Fifteen trillion dollars.
Today, the US National debt passed the fifteen trillion-dollar mark. That’s quite a record.
Welcome to the gates of hell.
If you want to see our—your debt—in action, here’s the US National debt clock live. I stared at it for about one minute and my head started to pound.
Interest on our debt represents about a third of the cost of Social Security. In about 20-years the interest will exceed the cost of that program.
You can confiscate the wealth of every millionaire and billionaire in America and the money wouldn’t even begin to make a dent in the national debt.
Taxes are not the answer. They are simply a ploy in Obama’s class war against the free market.
Another horrifying number: the US government is now gobbling up 40% of our GDP. This means that trillions of dollars from our economy are used merely to feed itself—a bloated series of interlocking, self-perpetuating bureaucracies.