Can you read this mini-editorial before national debt increases by $2 million?

AlwaysWrite

Addicted Member
In the minute or so that it takes to read this mini-editorial, the U.S. national debt will have increased by nearly $2 million, and that should be alarming to every American.

Without a doubt, the $18.1 trillion-plus -- and rapidly increasing -- debt is a ticking time bomb that presents a serious threat to the nation's future, yet our political leaders seem unwilling or unable to do anything significant in an attempt to get the nation’s fiscal house in order.

Washington’s reckless and idiotic cycle of tax, spend and borrow can only result in default and bankruptcy, and that's both unsustainable and immoral. But in spite of the dire situation, Barack Hussein Obama continues to push for even more spending, and his latest budget proposal would have added an additional $7.5 trillion to the debt.

Reigning in spending is the first necessary step in getting the debt under control, but big-government advocates disagree, asserting that reducing debt and deficits needn't be a priority. House Minority Leader Nancy Pelosi has even argued that Washington doesn't have a spending problem, downplaying Republicans' focus on budget cuts.

Without drastic changes -- and soon -- we're heading into a "black hole" that will afford little room to fund such priorities as Medicare, Social Security national defense.

Federal spending has doubled in the past 20 years, and the U.S. is now on a "short list" of seven industrialized countries – along with Iceland and Greece -- with debt exceeding total economic output.


How can anyone capable of logical thinking not feel that financial ruin is in our nation's future if things don't change, and soon?
 

Spider

Member
There are already stories out there that China has told the US to disarm its citizens, as a condition of holding our debt...
 
Top