
News Link • Government Waste
30 Trillion Dollars In 30 Years - The Greatest Party In The History Of The World...
• The Economic Collapse Blog - Michale SnyderIn 1995, the nation was obsessed with the O.J. Simpson trial, "Toy Story" was the biggest movie of the year, the Sony Playstation made its debut in the United States, and Bill Clinton was in the White House. At that time, the U.S. national debt was right on the verge of crossing the 5 trillion dollar mark. Today, the U.S. national debt is sitting at 36.2 trillion dollars. That means that we have added more than 30 trillion dollars to the national debt in just 30 years.
So what did we get for 30 trillion dollars?
We got the greatest party in the history of the world.
Over the past three decades, we have been enjoying an obscenely inflated standard of living that we did not deserve.