It is now only 60 days til the voting begins in what one of the most serious elections of modern times. For the last two years Congress has been spending like the proverbial "drunken sailor" but as Ronald Reagan said that is an insult to the sailor - at least he was spending his own money not ours!
What Congress has failed to understand is that spending 4.1 trillion dollars in excess of tax revenues and borrowing that money to make that expenditure is wreaking the economy.
The national debt January of 2008 was as follows:
| 01/02/2008 |
|
|
9,210,587,444,062.47 |
that's 9.2 trillion dollars
Today
| 08/19/2010 |
|
|
13,363,227,573,941.68 |
that's 13.3 trillion dollars
an increase in the debt of 4.1 Trillion dollars.... Why is the credit so tight for business? Because the Government is sucking up all the available capital to fund "stumulus programs" most of which have not even started. Source of debt numbers http://www.treasurydirect.gov/NP/BPDLogin?application=np
When I was asked to run for Congress by two friends, the debt was "only" 11 Trillion, Charlie and the Dems have already voted to increase the debt to 14 Trillion dollars.
We have to stop the runaway spending!
14 Trillion is equal to the entire output of the US ecomomy for one year!!! 100% of GDP
Continued spending at this rate and the increase in taxes when the Bush tax cuts expire will literally destroy the US economy.
We must ask every nieghbor, every friend, every church member we know to vote the "Spendthrift Congress" out. If we don't .. you can imagine what will happen.
I will not vote to increase the debt, I will not vote to increase taxes. Charlie has done both, repeatedly.
Your choice!