The U.S. holds $39 trillion in liabilities while only having $4.9 trillion in assets, leading the Department of the Treasury to say “the current fiscal path is unsustainable,” according to a recent report.
The extensive report contains detailed financial information on the state of U.S. finances. There is a section titled “An Unsustainable Fiscal Path,” that explains that “a sustainable fiscal policy is defined as one where the ratio of debt held by the public to GDP (the debt-to-GDP ratio) is stable or declining over the long term.”
The U.S. has a rapidly-increasing debt-to-GDP ratio, along with ballooning mandatory spending on programs like Medicare and Old Age Survivors and Disability Insurance, driving up costs without substantial increases in revenue. These programs are projected to be depleted by 2028 and 2035, respectively.
On the balance sheet, the report shows the U.S. has assets of $4.9 trillion, which include cash, monetary assets, inventory and property, and loans receivable. On the liabilities side, however, the U.S. has $39 trillion in liabilities, which include $24.3 trillion worth of federal debt and interest payable, $12.8 trillion in federal employee and veteran benefits payable, and $1.8 trillion in other liabilities.
This is only one of many measures that show how much financial trouble the U.S. is in, and more people from both sides of the aisle are beginning to issue dire warnings that our current spending habits need to drastically change.
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Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
Visit the Heaven’s Harvest website and use promo code “Patriot” for a discount today!
