Chris0nllyn
Well-Known Member
Lou Dobbs Tonight - Fox Business
Spain:
24% Unemployment
2nd recession in 3 years
Received $37 Billion bailout
Spending $65,000 per capita
$18,000 per capita debt
In 5 years, targeted debt = $15.2 Trillion
To fix that, they increased sales tax to 21%...
USA:
Spending $107,000 per capita
$44,000 per capita debt
Almost $16 Tillion in nation debt
Over the next 5 years, the Obama administration will add another $5.7 Trillion to the national debt.
In 2017, out national debt will be around $22 Trillion.
Spain:
24% Unemployment
2nd recession in 3 years
Received $37 Billion bailout
Spending $65,000 per capita
$18,000 per capita debt
In 5 years, targeted debt = $15.2 Trillion
To fix that, they increased sales tax to 21%...
USA:
Spending $107,000 per capita
$44,000 per capita debt
Almost $16 Tillion in nation debt
Over the next 5 years, the Obama administration will add another $5.7 Trillion to the national debt.
In 2017, out national debt will be around $22 Trillion.