Do you know what that means?
It means that this week alone, the United States is borrowing $25 Billion Dollars just this week alone in order to pay its costs!
$2 Trillion is what economic minds are saying our national deficit will reach this year alone!
I write about this time after time, and our politicians are so blind that they can't see it. Last year the United States took in about $2.5 trillion and spent about $2.9 trillion! Who is doing the fuzzy math?
If we do not draw in our expenditures and cut costs of government immediately, it make take generations to recover.
People are angry about a number of issues: TARP, stimulus, cap and trade, and now the health care plan. Everyone of these are plunging us or will plunge us into further debt that even bankruptcy cannot resolve.
If this kind of debt is not right for us, then is certainly should not be acceptable for our government. Pay off our debt, pay it off now!
post note - Today is the day it took you to work off your share of the governments intake of your income (224 days).
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