Our government, federal, state, and local but mostly (90%) federal says, “We will spend as much money as we want without worrying about the future.” Well, here is what will happen if this isn’t stopped in 2016:
- We will not be able to pay back the money we owe.
- The United States will declare bankruptcy.
- You will lose 90% of your savings.
Now, let that last item sink in.
If you have $1,000 in the bank, you will lose $900.
If you have $10,000 in the bank, you will lose $9,000.
If you have $100,000 in the bank, you will lose $90,000.
If you have $500,000 in the bank, you will lose $450,000.
If you have $10,000,000 in the bank, you will lose $9,000,000.
Also, all insurance policies will effectively be cancelled, Social Security will stop, Medicare will stop, Medicaid will stop, and Food Stamps will stop.
There are many, many more bad things that will happen but we believe we have given you enough to think about.
Note that Democrats are 66% responsible and Republicans are 34% responsible for the disaster toward which we are headed.
Finally, vote for someone in 2016 who promises to stop the insane spending! You have been warned.