A Debt-Free America
Copyright © M7 2017
While everyone
is against President Trump’s
policies, there is a larger issue he is
fixing – the National Debt and
trying to balance a Budget from the spend-crazy Obama Administration. To fix the Debt is to stop paying for items
you can live without, or until you have a surplus. To date there are no reported Recessions in
USA; when Obama was President, expect one every 4 months. Speaker of the House JB said “Washington DC
doesn’t have a revenue problem, we have a spending problem.” Spending money that the State does not have (i.e. on Credit) is
what causes Debt. To cure this, slash programs that add to
debt. Spending money sometimes
circulates the Economy but only if Citizens actually spend it and not save it.
Health Care subsidies, Welfare/Social Security, Foreign Aid (Puerto Rico
for example), limited National Disaster funds, lobbied technology upgrades,
Humanities (Arts and Sciences), Foreign Military support (NATO), and other
non-income generators tend to fill the debt.
Having countries that rely on US Military Aid pay the US Government for
intervention will relieve this. Temporarily ending extended health
benefits may reduce debt and spending. Ending spending on unnecessary items
will reduce debt. Sometimes you are
given a new technology that looks important or good for the country so you add
it to the Budget; but next Budget year you have less revenue available for it,
so you have to think what is more important? Do you slash existing programs to
pay for the Wall or slash the Wall itself to pay for the Budget? Obama’s answer
was to keep both and spend it on Credit, adding to the Debt, thinking a surplus
was coming that would pay for it. Clinton
had a surplus (via UEIR), and Bush Jr. believed surpluses would continue so he
spent it. Then he started 2 wars and
paid for them with credit. Obama
continued this and added more debt. By the
time Trump became President, the National Debt blossomed to over $20 Trillion
USD. Budget deficits are reduced from
less government spending. Americans need
to comprehend how governments function.
Trump is a businessman and so comprehends how to balance a Budget. Let him at least try to. Debts owed the UEIR are included in the
National Debt, and so are other nations.
The UEIR is not the IRS – we wouldn’t
take your White House or US Capitol Building to pay the Debts owed us. That is not to say others won’t.
© M7 2017
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