It's Simple Math

Bill Whittle has recently posted another very insightful video in his Afterburner segment on PJTV.com. He points out that President Obama, while being touted as the smartest man ever to hold the office, doesn't seem to be able to do simple arithmetic.   The mounting debt we face is unsustainable, and yet Obama has asked for an additional $1 TRILLION in debt.

As Whittle puts it:

"We're just gonna have to face the arithmetic.  All the money in the world is gone!  It's been pillaged by the weak-willed, power hungry elitists who have stolen it to buy votes and stay in power.  That's the arithmetic."

While he does not believe it will be as bad as past collapses, we will have to pull together, tighten our belts, sacrifice some things we now think are important, and work through it together. "You are the people that's going to get this country, and the rest of the world, out of this mess...not our leaders...not our celebrities...not political pundits and talking heads.  You are...you and me...all of us."



Related Posts:
The National Debt in Perspective
The Keynesian Perpetual Motion Machine