2009 2012
Federal Debt $10.6 trillion $15.9 trillion +$5.3 trillion
Gross Domestic Product $13.9 trillion $15.6 trillion +$1.7 trillion
Source: FoxNews.com from Treasury Department and Bureau of Economic Analysis (thru Q2, 2012 for comparison purposes.
Credit: Bob Gorrell, Creator's Syndicate, Inc. |
Friends, if we are going forward on the same path we have been on for the last four years we are going right over the fiscal cliff in the next four years.
This is math that a 5th grader can understand.
You cannot borrow $3 and only get a return of $1 and expect to stay solvent.
This country needs a dramatic change of course.
I know that people wanted to have hope with this man. We desperately wanted him to succeed. However, it is time to realize that there is no hope on the current path we are on.
This country is stretched to the limit. If it breaks it is not going to be pretty. It will be difficult to put back together. People may think they are at risk today. They have no idea of what risk lies ahead if we do not change course.
As a country we are like Humpty Dumpty sitting on that wall.
It does not have to be this way.
We don't have to fall. However, to avoid the fall we have to get off the wall. We need to stand on our feet and do what has to be done to confront our problems.
It is late but it is not too late.
However, this country cannot afford another mistake where we HOPE things will work.
It is time for real CHANGE.
That is the only hope we have left.
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