The nation debt is unsustainable.
And you and your children … and your grandchildren will suffer
Today, the national debt is growing $2.34 billion per day.
In 2008, the national debt was $10.626 trillion.
Today, the national debt is: $19.26 trillion.
Now the Congressional Budget Office (CBO) projects that the U.S. will continue to accumulate debt at unsustainable rates.
Federal debt by the government never exceeded 50% of the total economy or GDP.
Then in 2009, it spiked, growing to 75% this year
It’s headed toward 85% … and it keeps getting worse.
Just look at this chart:
The indebtedness is nearly three times as severe a problem today than predicted by the CBO in 2008.
Maybe incompetence by the politicians? Yes.
Here are the three Presidential candidates’ stances on balancing the budget:
|Hillary Clinton||Bernie Sanders||Donald Trump|
|Balanced Budget Plan||No||No||Yes|
What are your thoughts? Email me at [email protected].