National Debt Percentage Of Gdp 2009
March 4th, 2009
Question: Are You Happy With The Amount Of Debt Obama Has Created?
“Our current-year deficit will hit 11.2 percent of gross domestic product (GDP), the highest percentage since the end of World War II. By the end of the next decade, the United States will spend more money paying the interest on the public debt than it will on any other governmental activities except Medicare and Social Security.”
“America will be spending more to service its debt than it will spend on education, the environment, infrastructure, scientific research, national defense and all the other things our Founding Fathers thought were important to the nation.”
Are you happy that Obama has doubled our National Debt?
http://washingtontimes.com/news/2009/sep/04/looking-behind-the-curtain/
Answer: Yes. I think it is wonderful that Obama and the Democrats are bankrupting the future generations. Just think, a child born today when he or she is 30 will be paying an 82% Federal income tax on their paycheck just to service the debt. (sarcastic remark in answering YES!)
Posted: 11-01-2010 , 06:58 GMT
Global Investment House- The year 2009 turned out to be quite a volatile year for the markets.
December 1, 2009 Economic VLOG
Posted in 
Tags: