Obama saddles you with debt . . .


. . . and rides you into the ground.

What you will pay IN INTEREST ONLY on the Obama debt.  (Concerning the federal budget only.)

Source: Newt Gingrich

If you are 50, you will pay about $81,000 during the rest of your career just to pay your share of the INTEREST on the debt run up by Obama and Congress.  (Never mind the prinicipal.)

If you are 40, you will pay $132,000.

If you are 20, you will pay $114,000 just to service the interest on the federal budget debt thanks to Obama and Congress.

(And you thought student loans would be a hassle.)

Don’t forget: the Tea Party protestors on April 15, 2009 were in the streets on your behalf while Obama was making a speech in D.C. telling everyone how concerned he is about taxes, federal spending and the national debt.

Obama’s risky debt by Robert Samuelson, Washington Post


Leave a Reply

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 )

Google+ photo

You are commenting using your Google+ 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

%d bloggers like this: