The out of control government took in a record 2.45 TRILLION dollars in tax revenue through June of this year which equals $16,451 for each person fortunate enough to have a job. Of course, they did not pay this much because taxes come from various places but it is still a staggering amount of money.
Despite taking in this record amount the government is still running a deficit of 313.4 BILLION dollars.
The spending machine that is government will never be satisfied. It will always spend more than it gets in. Raising taxes did nothing to solve the debt problem because even though government pilfered more money from people it still spent more than it had.
The reality here is that many folks on the bottom end of the scale (the lower 47%) will get refunds of virtually all of the federal income taxes paid in. The top 53% will foot the bill for the balance.
The debt clock continues to tick up and each of us owes tens of thousands of dollars to settle the debt.
It is unsustainable and we will eventually collapse under the weight of the debt.
Of course since Barack Obama has given Iran the green light on nuclear weapon production we might not have to worry about debt for long.
The debt will be wiped out with a lot of mankind when World War III starts up.
So those are the choices. Die under the crushing debt or die in a nuclear war.
Well, at least we have Obamacare to take care of our injuries.
Wait, add one more choice to the ways to die…
Cave canem!
Never surrender, never submit.
