In Just 14 Months, Trump Has Managed to Destroy America’s Economy For Several Generations to Come
Op-ed by TheWiseOldFart
America is broke. The National Treasury just declared the
United States “insolvent.” It’s a simple word which when used to describe a
nation’s economic status, it is devastating.
What does it mean to be insolvent?
1: having ceased paying or unable to pay debts as they fall
due in the usual course of business compare bankrupt. 2. : having liabilities
in excess of a reasonable market value of assets held.
If you have been following Trump’s wasteful and moronic
spending, you are not surprised. In 2025, Trump added more than four trillion
dollars to the national debt while reducing taxes for the super-rich.
HOW BAD IS IT?
My wife and I carefully manage our finances every month. We
are retired, on a fixed income, and that fact combined with Greedflation and
Trump’s ill-advised tariffs, make our very existence difficult to say the
least.
To survive, every country must do the same thing. However,
when your leaders in Washington are as corrupt and incompetent as those
enjoying their lives of luxury and privilege on Capitol Hill today, and led by
an illegitimate president who has no idea what the fuck he is doing, disaster
is imminent.
Sorry, not sorry, Donny boy, but here is the truth, which
reveals irrefutable facts proving you are by far the worst president in
history.
The Treasury Department’s latest numbers.
$6.06 trillion in
total assets against $47.78 trillion in total liabilities as of September 30,
2025.
I know it is nearly impossible to understand what an
enormous number 47 trillion dollars looks like. Here’s a visual.
$47,078,000,000,000.00.
The important fact is, this huge difference will not and
cannot be rectified in this century, and most likely not in the next.
TRUMP’S PERSONAL SPENDING IS A HUGE PART OF THE PROBLEM
The lowest estimate of Trump’s wasteful spending in 2025 was
a little more than 10 million dollars every month. His golf excursions combined
with his unnecessary trips to his millionaire’s and billionaire’s playpen, I
call “the Lago,” account for most of his illegal use of taxpayer dollars.
When he traveled to Scotland to open a new golf course, you watched
more than ten million dollars flushed down the drain.
Every month the orange buffoon finds additional ways to
place America deeper in debt.
ALTERNATIVE FACTS?
If you believe in facts instead of fiction, you remember that
when he was evicted from our White House on January 20, 2021, America was swiftly
moving towards a second Great Depression. Most of this was based on his failure to lead the fight
against Covid-19. Over one million Americans lost their lives. If he had taken
action in December of 2019 when he first learned about the approach of a health
emergency, at least 10 percent of those lives could have been spared.
I leave you with another fact. Trump’s War against Iran is
costing taxpayers more than one billion dollars each day.
By the way, the mainstream media failed to report this
story, proving they are all supporters of the worst man on the earth.
Op-ed by James Turnage
Follow my blog and be informed
My 10 novels are available on Amazon’s free Kindle app
Sources: finance.yahoo.com: The Treasury just declared the
U.S. insolvent. The media missed it
.jpg)
Comments