The federal government now spends twice what it takes in tax revenue. It gets worse – Whatfinger News' Choice Clips
Whatfinger News' Choice Clips

The federal government now spends twice what it takes in tax revenue. It gets worse

The federal government now spends twice what it takes in tax revenue. While debt service alone eats nearly 2/3 of individual income tax. So when you write that check to the IRS next month, rest easy knowing most of it is going to Wall Street and China. The federal spending borg is eating everything in sight, crapping out wars and welfare for migrants. And leaving the people they serve to fight over the crumbs.

Episode 49 of the Podcast is live! – Japan Enters Stagflation – Americans Giving Up on Owning a Home – Congress Presses Fed for Higher Inflation – Russian Sanctions Threaten the Dollar – Commercial Real Estate could Topple “Hundreds” of Banks – Peter St Onge

Understanding Debt-to-GDP Below, you’ll see a chart that displays the debt-to-GDP level for the United States, as well as other countries. The last time this level was reached was during World War II. We decided to create a brief write-up on this metric and showcase the debt-to-GDP ratio across the largest economies. The debt-to-GDP ratio is a critical metric that measures a country’s public debt relative to its economic output. It’s an important indicator of a nation’s fiscal health and its ability to service and repay its debt obligations. While a high debt-to-GDP ratio isn’t necessarily a cause for immediate concern, it can raise questions about a country’s long-term financial sustainability. To better understand the nuances of this metric, let’s consider the United States government as a business.

Like any company, the U.S. needs to manage its finances carefully, balancing its income (tax revenue) with its expenditures (government spending). If the business consistently spends more than it earns, it will accumulate debt, which must be serviced through interest payments and eventually repaid. However, unlike a typical business, the U.S. government has a unique advantage: it controls the currency in which its debt is denominated – the U.S. dollar. This means that, in theory, the government could “print” more money to pay off its debt obligations. However, this action would likely have severe consequences, such as inflation, erosion of confidence in the dollar, and potential economic instability. While the ability to create more currency might seem like a tempting solution, it’s essential to consider the broader implications. Excessive money printing could lead to a devaluation of the currency, making imports more expensive and potentially triggering a vicious cycle of inflation and diminishing purchasing power for consumers and businesses.

Additionally, a loss of confidence in the U.S. dollar could have far-reaching consequences for the global economy, as the dollar is the world’s reserve currency and is widely used in international transactions. Countries and investors may be reluctant to hold or accept dollars if they believe the currency is being devalued through excessive money printing, potentially leading to a loss of the dollar’s privileged status. Therefore, while the U.S. government may have the technical ability to “print its way out of debt,” such a strategy would likely be counterproductive and could undermine the very foundation upon which the country’s economic strength is built. Instead, a more prudent approach would be to focus on sustainable fiscal policies that balance government spending with revenue generation, while promoting economic growth and maintaining confidence in the stability of the U.S. dollar.

This could involve a combination of measures, such as restructuring government expenditures, implementing targeted tax policies, and fostering an environment conducive to business investment and job creation. It’s important to note that the debt-to-GDP ratio alone does not provide a complete picture of a country’s fiscal health. Other factors, such as the composition of debt (domestic vs. foreign), the maturity profile of the debt, and the overall economic conditions, also play a crucial role in determining the sustainability of a nation’s debt burden. In summary, while the U.S. government’s control over its currency may provide a theoretical avenue for addressing debt through money printing, such a strategy would likely have severe consequences and should be avoided. Instead, a nuanced approach that balances fiscal prudence, economic growth, and confidence in the stability of the U.S. dollar is more advisable. Maintaining a healthy debt-to-GDP ratio is important, but it should be viewed within the broader context of a country’s overall economic and financial landscape. – Reef Insights

They are PURPOSELY collapsing America folks – pay attention, Gold is at record highs and is safe for your 401k so when the crash comes, you have peace of mind…. see below… Goldco – which has helped Americans with their 401Ks and retirement for years…. CLICK HERE or below

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ALL FIRE: Listen to this – the truth: Bannon is on FIRE 🔥🔥🔥 JUSTICE IS COMING! – this is what the Marxists fear…. and should – excellent clips – humor and even across the pond…  hey the Brit makes a point, are the idiot celebs going to leave now?


CNN: This election is something of an indictment on the political information complex. – Some celebrations – the clips to make you laugh and Robert Deniro cry….and America celebrate 🛑

Trump Wins, Sends ‘Trumpquake’ Through Washington – ZeroHedge

Breitbart News: Trump Towers – Kamala Defeats – Updates 0 Breitbart (Right)

Donald Trump defeats Kamala Harris to become the next U.S. president, NBC News projects – NBC (Left)

Alex Jones and Infowars Crew Toast To Trump Victory Now The Real Work Begins –  Video at X 

Best Humor Title: America Unburdens Itself From What Has Been – Babylon Bee

Best Analysis: Kevin O’Leary explains it all so well… fast clip on Why Dems had to lose to save this nationChoice

Breaking: Houthis Allegedly Surrender Hours After Trump’s Victory—Is This the Power Shift the World Was Waiting For? – Defiant America


Never forget folks – They tried their best to steal it. James O’Keefe exposes even more in Pennsylvania last night – time to clean this nation up. Choice

“Holy smokes! Literally nothing? Literally not one county?” Jake Tapper is absolutely SHOCKED by the map showing that Kamala didn’t outperform Biden in a single county. She’s a total loser! – fast clip at X 

Justice is coming – Mike Davis’ SAVAGE message for Jack Smith: “Right now you’re the hunter. After today, Jack Smith, you’re going to be the hunted: legally, politically and financially. So lawyer up, buddy!” – Fast clip

‘To all the election pollsters ‘ BLOW ME’ – Epic Meltdown by Jon Stewart – we are in the margin of blow me’ – lol – Fast clip

3 signs violence is about to explode in your neighborhood.

Homeland Security just issued this major warning!

Be prepared for anything, including lockdowns with your own Emergency Med kit – see Wellness Emergency Kit (includes Ivermectin and other essential drugs, guide book, much more… peace of mind for you and your family) 🛑 – Dr. McCullough’s company! 

Dr. Zelenko is the man who advised Trump on Hydroxy ..Here’s his recipe to keep immunity strong – Zelenko Z Stack

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