Over $1M debt per taxpayer. That seems like a lot.
Perhaps we should be more careful with our spending.
I just don't see how Romney can do it. I mean, his business model M.O. is to take over a going concern with a healthy balance sheet, break it up, sell off the assets and leave the stakeholders with crippling debt ... if the stakeholders are already drowning in debt, where does he take the massive profits?
View: Debt Clock 2016.jpg (1015×748)
Debt Clock 2016.jpg (1015×748)
By the next presidential election (2016) the unfunded liability per taxpayer will be $1.19 million. Yeah, THAT is going to be covered.