Jeremiah 22:21
I warned you when you felt secure, but you said, 'I will not listen!' This has been your way from your youth; you have not obeyed me.
There’s little doubt that the U.S. needs to get its mounting debts under control. But at what point do they become a clear and present danger?
By some measures, we’re reaching that point about now. As of Friday, our total national debt – the sum of all outstanding IOUs issued by the U.S. Treasury – stood at a bit more than $13 trillion, or almost 90% of our projected gross domestic product for 2010.
Friday May 5, 2010
Published on Saturday, June 5 at 9:38am

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