02/25/25 Afternoon CommStock Report – Out Of Time

Part 1 of Many Arizona Congressman David Schweikert says that the one thing that he is good at is doing math. Right now, that is a curse rather than a blessing because the math for the future US budget is so ugly that it literally keeps him awake at night. What keeps me awake at night is the need to explain it to all of you. I am not the math expert that he is but from my limited skill I cannot find that he has made any great errors. At the very least, he has mapped the trajectory of US debt accumulation for the next 10 years and if it is left unchanged this country’s finances will implode. That is what I mean when I say that the current trajectory of the US budget is unsustainable. Elon Musk puts it simply, “The country will go bankrupt.”   Schweikert on unsustainable growth of the U.S. national debt and its alarming impact on the economy: “September 30– the end of this budget year– United States debt, [according to the] Congressional Budget Office, is projected to be $37.2 trillion. Ok. They’re projecting over the next ten years, we add another $20 trillion. If you then, on top of that,…