etee's Blog

...and we're Going Deeper in Debt

Obama Sends Congress $3.8 Trillion Budget, Soaring Deficits Projected

What I find particularly disturbing: our national debt is on target to reach $15.6 trillion (with a "T") by October 1, 2011. Or, looking at it from another perspective: we are looking at the day when the national debt will exceed the nation's annual gross domestic product (GDP).

Yes, gentle readers: before too long, the entire ****ing country will be underwater. Which is bad new for our great-great grandkiddoes. Although I can hardly wait for Team Repo to hook up to California (not to mention Detroit), and tow them away.