And you thought Contra Costa County’s budget and OPEB plan was out of control…its deficit grows $1 million per day (based on a Supervisor’s work year including 13-weeks off!). Well, the Feds know how to rack up an insurmountable mountain of debt, too!
- $30,000 in debt for each man, woman, child and infant in the United States.
- Ten Trillion by the time Bush leaves office; that’s 10,000,000,000,000
- Add $2.4 trillion each for the war in Iraq and Afghanistan over next decade
- Ross Perot’s chart in 1992 was a trillion dollars low (he predicted $8 trillion debt by 2007)
- Can’t blame it all on the war: Add $2.4 trillion each over the next decade for the education monopoly, the farm bill, and corporate welfare.
Can you imagine what would happen if over the next 10 years we put $9.6 trillion back into the economy instead of down the drain?