"Demographics is Destiny" - Rep. Schweikert on how we continue to age rapidly as a society

[@Ryan311excitable1]

I’m glad at least one of you care. Thanks for your continued commitment.

[@RodneyMartin-Feagin-dy5qq]

I swear man I was starting to lose hope

[@xaviermagnus8310]

Always nice to see a full house on important issues.

[@Aussie50InspiredDavidZ]

It's a good thing that there's not a full house. That's because every time congress votes or listens to someone in the house, we BORROW money for that too. That's not good, either.

[@xaviermagnus8310]

@Aussie50InspiredDavidZ I'd rather spend a little to stop a lot... Then spend a lot to never stop spending.

[@bojuification]

Watching the master eye opener. Thank you so much for schooling people.

[@markpavlovic7544]

He is one of my favorite people in Washington. If only more people on capitol hill listened to him and crafted policy with his recommendations!

[@TheCryptoOtaku]

I look forward to each Meeting. I like Math and economics! LMAO 🤣 Thanks again for your continued commitment to US!!! I wished half of our Policy makers were as good as you, Thanks David!!!! 💯 🔥 💵

[@TOPNOTCH80]

Amazing video!!!

[@dcheetham8603]

David - just wanted to say thank you for your service here - keep fighting the good fight!

[@cardgames2]

He's actually having a conversation with us! I feel like I actually learned something about the debt. Thanks for educating me! What could someone do to help keep this conversation moving forward?

[@joshbell8596]

Nice $162.750 million dollar speech this afternoon (the video was 38 minutes and 45 seconds)

[@RealEyes-Realize-RealLies]

😂

[@steveladner4346]

People we're not allowed to talk about are in full control.

[@Enronauditor]

Who allowed it though 🤔 Congress is getting paid to call rich people all week to get campaign contributions

[@correykrickeberg4254]

1000% agree!

[@Womba1009]

If the USA handles its debt it would be once again the driving force of the world. Not to say it is not now just from the outside looking in it is incredible to see how strangled the USA is with this debt. The idea of freedom has to be matched with financial freedom.

[@frankcastle2876]

Very glad to watch this after my wife and I decided to not have kids 20 years ago. They would have been poorer than we are. By a HUGE margin!

[@RAThatFNGirlChicago]

I like this dude❤❤❤❤❤ he understands the mission.

[@shawnryan9185]

Thank you for taking your time to speak the truth. I hope the other 434 voting members pick up some of the knowledge that you are sharing.

[@SharperPenImageConsulting]

I love this guy!

[@Nuggiesoftruth]

Let’s goooo

[@RAThatFNGirlChicago]

Get the lobbyists off of Capitol Hill! Too many ppl are profiting off of bills their bills. This is not what our votes should be used for.

[@crystaldemons207]

5 billion dollars on loan on 1 account at 5% is 250 million a return, on "100" accounts in a portfolio account, these 100 accounts make less than 5%, where did 2.5 million in interest go per account!

[@r.r.r.918]

Fiscal health of most developed countries = bad shape Credit Expansion >> Productivity Growth Govt's solution: 1) Great Depression where asset losses are realized; 2) Inflating debt away by monetizing debt by inflating away the debt. Historically, govt's usually choose Option #2. Bonds get hammered when this happens.

[@DaveE99]

The problem is that if the interest is being paid to U.S. citizens it’s money that goes back into the private economy. Plus nothing stops us from as a country from just spending to buy our own debt and pay ourselves interest.

[@tamdang8346]

Lel.... imagine a day when the interest rose too high and US can no longer borrow to pay interest what would you think will happen to the people who US owed 36T USD ?. Indeed that is what US has been doing since 2008, keep spending

[@crystaldemons207]

I've seen beneficiary returns as low as .03% on a 100k up to 1.8/1.9 mil and they can't say they don't masterfully retrofit annual dividends on trust. We are getting hosed because of the mill rate as well! And scenic points and all these mils

[@crystaldemons207]

Pools need to be capped for returns and not be allowed to diversify their beneficiaries interest like they think we are the bottom of the pyramid. You can't lead people on thinking you have 5 billion when your suckering them in to collect the money for loan, that's supposed to be money earned legitimately by a broker, not issued on loan from himself by another party.

[@crystaldemons207]

This is the conflict of interest, private and corporate can't tell the difference between a sovereign beneficiary and a job working for the government to maintain their own prospects.

[@aperturesignaturebandwidth]

Rep S, interest rates will be heck. I believe aswell that improvements can be made in healthcare. Of course, this is not a concern for my lawmakers because they have been collecting retirement income for the last 12 years

[@crystaldemons207]

Not to mention continuing to borrow while never meeting return on interest goal, it's just down right ETF fraud!

[@crystaldemons207]

Giving brokers revolving door loans with no structure is a bad idea! Always!

[@crystaldemons207]

Why don't trustees give daily interim on beneficiary trusts? Why is it not compounded daily on a market? Instead they then amortize trust and then fractionate it? If 5% is 5% why don't beneficiaries even see this 5% we see the bottom of the barrel scrid after all the pass through entities and taxes etc etc? These umbrellas are costing beneficiaries on the irrevocable trust end because we lost all trust and the proof is in the pudding. We have become a retrofit charitable write off because of portfolio excursions these trustees make for themselves not for us!

[@crystaldemons207]

The two faces of a trustee.

[@jimsummers487]

Moodys wants America to have more billionaires

[@jays.9259]

There's no way you are not being shadow banned with the views I've seen your other videos get on this topic.

[@MirSts-d2u]

We need protection of all humans life from moment of conception.

[@GaryWebb-pt3fu]

This would probably go no where, but since all the countries of the world are buying and selling each others debt in a round-robin fashion. What would it look like if as a World the countries came together to dig each other out of the created hole and decided to "Forgive" or just knock off 3%, 5%, 10% of overall interest owed to and between each other? A loan modification of sorts.

[@justinshelton5815]

We are so fucked. Thanks for trying.

[@crystaldemons207]

With a two faced trustee and trust, if you have a mortgage separate from a family trust, the mortgage you own "they own" also and you wind up paying them a mortgage that supplants a private family trust? Can they not see this? Corp is too big! This is totally conflict of interest, they are supposed to be supplanting us with 5% as beneficiary and yet you pay for example in my case 4.875% on a home , I am paying them twice over and my mortgage money feeds the portfolio that feeds my trust, for example JP Morgan supposedly bought my mortgage, (I'm fighting assumptions essentially) but the money I paid JP is a stakeholder asset in my trust? Am I not just paying my family a portion of a trust then via my own mortgage money?

[@RAThatFNGirlChicago]

He need to be part of the DOGE Caucus. Also, Military R&D projects take up a lot of govt expenditure money. I don't mean to say gut it but that needs some review.

[@crystaldemons207]

If I had to guess I'd say Janus is the idol.

[@DaveE99]

Problem is that if you pay back the debt you also create a depression in the economy

[@RAThatFNGirlChicago]

Elon Musk will probably end up being the one to do it. An innovation along with reforms would be building a bullet train route along route 66 get you from New York to California faster than a plane could. Europeans don't pay as much as we do for plane tickets. They got trains that get them from Germany to France in an hour. This could be fuel costs saving, climate savings less planes in the sky. Revitilization of a historic highway and business. Why haven't we?

[@nickt123]

The automobile lobby. And I can assure you Elon Musk will not be the one to get a bullet train done.

[@VietTran-IAMV]

The only guy that was liked by both democrat and republican

[@vvvv4651]

Learned some things in this one. Sounds like u mogged on em

[@RAThatFNGirlChicago]

Stop giving govt aid to countries that do not use it right i.e. Venezuela got tons of aid from us but all their people are at our border. We need to stop that it's not helping or changing anything. There are other countries like that we could save billions right there.

[@personman8404]

The new debt brought to market, who's going to be buying it as well? With China recently starting the process of offloading U.S. debt, we might see a ripple effect of our debt needing to be financed at a higher rate because of a smaller debt market

[@michaelbest7872]

NO ONE SEEMS TO CARE! ? You said it, Dave! I'm not sure what more continuously and repeatedly you can share that will open your colleagues minds and eyes to this, except HOW you share it! 💡 David, Y0U are sharing this stuff in a way that they ALEADY know this, when they don't! While it's simple to YOU, Many of your colleagues don't really understand how important it is, because I think, they are not PERSONALLY "concerned," to say it nicely. Meaning first, they are given a good salary being Elected to SERVE. 2nd, they think U.S. debt/borrowing doesn't literally come of THEIR own pockets too, so, they continue to vote to spend taxpayers' money for WHATEVER (both parties do this). Dave, you present this stuff as if you think THEY ALREADY KNOW and UNDERSTAND IT! David, They DON'T! Your joke about being 13, YOU thought that was funny..,. and it WAS ( like you and I, and some others)! But only to a few, right! I think these are some reasons why YOU think NO ONE seems to care. ! ? Dave, I respect you. Equally, while respecting them, You HAVE to reach them as if they are elementary school level people! Show them (okay, with charts too) HOW their ignorance has ALREADY affected THEM, instead of just saying and showing them the what if's, 10 years later! Also, I know it is hard to reach those in Congress that are not living paycheck to paycheck about this, but you need to, before it's too late, if it's not too late already!!! Dumb down your presentations. Show your constituents in Congress how whatever they do, also contributes to the rise in costs for THEM! Again, share this stuff with them, as if they don't know it! Economics 101 ! At the same time, respect your colleagues as you always do. Sometimes you have to light a fire, so to speak, to get people to act. Keep doing that. [Also, I know, bad timing on that metaphor (light a fire) when comparing what's going on in Congress to the L.A fires]. I understand, and care, but I'm amongst the few. Reach the MANY! Wake them up! Reach them personally too! If they do not listen, I know it will still bother you, and you will continue to reach out anyway, because you care about this. You can only share what you know, and you can say you tried to reach ALL.

[@arthurday4547]

Sir this is wendy's

[@crystaldemons207]

If your mill rate is 15.5% then what the F is a dividend considered? Sorry...this is bad!

[@Plan_it-Farm]

Does it feel like your talking to a 2x4. Ide imagine you feel insane.

[@dreamsbyte]

Why is he talking about money like it's real?

[@EduMenaT]

D.S. 2028!

[@theant4268]

You're a fool, think about what happens in more than 1 lifetime. We wont be old forever.

[@eminem1149]

He is saying 10 fiscal years. I didn’t know you went from 18 year old to 65 in 10 years bro. I think you are the fool

[@hocky-ham324-zg8zc]

Why are all of the seats empty? I'd like my tax dollars back.

[@JohnDoe-i1h]

stop having kids faster please 🥺