NATIONAL DEBT IS NOT YOURS OR YOUR CHILDREN OR YOUR GRANDCHILDREN

THE BIGGEST LIE EVER PERPETRATED ON THE AMERICAN PEOPLE BY THE CONSERVATIVES, CONGRESS, AND THE NEWS MEDIA IS TELLING THE AMERICAN PEOPLE THAT THE NATIONAL DEBT IS THEIR DEBT, THEIR CHILDREN’S DEBT AND THEIR GRANDCHILDREN’S DEBT. THIS IS ABSOLUTELY FALSE. THE GOVERNMENT’S DEBT IS THE GOVERNMENT’S DEBT AND NOT THE PEOPLE’S DEBT, AND THE GOVERNMENT IS IN A POSITION TO EASILY MANAGE THEIR DEBT.

CONSIDER THESE FACTS: THE TOTAL ASSETS OF THE U.S. ECONOMY ARE $213 TRILLION, AND THE NATIONAL DEBT IS $13.1 TILLION, WHICH IS ONLY 6.1% OF THE TOTAL ASSETS.
THE GDP DOES NOT GO BACKTO ZERO ON DECEMBER THIRTY- FIRST OF EACH YEAR, BUT EACH MONTH KEEPS ADDING TO THE ECONOMIC ASSETS OF THE U.S. ECONOMY. ARTICLE
1, SECTION 8, OF THE CONSTITUTION GIVES THE FEDERAL GOVERNMENT THE POWER TO BORROW MONEY ON ITS ASSETS, THE POWER TO TAX, AND THE
POWER TO CREATE MONEY.

HOW WOULD YOU LIKE TO OWE ONLY 6.1% OF YOUR ECONOMIC ASSETS , BE ABLE TO COLLECT TAXES FROM EVERYONE IN AMERICA, AND BE ABLE TO CREATE MONEY? THAT’S THE STATUS OF THE FEDERAL GOVERNMENT, WHICH HAS THE MEANS TO COPE WITH ANY FINANCIAL SITUATION.

IF YOU ARE LOSING SLEEP OVER THE NATIONAL DEBT AND THINKING THAT SOCIAL SECURITY AND MEDICARE ARE GOING BROKE, GO BACK TO SLEEP. THAT WILL NEVER HAPPEN. IF YOU WANT TO WORRY ABOUT THESE THINGS, DON’T WORRY ABOUT THE MONEY PART. ANY DEFICIT CAN BE MADE UP OUT OF GENERAL FUNDS.

THIS BIG LIE ABOUT THE NATIONAL DEBT STANDS IN THE WAY OF THE GOVERNMENT SPENDING AS MUCH MONEY AS IT SHOULD TO EDUCATE, TO PROVIDE EMPLOYMENT, TO HAVE UNIVERSAL
HEALTH CARE, TO KEEP A BALANCED MONEY SUPPLY AT ALL TIMES, AND TO INITIATE PROGRAMS TO PROVIDE GOOD HOUSING FOR ALL THE PEOPLE.

IN SUMMARY, YOU DON’T OWE A CENT ON THE NATIONAL DEBT, AND THE GOVERNMENT IS NOT BROKE BUT RATHER IT IS IN EXCELLENT SHAPE.

WE NEED TO TAX LESS, BORROW LESS, AND CREATE MORE MONEY.

THE CONSTITUTION Article 1, Section 8 The congress shall have power to lay and collect taxes, duties, impost and excises, to pay the debts and provide for the common defense and general welfare of the United States; to borrow money on the credit
of the United States; TO COIN MONEY, REGULATE THE VALUE THEREOF, AND OF FOREIGN COIN,
AND FIX THE STANDARD OF WEIGHTS AND MEASURES…

CONSERVATIVES STAND IN THE WAY OF PROGESSIVE IDEAS, RAILING AGAINST BIG GOVERNMENT AND TALKING ENDLESSLY ABOUT ELIMINATING ESSENTIAL PROGRAMS.
THE NEWS MEDIA SHOULD BE ASKING THESE PEOPLE WHICH OF THE FOLLOWING BIG GOVERNMENT PROGRAMS THEY WOULD DROP: THE ARMY, THE NAVY, THE AIR FORCE, THE MARINE CORPS, THE COAST GUARD, THE CIA, THE SECRET SERVICE, THE FBI, HOMELAND SECURITY, THE FDA, THE FAA, OTHER DEPARTMENTS OF THE FEDERAL GOVERNMENT, THE SUPREME COURT, ALL THE FEDERAL COURTS, THE INTERSTATE AND U.S. HIGHWAY SYSTEMS, THE POST OFFICE, MEDICARE AND MEDICAID, SOCIAL SECURITY, IRS, PUBLIC EDUCATION, AND THE HUNDREDS OF OTHER BIG GOVERNMENT INSTITUTIONS THAT HELP MAKE AMERICA GREAT AND WHICH WE CANNOT DO WITHOUT.