Wednesday, March 24, 2010

National Debt = $12,670,749,966,933

During President Obama's campaign for President of the United States, he not only promised to provide jobs and health care for all Americans, but he repeatedly said he wanted to re-build America from the ground up. Instead, Obama's took an ass-backwards approach which has left the economy extremely vulnerable.

Job growth and a stable economy are the foundation in which this country stands. The President should have distributed the 'free stimulus money' to create more manufacturing jobs in the US. Not all Americans are cut out for careers that require a college education. They just want to work, get paid a decent wage and take care for their families.

Reforming the trade agreements would have been a great way to stabilize the economy. Wal- mart imports billions of dollars worth of good from China every year. Putting a cap on this amount would force Wal-Mart to buy more products manufactured in the United States. We have the technology to build 'clean air' factories, but instead Obama continues to spent millions on short term, meaningless projects.

The national debt has increased by more than 2 trillion dollars since Obama was inaugurated on January 20, 2009. Unemployment rates remain predominantly the same and the outstanding public debt as of today is a staggering 12.6 trillion dollars. The estimated population of the United States is 308,067,083 therefore each citizen's share of this debt is $41,129.38.

Obama's 1.5 trillion dollar 'Stimulus Package' and 940 billion dollar 'Healthcare Reform Bill" have put this country so far in debt my 10 year old son will probably not outlive this financial disaster.

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Some men see things the way they are and ask, "Why?"
I dream things that never were, and ask "Why not?"
quote: George Bernard Shaw