THE COMING TRAIN WRECK FOR THE U.S. ECONOMY

Gasp!

From the Washington Times on February 14, 2011:

President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of the entire U.S. economy, and will jump to nearly $21 trillion in five years' time.

[...]

Mr. Obama's budget said 2011 will see the biggest one-year jump in debt in history, or nearly $2 trillion in a single year....

Also see "A Tipping Point Is Nearing" at American Thinker.

Any solutions to this oncoming train wreck will be painful in the extreme.