Wednesday, November 26, 2008

Gluttonous debt

From Dr. Mercola's website:

...from the moment of the U.S. constitutional birth in 1789, the debt accumulated by the federal government did not hit $1 trillion until 1981.

It took 183 years to incur the first trillion dollars.

It only took 20 years to grow that debt to $5.7 trillion, and a mere seven years to reach $9 trillion.

How on earth will increased government spending, more corporate bailouts, and stimulus packages aimed at getting American’s to open up their pocketbooks like we used to, actually make matters better?

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