The
government statistics claim that there are officially 8 million unemployed but
the actual unemployment numbers are closer to 16 million people. The reported
labor force of almost 156 million in 2000 has shrunk to 152 million today. The
reported number of Americans “not in the labor force” is an astonishing 94
million. These are discouraged workers who are no longer counted as unemployed.
This explains why this administration’s unemployment numbers are so rosy and
low. For up to date numbers, visit the national debt clock here. http://www.usdebtclock.org/
Our national
debt is astronomical, approaching $20 trillion while GDP is below $19 trillion.
We already owe more than we make in a year in final goods and services. Gross
debt to GDP ratio is 106.38 percent. The U.S. total debt is $67 trillion.
However, if we add all the unfunded liabilities such as Social Security, Medicaid,
Medicare, and Obamacare, the figure jumps much higher.
The federal
budget deficit (the difference between taxation and spending) is almost $6
trillion for this year. The more indebted we are to the rest of the world and
to each other, the less money will be available for future generations to
improve their standard of living and to defend themselves.
There are
approximately 119 million U.S. taxpayers and approximately 124 million
full-time workers. The biggest part of the revenue from taxation is spent on
entitlements. Somehow, Social Security, a fund established with automatic paycheck
contributions, has been lumped in with entitlements as if the Social Security fund
did not belong to the tax payers but to the government.
Our Congress
loves to spend money on entitlements because the recipients vote them back into
office. Revenue to GDP ratio is a positive 35.6 percent but spending to GDP
ratio is a red 36.04 percent.
During the third
presidential debate, Hillary Clinton said that she would make sure public
college education will be free, that parents will not receive a bill for their
children’s college degree, and she will do it by not adding one penny to the national
debt.
After fact
checking the statement, it turns out to be not true. One source claims that
$500 billion will be added to the national debt in the next 10 years while the
Committee for a Responsible Federal Budget estimated that “$200 billion will be
spent on infrastructure, financial aid for college students, and early
childhood education.”
The current
student loan debt is $1.4 trillion and growing. There are 50,182,018 public
school students who will eventually take advantage of this “free” college offer
Hillary Clinton has made. Who is going to pay? Taxpayers, of course, will be
saddled with the cost.
Additionally,
how is she going to create jobs to employ college graduates if her plan
includes raising taxes? Employers create jobs when their taxes are decreased. NAFTA, which was President Bill Clinton’s achievement,
has exported many manufacturing jobs overseas. Hillary Clinton supports the highly
secretive Trans Pacific Partnership (TPP), which would finish off the
manufacturing sector in this country, leaving the United States as a service
economy.
We now have 12,500,256
manufacturing jobs left in this country. In 2000 we had 19,462,745
manufacturing jobs. There are about 120 million private sector jobs but large
companies are pushing for more H-1B visas to import cheap technical labor from
India and other foreign nations, leaving seasoned employees out of a job and
having to train their replacements. More college graduates living in their
parents’ basement will have to work as baristas in coffee shops.
Trump is in
favor of school choice and wants to end Common Core. He favors the
reintroduction of Vocational and Technical education, as well as making two and
four-year college education affordable.
Donald Trump
wants to renegotiate NAFTA and to withdraw from TPP. He wants to end foreign
trade abuses and currency manipulation by China. He wants to repatriate our own
companies by reducing corporate taxation significantly and by establishing
tariffs to prevent companies from leaving in the first place. He wants to offer
middle class tax relief that would help create 25 million jobs. He wants to
simplify the tax code.
Trump wants
to create jobs by lifting regulatory restrictions on fossil fuel exploration
and all mining. He wants to “lift road blocks that prevent the Keystone
pipeline from moving forward.”
Trump wants
to cancel payments to the United Nations Climate Fund and use the money to fix
our water and environmental infrastructure.
Hillary
Clinton wants to expand illegal immigration and open borders while Trump wants
to cancel federal funding of sanctuary cities that harbor criminal illegal
aliens. He will “suspend immigration from terror-prone regions where vetting
cannot safely occur.”
He will
establish punishments for visa overstays, for repeat criminal offenders, and multiple
illegal border crossings. Adamant that he will build the wall with Mexico,
Trump promises to remove criminal aliens from the U.S. and to cancel visas to
countries that won’t take them back.
Restoring
the rule of law, dismantling criminal gangs, establishing a task force on
violent crime to help police, cleaning up corruption, and admitting immigrants who
have been thoroughly vetted, who want to be a contributing part of our country,
should go a long way to begin the process of healing our nation.
Hillary
wants to continue President Obama’s policies, including the admittance of many
more “refugees” from countries that are inimical to us.
While
Hillary wants to develop Obamacare into a one payer system, Trump wants to “repeal
and replace” the very costly and unaffordable Affordable Care Act which has made healthcare premiums
unaffordable for so many Americans who were forced to drop their insurance and
just pay the tax penalty.
Trump favors
health savings accounts, letting states manage Medicaid funds, and allowing
Americans to buy insurance across state lines. Cutting the red tape at the FDA
is also on his radar. He promises to fix VA hospitals and to allow veterans to
be treated by their chosen doctor in any private or public hospital.
Will Trump
have the opportunity to replace Justice Scalia or will Hillary alter the
composition of the Supreme Court, turning it into a bastion of progressivism
for generations to come?
Trump
promises to expand and strengthen our military, to guard our First and Second
Amendments, and to protect our Constitution.
It is time
that American hard-earned dollars take care of Americans first instead of
providing for the rest of the world to the detriment of poor Americans,
redistributing our wealth through schemes that the globalists behind Hillary
Clinton have devised. Americans want to have secure borders, sovereignty, one
language, self-determination, and economic prosperity through free markets not
through collectivism.
No comments:
Post a Comment