Posted on 07/22/2011 10:30:20 AM PDT by Sub-Driver
Is that a threat? IOW, he’s going to rev up his plan to destroy America to warp speed just because the spoilt little whiny baby isn’t getting his way?
The US receives roughly $200 billion in taxes each month. The interest on the national debt is approximately $20 billion a month. (See Treasury Direct — treasurydirect.gov and the American Institute for Economic Research — aier.org.) There is more than enough tax revenue each month to pay the monthly interest on the debt. If the creditors get paid first, as they should, we won’t default on our debt — unless a “debt crisis” is manufactured in order to generate political capital.
“Every American?” I think that means illegal aliens have nothing to worry about or did he mean “Every tax paying American” will suffer?
My point, exactly.
He’s a spiteful little cuss ain’t he.
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