Obama’s Borrowed More Per Household ($53,616) Than Median Household Earns ($50,504)
Mayor Bloomberg Claims America Can Owe “Infinite Amount of Money”
March 1, 2013 By 18 Comments
“We are spending money we don’t have,” Mr. Bloomberg explained. “It’s not like your household. In your household, people are saying, ‘Oh, you can’t spend money you don’t have.’ Our debt is so big and so many people own it that it’s preposterous to think that they would stop selling us more.”
Zimbabwe Government Down to $217, America May Be Next
January 30, 2013 By 15 Comments
This is what happens when your Debt to GDP ratio is at 220% and your government’s economic plans consists of seizing land from farmers and handing it out to your cronies while trying to borrow even more money to keep the entire disastrous thing going.
Federal Deficit Increased 30% in 2012
January 20, 2013 By 4 Comments
Obama knows quite well that he’s spending money that can never be repaid. That’s why he’s spending the money. Because it’s his last chance to spend it.
National Debt Will Reduce Next Generation’s Income by 10-30 Percent
November 3, 2012 By 1 Comment
The debt will reduce the average family income by 10 percent in 2030, by 17 percent in 2040 and by 30 percent by 2050. So if the average family could be expected to be earning, say, $80,000 a year by 2030, their actual pay would be $72,000, and $8,000 of income would be wiped out by the debt.
Obama’s Vote Cost Taxpayers $716,000
October 26, 2012 By 8 Comments
Obama’s expensive vote in 2012 cost the country only ten more times than the average Obama voter cost the country in 2008.
Under Obama, Every American Family Owes China $10,000
October 23, 2012 By Leave a Comment
The debt that the U.S. government owes to foreign interests now equals approximately $47,495 for each household in the United States. Besides China, America is deep in debt to Japan, oil exporting nations and to Russia.
Demagogue Paul Krugman Slanders Republican Budget Cutters As “Extortionists” and “Blackmailers
May 16, 2011 By
