US Government Debt

In the golden age of the 1920's, business was good. Businesses got richer. The poor got poorer. Workers got less every year. The US economy worked just the way God intended. We rewarded the winners and punished the losers. It wasn't the government's fault that the majority of Americans were hopeless losers.

Everything went horribly wrong. Germany and Japan went crazy and decided to loot , pillage, rape and murder the world. In 1929, the economy collapsed. The US government borrowed gobs of money to buy the US out of the depression and to bomb the Axis powers back into the stone age.

We eventually paid back the debt. From then on, the rule was that debt was for emergencies. In bad times, the US used debt to get out of trouble. In good times, the US paid off the debt so that we would have a line of credit that could bail us out of the next disaster.

In the sixties, there was a new disaster. The liberals took over. They running our country on their crazy liberal nonsense based on "all men our created equal" and "the poor are people too". This was obviously the greatest threat that our country has ever faced.

In the eighties, Republicans found the champion that our nation desperately needed, Ronald Reagan. He gave the US the gift of Supply Side Economic. This economic revelation taught that tax cuts for the wealthy (TM Republican Party) would grow the economy and the increase in tax revenues would pay off the debt caused by the tax cuts. He used that deficit spending and tax cuts fight back against the liberal insurrection.

Ever since the eighties, each new Republican president has doubled down on supply side economics and deficit spending. Thanks to Republican budgets, out national debt has climbed to the size of our nation's GDP. That is our total income of our entire country for one year. That's also the debt level we reached while fighting Germany, Japan and the Great Depression. Whoops, the deficits did not magically disappear. But Supply Side Economic has had the desired effect. The Republicans kept winning. The rich got richer. The poor got poorer. Working people were finally been put in their place.

Now, in 2020, we face some real problems. They are not nearly as based as what we faced in the 1940's, but they are still serious. We have Corona virus, a highly communicable virus that has shut down our factories, our restaurants and (gulp) our bars. People may have to stay home. This may cause a recession. For a country that lives from paycheck to paycheck, this is a disaster.

There is a simple answer, borrow our way out of this disaster and clean up the mess. After we recover, we can pay off the debt and get ready for the next disaster. There's just one problem. The big deficits that started in the 1980's when the US turned to supply side economics has already already spent the US up to our credit limit

This is why you should never vote Republican