Monday, January 27, 2014

usdebtclock.org - Watch The Numbers Grow

This Blogger has been ranting about our National Debt throughout the Obama Presidency because Socialist President Obama has added more to the National Debt, currently at $17.3 Trillion, than any other President.  President Obama inherited about $10 Trillion in National Debt, when Bush II left office, again amassed by the prior 43 Presidents.   Obama has added more than $7 Trillion to the National Debt, with no end in sight, in just five years.   By the time Obama leaves office based on the current trajectory, he will have doubled the National Debt.  But that is not all.  If you would like to see all the numbers live pertaining to the State of the Union, just go on usdebtclock.org.  It will be a frightening, eye opener.

Shortly, in the month of February, we will see the dance in Washington DC concerning raising the Debt Ceiling to allow Obama to continue borrowing our country into bankruptcy.  President Pinocchio Obama insists that there be no conditions related to raising the Debt Ceiling.   Republicans would like to see some spending cuts in exchange for raising the Debt Ceiling, which is just common sense.   When Obama was running for President, he accused George W Bush of being "unpatriotic" for adding to the National Debt.   I guess that would make Obama a Traitor, since he has added more to the National Debt than any President in American history. 

Forget about President Obama's State of the Union Address.   Obama's speech will be filled with lies as usual because the President can't speak the truth.  Instead, if you want to be an informed and knowledgeable citizen, just go usdebtclock.org.  Be prepared to be shocked by what you see.  Every second of every day, Obama is borrowing and spending more money than our country has in annual revenues; about 40 cents of every dollar spent by the federal government.  You will also see the $127.6 Trillion in unfunded liability for Social Security, Medicare and the Prescription Drug Entitlements.  This is interesting since the combined assets of all Americans and companies etc is only $109 Trillion.   So if the government confiscated every dime of wealth in the United States from everyone, not just the rich, which the Socialists would love to do, there would not be sufficient funds to cover these Entitlements alone, without even counting all other Entitlements like ObamaCare and public employee pension liability.  

You will also see the real unemployment numbers.  Almost 20 million Americans are actually unemployed as a result of the Obama Recession.  92.2 million Americans are not in the Labor Force.  About 14 million are collecting Disability Benefits.  47 million are on Food Stamps and Welfare.  The numbers go on and on and up and up with each second.  The picture painted in real terms is dismal.  Our National Debt is now greater than the Gross Domestic Product of the United States.  There are about 24 million local, state and federal government employees; many in public employee unions, bankrupting our country.  The frightening numbers on usdebtclock.org are astounding.  Don't believe this Blogger.  Take a moment and see for yourself.   The numbers in this Blog Posting have already grown larger since it was posted.   

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