Point out before any of that we were still 70 trillion in the red as a species. So this notion we can hang it all on the meltdown, still this year size and acceleration is remarkable and scary. Seven years ago the u. S. Government debt was about 4. 5 trillion. It is three times that now. Seven years. What will it be in another seven years . Thank god for low Interest Rates, they shielded us, so what happens when those rates starts to rise . Just one or 2 uptake will add trillions in red ink. Spending remains unchecked here, there, everywhere. Conservatives talk a lot about it but Even Tea Party favorites arent offering many specifics to deal with it. Someone is going to have to, and soon, because this is an about the western world out to lunch. This is about guys like Vladimir Putin who see us for the indebted alm comes we have become and enjoy eating our lunch. John mccain will tell you when you are in over your head, dont be surprised if some not so friendly folks kick you in the you
Point out before any of that we were still 70 trillion in the red as a species. So this notion we can hang it all on the meltdown, still this year size and acceleration is remarkable and scary. Seven years ago the u. S. Government debt was about 4. 5 trillion. It is three times that now. Seven years. What will it be in another seven years . Thank god for low Interest Rates, they shielded us, so what happens when those rates starts to rise . Just one or 2 uptake will add trillions in red ink. Spending remains unchecked here, there, everywhere. Conservatives talk a lot about it but Even Tea Party favorites arent offering many specifics to deal with it. Someone is going to have to, and soon, because this is an about the western world out to lunch. This is about guys like Vladimir Putin who see us for the indebted alm comes we have become and enjoy eating our lunch. John mccain will tell you when you are in over your head, dont be surprised if some not so friendly folks kick you in the you