David Walker, the former US Comptroller General, says that the federal debt level is approaching $55 trillion and if you add in the what is owed on the state and local levels — plus personal household debt — it adds up to $75 trillion in obligations.
So how much is $75 Trillion in obligations?
At the $75 trillion deficit level a family of four owes $1 million, he said.
I don’t know about you, but even if I had a million dollars lying around, I wouldn’t be ponying it up to Obama & Co. In fact, if I had a million dollars lying around, I’d be doing everything in my power to find a way to hide it from Obama & Co… not because I don’t want to pay my fair share but because they will punish me for having it, and then take it from me to give to someone who quite frankly didn’t work for it and likely doesn’t deserve it.
Regardless, even at $1 million per family, these clowns are spending money faster and faster. If my family and your family can’t pay $1 million each, how are we going to pay $2 million or $3 million each when these buffoons are done running the place?
They don’t care…. they won’t pay it.
But eventually, the rest of us will.
Comments are closed.