Democrats and the media are attacking Republicans for pushing ahead with a new Supreme Court nominee while, allegedly, dragging their feet on a coronavirus relief bill.
There’s just one problem: the coronavirus bill put forward by Democrats is a dangerous expansion of the federal government that puts our economy at even more risk of fiscal collapse.
Though we don’t hear about it much anymore, the United States’ debt-to-GDP ratio has increased dramatically in the 21st century. When George W. Bush took office, we had a debt ratio of under 60 percent. Today, we have a debt ratio of over 100 percent—107 percent to be precise.
In simple English, that means our government owes more than our entire economy produces in a year. America simply cannot afford more of these immense spending bills.
Republicans are right to reject the Democrat’s short-sighted, ridiculous proposal. Imagine the spending binge if Democrats gain the presidency too.Read More »