This post provides factual information about our economy and the national debt. Every man, woman and child citizen of the U.S. now has a growing portion of the near $17 Trillion National Debt…in fact…
Your Share Of The National Debt Is Now $36,000+ For Each Person
Please help me to understand the statement below…
In an effort to allay fears about increasing the debt ceiling, Barack Obama declared Wednesday that raising the ceiling doesn’t increase the nation’s debt, noting that it had been done over a hundred times before.
Um, what? Speaking at the Business Roundtable headquarters in Washington, D.C., Obama said:
“Now, this debt ceiling – I just want to remind people in case you haven’t been keeping up – raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up, Congress. It’s a basic function of making sure that the full faith and credit of the United States is preserved.”
Emily Hulsey | On 19, Sep 2013
When it comes to whether the economy has recovered from the Great Recession, many Americans are optimistic. After all, consumers are spending more, there are fewer home foreclosures, and an average of 180,000 jobs were added each month in 2013; all of these are good signs. But what about the other aspects of the economy, like the length of unemployment or the national debt? Are they back to where they were in 2008, before the recession? Here are 16 stats that show that our economy still has a long way to go before it can truly be considered healthy again.
And from LinkedIn and The Heritage Foundation please consider and use the following valuable information…
Beverly Farrar responds to this post with this info…
“Absolutely – Make their phones ring off the hooks.
There is a complete list of the people you need to call right here:”
By Beverly Farrar