Friday, March 23, 2012

O'Bama's accumulated debt has just dwarfed that of President Bush's 8 years in only 3 years and 2 month's. O'bama created debt climbed to $ 4.93 Trillion compared to $ 4.89 Trillion during Bush's 2 terms. This is according to the Treasury Departments Bureau of public debt.
 O'Bama called the debt accumulated by then President Bush as "unpatriotic" during the 2008 presidential campaign, so far has let the red ink grow to $ 15.5 Trillion! I would really like to know what he thinks of HIS debt.
 It is more than 100% of the gross national product, the total value of goods and services produced in this country.
Amazing how this President blames Bush's policies and the economic turmoil he inherited for the skyrocketing debt. He has done absolutely nothing to control spending or create jobs. He and his cronies print money like mad and think it has no long term effect on the economy. Bernanke needs to go. O'Bama needs to go with him.He must have gotten his degree from sears. (no offense to sears) They think no one is watching. Maybe they think the people of this country believe their BS. Unfortunately, there are many that do. The news media is too afraid to let the facts speak for themselves. I really don't understand how, in this country, and in this day and age, we allow this to be covered up.
 4 years worth of damage is bad enough, 8 years would be devastating to this country's economic survival.
 I honestly believe that this administration is effectively eliminating the middle class. (The one's who pay for everything in this country) 
I also believe that my generation will probably be the last who are able to retire. (Barely) I can see my children, who do have college educations, will have to work for virtually the rest of their lives. It truly saddens me to think of this, but unless something changes, this will be a reality. Unless you are already wealthy, or by chance hit the lottery, this may be an inevitable outcome. I know if we have 4 more years of this mismanagement, it will be extremely difficult for anyone to dig this country out of the ditch the current administration has put us in.
This country needs to wake up. Before it's too late

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