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how much do you think we would still be in the hole?

2006-12-29 05:08:57 · 14 answers · asked by Joyce D 2 in Social Science Psychology

14 answers

A lot. Check this link.

2006-12-29 05:17:26 · answer #1 · answered by frenzee2000 3 · 0 0

The US deficit in dollars is (or was) about equal to $1000 for each US citizen. It might be even larger now, but I haven't checked recently. So every American chipping in a dollar to settle the deficit for one year would still leave 99.9% of it owed (to the Federal Reserve System's banks).

If by some miracle each US citizen contributed $1000, so that the entire deficit were settled, what would happen is that your Congressmen would figure that this was a good time to raise taxes on each US citizen by $1000. If you did it once, voluntarily, you'd have to do it again every year by compulsion. And your elected politicians would find ways to spend the extra money so that the deficit was back to where it had been originally.

So don't bother. The idea is to starve your government of money, to eliminate that monster of a government if you can, not to try feeding it until it claims to be satiated and says "no more please": such a thing would never happen.

Furthermore, the deficit has accumulated into a US national debt of... what? ... $7 trillion? That's about $25,000 per US citizen, isn't it? On top of that, there's an even greater amount of corporate and individual debt, and all of that debt is, one way or another, owed to the Federal Reserve System banks.

The strange thing is this: none of the Federal Reserve System bankers ever did any work to justify getting any claim on the productive power of American society. Not one bit! Your whole money system is a scam, and the Federal Reserve bankers are the perpetrators of that scam. And your government is guilty of high treason against the American people for being complicit in that scam. The ultimate aim of the money scam is to transfer all of the real and tangible property in the United States (actually, in the world, since there are parallel scams going on in other countries) to the ownership of Jewish bankers.

The scam has been going on for so long that there is no way to settle it from within the system, and the outcome must be either of two things: (1) the bankers win and everybody else will become a slave, or (2) everybody else wins and the bankers are executed for the temerity and the gravity of their crimes against humanity.

2006-12-29 13:58:12 · answer #2 · answered by Anonymous · 0 0

Excuse Me? I don't know about you but I send more than a 1.00 a day to the government and I don't think it is going to make a difference, do you? As a matter of fact I send nearly 15.00 dollars a day in taxes to the government and it continues to make no difference. So if you want to send a dollar a day to the Treasury, you have fun! I don't mean to be rude but at this point there is only one of three things that will change the deficit.
1. The Government won't do it because there is no profit in it. For them or for any medical establishments.
2. Do you know of anyone who wants to pay 75% percent of their income to Taxes with nothing to gain by it?
3. I can name 40 government workers who would come un-glued if they had to take a pay cut or lose their jobs all together.
Lets just say for instance each person who makes 7.00 dollars an hour and using the figures given by another person answering your question. You are looking at..hmm..carry the two...drop the zero..Oh, my bad, just doing the math! We're looking at more than 6,000,000 dollars every two weeks in taxes. Hmm, now you know darn well that there are people out there that make a bit more than this and on the other scale make a bit less. Now if we multiply this by four (4) we get 24,000,000 in four weeks. Do I really need to keep going with this?
I believe you get the point! Now, Do you spend anything close to this in one year? Nope, me either! So I would say that we really need to start looking at the expenditures of our Government for the cuts.
Please excuse my spelling! My spell check only corrects a paragraph or two, not a book.
Good Luck with your answers!

2006-12-29 13:37:29 · answer #3 · answered by wonderingmom 3 · 0 0

I think, no matter what we send, or spend... it makes the politicians wallets fatter. Not the people that really need it. I think we should send a dollar a week to a more worthy cause like homeless shelters, or childrens charities. Not the ones in Washington, that just keep wasting our money on things that they think is important. I think we should have a say more in what WE as the PEOPLE think is important. How bout you!?

By the way, nice name there I'm also Joyce D here, and your signup day there is my birthday... what a coincidence there. Take care ~Baddest

2006-12-29 13:19:49 · answer #4 · answered by ,,!,,baddest~lil~b!tch,,!,, 4 · 0 0

The current population of the US is estimated at about 300 million. If you eliminate the young, (anyone under 5), you get about 275 million. 275 million dollars against the US trade Deficit which is not shrinking (contradicting an earlier post) at nearly $800,000,000,000 its not going to make much of a difference.

2006-12-29 13:15:06 · answer #5 · answered by James U 2 · 0 0

Still several trillion dollars I'm afraid. The U.S. deficit is out of control. I understand it is part of the plan to crash the economy, so they can set up the North American Union, and bring out the Amero, as the new currency of the N.A.U.

2006-12-29 13:23:52 · answer #6 · answered by oceansoflight777 5 · 0 0

What we need to budget balancing and some democrats in presidential power again to balance the US budget and put us in the black again like we were just before the republicans took over.

2006-12-29 13:18:05 · answer #7 · answered by Anonymous · 0 0

I'm still trying to figure out what the government is doing with all the money they do get!

2006-12-29 13:11:23 · answer #8 · answered by Anonymous · 1 0

Yeah, we'd still be in the hole. Our donations would be squandered and skimmed by corrupt individuals.

2006-12-29 13:36:14 · answer #9 · answered by sexmagnet 6 · 0 0

The deficit is has been shrinking faster than the polar ice caps. I think this is a moot point.

2006-12-29 13:10:54 · answer #10 · answered by charles 3 · 0 1

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