famala
Clarence
my brain is overloaded from too many high level ideas
Here’s why I’m voting for Trump, and why I believe any rational voter should consider doing the same. Inflation has been a significant issue over the past four years, and its roots lie in government overspending. When the government spends far more than it collects, it increases the money supply, and when this outpaces the growth of goods and services, inflation is the inevitable result. To curb this, we must reduce government spending. Currently, we are adding a trillion dollars to the deficit every 100 days, and interest payments on the national debt now exceed a trillion dollars—surpassing even the defense budget.
During Trump's tenure, the national debt increased by $7.7 trillion, including emergency COVID spending. However, it's important to note that about 15% of this debt was due to the Treasury's decision to maintain additional cash reserves during the pandemic. Former Treasury Secretary Steve Mnuchin borrowed over $1 trillion in anticipation of uncertain tax revenue, but these funds were never spent. In contrast, Biden not only spent that reserve but also borrowed an additional $7 trillion. Instead of letting emergency COVID spending expire, Biden and the Democratic Congress institutionalized multitrillion-dollar deficits.
Adjusting for changes in Treasury cash balances, the debt rose by $6.5 trillion during Trump’s term, but it has surged by $7.9 trillion in less than four years under Biden. The Treasury has recently announced plans to borrow another $800 billion from July through September, with more borrowing expected in the final quarter of the year. Altogether, Biden's tenure is likely to result in a net debt increase of over $9 trillion—a record for a single term.
Biden’s administration attempted to spend an additional $2 trillion in the last year and a half, but conservatives in the House blocked this proposal. However, if the radical left gains control of the White House and Congress in 2024, this $2 trillion outlay will likely be at the top of their legislative agenda.
Biden’s claims, supported by the CRFB analysis, that extending Trump’s tax reforms will exacerbate the national debt are misleading. In fact, federal tax revenues have increased since these reforms were enacted, and federal revenues as a share of GDP have remained steady. The surge in national debt is entirely due to unchecked federal spending by both parties. While Trump also overspent, Biden’s policies are setting America on a path to fiscal ruin, with the national debt projected to reach $50 trillion if he is re-elected. Kamala Harris, if elected, is likely to continue or even worsen these policies.
A vote for Kamala is a vote for more inflation, excessive spending, and rapid debt accumulation. We cannot continue to accumulate debt at this rate; it’s imperative that we address this issue before it spirals out of control. This is why I believe we need to elect an administration that will prioritize conservative spending, as Trump has pledged to do.
Some may hesitate to vote for Trump due to concerns about his stance on abortion, LGBTQ issues, or the felony charges against him. However, Trump has clarified that he supports leaving abortion legislation to the states, a position I agree with. He is not anti-LGBTQ, but rather opposes biological males competing in women’s sports and believes children should not undergo gender transition treatments until they are of legal age—a viewpoint that also resonates with me.
my brain is overloaded from too many high level ideas
Here’s why I’m voting for Trump, and why I believe any rational voter should consider doing the same. Inflation has been a significant issue over the past four years, and its roots lie in government overspending. When the government spends far more than it collects, it increases the money supply, and when this outpaces the growth of goods and services, inflation is the inevitable result. To curb this, we must reduce government spending. Currently, we are adding a trillion dollars to the deficit every 100 days, and interest payments on the national debt now exceed a trillion dollars—surpassing even the defense budget.
During Trump's tenure, the national debt increased by $7.7 trillion, including emergency COVID spending. However, it's important to note that about 15% of this debt was due to the Treasury's decision to maintain additional cash reserves during the pandemic. Former Treasury Secretary Steve Mnuchin borrowed over $1 trillion in anticipation of uncertain tax revenue, but these funds were never spent. In contrast, Biden not only spent that reserve but also borrowed an additional $7 trillion. Instead of letting emergency COVID spending expire, Biden and the Democratic Congress institutionalized multitrillion-dollar deficits.
Adjusting for changes in Treasury cash balances, the debt rose by $6.5 trillion during Trump’s term, but it has surged by $7.9 trillion in less than four years under Biden. The Treasury has recently announced plans to borrow another $800 billion from July through September, with more borrowing expected in the final quarter of the year. Altogether, Biden's tenure is likely to result in a net debt increase of over $9 trillion—a record for a single term.
Biden’s administration attempted to spend an additional $2 trillion in the last year and a half, but conservatives in the House blocked this proposal. However, if the radical left gains control of the White House and Congress in 2024, this $2 trillion outlay will likely be at the top of their legislative agenda.
Biden’s claims, supported by the CRFB analysis, that extending Trump’s tax reforms will exacerbate the national debt are misleading. In fact, federal tax revenues have increased since these reforms were enacted, and federal revenues as a share of GDP have remained steady. The surge in national debt is entirely due to unchecked federal spending by both parties. While Trump also overspent, Biden’s policies are setting America on a path to fiscal ruin, with the national debt projected to reach $50 trillion if he is re-elected. Kamala Harris, if elected, is likely to continue or even worsen these policies.
A vote for Kamala is a vote for more inflation, excessive spending, and rapid debt accumulation. We cannot continue to accumulate debt at this rate; it’s imperative that we address this issue before it spirals out of control. This is why I believe we need to elect an administration that will prioritize conservative spending, as Trump has pledged to do.
Some may hesitate to vote for Trump due to concerns about his stance on abortion, LGBTQ issues, or the felony charges against him. However, Trump has clarified that he supports leaving abortion legislation to the states, a position I agree with. He is not anti-LGBTQ, but rather opposes biological males competing in women’s sports and believes children should not undergo gender transition treatments until they are of legal age—a viewpoint that also resonates with me.
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