by Lawrence Kadish, Breitbart:
As the White House slashes America’s military budget and our influence proves irrelevant in Ukraine and other hot spots around the globe, it is clear our economic policies have failed to grow our economy to create jobs and generate much needed revenue. This failure has resulted in budget deficits, increased debt and a loss of military strength.
Our national debt has increased from approximately $11 trillion to $17.4 trillion over the last 5 years, and it’s getting worse. Congress has just voted to lift the debt limit so that, together with our ongoing budget deficits, our nation will confront an $18 trillion debt within a few months.
This fiscal burden is so massive many observers and commentators have struggled to find words that allow us to understand its enormity. Some have described the national debt as going through the stratosphere, but it’s far beyond that.
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