Thursday, February 15, 2018

A Million A Minute

So turn on the TV one more time
And see that everything is fine
--Flesh for Lulu

Judge Nap reprises Rand Paul's recent calculation. The budget deficit since 2016 has the federal government borrowing at the rate of $1 million/minute. With the recently passed spending bill, the deficit is forecast to widen at least $5 trillion over the next three years. This will push the borrowing rate up close to another million a minute.

As such, Judge Nap suggests that the greatest threat to liberty in this country is not some external entity such as Russia or ISIS. It's debt.

Rand Paul adds that, once voters wrap their heads around the enormity of the problem the the GOP-led spending bill has exacerbated, incumbent Republicans should not be surprised if they are tossed out on their ears in upcoming elections.

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