$10 TRILLION DOLLARS: WHAT HAPPENED TO IT?

Most folks don’t really understand how much money $1,000,000,000,000.00 ($1 trillion dollars) is.  It is such a massive number that most people just glaze over it.  Most folks grasp $1 billion dollars, but $1 trillion dollars in 1,000 times that amount, so let me get to the point.

It took the United States of America around 230 years to rack up a $10 trillion dollar debt, much of it spent on George W. Bush’s excellent and stupid Iraq adventure that removed Saddam from power.  But it took Barack Obama only 8 years to double our national debt to $20 trillion dollars.  Think about that for a moment.  Let it sink in.  Now ask yourself:  Where was that $10 trillion dollars spent?  What can we touch, see or feel where that money was spent?

Obama touted, “Shovel-ready projects”, which never took place, so we sure didn’t spend it on replacing and refurbishing bridges, dams and highways.  We didn’t spend it to fix potholes, we didn’t spend it to modernize our airports.  The military was hamstrung with, “Sequestration”, meaning they didn’t get the money.  Obama’s telephone giveaway didn’t cost that much, nor did ObamaCare, even though the amount paid out for tax credits was substantial.  We now know our State Department used our tax dollars to support a George Soros project in Albania of all places, but even that didn’t rack up an additional $10 trillion dollars.

But the facts are the facts, and we are now in debt for $20 trillion dollars, and as far as the eye can see, I still can’t figure out what we bought with that $10 trillion dollars.

How come our elected officials aren’t asking the same questions?

In a possibly related matter, why are long-time GOP representatives and senators suddenly deciding it’s time to retire or do something else?  Rats don’t jump off a sound ship!  What do they know that we don’t?  Why are they doing it at a time when all the economic indicators suggest we are experiencing a solidly positive turnaround?  Unemployment is at the lowest levels in 45 years, Black and Hispanic unemployment is at the lowest level ever recorded, and an even better indicator is the Labor Participation Rate that is climbing fast.

I can understand why a Jeff Flake decided not to run again, because he truly lives up to his name.  But why Trey Gowdy?  Why Paul Ryan?  Why Orin Hatch?  Why all the rest?  There has never been a better environment for a GOP candidate to be re-elected, yet these people are running for the exits.  Why?

Carl F. Worden

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