Our debt is making us a second-rate nation. Due to our national debt, we will pay over $5 trillion dollars *in just interest* over the next 10 years on the country's debt. That's about $50,000 for each American that voted in last Tuesday's election.
It's time for 100% of us to wake up - and realize that just raising the taxes on the people some consider to be too wealthy won't pay that interest, let alone put a dent in the PRINCIPAL. You can't dig your way out of a hole, any more than you can spend your way out of a debt...
Ben Franklin famously said: "When the people find that they can vote themselves money, that will herald the end of the republic."
It doesn't matter how you feel about the now famous 47% that Romney's comment brought to the fore - they have found out they can vote themselves money. That percentage won't decrease until we get serious about our debt. That means a government that protects our national security interests, but not one that tries to play Robin Hood.
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