Saturday, June 16, 2012

America is digging itself into a deep fiscal hole. In 2009, the federal government spent $3.5 trillion, but took in only $2.1 trillion in revenue — thus spending $1.67 for every dollar it collected. The resulting $1.4 trillion deficit was equivalent to 10% of the nation's economic output, the highest percentage since the end of World War II. America's publicly held debt now totals $7.5 trillion, about 53% of gross domestic product — the highest it has been in more than 50 years.


"Pundits are saying that President Obama is starting to lose support among his own party. To give you an idea of how bad it's gotten, today Jimmy Carter compared him to Jimmy Carter." –Jay Leno


Mitt Romney - "how would I turn this country around? First I could start by doing the opposite of everything the President is doing. @ the Faith & Freedom Conference.