Last week our federal debt surpassed $13 trillion...and the average debt per citizen has soared to $42,144. This is the first time in history that our country has sunk this much into the red. Say what you will about the spending of previous administrations, but there is no doubt that B. O. and the Democrats running the economic show in Congress are on a high-speed track to America's financial destruction.
Since the inept Community Organizer has taken the reins in Washington, our government has spent an average of $5 billion a day. That is almost three times as much as the daily average under George W. Bush. This means that so far under Obama's presidency, our national debt has risen $2.4 trillion.
Recently, BO had harsh words for the GOP .. he criticized them for sitting on the sidelines and not offering any solutions. Perhaps Obama should direct some of that anger towards his fellow Democrats in Congress who have refused to vote on a budget this year. Other than defending our nation, is there a more primary function of government than setting a basic budget for operations? While Obama has managed to appoint a debt commission, what real action do you see the Democrats trying to take in tackling our debt crisis? The answer is that you don't. That's because this is a crisis that isn't going to win them votes. It isn't going to win them re-election or union support or local memorials in their honor. It is going to be an issue that takes real guts - it is going to take politicians who are not there because they seek power, but because they want to get this country back on track. Where can you find such selfless people nowadays? Sure ain't the people currently running the show.
While we are bemoaning the $13 trillion debt, this is a great column from Caroline Baum at Bloomberg News:
"We feel for this mom whose work options are limited by the need to care for her 3-year-old daughter. We all know someone who has been left jobless, financially strapped and emotionally bereft by the recession. Yet, at the risk of sounding hard-hearted, the U.S. can't afford to provide everyone with food, clothing and shelter, not to mention medical and child care, college tuition, a low-interest mortgage and a Social Security check until death.
As much as this single mom's plight tugs at our heart strings, using deficit financing to provide her with government subsidized child care is dangerous to her child's health. That child will have to shoulder the bill. That's the pain we don't feel or hear about; the pain that doesn't make its way into news stories, at least not in human terms; the pain that's no less real, just less pressing."
Do you get the point? Things may be a bit rough for us right now no thanks to this idiot president and his moronic administration , but do you realize the burden we're putting on our children to ease the pain for ourselves? Wouldn't a loving parent suffer the pain right now so that their children might have a better life? The pain is no less real. It is a pain that doesn't make the front page of the news. Forget swimming pools or choking hazards. Our federal debt may be the single greatest danger to your child's health.
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