There is a clean and powerful path out of this dismal debt swamp – and America needs to get moving soon…
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Budget Office Releases Terrifying Long-Term Debt Forecast
ZeroHedge, Sep 22, 2020 – Excerpt:
Debt as a percentage of GDP is projected to increase in most years as the government incurs budget deficits that are large relative to the growth of the economy. If current laws generally remained unchanged, federal budget deficits would be substantially larger over the next 30 years than they were over the past 50 years. In CBO’s projections, deficits rise after 2030 as mandatory spending—in particular, outlays for the major health care programs—and interest payments on federal debt grow faster than revenues. That growth in deficits causes projected debt to rise as a percentage of GDP over the 2030–2050 period.
Finally, here is the most terrifying chart in the latest CBO forecast – and of all CBO forecasts released yet – which as hinted in the title, is the one which projects US debt for the next 30 years, and shows that over the next three decades nothing short of hyperinflation, or war, can save the US.
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The Leviticus 25 Plan is the most powerful, debt-busting economic acceleration plan on the planet:
* Massive debt elimination for U.S. citizens (mortgages debt, credit card debt, student loan debt, car loan debt)
* Federal deficits in the trillion dollar range converted to $237 billion budget surpluses over each of the first five years of activation (2021-2025).
* State and Local government drowning in red ink converted to powerful new growth trends in revenue and reductions in outlays.
* Medicare Trust Fund restored to solvency.
* Social Security Trust Fund – massive new inflows from robust long-term economic growth.
The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. Citizen – Leviticus 25 Plan 2021 (3810 downloads)
“He who will not apply new remedies must expect new evils.” – Sir Francis Bacon