TheWiseOldFart

Op-ed by TheWiseOldFart Americans are stupid. They must have the latest I-Phone, the most expensive car, the biggest house, have their children attend the most prestigious colleges and universities, and more recently have their food delivered rather than cook for themselves. The citizens of the United States are the most wasteful people on the planet. However, compared to our government, we are all misers. With Trump as your illegitimate president, the national debt is rising as fast as the Atlantic Ocean, a result of climate change. His failed fiscal policy is a disaster and has made America the poorest country in all developed nations. OUR GREAT GRANDCHILDREN ARE ALREADY IN DEBT The national debt is over 39 trillion dollars and rising. Between 2017 and 2021, Trump added 4 trillion dollars to the national debt. During the first year of his second term, 2025, Trump added a whopping 2.2 trillion dollars to the deficit. At the same time, his 989 oligarchs/billionaires, an increase of 87 ...

Op-ed by TheWiseOldFart In 2015, as Trump held one of his first hate rallies, he told his cult, “I love war, even the nuclear kind.” He also told the truth for one of his very few times in his then 69 years: “I love spending other people’s money.” He’s doing a damn good job of wasting your tax dollars in 2026. TRUMP CLEARLY FAILED EVERY ECONOMICS CLASS HE FAILED TO ATTEND It was our third President, Thomas Jefferson who said: “Never spend your money before you have it.” In 2025, America’s income was about 5.23 trillion dollars. The national debt rose to $38 trillion. Trump’s War is costing taxpayers more than one billion dollars each day, and there is no money in the national treasury to cover that huge waste of taxpayer contributions. Do you think the super-rich, who benefit financially from wars, should pay their fair share? Trump is demanding Congress approve a 2027 budget of more than 1.5 trillion dollars. None of it will go to the American people, A huge part of that unfathomable ...

    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 corru...