The emergence and management of our national debt can either serve as a cornerstone for economic stability or transform into shackles binding the freedom and aspirations of our citizens. Sadly, our escalating national debt is transforming us and our children into virtual slaves.
Following the American Revolution, certain states were burdened with substantial war-related debts. Recognizing the crucial need to settle these debts for the defense of their freedom, the Founding Fathers, in Article I, Section 8 of the U.S. Constitution, granted Congress the power to tax and borrow money. The term "General Welfare" in this context referred to the equitable use of federal powers for the benefit of all states.
Andrew Jackson, the seventh U.S. president, achieved notable successes while also stirring controversy. Particularly noteworthy was his staunch opposition to the increasing national debt and proposals for a national bank. Despite the complexities of his legacy, Jackson succeeded in eliminating the debt and preventing the establishment of the proposed national bank.
However, a grim chapter unfolded during Jackson's presidency. His achievements are shadowed by his endorsement of slavery and the orchestration of the infamous "Trail of Tears," a tragic forced displacement of Native American communities that brought about indescribable suffering and loss of life.
Bringing our narrative to the present day, the current national debt has skyrocketed to over $33 trillion, with the Federal Reserve system operating without constitutional mandate and exercising considerable influence. The interest payments on our debt, largely favoring banks and foreign entities such as Communist China, are comparable to our entire defense budget. This unsustainable path puts our nation's defense capability at risk. The federal government seems to be leveraging its power against American freedoms, channeling resources into questionable causes such as climate change initiatives and geopolitical interests through various agencies.
It is crucial to note that our national debt has been a longstanding threat for more than two centuries. Yet the spending practices of the current administration pose a significant risk to eroding our freedom, potentially transforming us and future generations into de facto slaves unless prompt corrective measures are implemented. Current spending priorities raise concerns, diverting resources away from defending our borders while allocating funds for questionable endeavors. The reversal of policies aimed at safeguarding national sovereignty, coupled with lavish spending on migrant-related issues, suggests a compromising stance.
The evolution of what was initially a mechanism for ensuring collective defense and welfare has taken a turn with far-reaching implications. Federal agencies, initially designed to safeguard the freedoms and rights of American citizens, in my opinion, now seem to be weaponized against us. Accusations of overreaching mandates have been leveled against agencies such as the FBI, IRS, FDA, EPA, TSA, CIA, and the Department of Education, suggesting potential infringements on individual liberties.
In the realm of international relations, the United States allocates funds to support its vital ally, Israel, in defending itself against terrorist attacks. While this support is considered justifiable by many, the allocation of funds to various causes raises inquiries about the prioritization of national resources. Notably, the refusal to allocate funds for border defense has become a contentious issue, compounded by the reversal of policies aimed at protecting national sovereignty.
The actions of the current administration, from certain perspectives, indicate a significant reversal of policies enacted by the previous administration to safeguard national sovereignty. Allegations of excessive spending and policies encouraging the influx of migrants across the border have ignited debates about the government's role in protecting its citizens.
The urgency of the situation demands swift corrective action to prevent the shackles of debt from transforming us, our children, and our grandchildren into unwitting slaves of a financial burden that, if left unchecked, could irreversibly alter the course of the nation. As the pendulum swings between fiscal responsibility and unchecked spending, the imperative for an informed citizenry and responsible governance has never been more pressing.
To contact KCarl or request a speaking engagement, go to www.kcarlinc.com The views and opinions expressed here are those of the author and do not necessarily reflect the policy or position of 1819 News. To comment, please send an email with your name and contact information to Commentary@1819News.com.
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