Apparently there are still some decent politicians in Britain:
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Sunday, April 5, 2009
Friday, March 27, 2009
Sunday, March 22, 2009
I'm Glad He's Here
Oops. Turns out the U.S. government will have to borrow $9.3 trillion over the next decade to pay for Obama's inane projects. Right now the national debt stands at just over $11 trillion. Our total Gross Domestic Product equals $14.5 trillion. So if we add all of that new debt to our current debt, we will have a national debt 140% of our total national GDP. That means it would take over an entire year to repay all the government owes; that is over a year of paying for nothing but debt and nothing else. And to bring it a little closer to home: $20.3 trillion in debt equals almost $67,000 per man, woman, and child in this country. I am sure it is all worth it, Barack.
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