Using the American system
of calculation, one trillion is a thousand times one billion. The US national debt is currently estimated to be almost 32 trillion
dollars. [1]
Math was never my
strongest subject in school, but I believe that means that if the United States
of America were to find a way to reduce our national debt by one billion
dollars a year, it would take 32,000 years to pay it off.
There has been a lot of talk about the recent legislation spearheaded by Speaker of the House Kevin McCarthy, which increases America’s ability to borrow by about $2 trillion in exchange for spending limits on some programs. While it is true that the legislation does not solve the problem of an ever-increasing national debt, I believe it is a small step in the right direction. We should all take a moment to thank God for it.
The fight is not over. It has only just begun. The best thing each of us can do is to vote for candidates in 2024 who are committed to putting a stop to deficit spending. In the interest of full disclosure, that is accomplished by cutting or limiting government programs.
We cannot continue to fund programs, and by doing so drive deficit spending, every time a problem pops up. If we do, we will ruin ourselves. The only viable solution is smaller government. If that means we must learn to deal with problems in new ways, so be it.
Please pray for Speaker
McCarthy and those others who are helping to get government spending under
control. 32,000 years! Remember, 32,000 years. Thanks for listening.
