Wednesday, February 17, 2010

Where are you?

Here are some very important facts that every tax paying American needs to be aware of. The United States is now $14.3 trillion in debt and the last $1.9 trillion increase in the national debt is just the last spending that the Democratic administration has added (the third increase in the first year of Obama's term as President of the United States.) Less that 10 years ago, $1.9 trillion financed the entire federal government for an entire year.

It took 200 years to build the federal debt to a total of $1.9 trillion. In 1981, then President Ronald Reagan described $1 trillion as "a stack of thousand dollar bills 67 miles high." In seconds, 1.9 trillion adds up to about 60,000 years. In hours, 1.9 trillion would take us back almost 220 million years ago when dinosaurs were just beginning to dominate the Earth. This last $1.9 trillion adds to the debt of every man, woman and child in the U.S. $6,000.00. This simply adds up to you, your children, your grandchildren and your great-grandchildren a debt of $45,157.89 dollars each which must be repaid!

Added to the above, the Congressional Budget Office shows that the U.S. could run out of money by running up an additional $1.4 trillion before the end of the current fiscal year. Just the interest on this debt is going to be $6 trillion over the next decade.

I would hate to think that this generation of Americans has become so self-centered and selfish that they live only for today with little or no concern about how their narcissistic behavior will affect future generations of Americans.

It is mandatory that we remove those from government that have such disregard for the welfare of generations of Americans that are yet to come!

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