Thomas Massie Reminds Us of D.C’s Financial Irresponsibility

By
Jose Nino
-

It’s no secret that Washington D.C. has given up on fiscal sanity.

But there are still elected officials who do their best to try to keep our fiscal house in order.

Thomas Massie is one of them.

In a tweet on November 27, 2019, Massie highlighted D.C’s fiscal negligence over multiple decades.

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He tweeted, “The national debt has been doubling every 10 years: ‘89 $2.9T ‘99 $5.7T ‘09 $11.9T ‘19 $23T At this rate, in about 20 yrs, the debt will be about $100 trillion. In the absence of something cataclysmic, many will be as numb to $100 T as they are to $23 T. This can’t end well.”

These numbers show how oblivious both parties are to the fiscal reckoning that’s coming to America.
They behave like the proverbial teenager with the brand new credit card and spend beaucoup bucks on domestic transfer schemes and never-ending wars.
The U.S. has been in a dominant geopolitical position since World War II which has allowed it to have the world reserve currency and export its inflation to other countries across the globe.
However, all good things must eventually come to an end.
With the deficit at $984 billion in the fiscal year of 2019, America is now at a tipping point.
It may behoove our “enlightened” overlords to listen to those pesky fiscal hawks like Thomas Massie or Senator Rand Paul.
Our posterity would greatly benefit from it.

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