A recent story on 60 minutes scares the hell out of me...
"I would argue that the most serious threat to the United States is not someone hiding in a cave in Afghanistan or Pakistan but our own fiscal irresponsibility,"
"What’s going on right now is we’re spending more money than we make…we’re charging it to credit card…and expecting our grandchildren to pay for it. And that’s absolutely outrageous,"
"If nothing changes, the federal government's not gonna be able to do much more than pay interest on the mounting debt and some entitlement benefits. It won't have money left for anything else – national defense, homeland security, education, you name it,"
Mr Walker is an expert in this field and the majority of leaders and politicans on both sides of the aisle accept his findings....
David Walker's Bio: Wikipedia Link
Similar story on ABC
Another similar story from Newsmax.com
From BBCNEWS
We must pull our heads out of the sand and face these issues... it is unfathomable that we are mortgaging our children's futures... what will they say about us 50 years from now when they look back at our time......
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