Follow/Subscribe

Gary Null's latest shows and articles:

Categories
Books






Hear Gary Null every day at Noon (ET) on
Progressive Radio Network!

Or listen on the go with the brand new PRN mobile app
Click to download!

 

Like Gary Null on Facebook

Gary Null's Home-Based Business Opportunity


Special Offer: Gary Null's documentary "American Veterans: Discarded and Forgotten" DVD  is now available for $19.95! (regularly $40) Click here to order!
For more info. and to watch the Trailer for "American Veterans: Discarded and Forgotten", Click here!


Gary Null Films

Buy Today!:

CALL 877-627-5065

 

   

Check out our new website "The Vaccine Initiative" at www.vaccineinitiative.org - Educating your choice through Research, Articles, Video and Audio Interviews...  


The latest from
Gary Null -
garynullfilms.com!
Now you can
instantly stream
Gary's films online. Each film costs 4.95, and you can view it straight from your computer!

Check out Big Green TV: Environmental Education for Kids!

« Matt Stoller - Over 99% of Federal Reserve Bank Enforcement Actions Are Resolved Without Admission of Guilt | Main | Michael Brenner - Seven Sins of the Democrats »
Friday
May252012

Obama's Five Trillion Dollar Lie

Why isn't the U.S. economy in a depression right now?  The number one reason is because the federal government has stolen more than five trillion dollars from future generations since Barack Obama was elected and has used that money to pump up our grossly inflated standard of living.  Whether the federal government spends money wisely or foolishly, the truth is that the vast majority of it still ends up in the pockets of the American people who then use it to buy the things they need for their daily lives.  If the U.S. government had not borrowed and spent an extra five trillion dollars that we did not have over the past several years, we would be in the middle of a rip-roaring economic depression right now.  So any talk that Barack Obama is "improving the economy" is a total farce.  It is a five trillion dollar lie.  The reality is that Barack Obama and the U.S. Congress have been stealing trillions of dollars from future generations in order to make things tolerable in the present.  If the federal government adopted a balanced budget next year, the debt-fueled prosperity that we are currently enjoying would start disappearing very rapidly and all hell would break loose in America.

At this point, the U.S. national debt is over 15.7 trillion dollars.

When Ronald Reagan took office it was less than a trillion dollars.

If you were to divide the national debt up equally, it would come to more than $50,000 for every man, woman and child in the United States.

So the share of the national debt for an average family of four would be about $200,000.

Read More:

http://theeconomiccollapseblog.com/archives/obamas-five-trillion-dollar-lie