Posted on 01/06/2011 11:00:30 AM PST by ColdOne
That’s not enough.
Not enough. Not even close. According to last year’s cash flow, in February we can fun the national debt and the DoD and that’s it.
Yes it is. I suspect the Tea Party came at least two years too late.
According to the world bank out GDP is $14 trillion. Our debt is $14 trillion.
We are there.
$500 billion pays for the national debt for one year.
Our debt costs would soar past the point where we could pay it, meaning that all the dollars every one has would be worth nothing ever.
Lenin said we would sell the rope he needed to hang us with. Instead we bought the rope to hang ourselves.
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