2006-12-12 11:42:38 · 11 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
deficit spending, i believe, but i'm often wrong.
2006-12-12 11:44:46 · answer #1 · answered by brian w 2 · 0⤊ 1⤋
The National Debt.
The National Debt is the total amount of money owed by the government; the federal budget deficit is the yearly amount by which spending exceeds revenue. Add up all the deficits (and subtract those few budget surpluses we've had) for the past 200+ years and you'll get the current National Debt.
2006-12-12 11:52:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
bush being dum
just kiding
were just in debt because of the war
2006-12-12 11:44:01 · answer #3 · answered by cdude105 2 · 0⤊ 0⤋
Budget Deficit !
2006-12-12 11:45:04 · answer #4 · answered by afghaniguy007 2 · 0⤊ 0⤋
The answer to your question is called a deficit.
2006-12-12 11:52:08 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Moronic.
2006-12-12 11:44:16 · answer #6 · answered by fragglerockqueen 5 · 0⤊ 0⤋
Lack of good leadership
2006-12-12 11:43:50 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Life living beyond our means. spending money one does not have. borrowing mony to pay my bills.
2006-12-12 11:45:25 · answer #8 · answered by Anonymous · 0⤊ 0⤋
extreme debt/stupidity
2006-12-12 11:44:25 · answer #9 · answered by Anonymous · 0⤊ 0⤋
retardation?
2006-12-12 11:43:25 · answer #10 · answered by I am watching your every move. 3 · 0⤊ 0⤋