The 4th of July is a day when we enjoy fantastic food, watching fireworks, and attending parades. We should also remember that this day marks the decision of the 13 colonies to be free from the tyranny of taxes and laws imposed by the United Kingdom. Today, the United States is faced with a different form of burden, the federal deficit, which now exceeds $34.8 trillion.
Nikolay G posted an op-ed on LinkedIn at the beginning of the year titled “How Big is Big? Visualizing the U.S. $34,000,000,000,00 Debt in ways that will Blow your Mind.” He points out the bright side, quoting Founding Father Alexander Hamilton: “A national debt, if it is not excessive, will be to us a national blessing.” Nikolay also notes the dark side of debt, quoting President Grover Cleveland: “The public debt is a canker that eats away at the foundation of national well-being.”
You can enjoy the entirety of Nikolay’s op-ed by clicking here.
Let’s honor the courage of our founding fathers by taking a stand. It’s time for “We the People” to be courageous. Reach out to your congressman or congresswoman and urge them to support HCR-24. This resolution is crucial as it calls for an Article V Convention to ensure the states’ rights to propose and the people’s rights to ratify a fiscal responsibility amendment.