The debt ceiling has been raised seven times under the Obama administration. This amounts to $43,000 per household according to the Heritage Foundation - a bunch of smart people that study this kind of stuff. And, now, the Republicans are reportedly are proposing to suspend the debt ceiling for more than a year which would add $1.1 trillion to the debt.
If money is the number one cause of divorce in this country, and it is, then it appears that we need to divorce our government - trade’m in and get a new one. The bottom line is that we are broke and getting broker. Politicians don’t really care how much we as a country owes. All they want is to get perks and reelected.
The current administration seems hell bent on burying America by bankruptcy.
I can hear Nancy Pelosi saying, "We can’t be overdrawn at the bank, we still have some checks left."
PMO
©2013
No comments:
Post a Comment