The House Committee on Ways and Means released a report today. The report showed that employment numbers have dropped in 49/50 states in the seven months following the economic stimulus package. North Dakota was the lone state with an increase in jobs…an increase of 1,800 jobs. That’s the silver lining if you want to call it that. The reality is that in the last seven months since the plan passed, more than 2,708,000 jobs have been lost. 2008 wasn’t a good year either but we lost 2.6 million jobs in the entire year. During the last seven months, we’ve lost 2.7 million jobs alone. In Obama’s numerous addresses to lobby for his stimulus plan, he stated that if action wasn’t taken immediately(so immediately that House Democrats couldn’t even allow 24 hours to pass for the 1100 page document to be reviewed), unemployment could reach double digits. Bad news B.O. Now 10 months into your presidency, there are at least 15 states with double digit unemployment. Did you use fuzzy economics to come up with your figures, or were you just trying to scare people into supporting your give away? When you took office, unemployment was at 7.2 percent and now it is just ...

The financial future of America looks bleak. I’ll use basic numbers here so anyone can follow, but the picture looks bad. Let’s start with our growing national debt. At this exact moment I’m writing this, our national debt is $11,959,954,520,449. The number in red above is what the debt currently is while you’re reading this.  My figure is roughly 12 trillion dollars. I know most people just figure that our debt wont affect them and that our government will figure out a way to fix it and the government can fix it, but at what cost? Print more money? Increase taxes? True, debt can be a good thing, but a debt of this proportion is most certainly not good. I’m afraid our country may be in a downward economic spiral that only a global economic collapse of tragic proportions can fix. How large is 12 trillion dollars? Well, the US population is estimated at nearly 307 million people. Hence, each American is responsible for almost $39,000 of our debt. The bad news: the average American earned about $27,094 in 2008. The good news: the average American household earns about $50,700. So, just get married and you’ll have your share of the debt covered ...