How True Is It – National Debt, Inflation and The Impending Doom Of Our Country

We all know that if our government doesn't fix things with a quickness it could spell the end of this country as we know it. With the national debt hovering at around fourteen trillion dollars; and the democrats want to spend more to do a so called fix.

We as the people are calling them out, the question that I have is simply this, do the people even matter to them any more? Things need to change in a big way if we plan to fix this problem. The era of big spending, and huge debt is over.

We must reign in the idea of spending to get the country out of debt. The threat of China downgrading our dollar's status as the world currency is looming as we speak. But I wonder is this just rhetoric and hype to get the government off it's dead ass.

China has as much to lose as we do in this, if they downgrade us, they will immediately lose all of the money that they have loaned to us as the dollar will be rendered worthless. Not to mention Russia, and Japan and the dollars that they are holding.

I am no financial guru; but it seems to me that they are not in this thing to lose money, and the trade status between them, and the United States. Just think the Japanese would no longer be selling their cars in this country, and China exports most of it's goods directly to the United States.

This would all come to an end as the economy in our country would come to a grinding halt. There would be no more exporting, or importing of any good to or from this country. In a dead economy nothing is moving, unless you consider a downward trend being a good move.

I don't really consider the threat of a downgrade of our credit status being a huge deal at this time. With this comes the democrats wanting to raise the debt sealing. This is a direct response to the thought that the countries who are holding our debt will downgrade our credit status.

The debt ceiling is quite simply a cap on how many bonds that the government can sell to off set it's huge debt. It's mostly used for political posturing, as nobody wants to take responsibility for the problems that monkeying with it could cause.

But when the situation with debt gets to the point where it's at in this country, the government is pushed to do something about it. When they start running out of options; they will begin talking about raising the debt ceiling, for now that is what it is, only talk.

But as inflation begins to take over, and the people are pushing the government to fix the huge screw up that it has made, it could become a necessary evil. We all know how much the government like to take responsibility for what it has done.

The best thing that they could do is begin to rebuild the country, not in their grand vision, but in the vision of our founding fathers. Rebuild the industry, pull all of the outsourced work back in to our country, and secure the borders to keep this country moving forward.

The truth is that I am no politician, I am not a banker, or a financial guru. I'm just an American citizen who is very concerned about the direction our country is heading in. It's time to reduce that size and scope of our government, and bring the power back to the people.