Wednesday, December 22, 2010

What Is Obama Going To Do About The Deficit

Roadblock To Recovery

Barack Obama

The U.S. national deficit is approaching $14 trillion dollars. Under the Obama Administration, national debt has grown more than any other presidency in history. This is a very dangerous roadblock to recovery.

The nation cannot get back on its feet financially with this unprecedented, massive spending taking place on a regular basis in Washington. Where is the money going to come from to expunge this heinously high debt.

If this keeps up, the U.S. dollar will be of no significant value in the world and the economy will be negatively impacted for generations to come. There needs to be a turnaround in this situation.

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