Govt Shutdown Cost $620 Billion…So Far

The headline is not a mistake and it was not $62 Billion. But the US debt rose $620 Billion during the 42-day Government Shutdown.

This begs the question…

With Congress not working, along with most other government workers, how did we add nearly another ¾ of a Trillion to our debt?

Enquiring minds want to know.

Ironically (or NOT) with the record 42-day government shutdown (longest in history) it appears that politicians changed absolutely nothing.

Except for adding $620 Billion in new debt.

This is absurd…Seriously!

Adding insult to injury to America – and accomplishing NOTHING for 42 days – Bejing added roughly 62 gigawatts of electrical generation capacity to China’s grid while Washington remained closed.

Putting that in perspective, that’s roughly the generation capacity of the entire UK.

But we’re not supposed to worry (or know) about that because Trump is going to give everyone $2,000 from all the trillions he raised with Tariffs (Sarc).

Seriously, the notion of handing everyone $2,000 from the tariffs is idiotic.

Because that money should be used to reduce the debt or to take actions that would yield greater sustainable economic activity.

Giving people free money won’t do it.  The fake “pandemic” should have made that abundantly clear.

Instead, giving $2,000 to everyone will only add to the crippling inflation we’re living with.

$620 Billion

BTW, giving half the population $2,000 doesn’t even come close to covering the $620 Billion in new debt added, never mind the $36 Trillion total debt.

Question:  If we added $620 Billion in the 42 days when government wasn’t working, how much are we going to add now that everyone is supposedly back to work?

And don’t forget, by January 26, 2026, we could see another shutdown…especially if the Democrats still want to give illegal immigrants $1.5 Trillion in healthcare benefits.

What?

You didn’t know that the shutdown is only temporary until January 26?

Here’s the ugly truth about our debt.

• It will never be paid.
• And eventually there will be default.
• But Europe and Japan will default before us.
• And the way things are going, soon the Congress Critters will be passing spending bills strictly for interest payments.

Bottom line here?

Keep your eyes on the bond (REPO) market for signs of chaos…and double down on your gold holdings.

And be sure to see what gold and silver mining stocks we like in our November Short and Sweet Tips column (HERE).

Share this with a friend…especially if they’re looking forward to a $2,000 stipend from Trump.  They’ll thank YOU later.

And tell them:

We’re Not Just About Finance

But we use finance to give you hope.

“And you shall know the truth, and the truth shall make you free.”

~John 8:32~