When John Kennedy took office Jan, 1961 our country was a total of 300 billion in debt. A debt that had been accumulated over the previous 185 yrs of the USA’s existence.. including the fighting of TWO WORLD WARS, a CIVIL WAR ,the WAR of 1812 and the Korean War
This fiscal year’s budget short fall – ONE YEAR – will be about TWICE the amount that took our country 185 years to reach in debt
Today our country is abt TWENTY TRILLION in debt. Four those of you who are weak on math .. over the last 55 yrs our national debt has grown SEVENTY TIMES..
Because “we the people” really owe that debt… in 1961 each person owed about $1,700
Today each person owes abt $62,500
Also considering that there are an additional 150 million people in our country now as opposed to 1961.
Both political parties are equally guilty for all of these giveaways.. for various reasons.. Don’t forget that Congress also stripped all the “excess money” in all the Medicare/SS/Railroad/Medicare disability trust funds and filled those “trust funds” with IOU’s from Uncle Sam.
when you chose who to vote for in the upcoming election… the more they use the word FREE.. promising you something… healthcare, college education,,, etc,,,,etc… they are going to put it on our nation’s “credit card”… which our children, grandchildren and great grandkids will have to deal with.
We are already dealing with a generation that it is questionable if their life will be better than that of their parents… the first time in the USA’s history.
Filed under: General Problems
Vote them all out and give the loosers the check. Yhe fact that every elected official voted out of office still recieves a paycheck from the tax payers is ridiculous. An estimated 9 trillion dollars has been paid over the last 58 years to retired representatives whether they served 1 term or 20. This doesn’t include retired presidents either, between the 2, that’s well over 50% of the debt. So we all need to ask ourselves this, Was there service worth our tax dollars? Make them flip.the Bill for putting our country in this predicament.