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http://www.lafn.org/politics/gvdc/Natl_Debt_Chart.html

http://www.uuforum.org/deficit.htm

2006-10-30 13:10:50 · 11 answers · asked by bush-deathgrip 1 in Politics & Government Politics

11 answers

The Republicans have bankrupted America.

250 billion dollar deficits, a 9 trillion dollar debt, and out of control spending.

All they do is spend, and can careless what happens!

2006-10-30 23:39:18 · answer #1 · answered by Villain 6 · 0 0

With over $400 billion in deficit this year and for years to come, how do they pay for that deficit? First, by taking the Social Security surplus that comes in every month and endorsing the checks of working people over to me to pay for the tax cuts. But it's not enough. So they have to go borrow money. Most of it they borrow from the Chinese and Japanese governments. Sure, these countries are competing with us for good jobs, but how can we enforce our trade laws against our bankers? I mean, come on!

Bush’s tax cuts for the wealthy, reckless spending and fiscal irresponsibility have produced a record budget deficit. This lack of leadership reduces flexibility to respond to future American crises, jeopardizes an already shaky dollar currency, interest rates will skyrocket, raises prices, weakens banks, lessens private sector spending and lowers future national income. He has sacrificed long-term economic growth for political purposes and to please his beloved wealthy base. The nonpartisan Tax Policy Center calculated that 53% of Bush’s tax cuts in 2001 and 2003 went to the highest earning 10% of Americans.

President Bush argues that his cut in tax rates stimulate the economy. Only temporarily. So how far did his cuts trickle? Not much. Also, his lack of fiscal discipline illustrates no plan for long-term economic growth. Currently the growth rate is slow nothing to crow about. Despite a record high DOW, job growth in September was very poor and a significantly below average growth for the third quarter, only 1.6 %.

2006-10-30 21:21:38 · answer #2 · answered by Anonymous · 0 0

Unfortunately for all of us, and this country.. the Republicans think that just because they say something is so... it is miraculously so.... they live in some kind of other world where the rest of the county really doesn't matter. The administration and their rich friends are making money, they will all go off to some Arab land and retire.. and the hell with the rest of us. Wait and see.

2006-10-30 21:15:38 · answer #3 · answered by Debra H 7 · 1 0

Right. Building a defense from the ground up costs money.

Dems would like us to let the terrorists have our country without a fight.

Either way, no reason to stay focused on the deficit, now is there?

2006-10-30 21:14:44 · answer #4 · answered by ? 7 · 0 2

You praise double digit Jimmy Carter?


LOL thats the funniest thing. All even through carter?

Double Digit unemployment rate
Double digit intrest rates
And its a flat line?

2006-10-30 21:16:24 · answer #5 · answered by John 3 · 1 1

Giving republicans keys to the economy is like having the fox guard the hen house.

2006-10-30 21:14:36 · answer #6 · answered by notme 5 · 0 2

By avoiding questions, pointing blame elsewhere and being very vague in stating what they've accomplished.

2006-10-30 21:16:17 · answer #7 · answered by david n 3 · 0 1

I know

Also, please pick a best answer because one of the people that answered this question, cheats during the voting process to win. Email me if you want to know who.

2006-11-03 14:33:17 · answer #8 · answered by JesiCheats 1 · 0 0

They are liars that are counting on you having a short memory.

2006-10-30 21:13:48 · answer #9 · answered by Anonymous · 1 0

They have 'con' written in their name for a reason you know.

2006-10-30 21:12:36 · answer #10 · answered by Tofu Jesus 5 · 3 1

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