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alstry (34.92)

Let's Just Think For A Second....

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August 25, 2010 – Comments (1)

In 2005, about 10,000,000 Americans were on Food Stamps.........today it is over 40,000,000.

hmmmmmm.

We also have over 50,000,000 on Social Security/Medicaid/Medicare......

AND approaching 20,000,000 Unemployed........

THAT IS OVER 100,000,000 PEOPLE GETTING MATERIAL CHECKS EVERY MONTH AND not working...........

My guess is these people are collectively receiving checks every year well in excess of ONE TRILLION DOLLARS..........and Federal, State, and Local governments are running a collective deficit approaching $2 Trillion dollars........

can you imagine what percentage of Federal Tax receipts are simply a derivative of government borrowing and handing out trillions in BORROWED money?

and some Fools are counting on 2011 as being their best year ever?

Who the heck is going to pay back the $55 trillion dollars of total public and private debt we have accumulated to give us the current perception of prosperity?

1 Comments – Post Your Own

#1) On August 25, 2010 at 10:19 AM, oridinaryaverage (< 20) wrote:

I dunno, build state run casinos?  hehe.

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