AlwaysWrite
Addicted Member
What is currently happening in Greece should be of great concern to Americans, because we are heading in the same direction -- and in fact, we are already there.
We continue to borrow between $400 billion and $500 billion a year, which amounts to well over $1 billion every single day, and Barack Hussein Obama and Congress seem oblivious to the certain consequences.
What Americans don't realize is this: THE U.S. IS ACTUALLY IN AS BAD SHAPE AS GREECE. The only difference is that there are still countries around the world who remain willing to loan us money.
Few, if any, countries are willing to loan Greece any more money because they know they're not going to be paid back. And heaven help us when other countries are unwilling to loan a bankrupt America any more money. Seriously, what will happen when other countries stop loaning us money to sustain a lifestyle that we can't afford? Repeating: We're actually in as bad shape as Greece.
U.S. politicians should have long ago enacted serious measures to control spending, and our national debt should not have been allowed to spiral out of control, increasing from $9 trillion to $18 trillion since 2007. And that should be a stark reminder that our national debt is a ticking time bomb threatening every American, young and old.
Like it or not -- or believe it or not -- there's no answer to debt in Greece, but likewise, there's no answer to debt in the U.S., either.
We continue to borrow between $400 billion and $500 billion a year, which amounts to well over $1 billion every single day, and Barack Hussein Obama and Congress seem oblivious to the certain consequences.
What Americans don't realize is this: THE U.S. IS ACTUALLY IN AS BAD SHAPE AS GREECE. The only difference is that there are still countries around the world who remain willing to loan us money.
Few, if any, countries are willing to loan Greece any more money because they know they're not going to be paid back. And heaven help us when other countries are unwilling to loan a bankrupt America any more money. Seriously, what will happen when other countries stop loaning us money to sustain a lifestyle that we can't afford? Repeating: We're actually in as bad shape as Greece.
U.S. politicians should have long ago enacted serious measures to control spending, and our national debt should not have been allowed to spiral out of control, increasing from $9 trillion to $18 trillion since 2007. And that should be a stark reminder that our national debt is a ticking time bomb threatening every American, young and old.
Like it or not -- or believe it or not -- there's no answer to debt in Greece, but likewise, there's no answer to debt in the U.S., either.
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