I just discovered this Debt Clock which is one of those things that you really do need to see to get its impact. Words fail. So, having said that I will shut up and provide a link… EXCEPT (surprise, surprise) to say that it is no revelation to see that regular citizens really do get it and the politicians really don’t. All categories of private debt are going down and all categories of public debt are going up.
It’s pretty scary, because our GDP is going up and up and so are the tax revenues at the state and federal levels and the debt at those levels is going up even faster. No matter how much is brought in more goes out. It’s like we’re going down a steep hill in a fully-loaded truck with no brakes. It’s hard to believe these politicians even pretend they’re working for our best interests.
Click HERE and See for yourself
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