I recently recieved an email today that pretty much sums up our country’s status in one simple chart.
(Special thanks to my brother Bernie for the email)
After two years of Obama…
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the
rest of our entire nation’s history. Over 27 times as fast. Metaphorically speaking, if you are driving in the right lane doing 65 MPH
and a car rockets past you in the left lane. 27 times faster, it would be doing 7,555 MPH!
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA;
(6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor’s/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11)
The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
I am a firm believer in the saying that numbers do not lie, folks. We are in big trouble here and Obama’s recent fake budget proposal could very well finish off Americas economy. Thus the importance of supporting our representatives in Congress and our State Governors, in their quest to install some fiscal sanity into our country today.