michael94900 Wrote:
Jan 30, 2013 7:15 PM
I make this simple for you. Reagan accumulated $2.1 trillion is debt in his eight years in office. Obama has racked up $3.4 trillion in his first four years. Our current debt is $16.4 trillion, by the end of his term, we will be lucky if its only at $20 trillion. At which point our debt to GDP ratio is 160% and the economy becomes unsustainable and we have a financial collapse.