Hey you there reading this...can you do math?
http://zfacts.com/p/447.html
As far as authorized spending, we haven't even spent one trillion in Iraq. Although, there were stories some time back when the total cost eclipsed that of Vietnam at 1.2 trillion.
The exact amount is hard, I suppose, to estimate.
Some experts put the cost of the occupation of Iraq at as much as three trillion.
Even so, we are nine trillion plus in debt. Therefore, roughly two-thirds of the debt originates with the historically unprecedented tax breaks for the mega-wealthy the last eight years.
Therefore, the whole thing is most certainly fixable. And just in time too. Because the people caught up in the mortgage lending crisis naturally turned to credit cards to finance their respective lifestyles and in just this year alone there has been another approximately fifty billion in defaults. And now the credit card companies are crying and starting to approach the government for a handout.
Of course, people are so ignorant and apathetic that Obama may not win.
If that turns out to be the case, I suppose we'll get what we deserve once more.