Kyle Reyes’ Post

There is only one candidate for President that understands business, finance and budgets.

Discretionary spending versus mandatory spending. I guess that follows the Golden rule. Those who have the gold make the rules. If they do what every American has to do and cut their own household budget by 10 to 20% then the government spending should cut their budgets by 10% + thereby stabilizing the debt and starting to pay it down. Is mandatory spending all of these new inclusive and social programs? Sending money outside of our country to help other countries when we need to help ourselves. Doing nothing or allowing the government to continue to spend on Wants NOT Needs will turn into a FAFO situation when they cut Social Security. Generations of people paid into that expecting to have a check from their investment. If they cut Social Security that amounts to theft. Consequences will be worse for our population. Did I mention that a lot of the illegal immigrants are getting SSI benefits? They’ve never paid a dime into that pool of money.

Numbers don’t lie. Bidenomics is causing Americans to spend more to live less. The irresponsible spending and massive increasing debt will need to be paid by someone. Who do you think that responsibility will fall on? How can you protect yourself and your kids retirement from being taken? lf you are saving in a 401K, 457, 403b or IRA, you are in partnership with the government who has control of your retirement. See how you can take control back. #Vantage2024 #VantageFinancialAlliance

Thanks Jonathan Ferro , Lisa Abramowicz and Annmarie Hordern for the great discussion on Bloomberg Surveillance this week. There's no question our country has reached unsustainable levels of debt. Much of the political debate around the nation's debt and deficit is so polarized that it becomes far too simplistic. The only way to solve this debt crisis in Washington is for both parties to step back and actually focus on growing the economy. The decisions to course correct would become easier -- and the perceived political 'costs' of bipartisanship would fade. We cover how the markets could reject more irresponsible spending, my outlook on M&A, and much more. Check it out below. https://lnkd.in/ew4YcFiH

Each color on this chart represents $1T getting added to the national debt. Not that long ago, it took six years to add a bar. During the second Obama term, with spending reined in by the Tea Party movement, annual deficits reduced to less than $1T, and growth in the debt slowed down. At the end of Obama’s tenure, it took nearly 20 months to go from $19T to $20T. The explosion of debt since that time has been the only bipartisan phenomenon of my lifetime. It has been both parties, all presidents, and every Congress. With Biden currently in the White House and a narrowly divided Congress, we’re now adding $1T to the debt every three to four months. It took just 91 days to go from $32T to $33T. 104 days to get to $34T. At this rate, in 2025, the debt will likely be above $37T. When and how does this end? #debt #nationaldebt #finance #economy

Congress recently raised the debt ceiling again, for the 78th time since 1960! Why should you care? There are multiple reasons this matters. Read this blog from leading #economists Dr. Christopher Kuehl and Mr. Keith Prather of Armada Corporate Intelligence for some background. #Economics #Lending

Is America's rising debt destroying our economic future? - The expanding national debt in the US poses a significant threat to future economic stability, potentially leading to higher interest rates, inflation, and reduced investor confidence. Addressing this issue is crucial for maintaining fiscal responsibility and ensuring sustainable economic growth for future generations. Failure to act could result in severe consequences, impacting everything from government spending priorities to individual financial well-being. - We fund freedom! Contact us at +1 (877) 602-7380 - #UnitedLegacy #AlternativeInvesting #RealEstateInvesting #RetirementPlanning #TrustDeeds #RealEstate #Investing #Credit #PassiveIncome #Wealth

Uncovering President Trump's $8 Trillion Debt: What You Need to Know #DebtCrisis #EconomicAnalysis The video transcription discusses President Trump's significant increase in national debt during his presidency, despite promising to address it. He accumulated an $8 trillion debt, surpassing all previous presidents combined. The speaker expresses concern that President Biden is on track to match this unsustainable level of debt, which could have detrimental effects on the country and the economy. The speaker suggests that drastic cuts to the defense budget are necessary to address this issue. Overall, the transcript highlights the urgency of addressing the growing national debt to prevent potential consequences. #TrumpDebt #NationalDebt #BidenAdministration #EconomicCrisis #GovernmentSpending #Deficit #BudgetCuts #FinancialFuture #USPolitics #vizard