save a ton of money 💰!
We need them for defense of America only. We have to have some bases to supply aircraft and troops safely. Do we need all probably not. Strategic placement is needed. Close others.
Agree the rest are not paying there fair share we are spending way to much for our military A trillion is outrageous
Just remove half of the military budget and close a lot of those installations.
Without those we lose power, and by us losing power the world wilp be nuked.
Stop giving residency legally or illigally... clean first the swamp..vivek❤
Considering our debt, by any reasonable metric we're well PAST bankruptcy territory
New headline: "US Government Turns to Payday Loans to Avoid Shutdown"
🤔 then spends that money on a (sanctuary) project to help non citizens
@@Iam-still-nooneNo, sends money to Ukraine to protect their border
Remember that bill pelosi presented the day before the vote, and was so big hardly anyone read it? How about the couple of millions of dollars that went to India for gender studies! I’d love to know who put that in there!
Yup her quote It's so big we have to pass it to see what's in it !
@@FredPriest-ud6cuThat's a big problem. They don't read the bills. They vote the party line and buy votes from members of the other party by adding pork spending on non-vital projects just because that congressperson wants a bridge built over some railroad tracks on a road they take to get to the family's cottage just because that person doesn't like waiting for the train to pass. There was one bill that also had 4,983 earmarks added. They vote without reading it because they've made the promise to vote a certain way to get their project paid for.
I believe any item added to a bill, must have the author/originator name.
@@paulne1514 I am pretty sure most of the money never reaches its destination. Every time an audit is mentioned it gets voted down.
WHAT DO YOU EXPECT WERE SPENDING 2 BILLION A DAY FOR HOTEL ROOM FOR ILLEGALS
These illegal immigrants are getting 2000 or more a month! OBAMA IS DOING THIS ! TRUMP IS SO NEEDED! Prosecute all OBAMA, CLINTON, PELOSI, CHENEY, RICE ALL TREISON CRIMES AGAINST HUMANITY
I see this happening everyday in the big City where I live and it's horrific.
I’m an old student of math and financial structure
This totally blows my mind
Our government is dumber than the dumbest of our citizens
No scenario does this turn out well
I had this conversation with a friend the other day. He seems to think it doesn't matter. Lmaoh. Every tax payer pays in less then the interest.
It's not dumb. It's all part of the plan to take us into the OWO.
Why are we spending all this money in foreign countries
Every 100 days = 1 trillion interest rates 😢
Those in power don't care - It's not their money!
Balance the budget. Stop playing the world's policeman and close the border. Focus on America 🇺🇸
We’ve experienced a little inflation. But no one alive today, in Thais country has ever seen what hyperinflation feels like. But we will.
No one even mentioned the debt at the debate.....
Approximately 33 cents of every single dollar you pay in taxes goes to paying the interest on the debt. Not one penny is used to pay down the principal.
Citizens are bankrupt too Elon. Just that most pretend well.
Why wasn't this mentioned during the debate on 9/10/2024? Americans are doing the same thing looking for different results. Insanity🤔👁️❤️👁️
Media have no interest in disclosing the truth. Bought by the corrupt.
Addie. The national debt seems to be a problem with both parties. Have not seen any effort to reduce government spending.
I been talking about this slow motion train wreck for a decade yet it’s ignored by EVERYONE
It’s all true but too depressing. I couldn’t even watch the entire short.
A billion is one thousand millions.
A trillion is one thousand billions.
Shadow stats says we are over 2 quadrillion in debt when you add up all the unfunded liabilities and derivatives
@@Pound_Shift A quadrillion is one thousand trillions ?
@@philfrederickiii2320 ,Yep
You have to drain the swamp!
I don’t think is fear that our sons or grandchildren paid, for the reckless spending of others. The ones who made bad decisions are the ones who should be responsible and accountable.
It’s up to our wonderful lawmakers who just don’t care about this powder keg.
Ask Mr. Kennedy....our cost for chronic disease is 5X our military budget. 5X
We are being poisoned and its no accident. Other countries dont serve their people all of these toxins.
I do wonder if our congressmen eat this stuff.
There's a horrible amount of pork spending that should be discontinued in the next administration, but guarantee it won't.
Pork spending?? Explain!
@@loriwidener1935 pork spending or pork bills are things that are usually introduced into bills trying to be passed that have 0 to do with what is needed. Say a budget needs to be passed. Someone in Congress decides that their district needs a new golf course, museum funding, or any other project that has little to nothing to do with what needs to pass. Usually somewhere down in the latter 800 pages of that bill. It happened with Covid, it happened with the defense bills, and also happened during funding for the border...
Sad fact is that money for defense is not being applied to the defense. If it was we wouldn't be so far behind Russia and China on our defense systems. So where is the money actually being spent?
Ya we are Trillions in debt , but they keep giving money away to non-citizens ! Here and abroad !!!
Biden. Harris did this. America needs Trump n Team. Also Elon
Trump filed for bankruptcy six times! He bankrupted his self so many times what makes you think he’s gonna be able to straighten out America?? he certainly didn’t fix it the first time he was in office!
Whistling past the graveyard. Excellent analogy. This country has been whistling past the graveyard on everything of major concern. This administration is actually digging the graves for us.
WHAT DO YOU MEAN!...lots of us have been screaming about this! But it's in one ear of the government and BACK OUT AGAiN!!
If all these corporations can significantly reduce spending by replacing a bunch of paperpushers with computers, then why can't a government consisting almost entirely of paperpushers do the same?
Elon is absolutely Right on!!! Wish I knew what to do?? Who do you TRUST???
what to do
repeal the tax cuts and use the revenue to pay the bills like it was done before the 1980 reagan supply side economic experiment went into affect
@@4NickAder agree 👍
It’s bloated and way too much is totally unaccounted for. That’s the problem!
And I can't even get get a new pair of glasses as a 60 year old senior on SSI from Medicaid Georgia!!😂
the problem is government...we have ten times the amount we really use or need...
NO KIDDING!! And it's ALL the Devilcratic Party's FAULT with their wasteful spending!!!🤬🤬🤬
Get rid of the federal reserve!
' ! ❤ ! " Responsibility Matters for ALL Lives " ! USA ! *
I love he says it as it is. Taxes taxes taxes taxes taxes. People have forgotten the gov spends OUR MONEY! Trillions!!! Not one penny is government made.
Flash! The national debt can never be paid off.
Actually it can, but we need to start trimming the fat first!
Then we start drilling and mining, and bring back manufacturing so we can bring up the GDP and start exporting goods! That's how you do it!
@@PatriotxAssetWhy is exporting so important?
@@lindakleckner215are you restarted?
@@alexdahmane7025 This doesn't answer my question.
No it can be but the Democrats don't want to.
America's HELOC problem will cost America the house. Politicians are mainly to blame, but voters put them there so they get some blame, too. Question is, are we past the tipping point or can it be fixed?
I need to make the comment we are bankrupt there's no two ways about that we just still have the ability to borrow
CUT TAXES!!!!
And I'm positive that all of the countries we support with money, aid, and defense will all come to our aid in our time of need before the collapse.
Because I'm an idiot.
There are not dollars anymore - just coupons
We were taught very young to not spend more than you have. Doesn’t our government know this? We will never get out of debt! We the people haven’t been free for centuries!
Your right for the most part, but we are free er than ANY other nation.
The interest on our debt is about $3B per... DAY.
$114M per hour.
Those of us who don’t whistle….,,WE KNOW.
End the federal reserve!
He's absolutely right, but people are blind in voting for Kamala 😢😢😢 😔 she's the one 😭 that got us into this poverty 😢
Yup some day someone gonna have to address that!!
Who do we actually owe this money to? Mostly ourselves, federal pensions, social security and maybe that 2.6 TRILLION MISSING FROM THE TREASURY DEPT.
Fact. I mean call in what debt
Missing? Explain please
On Sept, 10 2001, the day before 9/11 happened, Donald Rumsfeld said on TV that the treasury dept. cannot account for 2.6 TRILLION dollars and are conducting an audit to see where the money went. When the pentagon got hit with the plane, the next day, the room that was doing the audit, with all the receipts and records, was destroyed in the crash.
Current administration needs to be accountable
We didn’t have inflation like this
a few years ago
This country could go to hyperinflation in less than a year
God dam it
Pollo. Please edit your post to not blaspheme the name of your creator.
66 Billion Dollars To Date Spent On Elegal Immigrants. This Is Madness. Fact
2023 U.S. deficit was almost 2Trillion Dollars. Thats a whole lot of mismanaged spending.
It’ll never be paid back. When the chicken comes home to roost the Great Depression’s going to look like a sleep over.
I used to wonder why Donald Trump said he understood bankruptcy going into the 2016 elections. It just didn’t seem like a positive, but now I think I understand. It’s the only way we get out of this mess.
The politicians are talking about everything but what matters
This is what the WEF AGENDA does to countries no matter how big or small you are.
Same in Canada. If we had a ministry of debt, it would be the biggest one by far. Nobody cares...
Truth. We know it.
That's because our politicians are Putting it in their pockets.
People who know nothing about money and math should not be in government approving finance budgets. If you don’t pass the math and economics you should not even be allowed to run for office. That requirement is on par with being old enough, a citizen, and now financially educated. It is a country survival requirement.
We are living in INSANITY!
Well if the fed would stop doing the “chase bank glitch” on itself, maybe we could actually get ahead on paying it down
A trillion dollars a year... What if they cut that in half and spent it on their own country... 500 billion a year... Imagine that.... Wake up America ffs