Would you be outraged if you parents took out a million dollar loan, lived in excess the rest of their lives while only making interest payments leaving you the outstanding debt upon their deaths?
That is exactly what the Baby Boomers in control of Congress are doing with the national debt that now broke the 11 trillion dollar ceiling this week. The Obama budget if approved by Congress will more than double the debt to $23 trillion in 2019. None of them will live long enough to pay off the first $11 trillion much less the new debt.
Thank You
3 years ago
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