It seems like every day I read about how government wastes money so I thought I would record them. Since I began this blog, I have been stunned by the amount of waste, fraud, and mismanagement I have found. I recognize that some government is necessary for any society to exist but without the "profit incentive" that we have in private enterprise, government continues to grow like a cancer and along with it the potential for abuse. If you ever needed a reason to limit government, just read some of the following posts.

Sunday, June 3, 2012

Debt Up $1.59 Trillon - More in 15 Months Than First 97 Congresses Combined

At the close of business on March 4, 2011, the total federal debt was $14.182 trillion according to the Treasury Department’s Bureau of the Public Debt. At the close of business on May 31, 2012, it was $15.770 trillion. That is an increase of $1.588 trillion in just 15 months.

All of the debt accumulated by the federal government throughout the history of the country did not exceed $1.588 trillion until October 1984.
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