Recently President Trump had the annual State of the Union. While most people talked about the behavior of Nancy Pelosi it was for the remainder of all the destructive government spending. MSNBC correctly noted that it was a message to selected groups of American society.
This is for good reason. President Trump is a salesperson. He is up for election and so is the selling everything to get people to the polling stations. In support of his vote.
So what is a bad sell? That is fiscal responsibility. That is a balanced budget and reducing the existing government debt.
It is not that the Republicans are bad in budgets. The Democrats fail as well. All politicians and Presidents are to blame.
As a candidate, President Trump instantly understood the situation the USA is in. But as a President, he forgot this. Which is said.
Nowadays we are in a situation that the default on USA debt is imminent. What makes it more problematic is that most American government debt is short term paper.
The current American political system is not prepared for the consequences. We need more honest politicians. Yes, I know that this is difficult to achieve. honest politicians. but let’s face it: it is time for the USA to drastically reduce the spending.