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RE: LeoThread 2025-03-12 22:10

in LeoFinance5 days ago

Part 2/7:

In an eye-opening analysis, it was revealed that government spending skyrocketed from approximately $2.5 trillion two decades ago to a staggering $7.2 trillion annually. This staggering increase has been a driving factor behind the national debt, which has ballooned to an astonishing $36 trillion. The analogy of credit card debt was aptly highlighted; just as one cannot expect to resolve runaway credit card spending overnight, the same holds true for the nation's debt crisis.

President Trump emphasized a need for detoxification from this spending addiction, likening the current economic situation to withdrawal from substance abuse. His administration is focused on making the government more efficient and eliminating wasteful expenditures, with early signs of progress.