$16,000,000,000,000 And Growing! Wake Up People!
Excuse my ignorance but I believe I have enough zeroes in the figure. At the rate this debt is growing I am likely wrong as it will change by the minute. All I can say is WAKE UP people! Turn off American Idiot and pay a moment of attention. Do you have any idea what the whores in Washington are doing if not to you then to your progeny?
The U.S. debt now stands at 100% of GDP. Economic historians tell us that when the figure approaches 130% of GDP, the nation in question will fall. Is this what we want? Who is minding the store? The House of Whores, er excuse me our elected representatives. As if they care. They have theirs. That is the root of the problem. The more they dispense to their special interests, the more they receive in contributions and perks and insider stock tips. Yes they are comfortable indeed. Are you? Will your children? 50k and counting per person. Let us look at a trend and you can decide if it is a good one.
The federal budget for the years:
1960- $97 billion
1970- $195 billion
1980- $590 billion
1990- $1.2 Trillion
2000- $1.8 Trillion
2008- $2.9 Trillion
2010- $3.5 Trillion
2012- $3.7 Trillion
Notice any trends? It does not matter as it is indeed scary and economically unsustainable. Yet our "leaders" gloss over, nay dance around the topic every two years yet do nothing about it. Can you blame them. Just the mention of a measly 1% cut and the citizens are ready to rebel. Have we become a selfish nation? Sure looks that way to me at least for those at the government trough. Not intended to offend those but what else can I say. These figures are enough to wake one from a coma if not outright death. And this is just the annual spending side. Let us have a look at the total debt.
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