See also 1 Dollar a Gallon- The real price of Gas http://www.youtube.com/watch?v=-ad0se6c0FM
This is the single greatest threat to America.
The official national debt figure, now approaching $9 trillion, reflects only what the federal government owes in current debts on money already borrowed. It does not reflect what the federal government has promised to pay millions of Americans in entitlement benefits down the road. Those future obligations put our real debt figure at roughly fifty trillion dollars- a staggering sum that is about as large as the total household net worth of the entire United States. Your share of this fifty trillion amounts to about $175,000.
Don't believe for a second that we can grow our way out of the problem through a prosperous economy that yields higher future tax revenues. If present trends continue, by 2040 the entire federal budget will be consumed by Social Security and Medicare alone. The only options for balancing the budge
t would be cutting total federal spending by about 60%, or doubling federal taxes. To close the long-term entitlement gap, the U.S. economy would have to grow by double digits every year for the next 75 years.
The answer to these critical financial realities is simple, but not easy: We must rethink
the very role of government in our society. Anything less, any tinkering or "reform," won't cut it.
To learn how to help change this
check out
http://www.jointhefightforfreedom.com/node/88
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Freedom is an illusion people. I believe Ron Paul would have made really good changes for America and the world, but the elitists in charge will not allow that to happen
"We" want our fast fixes and gass guzzling life styles and will fight to lower gas prices so we have more money for our entertainment and doo dads.
Don't be "negetive" it could get you fired or cost you a chance at happiness...
Of course "we" deserve it.
Well, not all.
´t care. I wasn´t saying the information was false I was saying this sort of information must be backed up by hard figures, statistics and supported by non-biased analysts. I have read far far more than you ever will so shut up and sit down. I wasn´t saying Fox or CNN were credible either but you
r comment goes to show that you are a nimwit waste of time.