Posted on 05/23/2011 8:12:50 PM PDT by Heather Landstrom
You know our country is broke, but did you realize our $14 trillion debt is a drop in the bucket compared to where we’re headed if we don’t make tough decisions now to control federal spending?
Two years ago, the Government Accountability Office pegged the federal government’s unfunded liabilities – promises made to Americans that the government could not fund – at $62.9 trillion. Last year, that number grew to $76.4 trillion, and it’s now $99.4 trillion.
When the debt reaches 60 percent as a share of the economy, you... Read more.
(Excerpt) Read more at bizpacreview.com ...
Problem is that few people are willing to take even partial steps. The DemocRATS won’t propose anything serious at all.
excellent
i hope they won’t mind if i keep what i can while it’s still worth something and the country still exists
after all, why bother collecting taxes... just print more.
can’t do more damage then they’ve already done.
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