At the top of my blog there is a ticker that perpetually updates the national debt and each individual's personal share of that debt. It has been spinning there since just after the election. When I first put it up there, "my" share of the national debt was $198,000. On July 23, as I was posting I noticed that it my share had risen to $202,000. Just two days later, my share is now $203,000. Just 6 months into the Obama administration and without Crap and Tax and Health Care Control---yes, just from the bailouts and Porkulus, my share of the national debt has risen $5000. At that rate of nearly $1000 a month, and looking at the way the administration is rushing to push through every massive spending bill, by the end of the first term (and we can only hope the last) in office, EACH of us could owe an additional $48,000 to the debt. According to census information for 2006, the median family income in the US was $58,407. This would mean that at the end of the first Obama term, the average family would have to work 5 years for each member of the family to pay the debt our country owes. Obama's economic plan is truly generational theft.
This rate of spending is truly unsustainable and those that support this should soon be UNELECTABLE......and the sooner Washington gets that message the better off we will be.
About Me
- Carolyn
- St. Louis, MO, United States
- What the name sez, Christian, conservative, 2nd amendment supporter. Physician, wife, daughter and loving mother.
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