The likelyhood that we won’t need more debt to pay for items that we just must have is zero. We are paying at this time 400 billion on just the interest on the debt . The sad truth is that in 1980 just a short 42 years ago, our debt total was 900 billion dollars other words, we could pay the national debt almost entirely off with just two years of interest payments; how insane has our government been in the last 42 years.

Our forefathers had economic restraints, realizing that opening up a pandora’s spending box has no end until failure. The catch-22 cycle is the interest payment on the debt money, increase in spending makes the money worth less and less, so in essence, 100 dollars becomes 20 dollars in value.

A story of friend;

I met a person years ago from Venezuela who worked his life away and put away 250 thousand Bolivars into his savings. This was more than enough money in this time frame, with his retirement, to pay for his little apartment to live comfortably until death. Socialist leadership, in a few short years, his money was gone, and he had to move into a government hell hole, spend the rest of his life broke, and suffer just to eat. The rent on just his apartment for a month was more than what his entire savings were before. In the beginning, he talked of the greatness of the socialist government, but in a few short years, he realized his country was doomed. Good intention don’t equal good result!

“BAD DECISIONS MADE WITH GOOD INTENTIONS ARE STILL BAD DECISIONS.” JAMES C COLLINS