Tag Archives: debt

Federal Debt, The Way I See It

If the US Government were a family & their household income was $55,000 per year, they’d actually be spending $96,500 — $41,500 more than they made! That means they’re spending 175% of their annual income! So, in 2011 they’d add … Continue reading

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Growth, Energy, and Debt

I just read an article titled “Debt tantrum on a sinking ship by Richard Heinberg” that I want to share a few quotes from regarding our current national debt: Republicans say that more government debt is unsustainable. If we keep … Continue reading

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The Clash of Generations – NYTimes.com

the generation that came of age in the last 50 years, my generation, will be remembered most for the incredible bounty and freedom it received from its parents and the incredible debt burden and constraints it left on its kids. … Continue reading

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Ron Paul Video

Ron Paul: “We Will Default Because The Debt Is Unsustainable” | RealClearPolitics.  Super 5 minute video from Ron Paul explains our debt situation very clearly and accurately.  I don’t think he made any political friends from this one, but I sure … Continue reading

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