It is small wonder, considering the unbelievable amount of debt Obama has amassed in such a short time, that more and more voices on the Left are taking up the cry that the debt really isn’ t a major problem. I agree. The term major is far too understated a term for the rapid pace we are on to national bankruptcy. Credit rating agency Egan-Jones downgraded the US credit rating to AA on April 5, over concerns of the sustainability of US public debt. Future generations will curse most of us as blind fools as they pay for our folly in attempting to rebuild the economy our current policies wrecked.
Another depressing video look at the debt situation: