Just came across this site: U.S. National Debt Clock "The estimated population of the United States is 304,194,919 so each citizen's share of this debt is $30,863.66. The National Debt has continued to increase an average of $1.45 billion per day since September 28, 2007!"
We're pretty damn good at deluding ourselves, ain't we ? I know that I sure as hell don't feel like I owe anyone 30 K .
Incurring debt to fight the recession is fine. Not paying it back when the economy was expanding is bad policy. That's the economic legacy of this President who cut taxes and increased spending so we can tax our children instead.
Then, you are saying that OUR PRESIDENT LIED when he said: "We will not deny, we will not ignore, we will not pass along our problems to other Congresses, to other presidents and other generations."?
And even that is debatable. He was pretty obviously annointed the first go-round by the Supreme court. He may have actually won the second time around, depending on whether you believe that that election wasn't rigged. I'm still not sure about the 2004 election.
We must cut unnecessary governmental spending, all to often today spending is used by Congressional representatives to repay their campaign donors and pander to their special interests. There is billions and billions of taxpayer's money being wasted, then we borrow from China, Japan and etc....to fund even more spending. Pathetic....
We actually do a pretty good job of keeping what is known as DISCRETIONARY spending with in bounds. When you get past the intrest on the national debt, Social Security, Medicare, Medicaid, and the Military budget, there's not much left...something like 15%. That's not much to play with. And trying to make gov't efficient is useless. The worthless civil service culture in gov't is beyond repair.
