As it turns out, Rubio hasn’t missed a beat as a sharp critic of the failed economic policies of the current administration, its including its total lack of leadership on our rapidly increasing national debt and unsustainable entitlement programs.
During a schedule speaking engagement at a local business forum in Palmetto Bay, FL, a visibly tired-looking Senator Rubio outlined the “real debt problem” that confronts the country. During the Q & A session of the meeting, Rubio was asked about the debt and it’s correlation with the wars in Iraq and Afghanistan.
Rubio went on to state that “mathematically,” Medicare will go bankrupt unless it is drastically revamped and stated what the “singular cause” of the national debt was. Rubio also took the opportunity to back Congressman Paul Ryan’s plan as being the “the only serious plan offered so far,” and said he would like to see other similar plans offered up for review.take our poll - story continues belowDo you think the 2nd Amendment will be destroyed by the Biden Administration?(2)
Completing this poll grants you access to Shark Tank updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.The real debt problem America faces is the long-term structural debt, its not just the money we owe today, its the money we are going to owe, and the interest on the money we owe, the wars are not the cause of that.
Foreign aid is not the cause of our national debt, food stamps is not the cause of debt, discretionary spending is not the cause of our national debt. We have a national debt in our country for one very simple reason, we have a series of very good and very important government programs that are structured in a way that are not sustainable. – Senator Marco Rubio
The structural problem in then entitlement programs, particularly in Medicare, that is the singular cause of the long-term national debt that we are facing
There is no tax increase that we can pass to pay off the national debt, there is none. If you tax the richest people in America at 100%, which you can’t do, because you can’t tax anything at 100%, it doesn’t even come close to paying the debt. There is only one solution, this is not a philosophical and ideological fight it doesn’t add up- the money is not there. You are talking about trillions of dollars in debt, 16 trillion The only solution to the debt is economic growth. – Senator Marco Rubio
Rubio closed by using a ‘pie’ analogy to explain how increased economic growth was the only way to decrease the trillion dollar national debt. The pie analogy was fitting, and I will wager that Rubio improvised this, because just as he was about to conclude his speech, the waiters at the event started passing out key lime pie to the attendees. Was it Rubio’s quick wit, or was he simply salivating over getting his own piece of the pie?
Watch the video segment of his speech.
[vsw id=”kaG_kpyzk5E” source=”youtube” width=”425″ height=”344″ autoplay=”no”]
Did you like the article? If so, please share it.