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March 4, 2010
An 'unsustainable condition' - before Obamacare
Topics: Political News and commentariesFor the first time since the Great Depression, Americans took more aid from the government than they paid in taxes.
It doesn't take a rocket scientist to know that spending more than you have coming in can only result in our nation going completely broke. And with Barack Obama having already shattered all previous spending records (Obama spent more than twice as much as Bush did in his first year and more than any other president in the United States history) - and continuing to do so, we're well on our way there much sooner than most realize.
And Obamacare will only make it worse. If you doubt it, check out this video - it speaks for itself. Paul Ryan exposes the accounting fraud used to make the Senate Bill "deficit neutral".
Related: U.S. deficit, spending at record levels in new budget
Posted by Abdul at March 4, 2010 11:13 AM
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