On Wednesday, Ukrainian President Volodymyr Zelensky gave a speech to a joint session of Congress demanding that we give him more money on top of the $50 billion we have already given him to conduct the war against Russia. And grifters like Nancy Pelosi and Hillary Clinton fell all over themselves to compare Zelensky’s insipid speech to those of Winston Churchill. Two days later, both the House and the Senate passed a $1.7 trillion omnibus bill that included giving another $54 billion for Ukraine.
My question is simple, why are we taking on that debt? We don’t have this money to give. It’s not like we have $54 billion burning a hole in our pocket. We are broke. The United States of America is broke. How do I know that? Simple math. We have a $31.4 trillion national debt, and every year, we spend about $1 trillion more than we take in. So, we are broke. What would you call a family that earns $100,000 per year, but spends $125,000 every year, and has $600,000 of credit card debt? Broke. That is the equivalent of the United States of America financial picture.
Here’s another question. Why doesn’t Ukraine take on the $104 billion of debt to conduct their war? Every penny that we give to Ukraine is added onto our national debt. Every penny. Not one red cent of what we are giving to Ukraine is paid for. Why are we accruing this debt and not them? It doesn’t make sense. If we want to help Ukraine, why don’t we simply loan them the money? Why can’t Ukraine put the $104 billion onto their national debt instead of the United States? Why not? Ten years from now, when this war is over, we will be still paying off the $104 billion we have sent them and not Ukraine. Why are our children and grandchildren obligated to have to pay off Ukraine’s debt? Maybe if Ukraine had to finance this war themselves, they would be more open to forging a peace with Russia.
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