US Debt Clock: Unsustainable, but our government wants to keep spending until we can no longer borrow from anyone. What happens then?
[John K. Matyi] This is just a "Snipping" of the web site http://www.usdebtclock.org/ but if you would like to see this in full motion (so you can see how fast the debt for our nation is mounting up) just click over to the link above. BTW, this is just the top of the page... much more on the actual site. If this doesn't wake you up, consider this; click over to the site and watch the "Interest on Debt" in real time... it will get you dizzy.
When I look at all the increasing figures on this site I find it hard to get my head around them. So let me make it a little easier for us. Our government unfunded liabilities are now at almost 59 trillion dollars. So if we spread this out amung all US citizens, we each have a liability of $188,846. Now you know the real reason Obama is forcing Cap and Trade on us (Again, the largest TAX ever forced on the American people).
When I look at all the increasing figures on this site I find it hard to get my head around them. So let me make it a little easier for us. Our government unfunded liabilities are now at almost 59 trillion dollars. So if we spread this out amung all US citizens, we each have a liability of $188,846. Now you know the real reason Obama is forcing Cap and Trade on us (Again, the largest TAX ever forced on the American people).
Posted by John K. Matyi at Wednesday, July 01, 2009 7:48 AM 
Categories: Cap and Spend,TARP,Campaign Promises,US Debt,Deficit Spending,TAXES
Categories: Cap and Spend,TARP,Campaign Promises,US Debt,Deficit Spending,TAXES
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