What is the reckless spending?

Discussion in 'Economy' started by LilOlLady, Jul 31, 2011.

  1. LilOlLady
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    LilOlLady Gold Member

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    WHAT IS THE RECKLESS SPENDING?



    All I hear from GOP is cut the reckless spending but no one has said what the reckless spending really is. Was it the stimulus that created and saved 3 million jobs? Was it the two wars that Bush started? Was it the tax cuts for the rich? Was it Obama care that gives healthcare to million of Americans that cannot afford healthcare and saved lives? Was it the Medicare perscription drug program for seniors? Was it food stamps for the hungry Americans? Was it social security payment to those who most of their lives paid into the program? Was it Medicare? Was it the bail out for Banks, the auto industry that save millions of jobs? Paying Congress big salaries, healthcare better than Obamacare and retirement.



    Entitlement programs are not reckless spending, half the cuts in spending to balance the budget are entitlement programs and services which are used by the elderly, children, poor and disabled. GOP tea baggers want to kill granny, junior and the disabled.



    What is the reckless spending:confused:
     
  2. AdvaPointSolar
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    AdvaPointSolar Rookie

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    Reckless spending is spending without thinking!
     
  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    Sincerely - I don't mean to insult...but this is a stupid question.
    Reckless spending is ANY spending that is more than you take in...and doing it over and over.

    It does not matter whatsoever what it is spent on...nada...what matters is consistently spending money YOU DON'T HAVE.

    See this..

     
  4. Mr Clean
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    Mr Clean Gold Member

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    Like the Iraq fiasco.
     
  5. Rozman
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    Rozman Gold Member Supporting Member

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    Reckless spending is spending more then you take in...in my opinion.Until income increases
    Government should adjust and not spend as much.Even with the cuts that were agreed to
    with the raising of the debt ceiling we will still be spending more then we take in...
    How much longer will it be before our debt equals our GDP? :(
     
  6. iamwhatiseem
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    iamwhatiseem Gold Member

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    It already does...

    U.S. Debt Reaches 100 Percent of Country's GDP - FoxNews.com

     

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