T*********I
发帖数: 10729 | 1 灾难真来的时候，那都是一股脑儿地
Americans should be panicked by the $18 trillion national debt
With an over $18 trillion national debt, the United States has now exceeded
100 percent of its own gross domestic product and is threatening the
foundations of its own existence by creating an expansive entitlement state,
weakening national security and harming the American workforce.
Since the turn of the century, participation in government entitlement
programs has grown at a disturbing rate that America can simply not afford.
For example, SNAP, formerly and better known as food stamps, has grown to
about 45 million participants, a close to 200 percent growth of a 51 year-
old program in just 15 years.
In total, entitlement programs make up approximately 60 percent of all
federal spending, which is an alarming threat to America’s national
security.
By increasing government spending on entitlement programs, less money is
available each year in the federal budget to be used on defense spending.
Currently, less than 20 percent of the federal budget goes towards the
nation’s military.
And, on top of increased entitlement spending and a decreasing monetary
support for America’s national defense, the American workforce is
struggling more than most even realize.
While the nation’s unemployment rate is reported to be around 5 percent, it
is actually much worse than that.
When taking into account part-time workers, discouraged workers and the
marginally attached, America’s unemployment rate is actually about 11%.
So, what does this all really mean and should Americans be concerned?
Absolutely, Americans should be utterly terrified.
To put things in perspective, in order for someone to save $18 trillion
dollars by the time they are 80, they would have to save about $612 million
every day of their life.
Thus, if the American government had a surplus of over $1 billion every day
for the next 40 years, they would still not be able to pay off today’s
national debt.
Clearly, $18 trillion is not getting paid off anytime soon in America.
However, this doesn’t mean progress cannot be made toward lessening this
incredibly large debt. | a*****e
发帖数: 2503 | | d*****n
发帖数: 754 | 3 没人想还这个债。谁都清楚。
exceeded
state,
【在 T*********I 的大作中提到】
: 灾难真来的时候，那都是一股脑儿地
: Americans should be panicked by the $18 trillion national debt
: With an over $18 trillion national debt, the United States has now exceeded
: 100 percent of its own gross domestic product and is threatening the
: foundations of its own existence by creating an expansive entitlement state,
: weakening national security and harming the American workforce.
: Since the turn of the century, participation in government entitlement
: programs has grown at a disturbing rate that America can simply not afford.
: For example, SNAP, formerly and better known as food stamps, has grown to
: about 45 million participants, a close to 200 percent growth of a 51 year-
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