#USNationalDebt #Trump #Write2Earn

Even though POTUS cannot directly fire Powell, it it quite clear that there is severe disdain coming from Donald Trump.

The reasoning? Inflation is looming and due to Trump’s tariffs, the economy is going to take a big hit. In other words, inflating the interest rates will create the appearance that the tariffs are not as bad as they actually are.

Just recently the so called ‘Big Beautiful Bill’ was introduced to the House of Representatives and passed, so it now sits with the Senate.

Some minor changes has already been appropriated but in general, the bill will cost the American people billions of dollars.

In the time of this writing, the United States of America currently holds a massive debt of $36,215,390,962,991 and it grows bigger every day. On average, this comes out to every citizen in America being over $100,000 in debt due to govermental spending.

Is this possible to ever correct? In theory yes. Will it happen, probably not.

Cutting Medicaid and keeping the 2017 tax-cut rates which Trump asserted will undoubtebly cause even more controversy before the bill is scheduled back on Trump’s desk before 4th of July. What is blatantly obvious however, is that rich people will benefit more than lower income brackets. Trump knows this and even though he claims to be a president for all Americans; it is clear that he favors the wealthy.