Government Spending has Become Insane

Our gremlin in chief is currently playing chicken with the House Republicans over the national debt limit. The House wants some fiscal constraints and the Dems want unlimited borrowing. There’s a great deal of talk about what a default on our debt would do to the economy — most of it speculative. However, there’s little talk about the insanity of continually borrowing money with no plan to pay it back.

Our current national debt stands at a whopping 31.8 trillion dollars. As if that isn’t bad enough, Congress wants to increase it by another 1.5 trillion dollars or so. They have no choice, you know, because they have some Christmas shopping to do for their favorite constituents. Better to just put it on the credit card than curtail the kid’s wish list. 

The numbers that our “public servants” are tossing around are so staggeringly high they’re difficult for mere humans to actually grasp. The debt that our representatives are proposing is a 33 with twelve zeros behind it. If we were to stack 100-dollar bills (in a stack, not end to end), 33 trillion dollars would be a stack 23,000 miles high. That’s a pile of 100 dollar bills almost high enough to wrap around the Earth.

Putting that debt in more personal terms, it represents $94,000 of debt for every man, woman, and child in this country. This is debt for which we – average working Americans – must pay the interest. We pay that interest through our taxes taken out of each and every paycheck. That means that an average family of 4 is making interest payments on $376,000 of US debt.

Given that the average US home price is only $270,000, it means that the average family is paying more for the government’s debt than they are for their own home. The average family of 4 is essentially making payments on a small house for themselves, and a big house that our congress decided to buy. The average family’s taxes could go down nearly $2,300 dollars per month if they weren’t supporting this national debt.

But the interest on the debt is not even the worst thing about our government’s spending binge. Deficit spending creates inflation – which lowers the value of our money. When the value of the dollar goes down, the buying power of our money goes down as well. As prices go up, our money doesn’t go as far. The consumer price index (CPI) is currently at 5% and it is rising at almost .4% per month – and that’s before congress opens its 1.5T dollar Christmas stocking. If the CPI reaches 10% (as it did in the late 1970s), each family will need to make up a 10% shortfall in their own budget. If living expenses (food, fuel, clothing, and shelter) for that family are around $4,000 per month, they’re going to need to come up with an additional $400 per month to cover the rising price of essentials. That’s the equivalent of an extra car payment each month.

Our hypothetical family is going to need to make some hard choices about where to come up with that extra 400 bucks each month. But they’re still going to be on the hook to pay their portion of the interest on the national debt – which is the equivalent of an extra house payment.

There’s a huge debate going on in Washington about the proper amount of annual government budget growth. The Republicans want budget increases limited to 1 percent per year. The Democrats want unlimited increases. Until we address the national debt, the correct number is zero!

It’s time for some serious fiscal restraints on our “public servants.” They’re clearly incapable of exercising any restraint on their own. We need an Article V Convention of States to Constitutionally impose boundaries on our misbehaving representatives.

Author Bio: John Green is a political refugee from Minnesota, now residing in Idaho. He has written for American Thinker, and American Free News Network. He can be followed on Facebook or reached at This is an update of an article which first appeared in 2021.

If you enjoyed this article, then please REPOST or SHARE with others; encourage them to follow AFNN. If you’d like to become a citizen contributor for AFNN, contact us at Help keep us ad-free by donating here.

Truth Social: @AFNN_USA
CloutHub: @AFNN_USA


Similar Posts by The Author:

1 thought on “Government Spending has Become Insane”

  1. Our public servants forget (or don’t care) that we are the public and they are the servants. It’s easy to spend other people’s money, never your own. We have come so far from what our Founders envisioned.

Leave a Comment