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Avoid the Shackles of Debt | Winner's Minute With Mac Hammond

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00:06.2
00:15.2
Despite varying views on national debt, America’s founding fathers did agree that continually growing debt is not sustainable
00:15.3
00:24.9
—and they’ve generally acted with that truth in mind. Writer Rich Tucker noted that up until 2009 except during World War II,
00:25.0
00:30.2
the U.S. ratio of debt to gross domestic product was almost always below 50%.
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00:41.6
That trend has since changed drastically and is expected to top 100% in 2028. The more programs our government “provides” for us,
00:41.7
00:49.1
the more we will have to provide for our government—and the less we’ll receive in return. Let’s keep our leaders accountable to the truth
00:49.2
00:56.8
that future blessings will be hard to come by when shackled with growing debt. I’m Mac Hammond, and this is the Winner’s Minute.