Just Think About This

The National Review Online staff has come up with some startling statistics.  I re-post some of them here for your consideration.  Think about these numbers.  You can get a fuller report at The Corner.

‘New Budget Estimates Show Unsustainable Spending and Debt’   [NRO Staff]

Some highlights from Brian Riedl’s Heritage Foundation analysis: 

— This year, Washington will spend $30,958 per household, tax $17,576 per household, and borrow $13,392 per household. This spending is not just temporary: President Obama would permanently keep annual spending between $5,000 and $8,000 per household higher than it had been under President Bush.

— The White House projects $10.6 trillion in new deficits between 2009 and 2019—nearly $80,000 per household in new borrowing.

— None of these estimates include the cost of health reform.

What do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Website Powered by WordPress.com.

Up ↑

%d bloggers like this: