united states real debt
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UNITED STATES GOVT. ACCUMULATED$18 TRILLION IN DEBT!
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NO WORRIES $18Trillion
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NO WORRIESCongratulations!
YOU DON'T NEED TO WORRY ABOUT IT
To the United States Govt. for just accumulating $18Trillion in debt! But no worries let's look at some of the
biggest reasons why .
$18Trillion
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THEY CAN GET IT UNDER CONTROLLIE
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Economy is doing good Our debts are decreasing
JAN1991
LIE
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What a massive lie. Politicians have been saying this for decades. The last time the US debt
ACTUALLY DECREASED WAS
1957!!!
Economy is doing good Our debts are decreasing
JAN1991
LIE
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mandatory entitlement programs and interest on the debt
REVENUE
FACT 1
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FACT: the last several years the US government has been spent 90% of tax revenue just ot pay for mandatory entitlement
programs and interest on the debt.
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THIS IS PROBABLY THE BIGGEST LIE OF ALL
" The debt doesn't matter because we owe it to ourselves."
The federal government owes this money
LIE
FACT 2
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DEBT
Two of the Social Security trust funds alone own $2.72 trillion of US debt.
$2.72 TRILLIONDEBT
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How is it somehow 'better' if the government defaults on
its citizens as opposed to, say, banks? WWW.PREZICHEF.COM
FACT 3
NO THEY CAN'TJUST LOOK AT THE NUMBERS
"They can fix it by raising taxes"TAXLEVEL
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END OF WORLD WAR IIUS government tax revenue
17%
Since the end of World War II, US government tax revenue has consistently
been roughly 17% of GDP.WWW.PREZICHEF.COM
TAXLEVEL
GDPThey can raise tax rates, but it doesn't
move the needle in terms of revenue as a percentage of GDP.
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This isn't about any single person or President.
This isn't about any single person or President.
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The problem is with the system itself.
DEBTDEBT
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BUT AGAIN, PLEASE TELL MEWHO IS THE WORLD IN DEBT TO ?
BROUGHT TO YOU BY
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