Biden-Harris Fiscal irresponsibility

Built to Fail: Trump’s Inherited Economy and the Countdown to Collapse

EDITOR'S NOTES

As the current administration continues its spree of unchecked spending and debt accumulation, the U.S. economy teeters on the brink of a recession, with no relief in sight. The numbers tell a grim story: trillions in debt, surging inflation, and government jobs overtaking private-sector growth. This is more than mismanagement—it’s a calculated gamble that risks the prosperity of millions while positioning future leaders for failure. In this report, we dive deep into the economic ticking time bomb the Biden administration has created, revealing the stark consequences of policies that prioritize government growth over financial stability. This is the hard truth behind today’s headlines, and it’s a wake-up call for every American.

The Biden-Harris administration has set a volatile economic course that’s put America on the edge of a financial cliff. With out-of-control spending, ballooning national debt, and relentless currency printing, they’ve created a storm of persistent inflation and economic instability—all under the guise of “stimulating growth” and boosting employment through government hiring and unsustainable spending.

Let’s be clear: this isn’t just a policy choice; it’s a deliberate strategy. The endless injection of new dollars has pushed inflation up by over 20% in the past four years. Washington might blame corporations or global supply chains, but make no mistake—this inflation is homegrown, courtesy of relentless government deficit spending. When the government prints more currency, it directly erodes the value of the dollar in your wallet.

The numbers are alarming. U.S. debt has soared past $36 trillion, with the government running an annual deficit near $2 trillion, despite record tax revenues. In 2023 alone, government jobs accounted for nearly a quarter of new hires—an astounding 43,000 new public-sector jobs each month. Meanwhile, private sector job creation limps along, and real investment growth is stagnant. Government spending, now making up a full 30% of GDP growth, has become one of the primary drivers of our economy—a dangerous precedent for any free-market society.

This is upside-down economics at its worst. Instead of letting the private sector rebuild, the Biden-Harris administration doubled down on spending and taxation. The aim? To grow the government’s role in the economy so vastly that future administrations will be forced to reckon with its legacy. Any incoming administration would face a “lose-lose” situation: cut public spending and risk an immediate recession or continue inflating the public sector, letting debt and inflation spiral further out of control. Either way, the American people pay the price.

Consider the impact on the average citizen. Inflation, unchecked immigration, and rising taxes are bleeding small businesses and families dry. The administration’s economic approval rating is in the basement, with fewer than 40% of Americans approving of Biden’s handling of the economy. The reality is stark: for most people, life is tougher now than it was in January 2021.

Meanwhile, other nations offer stark warnings. Argentina, for instance, has recently begun clawing its way back from a similar path of reckless spending and inflation under socialist policies. New leadership has started shrinking its bloated state sector, slashing taxes, and recalibrating finances. The result? Lower inflation, a budget surplus, and a much-needed economic revival. The Biden administration’s approach resembles the failed socialist experiments in Greece, Spain, and France—each of which led to protracted economic suffering and austerity.

The biggest risk of all? The future of the U.S. dollar as the world’s reserve currency. If Washington’s reckless fiscal policies continue, it’s not just the American economy at stake but the global financial system itself. While the transition to responsible fiscal management may initially impact GDP, a leaner government and stronger private sector will pave the way for real, sustainable growth. Shrinking the state may be challenging, but the alternative—continuing on this path of runaway debt and devalued currency—leads straight to national insolvency.

If you’re not taking steps now to protect yourself, you’re vulnerable to the fallout from Washington’s time bomb. Download my free ebook, “7 Steps to Protect Your Account from Bank Failure,” and prepare yourself for what’s coming. And for those who want deeper insights and real strategies for safeguarding your assets, consider joining my Inner Circle for exclusive analysis and actionable advice.

Remember, a government that grows unchecked is a burden to its citizens. It’s time to restore the financial health of the United States and return power back to the American people.

➡️ Learn more: Join Bill's Inner Circle

Avoid Financial Ruin!

Get our 7 Simple Action Items to Protect Your Bank Account for FREE!

By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.

The financial market is crumbling and EVERYONE will be affected. Only those who know what's going on and PREPARE will survive... dare we say thrive. Our 7 Simple Action Items to Protect Your Bank Account will give you the tools you need to make informed decisions to protect yourself and the ones you love. 

7 steps - Lead Gen (popover & inserted into pages)