US Economy Damage Report 8-9-25

My review of trade data with South America revealed an increase in the US Trade Deficit from 2021 to 2025. The Biden Administration put South America first by imported food from South America. This decimated US agriculture. Biden opened the Borders to allow 21 million unvetted Illegal Immigrants from all countries to invade the US. 

Biden’s Democrats overspent $2 trillion on the Climate Change Hoax and approved the end of combustion engine vehicles. This Hoax resulted in the creation of Global Inflation as gasoline and natural gas prices increased.

The Democrat Strategy has been to implement policy actions that cascade into each other like falling dominos. The cost of cleaning this up is in the $Trillions.

The US Trade Deficit soared to over $1 trillion in 2021 and continued to climb to $1.2 trillion in 2024.

2021 -1.0707718 trillion

2022 -1.1670849 trillion

2023 -1.0563172 trillion

2024 -1.2047914 trillion

2025 – 3473560 billion through May 2025

https://www.census.gov/foreign-trade/balance/c0004.html

The economic data leading to the current US economic decline includes:

US Trade Deficits in the $trillions

US National Debt at $36.92 trillion

US Government Interest on the Debt at $880 Billion per year

US Government overspending by $2 trillion per year

21 million unvetted Illegals taking US Jobs and receiving US Welfare.

Federal Reserve Interest Rates: 5 year 3.4%, 10 year 4.25-4.50%, 30 year 4.81%

Record High Government, Education, Healthcare, Rent and Mortgage Interest, Home Price, Auto and Insurance Costs.

The US Debt Crisis began in 1989, with UN Agenda 21 when President George HW Bush signed on to this scam. The United States national debt in 1989 was approximately $2.86 trillion. The US Nominal GDP in 1989 was $5.642 trillion.

President Bill Clinton (1993-2001) ordered UN Agenda 21 to be implemented in 1993. The implementation was completed by President Obama in 2009, when all city and county ordinances were required to be identical. The Plan included the creation of “mega-cities”, government control of agriculture and populations living in “transit villages”. These Regionalism Laws were never repealed.

US National Debt since 2000 (approximate, rounded figures)

·       2000: Approximately $5.67 trillion.

·       2001: Around $5.81 trillion.

·       2002: Around $6.23 trillion.

·       2003: Approximately $6.78 trillion.

·       2004: Around $7.36 trillion.

·       2008: The national debt had more than doubled since 2000, surpassing $9 trillion by the end of George W. Bush's presidency.

·       2012: Around $16.07 trillion.

·       2014: Approached $17.65 trillion.

·       2018: Approaching $21.5 trillion.

·       2020: Reached $26.95 trillion.

·       2023: Reached $33.17 trillion.

·       2024: The total debt was $35.46 trillion.

·       2025 (as of March 1): Reached $36.21 trillion. 

https://www.google.com/search?q=u.s.+national+debt+by+year+since+2000

In 2025, the US is expected to produce a record amount of crude oil, with the U.S. Energy Information Administration (EIA) forecasting an average of 13.4 million barrels per day (b/d), according to EIA's latest Short-Term Energy Outlook (STEO). This is slightly higher than the 13.2 million b/d produced in 2024. However, the EIA also notes that production is expected to decline slightly from a peak in the second quarter of 2025 through the end of the year and into 2026 as producers respond to lower prices. 

https://www.google.com/search?q=us+oil+production+2025

In 2025, the United States is projected to consume an average of 20.4 million barrels of oil per day. This is a slight increase from the 20.3 million barrels per day consumed in 2024, according to the U.S. Energy Information Administration (EIA). 

https://www.google.com/search?q=us+oil+consumption+per+day+2025

There is a projection by the US Treasury Secretary Scott Bessent that US tariff revenue could reach $300 billion annually in 2025, driven by escalating trade measures. 

https://www.google.com/search?q=is+us+tariff+revenue+expected+to+be+%24300+billion+in+2025

Comments

The Trump Administration will need to upgrade computer systems in Federal Agencies to ensure accuracy and improve productivity, while finishing the Southern Border Wall and deporting Illegal Criminals. Millions of other unvetted Illegals will be deported if they fail to win “Asylum” Status from Immigration Judges and it could take “years” to accomplish this.

The Damage done by the Biden Administration is in the $Trillions.

Norb Leahy, Dunwoody GA Tea Party Leader