The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.
Tax cuts for the wealthy, the cap on social security taxes, and excessive spending on “defense” are directly responsible for the Fed’s obscene debt load.
“Trickle down economics” is a giant scam that has produced zero meaningful results in 45+ years.
It’s produced results. These are the results. Congratulations.