The Correlation between the National Debt and the fairytale “The Emperor’s New Clothes”

According to Bing AI, “The moral of the story “The Emperor’s New Clothes” is that people should not be afraid to speak the truth, even if it goes against popular opinion or authority. In the story, everyone pretends to see and admire the emperor’s new clothes because they fear being seen as foolish or going against the crowd. However, it is a young child who speaks up and points out that the emperor is actually naked. This teaches us the importance of honesty, integrity, and standing up for what is right, even in the face of social pressure.”

Daily we are being told to ignore what our own eyes and pocketbooks notice regarding the national debt and its impact on the wellbeing of the country and us as a citizen.

The following are excerpts from an article entitled “We Are a Broken Nation: US National Debt Breaks $33 Trillion” written by Scott Dreyer and published in

“As reported by the St. Louis Federal Reserve, interest payments on that debt totaled nearly $970 billion for the Second Quarter of 2023. That unprecedented amount is due to a confluence of two harmful trends: both the debt and interest rate keep increasing.

Put another way, that’s $970 billion the government does not have to pay for teachers, border patrol, healthcare workers, parks, national defense, foreign aid, or anything else, because it’s all going to cover interest payments, which will keep going up due to the power of compounded interest.”

Read More

Like the young boy, we have to make our voices heard to achieve real fiscal reform in this country.  Contact your congressional leaders and tell them to support HCR-24, a concurrent resolution that will mandate Congress to take real action to solve the current debt crisis in this Country.