|
National Debt = $15,000,000,000,000.00
Sometime last night our nat'l debt reached $15 trillion. Estimates are at the rate we are going we will reach $16 trillion by next year's elections. The debt was $10 trillion when Obama took office. The increase in debt under his watch is an all time record.
The so-called "Super Committee" is only proposing $1.3 trillion in deficit reduction spread out over 10 years. The president's own bipartisan debt commission (whose proposals he completely ignored) determioned that $4 trillion needed to be reduced immediately. Should the Super Committee fail to cut at least $3 trillion, most experts believe we will be downgraded again by the credit rating agencies.
Folks, we are in serious trouble and our leaders blindly proceed with no integrity or will to do the right thing for our nation and for our future. Look at Europe. They waited until the brink of disaster before takig action. Some think it may be too late.
I wonder if Americans will rise up between now and next year's elections and actually force our leaders to cut spending drastically NOW?
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
|
Threaded Mode
