What I'm about to say is flat out disgusting. If you just ate your breakfast, you may want to observe caution over the next five minutes. Now before I tell you this, keep one thing in mind: Republicans control all three branches of government.
Here we go. It's October, which means the fiscal year has officially ended, so that means the debt numbers are in. Brace yourselves for impact. The federal debt has increased by over $1.2 trillion. Total federal debt is now over $21 trillion and rising. The $1.2 trillion increase is the sixth largest debt increase... in the entire history of the United States.
This debt increase, again under Republican control, is larger even than many of the years under the Obama administration. It's nearly the same as during 2011 and 2012, and larger than 2013, 2014 and 2015. If every single worker in the United States, roughly just over 155 million, donated $130,000 dollars… it still wouldn't totally pay off the debt. But even if they did, at this rate, we'd be right back to where we started in under two years.
There are only two parties right now and neither stand for fiscal responsibility. How long are we going to continue to vote for people that clearly do not care about record amounts of debt? We're showing them that they can continue to behave in this manner without any consequence whatsoever. Democrats have successfully moved the window so far to the left that the GOP — the FORMER party of fiscal accountability — seemingly sees no issue at all with an annual trillion plus dollar debt. It's now standard fare!
If it's this bad now, how much worse will it get next month if the "blue wave" occurs? Compound that even further if — God forbid — a Bernie Sanders or Kamala Harris becomes president. The agenda the New Left wants to get done will cost over $40 trillion! We're already at record spending levels.
Democrats have slid so far to the left, they have no intention of reigning this in. Republicans, likewise, refuse to do anything about it. A debt bubble explosion is primed to explode. It's no longer a question of if, but when.