The government admits to an 11% national unemployment rate. Because people out of work are no longer counted after their unemployment benefits run out, that number is totally inaccurate. National unemployment is actually over 20%.
America currently has a $13 trillion national debt. The amount of private debt (mortgages, student loans, auto loans, credit card debt, etc.) in America is approaching 17 trillion dollars.
Each and every American citizen is indebted to the tune of $175,000, or about $670,000 per family.
Unemployment is rising, wages are dismal, and the average American is living paycheck to paycheck if they are still lucky enough to collect a paycheck. Do you think this debt can ever be paid off? It can’t. And it exists to keep you, your children and their children in eternal debt.
America spends about $700 billion each year on defense and wars. Our appetite for oil spurs us to give another $700-800 billion to countries like Saudi Arabia, Nigeria and Venezuela.
Meanwhile, American citizens pay more for healthcare than any other nation, and will pay even more now that carrying health insurance has become mandatory under the Obama health care bill. That’s freedom... isn’t it?