The Imminent Bankruptcy of the US Government

9 November 2023

The U.S. government’s financial situation is bleak with soaring debt and entitlements that the nation cannot afford. Misguided policies have led to increased dependency, eroded personal responsibility, and put the country on a path to economic collapse. Defense spending inflates the budget without clear benefits, and the massive national debt, exacerbated by rising interest costs, is unsustainable. Without radical and politically unviable reforms, a fiscal implosion seems inevitable.

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