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Let's Get Physical

The Truth About the U.S. Economy

By Reneegede7Published 3 months ago 9 min read
Let's Get Physical
Photo by micheile henderson on Unsplash

INCOME

The United States' income can be viewed in several ways: the federal government's revenue was approximately $4.69 trillion in fiscal year 2025, the country's Gross National Income (GNI) was about $29.2 trillion in 2024, and the median household income was $83,730 in 2024. These figures vary depending on whether you are looking at government revenue, national economic output, or the income of individual households.

The $4.69T came from MOSTLY individual income taxes, and YES, immigrants -even those without social security numbers- pay them.

People who do not benefit from the tax coffers have contributed to them in terms of wage taxes, slave labor, taxable business profits, and the nation's GNP/GNI (Gross National Income): The total income earned by all residents and businesses of the United States was approximately $29.2 trillion in 2024, and "illegal" immigrants are helping to pay for it under Code 999.

Median Household Income: In 2024, the median household income was $83,730. This figure represents the midpoint, where half of all households earned more and half earned less. But, as they say, "Middle Income" is now known as "broke people with a credit card".

Personal Income: The Bureau of Economic Analysis (BEA) tracks personal income, which includes wages, salaries, and other income. For example, personal income increased overall by $95.7 billion in August 2025. #NOT

Why is it that YOU, Dear Taxpayer, did not realize a penny of that in that personal income increase of August 2025?

Because the INCREASE was not yours to get. And the people who did get the "increase" already pay little to no income taxes as it is.

_CREDIT TO: https://www.jlegal.org/blog/understanding-the-federal-budget-pie-chart/

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When President Obama left office, the national deficit was down to $680 BILLION, far less than ONE TRILLION.

Tax Credits to the economically non-viable are Virtually Meaningless since they are recouped in some other way, and nothing is really saved in the end.

The reduction in poverty for these annual EITC (earned income) tax credits is very minimal for low-income people, but they say it helps. How? Nobody really knows.

It's usually spent before it's received, and an annual windfall credit, especially since it doesn't add a dividend or earned interest or guarantee a livable wage, doesn't last long. It's likely already spent before people receive it.

Tax credits concerning abstracts like 'clean energy' and 'innovation' are not an economic objective for working people unless you need clean energy in your home that you likely can't afford to buy, and can afford to invest in research and development to start a business that you don't have the money to start.

All that is, is spending money to make money...money you likely don't have, on things you are unlikely to need or care about. Tax credits are abstract and limited, and mostly ineffective for the average person who has no reason to access them or even believe it is helping. It's not.

They only succeed best in reducing taxes for people who already pay very little tax begin with, mostly millionaires and billionaires--and that, in turn, reduces revenues that could be used to build the national economy in a useful way only if it could open the doors of opportunity for others, not hoard them for people who need these tax cuts the least.

DEFICIT/Debit and Expenses

So far, the United States has spent $6.66 trillion in this fiscal year 2025 to "ensure the well-being of the people of the United States," and that's what the narrative says, but that's not what it actually does.

The spending, in less than one year, is five times what it was on Biden's ENTIRE watch; except this time, NOTHING is going to the people who pay it and/or need it the most.

Biden took care of the people and took only his salary for himself. That's not what Trump is doing.

What is the U.S. budget for 2025?

The federal budget deficit was $1.8 trillion in fiscal year 2025, the Congressional Budget Office estimates, $8 billion less than the shortfall recorded during fiscal year 2024.

Since they 'say' that is the case, (I doubt it, but they use the word "shortfall" to confuse people who can't read between the lines) then the Trump Administration can easily add another $1.8 trillion to the social security spending coffers and never TOUCH the crux of the amount brought in by taxpayers. NOT EVEN CLOSE.

There is no reason for a government shutdown at this time or any time in the near future, and NO REASON WHATSOVER FOR ANY CUTS that affect and impact individuals who need assistance.

This nation spends far TOO LITTLE on its citizenry as it is, all things considered.

Social Security Offsets

The combined Social Security trust funds held a total of $2.72 trillion in asset reserves at the end of 2024. That is OUTSIDE of the $29 trillion the country makes in taxed income and the other trillions it holds in assets.

These social security funds are vested in Treasury securities, which are guaranteed by the U.S. government and do earn interest. TRILLIONS in interest. The social security fund is self-replicating and is fine.

However, the combined trust fund reserves are projected to be depleted by 2034, at which point income will only be sufficient to pay about 81% of scheduled benefits. BUT...

The truth is that if this country adds another $2.72 trillion to the reserves, actually DOUBLES it, that would extend depletion to 2044 at the current COLA--so doubling current income for individuals now will leave it at the same depletion date. The government has the funds to DOUBLE the social security income for individual seniors right now to something LIVABLE and on par with the costs of living.

In other words, the people receiving a $1500/mo social security check could get $3,000/mo with double the reserves...and be a lot closer to actually thriving than barely surviving.

AND THE NATIONAL DEFICIT WOULD STILL NEVER COME CLOSE TO WHAT WE MAKE IN INCOME through TAXATION and INTERNATIONAL EXPORTS.

The problem with the United States is not that it doesn't have the money to make sure its seniors and disabled, and children are well taken care of PLUS SOME, and with money left over to spare...the problem is greed and selfishness by the ones who don't want to contribute AT ALL.

But those who don't want to pay anything also want to control and spend OPM [other people's money] that is actually not theirs.

If they weren't busy cutting their own taxes, people with a $1,500 a month social security check could get $5,000 a month in guaranteed income, and the nation would not only be over the top, economically speaking, but the deficit created would STILL NOT TOUCH THE GDP/GNP/GNI.

The gap is too wide, and the nation needs more innovators, not less.

Why?

Because when the income is there, people are actually free to create MORE and earn MORE...which is only going to increase the taxable reserves. INCOME IS NOT and SHOULD NEVER BE STAGNANT, EVER.

We learned in the 1980s that you don't get wealth by working hard for money; you get wealth by teaching it to work for you.

There would be money left to spend if everyone's income were brought up to speed with today's cost of living, and not still hanging out in 1965 someplace with little to no inflation increases, though the COST OF LIVING keeps going up for no justifiable reason.

2025 costs with 1965 income to keep up is never going to work, and the government not having "enough" to fix that is a sorry excuse and an egregious error of fact.

The only problem with the national deficit right now is between those who want to SPEAK LIFE and those who dare to speak death, and these are two entirely different mentalities.

At no time ever did the Lord God that they claim to believe in say:

"If thou needest healing, thou must present thine insurance policy to the Lord thy God," or "If thou art in need of food and water, thou must showest Me thine income tax returns and prove wherein thou workest."

The problem is not with people refusing TO work when they can, the problem is with the amount of available jobs that pay a living wage.

The folks who need to hire and are providing the majority of jobs in the USA do not have the tax cuts THEY need to do the hiring, or to bring others up to speed on innovation and creativity.

Rich people who can pay 50 percent or more of their income in taxes and STILL BE BILLIONAIRES do not have an excuse for depriving others. The people they look down on are the ones making THEM rich.

The principle of TITHING locks in the truth about rich people paying their fair share, and the idea of reciprocity and EQUALITY OF DISTRIBUTION that provides "He who has much does not have too much and he that has little has no lack" is scripture.

INDEED. THE MONEY IS THERE.

Q: So, who is going to pay for that healthcare and support a supplemental basic income for incomes under $50k per annum?

A: THE SAME PEOPLE WHO HAVE BEEN PAYING IT ALL ALONG. AND THE FOLKS WHO ARE TRYING TO GET AWAY WITH PAYING LITTLE TO NOTHING AT ALL. That's who.

CEOs do not need elevators for their cars, more than one home, Rolls Royces, private planes, or incomes in excess of $10M a year, especially since the taxpayers are subsidizing keeping the country out of debt and poverty in the first place.

AND AIR FORCE ONE is GOOD ENOUGH for all presidents. Trump included. If it doesn't crash, it gets where it needs to go as safely as any other aircraft that costs less to maintain and fly.

People who need college degrees in high tech, law, medicine, and science don't need to pay to go to college to benefit this country.

This country needs to learn to take on a spirit of GRACE and GRATITUDE for those who even want to work in these fields that require degrees.

Stop playing broke and hustling people, America.

The United States isn’t broke or bleeding income like that—it’s electoral constituency is bluffing. Bigly.

National income outpaces the deficit three, and sometimes four times over, so the couch cushions are not THAT empty.

Some folks think they sound very smart when they dust off old tired debates about fiat currency, Fort Knox gold, and whatever does or doesn’t back the U.S. dollar.

They come armed with stored-up knowledge about another pyramid scheme called “Crypto”—which is just the use of allegedly “worthless" fiat to buy “worthless" coins that only have value if they’re backed by the same “worthless" fiat that is allegedly "going out of vogue".

The world depends too much on the U.S.A. to fall out of love with the American dollar any time soon.

It’s circular. It’s comical. It’s like paying $20 in real money for 20 cents worth of #FAKECOIN that doesn’t spend, doesn’t save, and doesn’t build a danged thing.

If you’re falling for that, I’ve got a trade for you: Give me two twenties, and I’ll hand you a four one-dollar bills. That's double what you gave me. Then you can pray over those four singles so they will make you rich the moment that money becomes more valuable than "other money".

That whole conversation on crypto is so dusty and fruitless.

Yet, Uncle Bubba's still out there hollering, “Thar’s gold in them thar hills!” like it’s 1849 and a skit from New Girl called “True American”—shotgun tip-off, floor is lava, and none of it makes a lick of sense.

It’s over.

And the Republicans?

They need to get off that fundamental fraudulent business about “budget deficits” and admit this country has more money than it will ever spend on its own infrastructure, its own people, or even on the future we’re supposed to be building for our posterity.

We’re trying to get to 2099; not back to 1899.

IT can't be done if people are so busy worrying about paying their basic bills for survival that they don't have time or space to create and innovate and thrive--the very thing that made this country rich in the first place.

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HistoricalHumanityScience

About the Creator

Reneegede7

A born peacemaker-quiet truth emanates here. Unbought, unbossed, unabashed--speaking volumes for the voiceless; raising decibels for the conscious--I am an older woman on life's hamster wheel with plenty of pellets to drop.

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