News Analysis: America’s $18 Trillion Dollars Of Debt Makes Replacement Of Old Cracked Dams Unlikely (since it can ill afford such costs). Its President’s Indebting the Nation at a faster rate than the past Presidents says a lot about his knowledge of Money Management. Of course, his Minions at the U.S. Federal Reserve (Fed), with their $4 Trillion Dollars in Debt, cannot do much to help. Over his remaining Two+ Years in Office, many Economists think he will raise America’s indebtedness to over $20 Trillion Dollars and not replace Decrepit Infrastructure whatsoever.
Allowing for continued Military Incursions overseas at an approximate estimated cost of $1 Million Dollars Per Man-Year, negates availability of Funds for Federal Domestic Improvements. In spite of his Campaign Promises to cut Military Extravagances, America maintains its largest Defense Forces in the World.
As America Gloats about its Military Strengths, Its Dams Crack. If, in Seriatim Fashion, also, Bridges Fail, and/or, there are Climatic or Geologic Perturbations, how can the Country pay for the damages incurred? “Just Print More Money” will be the answer from the ‘Fed’.