The Obama Economy

Does anyone with a minor background in economics or at least 3rd grade mathematics, think that the Trillions of Dollars in bailouts, healthcare, military spending, etc. can actually be accomplished? The US has a $12 trillion deficit, and once it reaches $29 trillion, will represent 80% of our GDP. In other words, the US is bankrupt!

All this planning or hidden agenda seems to ignore world events such as pandemics, war in the Middle East, N Korea, a Taliban win in Pakistan, $150 barrel oil, and other major “wrenches” in the works events.

In this Obama rose colored glasses, my glass is half full optimistic view, and recovery will take place. In reality, it is all a disaster waiting to happen, on a Global scale!