The National Debt Crisis Should be the Top Issue in our Elections
Lynn Woolley at the U.S. Capitol on 6.21.2020 (Photo by Julie Sullivan for WBDaily)
The biggest crisis in America is likely the National Debt. Yes, I know about the open border and climate change, and the breakdown of the traditional family. But the propensity of politicians to spend money we don’t have may very well be the crisis that ends American exceptionalism.
As of October 31, 2024, the US national debt has almost reached $36 trillion.
That’s nearly $107,000 for every man, woman, and child in the U.S. Civilizations have crumbled due to debt, and we’re not immune.
It wasn’t a big issue in the recent presidential campaign. Why not? Because Trump didn’t seem concerned with it and Harris was making promises to spend more money on down-payment subsidies and child care.
And because politicians don’t get votes by promising to spend less money. That needs to change.
AUDIO: Random Samplings of a Logical Mind
America has a “what are you going to do for me?” mentality.
This is bewildering. The black community wants to know. So does the Hispanic community, the Asian community, the Jewish community, the business community – you name it. If I vote for you, what are you going to do for me?
RELATED: The Federal Government is Too Big, Too Bloated, and Too Powerful
Some of us work in business or organizations that ask the same question. Public Schools come to mind. I can only imagine that many teachers vote for Democrats because they believe that party will allocate more money to schools.
Video: 1975, Ronald Reagan warns Johnny Carson and the nation, and no one listened.
Have you ever heard a politician brag about how much money he or she did not spend? Me neither. It’s all about that pedestrian bridge that your congressman got funded, or some federal grant to the city to build a parking garage, or whatever.
In fact, one of the most popular columns we’ve posted on WBDaily was about Central Texas Congressman John Carter who claimed to be a debt hawk, while his newsletter bragged about the millions of dollars in pork he brought back to his district.
RELATED: Congressman John Carter spends millions while cutting spending
Carter is not alone. When a city comes to him and describes some need, he goes back to Washington and ties to sneak the money into a spending bill – maybe one of those giant omnibus bills that we seem to get stuck with. What if carter – and dozens of other members of Congress – said, no; we can’t afford that spending? None of them would get reelected because the powers-that-be in our cities, counties and schools would see to it.
Bring home the bacon, or we’ll send you home.
Thank God for Elon Musk.
Let’s hope the new administration will listen to Musk, who claims he could find $2 trillion to cut out of the annual budget. That would be a good start.
Video: 10/27/24 Musk says he can trim $2 trillion.
We’ve got to start making the Military lean, mean, and fearsome with less money. Somebody has to touch the Third Rail and reform Social Security and Medicare. But who? No one will touch these entitlements.
Meanwhile, we slide into deeper debt by the second, and America slides closer to annihilation. Oh, but we must deal with climate change, we are told by the Left. First, we must get our fiscal house in order.
We’re already seeing the seeds of financial destruction.
Biden and Harris (and Trump in the Pandemic), spent stimulus money to keep us afloat while they shut down the economy. That’s why we have rampant inflation and high consumer costs. With every dollar we print and push out into the economy, the less each dollar is worth. That’s why your Biden/Harris buck won’t buy as much as your Trump buck used to. That’s economics 101, but most politicians don’t care.
RELATED: From College to Kindergarten Your Tax Dollars at Work (PODCAST)
Most don’t care, but some do.
People like Sen. Rand Paul (R-KY) and U.S Rep. Chip Roy (R-TX) seem to get it. We have the constant fiscal cliffs where the Democrats blame Republicans when the government shuts down, or gets to the brink, and yet the small cadre of congressmen and senators who risk their careers to slow the spending are correct.
Video: 3/7/24 Rep. Chip Roy asks “at what point will we get serious?”
Video: 6/1/23, Sen. Rand Paul says we must cut everything.
Already, about 13 percent of the federal budget is going to pay the interest on the debt. That’s the third largest category of spending and is more than we spend on our Armed Forces. We need more heroes in Washington to say: if we don’t have it, we can’t spend it. We need more officials at the local level to stop begging for federal money. We must stop the practice of taxpayer-funded lobbying for cities, counties, and schools.
May we please add spending and the National Debt to our Top Ten list of issues?
The top three issues in the election have been (in this order), rampant inflation, the open border, and abortion. Government spending rarely made any Top Ten lists. And yet, the old left-wing bugaboo of climate change is always looming out there somewhere in the future to kill us all. The National Debt crisis is here now, and it will destroy us more certainly and quicker than climate change ever could.
Lynn Woolley is a Texas-based author, broadcaster, and songwriter. Follow his podcast at https://www.PlanetLogic.us. Check out his author’s page at https://www.Amazon.com/author/lynnwoolley.
Order books direct from Lynn at https://PlanetLogicPress.Square.Site. Email Lynn at lwoolley9189@gmail.com.
If you’re going to spend, spend it on this book. By the way, Stitches in Time has received 5-star reviews online. You could be our next reviewer.
