The current US fiscal deficit is approaching according to the
US Treasury Dept $690 billion this year ;
The US current-account deficit
US Bureau of Economic Analysis (receipts and payments on goods, services, income and net unilateral transfers) $666 billion in 2004;
US National Debt $7.8 trillion, increasing by $2.15 billion per day. To give it the right effect, every living resident of the United States owes $26,370 before including any personal debt, and this includes those who don't earn a penny;
Foreign owned assets in the US (same US gov't source as above) $1.43 trillion (that is the liability of the US to foreigners);
US owned assets abroad (same source) $817.7 billion (the liability owed by foreigners to US);
Net financial inflow to the US (This is what it would cost to buy back your own country from the rest of the world) $615.5 billion $2400 per person in the US;
The US education system is failing at the primary and secondary level. There are not enough teachers and fewer people are willing to become teachers (according to the NEA)(there is some evidence in this thread of that);
Stinging from a huge recruiting shortfall, the US Army has raised the maximum age of new recruits in the Army Reserve and National Guard to 39. The volunteers for the volunteer army just aren't there;
The US is dealing with an "insurgency" in Iraq which has no end in sight. (The rest of the world calls it a "resistance", but we'll go with Rumsfeld's version for now);
The US Army Chief of Staff has ordered that rotation three and four of troops to Iraq be sized the same as rotation one and two. This will keep US troops, at the current manpower level, in Iraq past the end of 2007;
Crude oil costs $50.22 a bbl compared to $37.21 a year ago today. This kind of leap in the heaviest oil consuming country on the planet subracts from the economy and creates unemployment.
That's just a few of the facts Americans should be looking at. Now, before somebody accuses me of gloating over all those horrible figures, I find it terrifying to have the US in that position. Even the strongest economy in the world can't withstand that kind of pressure forever.
But you think Iran should be next? How? Check out the national bank account. The US adventure in Iraq has cost 10 times what Bush initially asked for and 100 times what Wolfowitz said it would cost. You can't afford to try to take on another country. You can't afford what you're doing now.