The Dark Cloud

In the last two years, the US has run up deficits of $2.5 trillion dollars...that's almost a fourth of all the debt the nation has taken on in its entire history. With eight months left in the current budget year, the deficit already has surpassed the deficit for 2008. Many economists are forecasting that the deficit for the current year will hit $1.6 trillion. America has borrowed so much money that just the interest on its debt is now more than what the country spends in Iraq. And the money the Obama Administration is borrowing for the stimulus package adds another $350 billion in interest. Let me also mention Medicare, which is expected to cost $36 trillion with approximately 77 million baby boomers retiring in the next few years. Naturally, one must ask the question of who is going to pay the tab on this bill? A difficult answer, but most likely the grandchildren of our children. And everyone knows its easy to spend someone else's money, someone who is too young to vote or even someone who hasn't been born yet...and that's exactly what we are doing. But, I'm afraid it's too late to do much about it now, the check has already been cashed. Now, American's must at least hold their government accountable for their decisions and make sure the money goes to the purposes of which it was intended. Nevertheless, one cannot deny that a dark cloud hangs over the United States at this very hour.