Before you vote for anyone…understand this

by Tom

Student Loaded With Debt

We all know that the Federal Government’s debt is high, and climbing.  We also know that each child in America owns some ungodly share of it, from the moment they are born.

Well, this article puts it into scary perspective, which we often need to see; and if you are on the fence about whom to vote for today (be it President, Governor, State Legislature), let me tell you that it should NOT be any Democrat.

I’ll save you some trouble, and point out the three things that jumped out at me at this early morning, as I prepare to head to my local polling station and hold signs for the best candidates on my ballot (Ovide Lamontagne, Gary Daniels, and Dave Wheeler):

 

  • “If Americans under the age of 18 were required as a group to pay off the entirety of the federal government’s debt in equal shares, each would now need to pay about $218,676.” (I have three and I shared this with them)
  • “During the time Barack Obama has been president, the U.S. government debt has increased from approximately $143,255 per American under 18 to approximately $218,676 per American under 18–a climb of $75,421 or about 53 percent.”  (53 percent?  Are you kidding me?)
  • “Neither borrowing all the money needed to pay for a four-year private-college education nor borrowing all the money needed to buy a median-priced home would put as much debt on the shoulders of young Americans as the federal government already has.”

The last point absolutely blew me way.  What chance do our kids have with these conditions wrapped around their lives?

Read this article at your leisure, but please read it BEFORE you vote today.

You are planning to vote, aren’t you?

Leave a Comment

  • Dano

    Actually, the federal govt runs a CAPR acct. you can look it up. They invest OUR 165 TRILLION Dollar investments from OUR funds. They have been growing this fund or funds yearly since the 80,s and before by 80 Billion a year in profits. We own the majority of holdings in microsft, Shell, Mobil, Exxon, treasuries, and foreign holdings. Look up cafr1.com or taxretirement web sites.

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