By: Donald V. Watkins
Copyrighted and Published on February 14, 2025
An Editorial Opinion
Happy Valentine’s Day, America!
I regret to inform you that on this Valentine's Day, America is in deep financial trouble! We are broke.
America is $36.5 trillion in debt. Each citizen's share of this debt is $107,196. Each taxpayer's share of this debt is $323,047.
The net interest on this $36.5 trillion national debt is over $1 trillion per year. Additionally, the federal debt to GDP ratio is a shocking 122%.
You can see every aspect of this $36.5 trillion national debt for yourself in real-time. Just click on this link: www.usdebtclock.org. The graphic details of the national debt will shock you.
Republicans and Democrats, alike, have failed to lead us on restoring fiscal responsibility to our national government. Rather than solving the national debt crisis, our politicians in Washington simply keep raising the debt limit on America's unsecured national credit card. This reckless move guarantees that the nation will plunge further into debt.
There is no way America can grow itself out of this $36.5 trillion national debt, even with deep, pro-business tax cuts for the super-rich and lesser tax cuts for ordinary American taxpayers. The projected revenues from all sources in the federal government's budget for fiscal year 2025 is only $5.2 trillion.
Likewise, DOGE Chief Elon Musk will not find $36.5 trillion in fraud, waste, and abuse to cut from the annual federal budget. To date, Musk has found only $93 billion in budget cuts.
The U.S. Debt Clock tells the story in real-time. We are drowning in debt. As a nation, we are in a complete financial mess. Politicians on both sides of the aisle have been spending money that we do not have at speeds that rival Olympic sprinting events.
One day, this $36.5 trillion national debt will come crashing down on all American taxpayers and citizens.
Until then, enjoy your Valentine's Day!
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