traderdannorcini.blogspot.com / By Dan Norcini / Thursday, January 3, 2013
I highly recommend the following article for those who are trying to keep up with the nation’s financial condition. It is a very good summary of the enormity of the problem that is rapidly coming down the traintrack.
http://www.nationalreview.com/corner/336777/it-s-spending-problem-yuval-levin
Sadly, because the problem of growing US indebtedness is not a flashy one, nor one that tugs at the heart’s emotions, it is generally ignored by the useless mainstream media. For that part, it is also way off the radar screen of the vast majority of the American citizenry who are far more knowledgeable about what is going on in “Pawn Wars” or “Gator Boys” than they are in the bakyard of their own nation.
I pulled the chart out of the article to highlight the extent of the catastrophe coming our way. Do yourself a favor and read the entire article and then reflect on the fact that the so-called “FIX” to the problem that our wondrous leader and the Congress came up with does absolutely NOTHING to even put a dent in it.
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