Americans have become oblivious to the reality of how the federal debt is their money. Americans have isolated themselves so deep into their own little worlds that they are no longer able to see the big picture. Many live under a rock and cannot connect the dots outside of that world. American taxpayers better start waking up. Every one of us pays taxes in some form; sales taxes, real estate taxes and income taxes are the obvious ones. Taxes are no more than the politically correct way for the government to steal your money; and they do it with such ease. Politicians create the federal debt and tax payers pay it off through taxes. Wouldn’t that be nice if you could have someone else pay off your debt like the politicians do. Ain’t happening. Politicians are special, you’re not. Politicians get to spend your money and turn around to have you pay it off.
9 Reasons To Care About The Federal Debt
If you can relate to any of the 9 situations listed below then understand that the federal debt directly and indirectly impacts you.
- Live in a structured dwelling, apartment, condo, townhouse or single family home
- Drive an automobile or take public transportation
- Eat food
- Go to school
- Go to work
- Get sick
- Have children
- Have elderly parents
- Hope to stop working some day (retire)
The federal debt impacts the cost to buy or rent a dwelling. The federal debt kicks inflation up. Inflation affects the cost of home and auto loans due to higher interest rates. Inflation also increases the cost of public transportation, food prices, the cost of clothing, school loans, tuition, medical and dental costs, elderly care. Inflation that is caused by the federal debt even trickles down to jobs. If companies cannot afford the increased costs of goods and services, health care and employee benefits guess what they are forced to do…lay off workers. If Americans would start to understand that the federal debt affects everything they do maybe they will start taking it more seriously. If the American people do not start forcing politicians to stop spending someday we will all be working to just pay the federal debt instead of working to build a better life for ourselves and our families. The more money that our politicians spend the less you have left over to spend. Is that fair?