"America's Debt Is Greater than Entire Eurozone's (and U.K.'s) Combined Debt" When will we work on getting this to go down...?...What do you think?
XENON23
2012/04/11 17:47:28
Read More: http://www.weeklystandard.com/blogs/americas-debt-...
http://www.usdebtclock.org/
And our Credit rating was dropped again the other day from AA to AA with a Negative outlook. Never heard that on the news though.
And we are now well over 3 years without a Budget, and in the past few months the Senate has voted down 2 proposed by the house.
Thanks
And they have shot down 2 budget proposals since February. After not presenting a Budget themselves for over 3 years?
From your post that seems to not be the case.
And if you keep making it hard for Business to profit, you cannnot increase income. They keep their money protected out of the American Economy. And quit hiring.
And it is the Democrat failed policies that are being advocated. Since 2007 when the Democrats took control of the pursestrings, the National debt has risen from less than 9 Trillion to now close to 16 trillion. And our Credit rating was again reduced a few days ago to now an AA and Negative.
But you Liberal progressives keep thinking you can Tax and Spend to get out of debt.
Try that with your peersonal finances. It won't work. Mainly because you cannot print more Faux Currency backed by nothing.
You won't like the future if we continue toward defeating the Free Market, and being more of a Consumer than Producer. Which we have become to the tune of over 59 Billion dollars a year in trade deficit.
Companies are moving to Canada, China, Mexico, etc. where they can pay lower taxes, and hire lower cost labor.
First of All we never supported Bin Laden per se. We supported the Mujahdeen in throwing out the Russians from Afghanistan. After which OBL broke away and formed Al Queda. He was a rather lowly minion of the Mujahdeen.
He was the founder of Al-Qaeda, the jihadist organization responsible for the September 11 attacks on the United States and numerous other mass-casualty attacks against civilian and military targets.[5][6][7] He was a member of the wealthy Saudi bin Laden family, and an ethnic Yemeni Kindite.[8]
Bin Laden was on the American Federal Bureau of Investigation's (FBI) lists of Ten Most Wanted Fugitives and Most Wanted Terrorists for his involvement in the 1998 U.S. embassy bombings.[9][10][11] From 2001 to 2011, bin Laden was a major target of the War on Terror, with a US$25 million bounty by the Federal Bureau of Investigation.[12]
After being placed on the FBI's Most Wanted list, bin Laden remained in hiding during three U.S. presidential administrations. On May 2, 2011, bin Laden was shot and killed inside a private residential compound in Abbottabad, Pakistan, by U.S. Navy SEALs and CIA operatives in a covert operation ordered by United States President Barack Obama. Shortly after his death, bin Lad...
First of All we never supported Bin Laden per se. We supported the Mujahdeen in throwing out the Russians from Afghanistan. After which OBL broke away and formed Al Queda. He was a rather lowly minion of the Mujahdeen.
He was the founder of Al-Qaeda, the jihadist organization responsible for the September 11 attacks on the United States and numerous other mass-casualty attacks against civilian and military targets.[5][6][7] He was a member of the wealthy Saudi bin Laden family, and an ethnic Yemeni Kindite.[8]
Bin Laden was on the American Federal Bureau of Investigation's (FBI) lists of Ten Most Wanted Fugitives and Most Wanted Terrorists for his involvement in the 1998 U.S. embassy bombings.[9][10][11] From 2001 to 2011, bin Laden was a major target of the War on Terror, with a US$25 million bounty by the Federal Bureau of Investigation.[12]
After being placed on the FBI's Most Wanted list, bin Laden remained in hiding during three U.S. presidential administrations. On May 2, 2011, bin Laden was shot and killed inside a private residential compound in Abbottabad, Pakistan, by U.S. Navy SEALs and CIA operatives in a covert operation ordered by United States President Barack Obama. Shortly after his death, bin Laden's body was buried at sea.[13] Al-Qaeda acknowledged his death on May 6, 2011, vowing to retaliate.[14]
Now to your second bit of ignorance.
Since 2007 when the Democrats took over control of the Government, the National debt has risen from 9 trillion, to 16 trillion and still rising. Though Obama said he would cut it in half during his first term.
The Trade Deficit has risen to 59 Billion and is still rising. More companies are fleeing the US and moving to other countries to avoid the over 600 new Regulations, the Highest Corporate taxes, and labor costs in the world. And now the Democrats want to hit them with higher taxes. Just look around your home. How many things in sight can you say were manufactured in the USA? Not many.
Our Credit rating in 2007 was AAA and Stable, now it is down to AA and Negative as of a few days ago. And may be dropped again soon if Congress does not get a budget in place.
The Democrats have not presented on e budget in 3 years. And have shot down those presented since the Republicans took over the House in February. And just a few days ago, even the one presented by Obama.
Food stamp recipients have gone from less than 30 Million to nearly 50 million.
The workforce in 2008 was 145 Million, today it is 141 million.
Our ratio of Debt to GDP was a minus 69% now it is approaching a Minus 104% nearly double. And even the Minus 69% wsnt great. But it was at that time the companies began moving overseas.
And there is a lot more , but most folks would get the point. If that is your idea of handeling your precious tax dollars well, then you deserve what you get.
Still think giving tax cuts during a time of war was smart? Tell me oh intelligent one, when was this last done? I have to get to work. bye
And do you work for a poor person, or company, or someone that can afford to pay you for your labor? Or does he just calculate how much he makes and splits it evenly with you? That would be how socialism would work. So you are being used by that capitalistic SOB. You really should quit and go on welfare, that way you would be living as a true socialist.
And pray tell me what "Socialism for the Rich" is. Never heard of it.
And discount any of what I said. You cannot. So like most Libs, just cast insults, and run and hide. And calling me ignorant when I back up my statements with documantation, pretty well shows you to be the ignorant one. Prove anything I said wrong.