Tuesday, April 10, 2018

"SWAMPONOMICS" Exposed - How Much Do YOU Owe?


... for even more gory details!


America is $21 Trillion in debt, with only 326 million citizens, only 104.5 out of the alleged eligible 206.5 million who are actually employed.

As of May 2017, the number of working age Americans without a job increased to just a shade under 102 million.


What is this "working-age population of America"?

Apparently, it's those from between the ages of 15 to 64:

"The working age population is defined as those aged 15 to 64. The basic indicator for employment is the proportion of the working age population aged 15-64 who are employed. The age dependency ratio is the ratio of dependents (people younger than 15 or older than 64) to the working-age population. This indicator is measured as a percentage of population."


So that means that the rest are dependants - too old, too young, or too unemployable in today's economy, who have to be carried by the 104.5 million who actually work.

Let's do the math:

$21,000,000,000,000 debt, divided by 104,500,000 actually working people, = $200,956.94 each.

This is expected to double in 10 years, by 2028.

Average income? The U.S. Census Bureau reported in September 2017 that real median household income was $59,039 in 2016, exceeding any previous year.

How much can the average working American afford to put aside to pay off that $200,000 debt in the next ten years, before it doubles?! And even that estimate is presuming that government spending doesn't increase at all in that same time frame LOL!

You figure it out.


I've seen how libtards try to dodge these debt facts, too - they say "well, that $21 trillion is still only a tiny part of the GNP or GDP - but it isn't, because the GNP and GDP is only $18.6 Trillion, so the debt exceeds yearly income! 

Therefore, they next try to compare the government's yearly budget DEFICIT with the overall GNP/GDP in stead, claiming that since it is only $1 Trillion per year, nobody should worry - except that, like I just pointed out, the overall DEBT exceeds the yearly income for the whole country, while the government's deficit is still 5% of the COUNTRY's spending, not merely the government's spending! 

And of course when the government runs a deficit, it's spending outstrips its income, too - by $1 Trillion a year, or by another $9,570. per working person per year - so they run up YOUR credit cards by ANOTHER ten grand each and every year that they are allowed to remain in office! 

Now that's "swamponomics!" 

AND, it's really even alot worse than that! For the real horror story, check out these sites, too:
Americans owe over $21 trillion, AND have $112 trillion in unfunded liabilities, and most Americans don’t have $1,000 in savings.

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