Sunday, January 15, 2012

Debt email:

I've kept this one in mind for the last couple of week since John Stossel posted it to his site. We all get crazy, lame, or annoying emails forwarded to us, and I generally dislike getting those kinds of messages, but this is one that I wish everyone would get and read (and get mad about):


Says Stossel:
It is almost all accurate, except it gives Congress too much credit. Yes, politicians said they cut $38 billion last year. But the latest budget tables from the White House's Office of Management and Budget reveal that The federal government actually spent $362 billion more in 2011 than in 2010. (And it's not just because of the growth of Medicare and Social Security. Even what bureaucrats call "non-defense discretionary spending" increased by $5 billion.)

Also, the e-mail is outdated: the debt is now up to $15,190,000,000,0000. It's like a family that has $151,900 in debt.

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