Saturday, January 15, 2011

US debt over 14 trillion

US national debt is over 14 trillion and rising. That is over $45,000 for every child, woman, and man. Friends, this one is serious. People do strong oppose any more debt increase. I understand why it is they oppose. Sadly, we have been printing too much green. As a result inflation creeps in. Timothy Geithner says a failure to increase our borrowing limit this year may lead to catastrophic severe economic consequences.

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