national debt Archives - TheTranscendenceDiaries

[This is Part 2 of a two-part post on this subject. Part 1 can be read here.]

Some Thoughts On Proposed Democratic Platform Policies

Let’s quickly explore some of the platforms and policies that we heard proposed in the last few days by the various candidates for the democratic presidential nominee. It should make for an interesting exploration of just how divergent viewpoints can be… even by those who share the same country and purported values…

But let us preface this with something important. Remember that we have two goals here: first and foremost, the goal (for many Americans, at least half of them) is to see Donald Trump lose the general election in 2020. So some of the reasoning that will be used in examining the issues will be based on what will best help achieve that goal. The secondary goal of course is to actually achieve some of these proposed policy objectives during the next presidential term, hopefully, for many, one occupied by a Democrat. But just to be clear, these proposed policy goals should not prevent the Democrats from achieving the number one goal, i.e. defeating Donald Trump (if that, as stated, is their number one overarching goal, and pushing him back into the private sector. If this is not accomplished, we will achieve NONE of these policy goals as a country and most likely continue to move backwards into more traditionally conservative and non-progressive territory, and continue to become more divided socially, politically and economically.

(Just for the record, to all my conservative and republican friends reading this, please remember, I’m more of a Trump defender and apologist than most that lean middle of the road or Libertarian, even some disheartened republicans that I know. You can’t claim I haven’t tried to be impartial, fair or open minded. I have. More than most. Though I applaud his achievements over the last two years, I just can’t get on board with his divisive often combative style of governing (if one can call it that) and do not believe that Trump is mature, stable or sane enough to be POTUS. The stakes are beginning to become too high. And let’s be honest, everyone is just far too upset and uptight due to his irrational unpredictability, often disrespectful hate speech, complete lack of knowledge of facts and history, shocking lack of knowledge about etiquette, diplomacy and protocol, questionable business ethics and surprisingly crazy antics. The country is an emotional hot mess, ready to tear itself apart any day — very reminiscent of the United States in the late 60s and early 70s. It’s just not worth it having this guy around, at this time, despite (what some may consider) his good intentions for the country. IMHO at least. There is someone out there who can lead just as effectively without so much drama and shenanigans. Less class clown and more valedictorian.)

So… Regarding all those proposed policies we heard bandied about this week…. It was a lot to take in. For anyone. Surprising the candidates did as good of a job answering the myriad questions tossed their way as they did. Well prepared they were. Especially Harris, Booker and Sanders. more “Making Sense of the First Democratic Debates – Proposals and Policies – Part 2”

CBS News revealed today that under Trump’s watch, the U.S. national debt tops $21 trillion for first time ever. Click here to read.

Twenty-one TRILLION dollars. That’s $21,000,000,000,000. A lot of zeros. The largest national debt in the history of human civilization.

To be fair, this has very little to do with Donald Trump. That’s just CBS playing politics as usual for clickbait. Trump hasn’t been POTUS long enough. Though some might argue that the historic tax break legislation that he and the republican led congress just passed helped contribute to this staggering imbalance (and will add even more to it down the road). But many will also jump out of their SUVs to blame Obama for it. And still others will point to the fact that the George W. Bush administration and their endless “wars on terror” are what really ramped up this new trend in American over-spending. All would be right.

Not that anyone likes thinking about this topic, but what I tend to contemplate a lot regarding the mind boggling National Debt figure above and its ramifications is that statistically we know that once a country’s debt reaches 60% of its GDP, that country historically plunges into a deep depression or even falls apart into panic and chaos, unless it institutes extremely painful “austerity” measures (think cutting back on spending for the most basic of people’s everyday necessities…). Which often leads to bloody revolts and revolutions.

(People generally don’t like starving. And more apt, humanity has reached a new era where many believe that they have a right to being taken care of by very big governments and they have deliberately voted in governments who do just that. (Think Socialism or Communism). And some might even point to modern day America as well. What are commonly referred to as “Entitlements” or “social welfare spending” has reached an epic sixty-some percent of the annual budget in the U.S. It didn’t always used to be this way. It doubles how much is spent on defense, for reference. (Although the U.S. still also manages to spend more on defense (think weapons of war and Intelligence) annually than all other nations on earth combined.)

Even when a country enforces strict austerity measures on its people for years at a time in order to try to pay down its debt, it still often presents numerous challenges to ever escape the clutches of the growing interest payments, it’s currency turns near worthless and it finds itself unable to end the death cycle. more “Does the National Debt Even Matter in the Age of American Empire?”

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Tag: national debt

Making Sense of the First Democratic Debates – Proposals and Policies – Part 2

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Does the National Debt Even Matter in the Age of American Empire?

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