The video below is almost two years old and since then we've moved a lot closer to the economic cliff. If you aren't nervous, you should be....especially if you are dependent on government to take care of you. Because the nanny state is running out of goodies and the only way to prop things up is print more money which increases inflation. So if you think you're poor now, just wait until your weekly grocery bill is $600.00 and you're eating oatmeal and beans. As of today, the national debt is moving rapidly toward $16.5 trillion dollars. Every U.S. citizen's share of the debt is over $52,000. According to Thomas Schatz, President of the Council for Citizens Against Government Waste:
The national debt has increased from $10.6 trillion to $16 trillion, or 50 percent, since President Obama took office.
The national debt will increase from $16 trillion to $25.4 trillion in 2022, or 59 percent, under President Obama’s budget plans.
Every man, woman, and child in the United States owes more than $50,000 as his or her share of the national debt. (Read the rest....)
This administration has a death wish for the U.S. and it is rapidly bringing it about. I sure don't want to hear whining from the Obama supporters when the inevitable happens.
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