The U.S. national debt has surpassed $37 trillion, rising at an unprecedented pace of about $22 billion per day, with much of the spending benefiting the military-industrial complex, Wall Street, and Big Pharma rather than working Americans. Jimmy points out that, unlike FDR, who directed deficit spending into citizens’ pockets to stimulate the economy, current policies redirect funds into defense and corporate interests.
The White House is defending its economic strategy, claiming tariff revenues and growth will improve the debt-to-GDP ratio, but the gains are minimal compared to the debt’s size. The reality is that without major cuts—particularly to the Pentagon budget—the debt will continue to balloon, risking economic instability and loss of global confidence.
Kurt Metzger on Twitter: https://twitter.com/kurtmetzger
Kurt’s website: http://www.KurtMetzgerComedy.com
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#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
