Last night I was watching the program On The Record with Greta Van Susteren on the FOX News channel. I must tell you , if what the Congressional Budget Office projects is true regarding the national debt and the nation's economy our government and the American people had better make some serious decisions as far as government spending is concerned and this must be done soon! The thought that by 2025 this nation's GDP to debt ratio would be so great that it would take all the the nation's GDP just cover the cost of Medicare, Medicaid, and Social Security and if you factor in the interest payments there is no way the nation's economy can even hope to survive. I don't know where we got this Idea, that America, could just keep borrowing money and never have to worry about paying it back. The CBO projects that by 2030's and that estimation is generous, this nation will be so deep in debt that even their computers can't keep up or calculate the daily compounding interest that will accrue on the nations debt. Look America, I hate to sound like Henny Penny, but this nation's economic sky is truly, about to fall and I am left to wonder is that's what it is going to take to make the American people wake up and see the economic devastation!
I do see at least, a small window of hope and opportunity Scott Walkers victory in the Wisconsin recall seems to indicate that maybe finally the American people have woke up and realize the seriousness, of the dire economic mess this nation is in now, the question is what are the American, people willing to do about it? I think the next Presidential election will definitely indicate the answer to his question. I believe that if most Americans, choose to reelect President Obama, then no economic progress will be made the debt will explode and America's economic destruction is indeed sealed. The nation's next election then, becomes a decision, that will determine America's destiny. American,s had better make the right choice because it may be the last choice the American people will be free to make. As always, my friends, these thoughts, remain, just, some words, to think on.
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