The US government spends $41,120 every second in 2011

Discussion in 'Politics' started by tinydancer, Aug 2, 2012.

  1. tinydancer
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    tinydancer Diamond Member

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    When is the spending going to stop? What's truly insane is that some are still screaming for more stimulus. Those that are should be put in straight jackets after their lobotomy and have shock treatments with very high voltage. Sheesh.

    The United States racked up $41,210 in debt every second of every day in 2011 -- making the federal deficit the largest portion of the economy since the height of war spending in the 1940s.

    That shocking statistic was released by Face the Facts USA, a nonpartisan policy initiative, in an attempt to 'wake up' American voters and politicians to the rising piles of debt that the nation is accumulating.

    At more than 9 percent, the $1.56 trillion federal deficit last year was the culmination of three years of major deficit spending in the wake of the recession.



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    The last time the deficit rose that high was 1946, when the nation was winding down from full-blow war production.

    During the height of the war, the annual deficit was almost 30 percent of the country's gross domestic product as the government spent billions on tanks, guns, airplanes and battleships.



    Video at link
    Face the Facts USA: Government spends $41K on deficit every second | Mail Online

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    Last edited: Aug 2, 2012
  2. SniperFire
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    SniperFire Senior Member

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    But...... everybody likes free gubmint stuff!
     
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  3. LogikAndReazon
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    LogikAndReazon Gold Member

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    If the rich only paid their "fair share" (vomit) the deficit would disappear.........lol
     
  4. thanatos144
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    thanatos144 Gold Member

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    Makes me sick
     
  5. tinydancer
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    tinydancer Diamond Member

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    The government bureaucratic waste is just incredible. And these are the same people that liberals would hand over a health care system to.

    I think Washington needs a enema.

    Check this out. The GSA scandal has barely begun.

    “This is the tip of the iceberg. This will be in the millions of wasteful spending,” he explained. “But we have billions because GSA oversees 14,000 buildings and properties and, of that, many of them — most of them — are vacant or underutilized.”

    One building two blocks from the White House had been empty for 15 years at a cost to taxpayers of $6 to $7 million per year.

    Read more on Newsmax.com: Mica to Newsmax: 'Multi-Billion Dollar Waste' at GSA
    Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

     
  6. Black_Label
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    Black_Label Registered Democrat

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    Hell no. They are almost worse than Beck.
     
    Last edited: Aug 2, 2012
  7. uscitizen
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    uscitizen Senior Member

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    A couple seconds of that were mine :D
     
  8. tinydancer
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    tinydancer Diamond Member

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    Here ya go sparky. The news is everywhere. This scandal is not going to go away.

    GSA Las Vegas scandal 'tip of iceberg'
     
  9. 007
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    007 Charter Member Supporting Member

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    [​IMG]
     
  10. tjvh
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    tjvh Senior Member

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    Liberal logic will tell you that the $41,210 per second is stimulating the economy, what they wont tell you is who exactly is going to be forced to pay for it.
     

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