If you’re like me, you pay attention to what happens in our country.  For over 40 years we have been bombarded by the term “National Debt.”  But do we really understand what that means?  It was a big issue in the last election and President Obama promised not to pass a bill that “added a penny” to the National Debt.  Do average Americans understand the complexities of our economy?  Do you?  I don’t want to turn this into an economics class so I will skip the minutiae and cut right to the main two points.

Basically our entire complex economy can be explained fairly simply if you realize that our national wealth is really the difference between our gross worth, which we will call Gross Domestic Product ‘GDP’, and out total debt.  Our GDP is basically everything in our country.  Everything!  Every car, sink, house, spoon, dollar, pencil, light switch coin, etc.  everything you do at your job adds to the GDP.  Everything you buy adds to the GDP.  Imports, exports, EVERYTHING!  Our debt is outstanding financial obligations incurred by the governments.  Pay close attention to the ‘S’ because we are not talking about just the federal government, we are talking about ALL government.  State, Federal, Local, County, City, etc.  Most of the governments try not to spend more than they take in…   and most of them fail.  The amount at which they fail is our debt.  Yes, OUR debt.  It’s not the cities debt, or the state’s debt, but your debt and my debt.  I say that because WE are the ones that will be forced to pay for it, therefore it is our debt.

So we have the good money, GDP and the bad money, Debt.  So simply subtracting our debt, from our GDP will give us our national worth.  As of this writing out total GDP was $14,334,713,000,000 and our Debt was 12,794,769,000,000.  That’s a difference of $1,539,944,000,000.  So everything we have minus everything we owe equals 1.5 Trillion Dollars.  Our country’s current worth is 1.5 Trillion Dollars and is falling by the minute.  Right now our Debt to GDP ratio is 89.3%.  We have almost reached the point in our national history where we owe more than our country is worth.  We will join a long list of countries where this has happened.  Here is a short list: The Union of Soviet Socialist Republics, Vietnam, North Korea, Iran, Rwanda, and many more.

[source: National Debt Clock, http://www.usdebtclock.org/]

My fellow patriots, we have to stop spending.  We have to force our population to be more accountable for their own survival and less reliant on government.  This is not a cradle to grave society, no matter what the Liberals tell us, no matter what the new media says.

There is an election coming up in which some major changes can occur.  Get involved and get these big spenders out of office.  Don’t vote party, don’t vote right or left…   Vote principles and vote for the future of our country.

– The Patriot