Paul Ryan’s Express: US Public Debt Has Over Doubled Since Dec 2007, Average Wage Growth Down 28%

Guest Post by Anthony B. Sanders

House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell delivered a $1.1 TRILLION omnibus spending package to President Obama who signed it gleefully.

Yes, there was ample quantities of pork barrel spending, too long to list here. Here is the 2009 page omnibus (Or cronybus) spending bill. omnibus-spending-bill-text

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Has Federal government spending (and debt) done any good? Other than those receiving boodle from the Federal government?

Since December 2007, US public debt has over doubled. Despite the prodigious debt issuance, M2 Money Velocity keeps crashing.

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