Growing up, we were told, go to college, get a degree, work to support your family. Here we are. Did that. Now what? I’m not into politics. I don’t follow it. Frankly, that stresses me out too. But, like, I don’t know. Somebody has to do something to change this because I make good money, he makes good money. We don’t live above our means. I don’t know what less than paycheck-to-paycheck is. What is that? Poverty?
Mackenzie Moan, Critical Care Nurse, Ph.D. student, mother of two
There’s a heartbreaking video making the rounds from a distressed wife and mother. She is crying and if you watch it, you will no doubt choke up some as well. I did. It’s very sad, especially for me, as my wife and I were in the same situation when we first started out. Hard work paid off for us. We were able to find the American Dream with a good economy. It’s not happening anymore. Middle America is hanging on by bloodied fingernails.
The median paycheck per person is $40,000. That’s before taxes.
Owning a home is out of reach. As the Davos crowd expects, you are to rent your hovel, but with median monthly rents at $1,900, that’s kind of out of reach as well, especially when you realize that the median monthly income—before taxes—is $3,400. After rent, that’s $1,500 to live on for the month. Utilities, insurance, and car payments consume the rest. And taxes—gotta make sure Poopy-pants Joe can afford his Depends. I guess if you grow your own food, you get to eat.
More than sixty percent of all households in the United States are living paycheck to paycheck. Like Mrs. Moan, they believe that they have done the right thing. They work two jobs; they take care of their kids; they try to keep their credit cards paid off; but they are all one calamity from total bankruptcy. And now, with inflation affecting their food, their housing, and their ability to travel for work, they aren’t putting anything away. They cannot pay off their credit cards, let alone afford braces for their kids.
When you watch the poor woman’s video it is difficult to understand why we’ve been sending so much money to Ukraine. Why are we sending money to Middle Eastern countries to help battle the stigmatization of transpeople when they’ll be thrown from a rooftop regardless of our concern? Why are we paying the airfare for lawbreakers coming across our ragged border? And giving them phones? And giving them hotel rooms? And feeding them? Why? What did they do to earn government charity? A slice from our labor?
And why are they even allowed to be here in the first place?
From January of 2021, about the time Skid Row Joe came to town, inflation has increased by almost eighteen percent. Since 2021, U.S. credit card balances have increased by around thirty-four percent. Americans are charging for necessary items and are no longer paying the cards off at the end of the month.
What’s causing this?
Federal government debt.
Our total GDP is about $25 trillion. The amount we owe is $33 trillion and skyrocketing. When interest rates were held artificially low, the accumulating interest was next to nil. Now? The inflation from Fed created currency is pushing up the government’s borrowing costs.
The government collects $2.6 trillion of individual taxes at the point of a gun and threat of prison. Meanwhile they still operate at an annual deficit of $2 trillion. And this is before interest on the national debt starts to really skyrocket. Our Troll Secretary of the Treasury Yellen had the opportunity to lock in trillions of our national debt for 30 years at 2% rates, but purposely kept rolling it on a short-term basis… (from The Crash Will Be Spectacular)
By 2027, the interest payment alone will be $2 trillion dollars. Our U.S. military budget for 2023 is $816.7 billion. I’m not sure we can even field a military by 2027. The Fed can do nothing but create more money with which to pay the debt and that will induce higher inflation and create more debt.
All of the social programs birthed from progressive policies can no longer be paid for. Social Security and Medicare will be finished. As the economy craters, tax receipts to the federal government will decrease greatly, exacerbating the ability to pay for anything. Increased taxes will make it worse. You can’t squeeze blood from a turnip.
The government is in a death spiral.
Frankly, how else could this play out?
Right now, manufacturing has slowed and is in the process of contracting. A recession.
I don’t mean to insult your intelligence by stating the obvious. But that’s the point. It is so obvious and yet few are saying anything about these basic facts. Why?
Well, it’s not sexy. It doesn’t generate campaign contributions like abortion or wokeness or Trump is the second coming of Hitler. It doesn’t motivate people to get to the polls. It doesn’t sell ads. But in reality, it’s like a movie where the asteroid is about to crash into Earth: you can only kiss your loved one’s goodbye and enjoy the light show before everyone is consumed by the incinerating atmosphere.
We’ve spent ourselves into oblivion and we will now suffer the consequences. And there’s not a damned thing we can do about it.
It is imperative that the states begin to prepare for the inevitability of the federal government’s collapse. Those states that are fiscally solvent should do nothing to increase their debt. Those states that are fiscally unstable now will collapse astonishingly in short order.
What will the future hold? Either the states will come together and form a new federal government, go it alone, or a combination where some states will form their own independent government while weaker states will try to coalesce around something resembling a coalition for self-protection and stability.
Unfortunately, Mackenzie Moan’s family, as well as the multiple millions of other families in America, will collapse along with the U.S. government. There will be no bailout for them, for us. There will only be despair and uncertainty.
There are simply men and women that want to see the world burn. They feel nothing but they warm their wicked hearts with the flames from smoldering dreams. At this late hour, there is not much to do but prepare for the inevitable. The end won’t be pretty.
The peasants are sharpening the pitch forks though it won’t do any good. But it will make some of us feel better.
If you make an annual donation to a charity each year, think about giving what you can to your local food bank.
(Articles referenced for this piece:
Say Goodbye to the Middle Class: Half of All American Workers Made Less Than $40,847.18 Last Year—Michael Snyder
The Crash Will Be Spectacular—The Burning Platform)
Forgive me. I’ve been lazy this past month. In fact, I’ve been quite lazy for the past two months. I wrote in a column in early October about being comfortably numb. I think that summarizes my continual outlook lately. So many things have been happening so quickly but it all seems to be more of the same and that’s been kind of boring to write about. Globalists and elites are still trying to take over the world. Progressive fascists are still trying to engineer an existence where we don’t exist. Our economy is still a dumpster fire. Joe Biden is still an incompetent, incontinent fool.
Mrs. Moan’s video shook me up a bit. I need to get back to writing but, with the holidays now here, I will still be a bit lackadaisical about being serious. My wife and I are flying to Paris for our 35th anniversary. Europe is about to go to digital IDs and starting next year, we Americans will have to apply for a visa. We kind of saw this as a last chance of near normalcy before the world completely turns upside down.
In a recent speech given to a convention in Las Vegas, Tucker Carlson said that 2024 will be like nothing we have ever experienced in this country. He stated that everyone can feel the tension in the air, they know things aren’t right, and they are bracing for impact.
I think we all feel it. I know the people of the world feel it. They booted out progressive fascists in Argentina and the Netherlands. Spain is in tremendous turmoil that may not end well for them. Ireland is on fire. Canada may soon follow as they try to pry the power from Little Justin. Western civilization has been attacked from all sides and we either go quietly into the night or we fight like hell.
Well I wondered what was keeping you away. You aren’t wrong; I think most of us who have a working brain see what you have so eloquently if pessimistically described. Those of us with a religious bent are saying God will not let us fail, and we still hope for a miracle. Merry Christmas. Sigh.