BENADOR: AMERICA'S ASSISTED SUICIDE

Right Side News ^ | 12/12/2013 | Eliana Benador

[RightSideNews]

While American babies are born with 54,320 debt on each citizen, PLUS a $149,947.00 per taxpayer on their shoulders, Australia’s national debt is a half-a-trillion only. The amounts are simply staggering. And, as the National Debt Clock keeps turning, numbers are at 17,224,121,XXX,XXX trillion. The clock’s mechanism is so accurate and runs at such speed that a naked eye can barely catch changes at the infinitesimal seconds at which it turns. As American citizens at large need to understand the methodology of a debt and the way to recovery, we repeat here the economic formula, courtesy of Investopedia:

GDP = C + G + I + NX where:

"C" is equal to all private consumption, or consumer spending, in a nation's economy "G" is the sum of government spending "I" is the sum of all the country's businesses spending on capital "NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)

[elkfersupper]

Congresscritters and federal government employees at large will either dispute, not understand or ignore the formula.

You can't use logic with these statists.

[broken_arrow1]

Should read BOEHNER: America’s Assisted Suicide