EDITORIAL
BY DHIREN SHAH
Hello Readers,
The looming sword over our heads was the first default in U.S. History. But as expected, President Joseph Biden and House Speaker Kevin McCarthy have settled the matter. According to McCarthy, until 2019 the U.S. was spending 19% of the gross national product or GDP. Since the Pandemic of 2020, the U.S. started spending more money about 21%.
Since Biden became president, we are spending more money. Biden’s administration is spending about 23% up until 2022. In 2022 our GDP increased by 9.62% which is $25.46 trillion. In the first quarter of 2023, our GDP rose 1.1%. Due to high inflation, the GDP has not seen enough growth. Also, under the Biden administration, the expenses have increased drastically. In the first quarter of 2023, Biden’s administration spent 24% of our GDP.
After the expense cutting in the GOP proposal, and settled with the Biden administration, there will be control on the expenditures. However, it will not be enough. For the future of America, we must control expenditures. Even in our own homes, the majority of us make sure we spend less than we earn. When we spend more on borrowing from the charge cards, we will have a crunch in the future. So, like in our family matters, it applies everywhere, including the government. When they are borrowing money, it is our debt for the future. As of 2021, each and every person is in debt. In the USA, the debt per person as of 2021 is $80,983, including newborn children.
The best part about the USA is we have the highest GDP in the world. For your review, here are GDP of top 10 countries in the world: 1. United States 25,346,805, 2. China 19,911,593, 3. Japan 4,912,147. 4. Germany 4,256,540, 5. India 3,534,743, 6. United Kingdom 3,376,003, 7. France 2,936,702, 8. Canada 2,221,218, 9. Italy 2,058,330, 10. Brazil 1,833,274.
The future of America is not looking great, due to the overwhelming influx of migrants, and spending money on them including housing, boarding, groceries, medical, pocket expenses and more. If estimated, we are spending $50,000 plus per migrant. What happens to the citizens who make under $30,000; would the government give them money? No, but the government does collect taxes from those hard-working citizens. I asked a couple of them, they did not deny it and said that they must contribute to society and the government. We all understood the importance of our patriotic duties.
When the elected officials hire their brothers, sisters, family members or friends and they do not have enough output, we are paying more money than they deserve. We all are paying for their salaries and benefits. There is a law that says elected officials have to have a thorough search before hiring relatives. N.J.S.A. 52:13D-21.2 provides: a. (1) A relative of the Governor shall not be employed in an office or position in the unclassified service of the civil service of the State in the Executive Branch of State Government. But as usual, many of them hire relatives by finding loopholes in the law.
As per Christian News Wire, the Christ Anglican Church has been attacked while Irvington Police Watched and Refuse to Act. Two groups are claiming ownership over the church, including two different Bishops. I will get more info on this and let our readers know when it becomes available.
Have a wonderful week. I’ll talk to you next week.
