You may not have heard (if you’ve been in a coma since 1994), but our national debt is spiraling out of control. If you could imagine a fire hose spraying a stream of $100 bills instead of jets of water, that’s essentially the way our federal government pisses through money on an average day. If you’re having trouble staying awake at night, here is a number that might help: $233 billion. That’s not the latest national debt figure. Oh, no. That’s just the interest on it we pile up each year.
Won’t somebody come up with a plan to stop all the fiscal hemorrhaging? Anybody? Nobody? Okay, I guess it’s up to me to bail out America…. Again.
Last week, I shared Part I of my solution to our national debt problem. In this week’s thrilling conclusion, I solve it even more. So let’s get started, shall we?
Cape Canaveral – Kennedy Space Center: $11.5 billion. If you’re still a kid at heart, this one’s for you. Located on the pristine golden beaches of Central Florida’s Atlantic coast and just a two-hour drive from Disney World. Always wanted to be an astronaut? Now you can own a whole crew of them. Guess who gets to press the “Blast off” button at Mission Control? You do! Comes with a free ride on the next Space Shuttle Endeavour flight. (Fine print: Next scheduled Endeavour flight: 1st of Never.)
State of Alaska: $780 billion. Call the Last Frontier your home with this incredible once-in-a-lifetime bargain. See Russia from your house. Be the first among your friends to own your own state. Comes with tons of room to spread out all your stuff, not to mention access to our nation’s largest oil and natural gas pipeline. Stunning views of mountains, grizzly bears, bald eagles and hot ex-governors. Juneau what else? For just $20 billion more, we’ll even rename the state capitol after you. Flexible payment terms. Ask about our layaway plan.
US Interstate 80: $87.6 billion. If you thought you could “get your kicks on Route 66”, you ain’t seen nothing yet. Own a part of the world’s greatest highway network. The nation’s second longest interstate, I-80, runs from scenic California through the Nevada Dessert (where you can do 130 mph and the state troopers won’t hassle you) through the golden corn fields of Nebraska, before your journey ends at glamorous New York City. (more…)
Here’s a number that might scare you: $17,746,662,973. That’s almost 18 trillion dollars, give or take a few hundred billion. That’s the current estimate of our national debt according to the OMB (Office of Management and Budget).
Here’s a slightly smaller but equally frightening number: $1 million. That’s the amount our nation’s debt is expanding – per minute. The clock is ticking. Economic experts estimate that our national debt will increase by another $10 trillion in the next decade. And I thought I was bad about managing my money. I look like Ebenezer Scrooge compared to Uncle Sam.
Depressed? Don’t be. Because I have a brilliant solution to our nation’s debt crisis. And it doesn’t involve painful tax hikes, closing down your favorite park or eliminating daily delivery of your mail.
As many of you know, I (often imagine that I) am a highly sought-after, award-winning, Harvard-educated economist. I won’t drone on about my many notable achievements in the fields of econometrics or applied macro-economic asset price modeling theory (because I have no idea what those words mean). Suffice to say, I took both Econ-201 and Econ-202 Pass-Fail in my second year of college.
I have successfully balanced my personal checkbook 8 of the past 12 months. And I have completely paid off our family’s credit card debt on all but 5 of our 17 credit cards. I saved $4,000 by the time I was 18 years old by doing summer jobs, and I didn’t blow it all until late spring of my freshman year of college (hey, I needed a new stereo system). So when I say I have a solution for the nation’s debt crisis, I think my credentials speak for themselves.
Christmas Day is just around the corner, a time of peace and love and harmony, unless you’re Jewish. But this year, our Christian values of tolerance and forgiveness are being overwhelmed by a cataclysmic war on a scale the world has never seen. The images we see on television are heartbreaking. When will this senseless war stop?
No, I’m not talking about the twelve-year war in Afghanistan, nor the civil war tearing apart Syria. I’m not even talking about the brutal Mattress Price Wars, although the televised images of those retailers viciously slashing prices before my very eyes is enough to make me cry. No, I am, of course, talking about something far more pernicious and deadly: The War on Christmas.
In her lovingly written new book, Good Tidings and Great Joy: Protecting the Heart of Christmas, distinguished author and former Alaskan beauty pageant winner Sarah Palin launches into a heartwarming tirade in defense of Christian values against the onslaught of political correctness, the secularization of Christmas, and the abominations of atheists and liberals (which two groups are, of course, essentially the same). And I for one could not agree with her views more, even if I understood what she was talking about.
The 113th Congress is on track to become the least productive Congress since the time our nation’s ruler wore a crown and lived in a large castle with a drawbridge. Due to the increasingly partisan and ideological tone of the current Congress, the two parties seem dead set on preventing anything the other side proposes from getting passed into law.
The record for fewest pieces of legislation ever passed by a session of Congress was 88, in 1995. Through August, Congress has passed only 15 pieces of legislation. That’s five fewer laws than the number of parental edicts I have proclaimed in the past year (my most controversial one being “no more TIVO-ing Duck Dynasty marathons. I am a tough but fair ruler).
Millions of Americans are outraged at the incessant bickering, stonewalling and filibustering, which have paralyzed our nation’s legislative process. This has resulted in the lowest approval rating for Congress in its history – with 83% of Americans disapproving of the job Congress is doing. In the latest public opinion polls, Congress’s approval rating now trails Anthony Weiner’s popularity by 27 points. On the bright side, their popularity is still ahead of Adolf Hitler and The Black Plague by 6 points and 4 points respectively.
I believe it’s every American’s duty to do their small part to make our country a better place to live. That’s why I’m calling on President Obama to take immediate executive action to DEPORT MY NEIGHBOR BERT ZABLINSKI NOW! Have you seen his lawn? The last time his grass was less than a foot high, dinosaurs roamed the earth. And don’t get me started about his front yard collection of 47 plastic African garden gnomes or his 14-foot tall sculpture of Elvis giving the finger which he made using only Budweiser cans and Cheez Whiz.
Someone has to take action. Why not the President? I discovered this great web site called We the People, which lets you directly petition the White House. It gets over 300 petitions a day, many from people able to construct nearly complete sentences with nouns and verbs.
The We the People Petition-the-White-House web site was launched in September 2011, and has since received more than 142,000 petitions and 9.2 million signatures. The volume of petitions has spiked since Obama’s re-election in November 2012, mostly from disaffected white southerners furious about Obama’s apparent plans to take away everyone’s guns and require us all to convert to Islam. I must have missed that news story.
You may not have heard (if you’ve been in a coma since 1994), but our national debt is spiraling out of control. If you could imagine a fire hose spraying a stream of $100 bills instead of jets of water, that’s essentially the way our federal government pisses through money on an average day. If you’re having trouble staying awake at night, here is a number that might help: $233 billion. That’s not the latest national debt figure. Oh, no. That’s just the interest on it we pile up each year.
US Interstate 80: $87.6 billion. If you thought you could “get your kicks on Route 66”, you ain’t seen nothing yet. Own a part of the world’s greatest highway network. The nation’s second longest interstate, I-80, runs from scenic California through the Nevada Dessert (where you can do 130 mph and the state troopers won’t hassle you) through the golden corn fields of Nebraska, before your journey ends at glamorous New York City. (more…)
