CBO And Daily Interest On Debt. Age/Human Endeavor. Uglier.

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The CBO projects we could be paying $1.3 billion/day in interest on our debt and Biden will also be replenishing our oil reserve at around $90/bbl when he sold it around $30/bbl and the supply of energy is below demand/production aggravating/spiraling the price of oil upward.

These are events I have been predicting and they have now hit the deck.  Meanwhile, like that guy who fiddled, Biden is napping while America sinks.

Bidenomics is a lie, a myth. "Deplorables" aren't buying it.

I believe the nation's mood is going to get uglier.

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"INTEREST COSTS WILL CONTINUE RISING THROUGHOUT THE NEXT DECADE

CBO projects that annual interest costs will rise to a staggering $1.4 trillion in 2033. To contextualize that rapid growth, consider that the federal government spent about $1.3 billion per day on interest payments in 2022; by 2033, the nation will spend about $3.9 billion per day. Relative to the size of the economy, such costs would nearly double from 1.9 percent of GDP in 2023 to 3.6 percent in 2033. The previous high for interest relative to GDP in the post-World War II era was 3.2 percent in 1991; that ratio would be exceeded in 2030 under CBO’s calculations.

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If that is not bad enough, the Saudis and Russians are cutting production purposely slapping "doofus" in the face. 

Before Biden and Obama are finished they may destroy the oil/gas industry, the auto industry and the health care industry. You can throw in the military as a bonus disaster.

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Hoover Daily

‘Bidenomics’ Is Nothing To Celebrate

by Kevin Hassett via National Review There is little evidence supporting the president's victory lap on the economy.

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Last night (9/14) Lynn and I discussed the impact of age on human activity.

I was playing tennis in my late 80's but she reminded me playing doubles is not as stressful as the demands upon our presidents. All presidents have left the office greyer and lined.

I have always said every candidate for president should be given a mental exam and or a Rorschach test. 

Anyone who seeks the power of the Oval Office would have his finger on the red button and thus, needs to be challenged psychologically.

The more the public knows the more their votes will likely become rational versus emotional. Politicians understand this and that is why most party leaders continue to withhold facts/evidence from voters - think Pelosi etc. Party loyalty is their goal not what is best for the nation.

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More government skullduggery:

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Hunter Can Blackmail His Father Into a Pardon 

By Katie Pavlich

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