A must-read for you youngins – especially the Obama Zombies among you – from National Review Online:
An Emergency for Americans Under 30
For the Debt Paying Generation, huge burdens, high inflation, and a weakened economy.
By William Beach and Dustin Siggins
A news alert for the Debt Paying Generation: President Obama’s budget for Fiscal Year 2012 brings the national debt from $14.1 trillion to nearly $26.4 trillion by 2021.
This will take the amount of debt per working American by the end of this fiscal year – all 153,000,000 of them – from $101,150 to more than $161,631. Young Americans are going to get hammered by this debt if entitlement, welfare, and defense reforms are not under way within the next two to five years.