With all of the spending by the Obama Administration our national debt has now topped $13+ trillion - which amounts to over $117,986 for every taxpayer. This is a record.
Our national debt now represents more than 90% of our gross national product - a figure never before attained.
And here is something our children and grandchildren must face. All of the U.S. unfunded liability from social security, the prescription drug plan,and Medicare now amounts to over $108 trillion. The figure per citizen is $351,852 and per taxpayer would be over $1 million.
Change sure is wonderful, isn't it?
Written by Jim, a Real Conservative
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