Obama Flunks His Own TestThis past week, the Bureau of Economic Analysis announced that the Gross Domestic Product through the third quarter of 2011 was $15.17 trillion. The national debt now tops (with the President’s impending call for yet another increase in the debt ceiling) $15.23 trillion. In short, the national debt exceeds the GDP. Economists have frequently described that point as one of the strongest indicators of impending economic collapse. On the way to economic oblivion, we have just crossed the Rubicon......http://www.newswithviews.com/Emord/jonathan227.htm
by Attorney Jonathan Emord
by Attorney Jonathan Emord
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