Washington DC - The US federal government’s debt,
now exceeding $12 trillion
(not including future liabilities), will soon surpass the entire U.S. gross domestic product
(the sum of everything American companies produce) which totals $14.5
trillion. The White House wants hundreds of millions of dollars more to send 30,000 troops to Afghanistan - a bloody war that has already gone on longer than WWII and Vietnam and has cost taxpayers nearly $1
trillion. Never before has this country seen such
irresponsibility. In the past year, despite record unemployment and a collapse of the
economy, consumers still managed to knock off $200 billion in
debt, bringing down their total from an unprecedented high of $2.6 trillion in the third quarter of 2008 to just over $2.4 trillion as of September 2009.
