The Long Version

Retired broadcast journalist. Blogging helps scratch the itch. Recovering exRepublican – Sober and still Conservative.

Posts Tagged ‘Americans

The Chain Around America’s Neck

with 2 comments

On January 20, 2009, the total outstanding National Debt stood at $10,626,877,048,913.08.

On August 19, 2011, the number was $14,639,239,567,874.38

That’s an increase of $4,012,362,518,961.3 over the 942 days of the Obama Presidency that had elapsed between those two days, or an increase of $4,259,408,194.23 per day

If that trend continues the national debt will be $16,854,131,828,872.13 at the end of President Obama’s current term, and $25,292,019,461,634.69 on Inauguration Day 2017.

President Obama and the Congressional Representatives that support him and his policies that have increased the National Debt to these levels owe the American people an explanation and reasonable justification for putting this incredible burden of debt on the backs of future generations.

Two Problems.

1. They can’t explain or justify it.

2. They don’t really care to.

Frankly, they don’t believe you can do anything about it.

Written by DCL

January 23, 2012 at 8:32 pm