The U.S. deficit just passed $12 TRILLION. It hit $11 Trillion just 8months ago. Based on the latest census numbers, every man, women, and child in the US owes $39,500 for their share of the national debt. Each individual’s share has increase by $3300 in the last 8 months.

I heard this question posed and thought it was pretty interesting. If both Democrats & Republicans are against deficits and high taxes, why do we have deficits and high taxes? Our current problems are not caused by Democrats or Republicans, they are caused by politicians. It does not matter the party affiliation. Every Politian wants to increase government take more of your money.

The deficit is at a level that the probability of the country going bankrupt is greater then the probability of paying off the debt. It is sad to think that we have burdened many future generations with this debt.

If we want to fix this problem we need to replace every politician in Washington and start fresh with people who more closely resemble the average American. In the American population less then 1% of the population is composed of millionaires. In Washington 54% of congressmen are millionaires and 40% of senators are millionaires. Do you think they really represent you?