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Originally Posted by aka123
US welfare state? LOL. Maybe you should look at US army's expences to look for one big reason for the debt.
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The US has a huge welfare program - perhaps you should get your facts right. However, sure there is a welfare state and a warfare state and both contribute to the national debt.
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You may be student, but I have already graduated.
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I have a legal education (I'm a law graduate) and a student of economics. What did you graduate in?
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I am business man also, and I have done some trading too (for my own account).
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A big fail because you don't understand the basics. I expect the ratio of those who do understand to those who don't to be not so far removed from the ratio of those in the top 5% to those in the 95%. As Mineistaken rightly said, the "rabble" simply do not understand how it works.