Filed under: Democrat Corruption, Economy, News the Media Doesn't Want You to Hear, Socialism | Tags: Obama, Socialism
The federal government has now spent, lent, or promised $12.8 trillion dollars — a number approaching the sum of the entire Gross Domestic Product of the United States of America last year.
The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008. [more]
And Obama keeps spending.
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