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Honest.Dem

(30 posts)
1. First....
Tue Aug 23, 2016, 08:52 AM
Aug 2016

Here's your link to the debt clock http://www.usdebtclock.org/current-rates.html

Well, the numbers don't lie. We owe what we owe, and yes, it's twice the amount now. But it's not like the original 10-Trillion was of no consequence, and where did that come from? Much of it was created by Republicans. Both sides have irresponsibly borrowed money and all of us and our children and grandchildren will have to pay it back.

What many people don't consider is that in order to prop up this economy, Central Banks have printed all of that money and in doing so, depleted the value (spending power) of the savings accounts of millions of senior citizens, who were depending on their hard-earned savings to get them through their retirement years. You cannot print money without consequences to the value of the already existing dollars in circulation! In short, the CB's have robbed seniors!

In short, politions on both sides have been very poor stewards of the trust we placed in them to handle the finances of our country responsibly.

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