We have a problem...
Posted on Monday December 14, 2009
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Warning lights are flickering on the nation's dashboard. Click for real-time data:
Meanwhile, Democrats are proposing that we raise our nation's debt limit by nearly $2 trillion, to a record $14 trillion or so.
Our federal government is literally broke. And yet, we keep hearing calls for more and more federal spending. At a certain point, this house of cards will collapse. As Margaret Thatcher said, "The problem with socialism is that eventually you run out of other people's money."
Our federal government is literally broke. And yet, we keep hearing calls for more and more federal spending. At a certain point, this house of cards will collapse. As Margaret Thatcher said, "The problem with socialism is that eventually you run out of other people's money."
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