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Midweek Mood Check: The growing economic crisis remains top issue in nation

Published in Blog on November 08, 2023 by Brianna Kraemer

The number one issue in America continues to be the economy, according to one-third of likely voters in a Scott Rasmussen National Survey. Polling shows after inflation and the economy, subsequent national issues include war, immigration, and American politics.

Recent news reports affirm the growing fiscal crisis in America:

  • Axios: Household childcare costs have spiked more than 30% since 2019
  • Redfin: Homebuyers Must Earn $115,000 to Afford the Typical U.S. Home. That’s About $40,000 More Than the Typical American Household Earns.
  • Bloomberg: US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
  • Heritage: Growing spending is the problem.

As the nation battles 40-year high inflation, the national debt exceeded $33 trillion in September. Now standing at $33.7 trillion, the U.S. is on track to hit the $34 trillion mark by the new year. Government spending has become so heightened that the national debt is expected to rise above $50 trillion in the next ten years. 

To address the growing deficit, 65% of registered voters would opt to cut federal spending, while about 14% would rather increase taxes than slash spending, The Center Square Voters' Voice Poll finds.

“Such irresponsibility is how a nation builds a fiscal bomb. Bidenomics, perhaps best defined as the government spending, borrowing, and printing too much money, not only made the bomb larger, but also caused inflation, which forced up interest rates. That was the match that lit the fuse,” wrote EJ Antoni, a Research Fellow at The Heritage Foundation. “Absent spending reform, eventually no one will be willing to hold the bomb anymore, and the yields on U.S. debt will begin to resemble those in Argentina. That’s when the bomb detonates.”

The fiscal crisis won’t be solved from within. The states can be the solution by calling for an Artice V convention to hold the federal government to account. 

Methodology 

This Counterpolling™ survey of 1,000 Registered Voters was conducted online by Scott Rasmussen on  November 1-2, 2023. Field work for the survey was conducted by RMG Research, Inc. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.  

The margin of sampling error for the full sample is +/- 3.1 percentage points.  

This survey was paid for by RMG Research, Inc. as part of the service provided for our Gold Circle Members. 

Sign the petition to call for an Article V convention!

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Petition your state legislator

Almost everyone knows that our federal government is on a dangerous course. The unsustainable debt combined with crushing regulations on states and businesses is a recipe for disaster.

What is less known is that the Founders gave state legislatures the power to act as a final check on abuses of power by Washington, DC. Article V of the U.S. Constitution authorizes the state legislatures to call a convention to proposing needed amendments to the Constitution. This process does not require the consent of the federal government in Washington DC.

I support Convention of States; a national movement to call a convention under Article V of the United States Constitution, restricted to proposing amendments that will impose fiscal restraints on the federal government, limit its power and jurisdiction, and impose term limits on its officials and members of Congress.

I want our state to be one of the necessary 34 states to pass a resolution calling for this kind of an Article V convention. You can find a copy of the model resolution and the Article V Pocket Guide (which explains the process and answers many questions) here: https://conventionofstates.com/handbook_pdf

I ask that you support Convention of States and consider becoming a co-sponsor. Please respond to my request by informing the national COS team of your position, or sending them any questions you may have:

info@conventionofstates.com or (540) 441-7227.

Thank you so much for your service to the people of our district.

Respectfully, [Your Name]

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