“The problem with socialism is that you eventually run out of other people’s money.” ― Margaret Thatcher
“The problem with socialism is that you eventually run out of other people’s money.” ― Margaret Thatcher
Guest Post by Anthony Sanders
US Federal government debt has breached the $18 trillion level.
That represents a 68% increase since President Obama took office in January 2009.
Now, while it is easy to point to the sitting President for the increase in Federal debt, Congress is also to blame along with past Presidents and Congresses who keep spending like drunken sailors in port.
And what has America seen with 68% more Federal debt? Lower real median household income.