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Friday
Nov022012

VIDEO: Bankrupting America: $16 Trillion And Still Digging

$17 Trillion Full Steam Ahead

Guest post and original video submitted by Bankrupting America.

Our national debt is $16.19 trillion.  That is more than $51,300 dollars per man, woman and child in the United States.  Yet, Washington continues to dig us deeper and deeper into debt.  The national debt is now 104.8% of our economy for the first time since WWII, but instead of cutting spending to reduce the size of our national debt, Washington continues to run $1 trillion deficits for the 5th year in a row.

$16 trillion and Washington is still digging.

To view the facts behind this video click here.

 

IT'S OFFICIAL:  Deficit Tops $1 Trillion For 5th Straight Year

 

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Reader Comments (3)

How Congress Costs You $100 Million Per Week

http://dailybail.com/home/how-congress-costs-you-100-million-per-week.html

Also from Bankrupting America
Oct 19, 2012 at 1:12 AM | Registered CommenterDailyBail
I would say the average American has positively no clue just how serious the debt crisis is. Travelers and PBS put out a great 60 minute documentary explaining the US debt crisis and possible solutions in terms the average person can understand. President Bill Clinton was interviewed extensively and made some surprising revelations about the debt and the solutions. You MUST see this BEFORE the election. It is SHOCKING!!!!

http://www.youtube.com/watch?v=MqW628w_z4w

http://www.travelers.com/about-us/travelers-institute/thought-leadership/debt-crisis.aspx
Oct 19, 2012 at 8:47 AM | Unregistered CommenterMary Reilly
Good link, thanks Mary.
Oct 19, 2012 at 11:17 AM | Registered CommenterDailyBail

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