You don't need to be an economist to know this much: The government has racked up $17 trillion in debt — and it has ruined our country.
Certain presidents (the last 2 'bigtime') have decided to ignore the pleas of the people.
Multi-trillion-dollar wars... Unrestrained "stimulus" for social welfare programs... Bailouts for Big Banks...
Taking on that much debt without being able to pay it back is simply unsustainable.
The creditors (China!) will come calling one day soon. And when they do, our government won't be able to pay them back.
We'll have an economic collapse of historical proportions on our hands.
Bank accounts will be obliterated. Unemployment will be the norm. Urban unrest will grip the country. Millions of lives will be ruined...
Obama is preparing for that day -???- is he?
? so count on it in the next 3 years ?
? should "WE" ?