U.s. National Debt Grows To Large For National Debt Clock
Airing Date Oct.5, 2008 … national debt Freddie Fannie AIG and Lehman Henry Paulson hank mccain obama ron paul biden palin bush iraq
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Any sources to back that claim up?
Still begs to question how Americans can spend anything with this much debt.
“Still begs to question how Americans can spend anything with this much debt.” Same goes for European nations. I get tired of over the top spending. Thankfully Dutch national debt as a percentage of GDP is still much lower then the US, non the less we should take further action in lowering national debt and making our government smaller and more efficient. Governments shouldn`t be buying art for it`s streets with taxpayers money, They should have bidding contracts for road construction etc..etc
“Actually the US spends the least on foreign aid of any western nation per individual.”
Well, I’m not going to get in the, your better than me, argument. What furiates me is all the soldiers that died for our independance has been made a mockery of at the present time. The US gov’t takes away too much money from the citizen taxpayers and spends it in ways that “we the people” do not approve of. Eventually with the popularity of the internet and it news, we will prevail.
Yes,If only citizens could vote on how they spend our money. They recently build some “artwork” close to my home. Guess what it was; It was a house on a moving train track on a roundabout. Yes that`s right a moving house on a roundabout. Talk about insanity. And that`s money from Dutch taxpayers. I don`t need any art payed for with taxes. The government gets to involved in too many things. No wonder taxes are high. Sorry for my rant. You know we pay about 9 dollars per gallon in Holland for oil.
imagine what would happen if the world currency was changed from the US Dollar to the Euro, and the asian country’s called in their bebt. america would be so screwed
Obama is making this so much worse with “cash for clunkers”
I don’t like Clinton, i don’t like Bush and i don’t like Obama because NONE OF THEM seem to understand BASIC Economics!
They should add two more digit !
Intelligent conservative Republicans have proposed tax cuts so perhaps we should try that and see if it works, just lower taxes and let ‘we the people’ decide where to spend our own money. Keep the military budget high to protect America’s future and stop Obama taking away the freedom to own guns.
The problem is worse than many realize. Many foreign countries are also starting to rack up staggering amounts of debt.
HAHAHAH USA sux. And Obama and Geithner talk about economic recovery.
Almost every country is in debt, because we all use a Federal Reserve.
im in 7th grade nd i have to do a project on dis crap! -.-”
dis aint dumb the project ish for chu serioud peeps hit meh up on zwinky
really depressing. I would hate to work on Wall Street and see that everyday.
Vearrow, no foreign countries are starting to call in America’s debt. Japan and China plan to stop buying US treasury debt and drop the dollar. WE ARE SCREWED!
soon america go bye bye, keep spending
Laugh it up now! When we go down so will you! America, Mexico, and Canada will be one. There has already been treaties signed. We will all be like a big happy third world family!
sad, but true
Dickheadrika sucks forever
Debt : Output is within normal bounds.
The US has significant tax elasticicty compared to other first world countries.
Personally, I think the current goverment sector spending has greater benefits compared to the costs of having the private sector retreat in a perpetually reinforcing deflation cycle.
Instead if putting a new clock up they should figure out a way that we don’t need a new one. maybe try and manage the money better. this debt is a disgrace to our people. I hope the countries that borrow us our money stop doing it, they probably wont get their money anyway. If they have to put a new clock up that should be the last straw.
why do you sound so happy about that?!
im not happy about that
but do all of you realize that money is just paper*the US uses cotton* with ink printed on it?
the only power it holds is its symbolism,theres no more gold backing it up,the only thing that makes it important is trade treaties and capitalism,if we took all the infrastructure out,then money would be nothing but cotton and ink.
I don’t mind. The USA is the reason this shit happened in the first place. A new order in this world is needed. The corruption of the USA needs to come to and end.