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The National Debt Road Trip: Trillions of Debt, Hurray?

submitted by Krupo

1 decade 5 years 5 months 3 weeks ago

This guy does a good job explaining what kind of dire state the US is going to find itself in at this pace of spending. Good luck down there.

2 Comments

davidraine

says...

This sounds wrong to me. It's as if this estimate assumes that defense spending will continue at current levels or it's not taking new tax revenues into account... I don't know. The real problem here is that I don't have the numbers in front of me. Anyone know where to find them?

gtjwkq says...

"Barack Obama talked about the fact that when you're driving towards a cliff, you need to change directions. The problem is that all he did was step on the gas."

-- Peter Schiff on the Daily Show, 06-09-2009