The year America entered Red Spending: 1790
The National Debt equivalent to every American: over $38,000
National Debt rate of increase: $3.92 billion per day
Money paid in debt interest last year: $452 billion
Estimated National Debt by 2014: $18 trillion
-Matt
Sources:
Fox News http://www.foxnews.com/politics/2009/07/03/growing-national-debt-economic-crisis/
Wikipedia http://en.wikipedia.org/wiki/United_States_public_debt
“All that is necessary for the triumph of evil is that good men do nothing“ --Edmund Burke
Democracy is dependent on an informed and involved electorate. This blog is an answer to the call for involvement and information in regards to the plague of growing national debt as well as the welfare of our great nation.
Obama's National Debt
http://www.campaignforliberty.com/blog.php?view=25555
Wednesday, August 5, 2009
5 Facts About our National Debt
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Hey Matt,
Thanks for letting me know about your blog! We watch Glenn Beck every night and then are fuming so much that we can't sleep. According to your Facebook group you mentioned that this blog will address HOW we can help and WHAT we can do. That sounds great. More and more people are waking up to our awful state, but don't know what to do to protect our freedoms and steer our country away from socialism and fascism. HELP! Besides swinging tea bags around, what else can we do? I worked for a Congressman years ago, so I know what happens to those letters and phone calls to the office...I'm anxious to hear what you and your team come up with.
How disconcerting. Debt is lame. Thanks Matt.