As it stands, the national debt keeps growing and growing with no end in sight. You can't trust any of our elected elite (Democrat or Republican) to make the Draconian cuts necessary to avoid sliding off the nation's fiscal cliff. When this headline was posted, the U.S. national debt was approaching $16 trillion. Today the total debt may have surpassed $16 trillion. As terrible as the debt is, the interest on the debt is killing us. Economic experts are saying we are almost the point we can't pay off the debt. We're almost to the point where we can't even pay the interest on the debt. It's not going to be a pretty sight when payday comes. We'll be enslaved to China when that day comes. They own some of our bad debt.
To read the full story, click on the above link from FoxNews.com.
No comments:
Post a Comment