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Senior Citizen  
Wilson County  
June 23, 2011 4:07pm
 
Alvin says economy is growing? How? Based on what? The DEBT is growing, that's for sure!

From USA TODAY, by Richard Wolf: Obama, Congress warned: National debt growing faster

"The Congressional Budget Office reported Wednesday that the nation probably will owe outside creditors more than the size of the entire economy in 10 years.

"The forecast -- a public debt equal to 101% of the economy in 2021, and rising to 187% by 2035 unless dramatic changes are made -- should be a warning to President Obama, Congress and Vice President Biden's band of bipartisan negotiators meeting daily to devise just a short-term fix."

For text:

http://content.usatoday.com/communities/theoval/post/2011/06/obama-congress-warned-national-debt-growing-faster/1
     
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