When 40 cents of every dollar you spend is borrowed money, is there any other possible outcome?
America is now over $15 trillion in the hole, but thanks to Nancy Pelosi’s connections at Visa, at least the US is now earning Rewards Points on the debt.
This must be a good sign, because, as Sheriff Joe Biden says, you have to spend money to keep from going bankrupt. Thank goodness Obama signed that pay as you go legislation last year!
The debt has risen over $4 trillion just since Obama took office, which is a rate of debt spending previously called “unpatriotic” by none other than… Obama: