Friday, September 17, 2010

We're Broke, So Whats Another $814 Billion Right?

You're going to have to excuse my early morning rant, but ladies and gents I can't just let this one slide past us. We are currently in one of the worse financial era's in the history of our country, the governments is spending more and more money daily and the unemployment rate is still on the rise. But hold on to your seat because the government has a plan! Yes, that's right they know how to fix this! The solution you ask? Well that would be ANOTHER stimulus package, this one with a price tag of $814 billion dollars. That should do the trick, just like the last one, right? After all it will build a highway in Ohio and a factory in Michigan, all of our worries should now just fade away. Am I the only one who sees a HUGE issue with ANOTHER plan that will cost American tax payers another almost TRILLION dollars that we DONT have. The National debt is currently 13,504,723,630,204, so whats another trillion right?  The estimated population of the United States is 309,129,322 so each citizen's share of this debt is $43,686.32. The National Debt has continued to increase an average of $4.15 billion per day since September of 2007. Check this out and let me know what you think. Oh, also in the news this morning, the poverty rate has hit a 15 year high. You can check that story out here if you would like, but honestly I don't have it in me at the moment to even begin to explain that one...