Archive for June 7th, 2010

07 Jun

No way to sugar coat this

Mothers Against Debt can’t think of any way to sugar coat this frightening Bloomberg article about our national debt and GDP:
President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”
What is a “debt [...]

Posted in Federal Government, Government Spending, Media, National Debt, Peoples Press Collective by: Amy
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