Quote:
Originally Posted by Brent 3dSexCash
Isnt 39 bil like 1 percent of the budget?
What a joke by both parties. They need to cut a ton more to make any difference in the debt.
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If only it were so easy.
Part of the debt is due to America going to war in Afghanistan and Iraq, now they have the added cost of protecting rebels in Libya. So the first two are Republican's fault and all those who were whooping for joy as the US swung it's military into action at the cost of billions a day.
Then there's the real reason behind the deficit. The US along with many other countries enjoys a standard of living it doesn't earn.
The trillions of $$$ loaned were poured into the US economy and indirectly into yours and my bank accounts. People benefiting form the loans spend money, which fuels an economy to support a standard of living.
Taking 1% out of an economy is going to mean 1% less being spent. Some of it spent on porn sites. Paying a Government employee means he can buy food, pay rent, surf the Internet and but a porn membership.
And why are so many economies in a mess?
Look in the shops, goods made in the 3rd World often in factories owned by the 0.05% or their goods bought buy the 1% to resell to the 99%. Figures to illustrate the point.
Too many buy too much manufactured abroad, with money that was loaned. Either on a CC or from places like China, Saudi, etc.
If you want to restart the US economy drive a smaller car made in the US and don't buy anything that was made outside the US. Same goes for UK, Eire, Portugal, Greece, Spain, etc.