If you’re gonna go out, go out with a bang! At the start of June, the national debt was $31.7 trillion. Now it’s $33.4 trillion. That means we’ve added almost $2 trillion to our national debt in three months.
It’s the biggest debt in the history of the world and it’s never going to get paid off. Our debt spiral is over and we can only keep prolonging the pain. If we keep adding more debt at this rate, we might be able to prolong our never-ending party for a bit longer.
As for the future that our kids and grandkids should have, we blew that up a while ago, so it doesn’t matter anymore.