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The time is now 2:27 am
You last visited
April 18, 2024, 2:17 am
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Don't Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase
Published:
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Don't Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase
Comments
Currently 800,000 non essential employess currently gone save the government $1,000,000,000.00 per week.
Cut the corporate subsidizes to zero.
how long does the government shutdown have to last to bring the total debt to $0.00?
The Government brings in roughly $250 billion per month and it cost $18 billion to service the debt. Under our law, this is the first thing that gets paid not Social Security, not Medicare or welfare.
I wish someone in the media would simplify this to the low information/intelligent people who believe everything they hear from the Administration and mainstream media.
This is about as simple as I can explain it:
By deducting 9 zeros from the parameters involved, we would be looking at someone(US Government) who brings in $250 per month and the monthly minimum on their maxed out $17,000 credit card bill is $18.
If this were a regular citizen, what do you think the chances are that his/her bank will increase their $17,000 credit line when they are only bringing in $250 per month(3k per year) ?
This Government needs to cut back on it's spending and stop playing games in order to increase their credit line.
$17,000,000,000,000 is 17,000 $1billions @ 1 billion per week
To bring down the debt to zero that would be roughly 17,000 weeks at 52 weeks per year means 327 years. In a linear fashion....maybe sooner if you do a derivative my guess would be roughly half like 160 years.
The govt needs to shut down for btwn 160 and 327 years and not create any more debt.
This was done w/o paper or calculator there is no guarantee on these numbers...HA!
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