I’m not quite certain when I last wrote about the national debt, but since it was when Barack Obama was president we can be assured it was some time ago.
This past week Sen. Rand Paul was excoriated by any number of people and organizations for insisting that the Senate discuss the 9/11 Victims’ Compensation Fund within the framework of our overall spending.
To my way of thinking that was a perfectly logical - and fiscally responsible - request. But that doesn’t seem to be the style in Washington, D.C., any longer. The final bill that has been or will be voted upon purportedly fully funds this victims’ compensation fund until the year 2090!
I have nothing but sympathy for these victims; I do, however, wonder about the status of Social Security, which is certainly not fully funded. I also wonder about so many other economic issues and situations that are confronting our country at this very moment.
The prime economic and social crisis is illegal immigration (now called migration by the left and the media - oops, that’s even redundant). Health care insurance affordability is certainly still far from satisfactory and now the cost of many critical medicines and prescriptions has climbed steeply without satisfactory reasons or explanations.
The country has experienced some significant weather phenomena that continue to affect large portions of the country. Besides the flooding and damages from severe weather, many farmers have been late in planting some crops in certain areas and may not be planting at all - causing food prices to rise well beyond the normal rate of inflation.
The national debt clock as I write this is moving so fast I can’t quite keep up with it, but I quickly wrote down a figure - $22,592,884,600,750 and climbing. The current national budget deficit for this year is over $1 trillion.
To put it in perhaps more understandable numbers, the current debt per citizen is $68,377. That doesn’t appear to be alarming unless you look at the debt total per taxpayer and now you’re looking at $183,000 and change.
Closer to home, the Minnesota state debt total divided by our population works out to $9,192 per person.
Think of the interest the government is currently paying to service the debt. This fiscal year the federal government has already shelled out $9,613 per citizen in interest alone.
The issue of illegal immigration has been around for at least 50 years, probably more. And while many presidents, senators and representatives vowed to fix the problem, nothing concrete was actually implemented. And now we are paying the piper in so many ways.
People have talked and talked about the national debt and the need for fiscal responsibility; but likewise not much concrete has actually been done to fix the problems.
Last time I checked, the only money our government has comes from the citizens. So you know who will be left holding the bag.
Can you hear the piper?
That’s the way I see it.