Sunday, February 15, 2009

Federal government's fiscal obligations calculated to be more than WORLD's gross product

Jerome Corsi has published a wallopin' eye-opener of an essay. According to his figures, the United States federal government's runaway spending (like the "stimulus") combined with its already existing financial obligations, is more than the gross domestic product of the entire world.

There is no way we are going to be able to pay for all of this in our lifetime, the lifetime of our children, and quite possibly the lifetime of their grandchildren. Not if our politicians keep adhering to this insanity.

Sunday, February 15, 2009

Federal government's fiscal obligations calculated to be more than WORLD's gross product

Jerome Corsi has published a wallopin' eye-opener of an essay. According to his figures, the United States federal government's runaway spending (like the "stimulus") combined with its already existing financial obligations, is more than the gross domestic product of the entire world.

There is no way we are going to be able to pay for all of this in our lifetime, the lifetime of our children, and quite possibly the lifetime of their grandchildren. Not if our politicians keep adhering to this insanity.