Thursday, January 06, 2011

Record Deficit

Pelosi said " this 110th Congress will commit itself to a higher
standard: Pay as you go, no new deficit spending". As it stands since
Dems gain majority $5.34 trillion was added to the deficit.
http://bit.ly/gNh3km

To put this into perspective:
- All American's in 2005 took home slightly over $7.7 trillion in
income.
- If you put in a cookie jar $7 million every day since Jesus was born you still wouldn't have collected $5.34 trillion.
- You would have to collect over $2030 per second for 2000 years to match $5.34 trillion!
- With Dems in control of spending they averaged $3.66 billion per day. The entire U.S. spending for a complete year did not surpass that amount until 1918 when we entered WW I.

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