More debt for you, me and definitely our kids
Posted By RichC on March 26, 2010
After heated debate over the cost of a trillion dollar health care bill, the numbers for President Obama’s budget and deficit spending projection just got worse. It looks as if the deficit and debt is 1.2 trillion worse than a few months ago … that’s 1.2 TRILLION with a “T.” According to WSJ economist Steve Moore, by 2018 we’ll be spending more to service the debt per year (interest payments) than we spend to fund our military.
It’s hard to believe we continue to support bigger government through borrowing and increasing taxes (in turn slowing our economy = fewer jobs) — Is there no stopping our national spending insanity?
(testing Posterous.com and sharing audio via email)
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