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We Did It! National Debt Now Exceeds $37 TRILLION!!!

2025-08-17 News & Politics
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The Jimmy Dore Show
The Jimmy Dore Show
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US National Debt Crosses $37 Trillion Amidst Spending Criticisms

Analyze why the US national debt ballooned past $37 trillion and examine competing explanations for fiscal strategy failure or success.

Short Summary

  • The national debt surpassed $37 trillion far sooner than predicted, averaging a $22 billion daily increase.
  • Critics argue spending overwhelmingly benefits corporate interests (defense, Wall Street) rather than citizens, contrasting current policy with FDR’s stimulus model.
  • The White House claims growth policies and tariff revenues are successfully trending down the debt-to-GDP ratio.
  • However, savings initiatives like DOGE allegedly only relocated, rather than cut, government spending, particularly inflating the Pentagon budget. This segment dissects the alarming milestone of $37 trillion in US national debt, contrasting official economic optimism with severe criticisms regarding where the borrowed funds are actually directed, focusing heavily on defense spending and the alleged failure of cost-cutting measures.

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Description

The U.S. national debt has surpassed $37 trillion, rising at an unprecedented pace of about $22 billion per day, with much of the spending benefiting the military-industrial complex, Wall Street, and Big Pharma rather than working Americans. Jimmy points out that, unlike FDR, who directed deficit spending into citizens’ pockets to stimulate the economy, current policies redirect funds into defense and corporate interests. The White House is defending its economic strategy, claiming tariff revenues and growth will improve the debt-to-GDP ratio, but the gains are minimal compared to the debt’s size. The reality is that without major cuts—particularly to the Pentagon budget—the debt will continue to balloon, risking economic instability and loss of global confidence. Kurt Metzger on Twitter: https://twitter.com/kurtmetzger Kurt’s website: http://www.KurtMetzgerComedy.com Become a Premium Member: https://www.jimmydore.com/premium-membership Go to a Live Show: https://www.jimmydore.com/tour Subscribe to Our Newsletter: https://mailchi.mp/jimmydorecomedy/ytlivestreams LIVESTREAM & LIVE SHOW ANNOUNCEMENTS: Email: https://mailchi.mp/jimmydorecomedy/ytlivestreams Twitter: https://twitter.com/jimmy_dore Facebook: https://www.facebook.com/JimmyDoreShow Instagram: https://www.instagram.com/thejimmydoreshow WATCH / LISTEN FREE: Videos: https://www.jimmydore.com Podcasts: https://www.jimmydore.com (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.) ACCESS TO FULL REPLAYABLE LIVESTREAMS: Become a Premium Member: https://www.jimmydore.com/premium-membership SUPPORT THE JIMMY DORE SHOW: Make a Donation: https://www.jimmydore.com/ Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://thejimmydoreshow.dashery.com/ https://dobynsfamilycreations.com/collections/the-jimmy-dore-show-store DOWNLOAD OUR MOBILE APP: App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547 Google Play: https://play.google.com/store/apps/details?id=com.jimmydore.jimmydore Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore Stef Zamorano on Twitter: https://twitter.com/miserablelib About The Jimmy Dore Show: #TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.

Top Comments (10)

@NastyWorks 2025-08-17

Isn’t it weird, as our country becomes bankrupt our politicians become mega rich.

616 47 replies
@TheJoelef 2025-08-17

Yet we keeping giving money to Israel and Ukraine

559 96 replies
@PR0_PERUCC8 2025-08-17

WELCOME TO THE UNITED STATES OF BLACKROCK

518 29 replies
@Wake325th 2025-08-17

The debt simply isn't real to politicians. Just like our opinions.

394 14 replies
@charlesballiet7074 2025-08-17

meanwhile iserial has $0 of debt but were still giving them billions in aid every year

273 39 replies
@animoetprudentia2865 2025-08-17

No matter who you vote for the debt keeps rising, bombs keep dropping, and no one is arrested for visiting that island.

269 20 replies
@dmelson7502 2025-08-17

The moment I heard that Doge was not cutting anything at the Pentagon I knew it was all useless.

249 25 replies
@cody0126a 2025-08-17

Let’s just be clear. No administration is going to pay down the debt. Ever.

86 11 replies
@coldwarkid6611 2025-08-17

In 1992 we had around 4 trillion in debt. A very intelligent business man Ross Perot ran for president and his big thing was dealing with the debt. People acted like he was crazy now here we are. He predicted this.

77 1 replies
@NoonChunks 2025-08-17

WE NEED TO STOP.PAYING TAXES TILL THIS SPENDING STOPS!

40 8 replies

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