What agenda is advanced by bankrupting the US?

In 2009 alone the actions of Congress and the Administration  grew the public debt by 31 percent, from $5.8 trillion to $7.6 trillion, rising from 41 percent to 53 percent of gross domestic product (GDP). The projections for the future are even more alarming.  Yet the President committed to $100 billion annually for the next decade to help poor nations fight climate change.  That one decision adds to the debt which American taxpayers will have to pay.  So, we are borrowing enormous amounts of money, largely from China, and transferring it to third world countries who steal even the food we send them to feed their people, while at the same time our government is trying to pass cap and trade legislation which will impose enormous new burdens on an economy that is already in serious trouble.

What coherent agenda is advanced by bankrupting the United States?

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3 Responses to “What agenda is advanced by bankrupting the US?”

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