Congratulations on so many "firsts" Mr. President! Just to name a few, you are the first mixed race president (1.20.09), the first President to skip the Salute to Heroes Ball, honoring Medal of Honor recipients (1.21.09), the first President to bow to a Saudi King (4.2.2009), the first President to brew beer in the White House (2.6.11), first President to host "transgender" meeting at White House (5.5.11), first President to fail so miserably in providing economic leadership that the US Credit Rating has been downgraded for the first time in our history from AAA (8.5.11).
Among the reasons cited by S&P were our political instability and increasing debt. If the US Treasury Note is not a AAA value, then what is? But, even the world is watching our lack of leadership and growing debt! I'm no National Debt expert, but according to my personal calculations, the National Debt can be broken down approximately as follows: per taxpayer is $1,026,138; per citizen is $176,281; and per family is $669,103. When President Bush left office, the National Debt was approx. $10 trillion, and in just three years under President Obama, we are now over $14 trillion and climbing! Just to pay the interest on the National Debt would cost every US citizen approximately $11,644 annually -- that's just to service the interest on the debt! At what point will we stop the insanity and think about the future? Again, I am not a National Debt expert, so you may want to do your own calculations; but these numbers are astounding.
So, again, congratulations Mr. President on leading the United States of America to another first. God help us!
