Monday, January 30, 2012

The Systemic Poison of U.S. Debt

Scott Strzelczyk

The U.S. debt has ballooned from $1 trillion in 1981 to $15 trillion today.  Annual deficits under President Obama routinely exceed $1 trillion.  Regardless of the party in power, the ruling class continues to employ the "kick the can down the road" tactic.  The tactic implies an infinite road with no end.  In reality, the road is more like a runway with a definitive endpoint, and we are nowhere near take-off speed.

Consider these ten facts:

No comments: