The longest government shutdown in US history is officially over. Seven Democrats and one Independent broke party lines to reopen the government. There will be no extended subsidies for Obamacare. Chuck Schumer encouraged his party to protest against the American people in favor of absurd policies that would not benefit the majority. Was it worth it?
Estimates suggest that the shutdown added between $15 billion and $30 billion to the US national debt per week. The Congressional Budget Office (CBO) predicted that a four-week shutdown would cause US GDP to drop by 1% for Q4 2025.
Over 670,000 federal employees were furloughed, while another 730,000 were forced to work without pay. The average federal worker lost around $10,000 during this shutdown. Congress did not go a day without pay despite their refusal to work. The shutdown expanded to 4.5 million when accounting for federal civilians and military members. Approximately 1.3 million active-duty troops experienced financial stress. Over 750,000 National Guard members were forced to continue working without pay.
American military families were sent to food banks for assistance after the politicians they fought for refused to fight for them. An anonymous donor sent the Pentagon $130 million to assist the military during the shutdown. Generous, patriotic, but also dystopian. The Pentagon could not even immediately receive the gift without going through the appropriate Ethics Official regulations, since the gift was in excess of $10,000. Meanwhile, the Trump Administration reallocated $8 billion from defense research to pay military personnel.
Over 40 million people lost SNAP food benefits. Airports came to a near standstill, impacting numerous sectors. The nation’s division became a global spectacle. Yet, at no point during the chaos did the Democrats agree to back down on their stipulations. Their temporary resolution still demanded an extension for Obamacare subsidies, among other outlandish items, and in the end the negotiations completely backfired—they walked away with nothing.
Senate Minority Leader Chuck Schumer voted against the final resolution on Monday night, as did all but seven Democrats. Defeated and embarrassed, the Democrats have largely turned on Schumer and are calling for his resignation.
“I’m not going to put a blade in my leader,” said Sen. John Fetterman who has been openly critical of the shutdown and Democratic Party in general. Fetterman said it would be hard for Schumer to win back the “indivisible” party members, or leftist extremists. “This has happened over and over. You cannot defend democracy effectively if you are not united as an opposition party, and we are repeatedly showing that we are not united,” Sen. Chris Murphy of Connecticut said.
The Democrats are too divided to continue existing as a united party—confirmed by the longest shutdown in US history.
Between 15-year car loans and 50-year mortgages, the globalist world order of YOU WILL OWN NOTHING is closer to reality than the majority realizes.
The premise of a 50-year loan is absolutely absurd. The average age for a first-time home buyer in the US is now 40. People will live in indefinite debt, settling for lower monthly payments rather than outright ownership. Total interest paid over the duration of the loan’s life would multiply, benefitting the lenders, but leaving nothing of actual worth for the “owner.” The majority does not realize the implications of living in perpetual debt.
Then there are states that implement inheritance taxes, so in essence, your assets will simply be passed on to the government, as the next of kin will merely be the next in line for debt. Property taxes continually rise each year. Americans never own their home outright, even if paying in cash, due to taxes.
Lenders would require a higher interest rate for longer-term loans that may even offset the lower monthly rate entirely. One could finance a $400,000 home for 6% with a 30-year fixed mortgage. The monthly payment with principal and interest would be $2,398.20. Total interest paid over the duration of the 30-year loan would be $463,352. If someone were to apply for a 50-year loan on a $400,000 house at a 7% rate, the monthly payment would be $2,406.75, and the total interest paid over the duration of the loan would amount to $1,044,050.
A 15-year car loan carries the same burdens of increased interest and perpetual debt. New cars lose up to 20% of their value as soon as you drive them off the lot. New cars are built cheaply and rarely last 15 years. The “modern” technology becomes outdated rapidly, and people usually sell when the burden of costly repairs outweighs the value of the car.
US President Donald Trump is likely hoping that these measures can repair confidence in the short term. The masses who cannot afford home or auto ownership will turn to perpetual debt and acquire the items. The problem will be prolonged enough for the current administration to come and go. I do not believe that Trump is selling into the WEF traditional idea of “you will own nothing,” but that will be the precise outcome of half-century mortgages.
Simply put: borrowers will not benefit from a 50-year mortgage that guarantees YOU WILL OWN NOTHING.
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