2006-08-30 13:03:19 · 28 answers · asked by S H I R A Z 1 in Politics & Government ➔ Politics
They are too busy trying to rule the world...
2006-08-30 13:08:28 · answer #1 · answered by Smarty Vero 3 · 5⤊ 1⤋
until the Clinton Administration balanced the budget in 1997, we have been a debtor nation since 1789. we have only been in the black twice before Clinton. Andrew Jackson in 1829 and Richard Nixon in 1970. Bush continually overspends. remember the cost for the war is NOT counted against the budget. It does however end up being added to the debt at the end of a fiscal year.
2006-08-30 20:11:24 · answer #2 · answered by ? 2 · 2⤊ 0⤋
They did. The Skull&Bones owned World Bank will get billion$ in interest on the money Bush borrowed from his own bank to finance the Slam Dunk War.
So they did fix it, just like fixing a dog. They cut the ba**s off of the working class Americans.
Go big Red Go
2006-08-30 20:15:14 · answer #3 · answered by 43 5 · 3⤊ 1⤋
wasn't the national debt created around 1787?
was bush alive then?
i think it's kept in line with debt owed to the U.S.
Mr. Bush said "deficits don't matter"
i say do it. become an isolationist nation, pay ALL the debt,(which MAY take 18-24 months) tell the rest of the world: "when you do the same, let's talk."
take care of ourselves.
ZERO nations operate in the black.(if they do, they wield NO power.)
2006-08-30 20:13:19 · answer #4 · answered by daddio 7 · 3⤊ 1⤋
That would take William Jefferson Clinton!
George W. Bush is a moran. He should be impeached, and tried, and convicted of high treason of the United States of America.
2006-09-02 00:55:28 · answer #5 · answered by Jeremy© ® ™ 5 · 0⤊ 1⤋
Not that I support the two, but you obviously lack knowledge of economics.
In the late 90's there was an unprecedented economic boom which, in turn, generated unprecedented tax revenue. Capital gains, specifically, was a great contributor to the economy since stocks were appreciating so rapidly. Now, after the crash of early 2000 (since securities were so overvalued), capital gains have been much smaller, and therefore less tax revenue. In addition, people can write off capital losses, to an extent, each year on their tax returns so people are still writing them off from the crash. So, smaller tax income. Add in the cost of homeland security and a war and there you go. There's your deficit.
What you neglect to mention is that the real GDP has been growing at roughly 3-4% per year since Bush took office and so the economy has been expanding at it's normal rate. It's simply extenuating circumstances that have left them facing these deficits and hence debt.
2006-08-30 20:12:16 · answer #6 · answered by Anonymous · 1⤊ 5⤋
Yes they broke it they should have to fix it before 2008.
2006-08-30 20:16:20 · answer #7 · answered by Yakuza 7 · 3⤊ 0⤋
They created it. Fixing it is the dem's problem, apparently.
No republican president has balanced the budget in 35 years. Republicans cannot manage money.
2006-08-30 20:10:27 · answer #8 · answered by Phil S 5 · 4⤊ 1⤋
Two mentioned are waiting for inflation and steep increase in death rate to fix the budge mess they produced.
2006-08-30 20:10:53 · answer #9 · answered by Mister2-15-2 7 · 1⤊ 2⤋
Hey that Shut up dummy guy was right beer does make you burp
2006-08-30 20:10:13 · answer #10 · answered by evil moderate liberal 2 · 1⤊ 3⤋