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Uncle Sam Borrower

broke-uncle-sam

A look at the credit score of the US government if Uncle Sam had to fill out a credit app.  Hattip to Instapundit.

Update:  Powerline has a depressing look at the projected budget deficit for this year as a percentage of gdp.  We are getting into very dangerous territory, starting with the 750,000,000,000 bailout under President Bush last year, as to the amount of debt that the Federal government is incurring in a very short time.

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Donald R. McClarey

Cradle Catholic. Active in the pro-life movement since 1973. Father of three and happily married for 35 years. Small town lawyer and amateur historian. Former president of the board of directors of the local crisis pregnancy center for a decade.

2 Comments

  1. Obama is predicting trillion dollar deficits for years to come… this is insanity, get ready to start using your dollars for fuel or toilet paper.

    This is a deeply immoral action, as it involves taking money from our descendants.

    Mat

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