-- Budget deficits adding $13 trillion to the national debt over the next decade. Again, re-read that figure. Say it out loud. Repeat it to your spouse-partner-kid (the kids will be paying for this) and your neighbor.
-- The national debt held by the public surpassing $20 trillion by 2019, reaching nearly 100 percent of gross domestic product (GDP).
-- Annual budget deficits rising to nearly $3 trillion by 2019.
-- Spending surpassing 28 percent of GDP by 2019, shattering the peacetime record set this year.
-- Washington spending more than $37,000 per household in 2019, compared with $25,000 per household (still too high) in 2008.
(See this and more here.)
This is why so many are angry. This administration is more than mortgaging our future. It is bankrupting it, all in the name of taking care of us. The best thing government can do for us is to get out of the way and let us care for ourselves. These numbers are unsustainable. They are outrageous. And they will become a reality unless enough Americans rise up and say they are not going to take it anymore.
It's our money, not theirs. They are now stealing it before we make it. Let's hear some outrage about this. Let's sustain it through the next three election cycles, beginning next month with the governors' races in New Jersey and Virginia. If we don't, the future belongs not to us, but to China, Japan, Qatar, Venezuela and Saudi Arabia, among others -- all holders of our national debt.
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