Thursday, April 28, 2011

US Debt

If you ever want to scare yourself, take a look at the US Debt Clock, it is not a fun sight. When you look at the debt you realize it is a big number going up quickly. Right now it is $14.3 trillion dollars, 70% of our GDP. To get out of debt every citizen would have to give up a years income and the government would then have a small surplus. Something that confuses me though is how Japan can have a debt that is almost 200% of their GDP. Wow we really need a president and government, and the whole American people who can step up and realize that the US debt is a real issue, and is way bigger than a couple people getting votes, it is time to not be selfish, maybe some more taxes, but most importantly we need the government to shrink and worry about itself and not trying to take care of every little thing. This is one reason why I believe the tea party is important, and why I like them, even though I may not agree with all of their ideas, the American people need to realize that all of the programs they want cannot be funded, but this needs to happen across the board.

http://www.usdebtclock.org/

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