#WarOnDistractions

David Burge, the proprietor of the IowaHawk blog, has been tweeting about our economic realities, which are being hush-hushed by the various distractions like the Trayvon Martin case, the "war on women," and Sandra Fluke's inability to afford contraception. Here are some of Burge's tweets:
Current US debt: $15.65 Trillion. #WarOnDistractions



 The government spends $10.4 billion every day, $4.2 billion borrowed. #WarOnDistractions

Only 46% of those 16-25 are employed. 85% of 2011 college grads moved back home. College debt > $1 trillion. #WarOnDistractions

 There is literally not enough money in the entire world to pay for America's $100 trillion in unfunded entitlements. #WarOnDistractions

3 of America's 5 most populous states are teetering on bankruptcy, with bond ratings at junk status. #WarOnDistraction

 The US has 20% more debt than the EU, with a smaller economy. #WarOnDistractions

If you stop the wars, tax Fortune 500 profits & incomes > $250k at 100%, you couldn't pay for 8 months of fed spending. #WarOnDistractions

China doesn't want any more IOUs. 61% of all new fed debt is funded by the Federal Reserve, a/k/a the printing press. #WarOnDistractions 

In the last month while the media was pursuing Trayvon, slutgate & Wars on Women, we ran up > $100 B in debt. #WarOnDistractions

 The US is now record high debt rates and record low birth rates. Who do you expect to pay for your entitlements? #WarOnDistraction 

 There are more Americans older than 65 than Americans 20-29. #WarOnDistractions

 There's war in this country all right. A government economic war on young people. #WarOnDistractions

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