Or is it just smoke and mirrors? Your thoughts on what pay as you go will actually accomplish!
2007-01-11 13:03:19 · 4 answers · asked by Anonymous in Politics & Government ➔ Government
The debt was around 5.8 trillion when Bush took office. Both parties have been adding the Social Security into the general fund giving SS back IOUs. This is not a one party did senario.
http://www.delta.edu/mkhiatt/surplus_myth.html
2007-01-11 13:13:33 · update #1
I have just one question concerning this pay-as-you-go scenario.
If we did implement this strategy, how do we pay off the national debt that we have already acquired? I'm not saying this is a bad idea, as a matter of fact I like it. I just have questions about it still.
2007-01-11 15:15:01 · answer #1 · answered by Do You See What Happens Larry? 5 · 2⤊ 1⤋
The National Debt has continued to increase an average of
$1.61 billion per day since September 29, 2006!
2007-01-11 21:07:12 · answer #2 · answered by Mark B 4 · 1⤊ 0⤋
Its a great ideas but the Republicans created such a massive government that once the economy slows--which it will--there is no way we can ever pay as we go and we will face a massive deficit--if the Asians are kind enough to lend us massive amounts. If not, we are in serious trouble. Would be far better to immediately cut down the govt: close dept of labor, education and NASA for starters. That is what is desperately needed but will never happen
2007-01-11 21:08:26 · answer #3 · answered by Lighthearted 3 · 0⤊ 1⤋
Yeah right. Are you still listening?
2007-01-11 21:07:23 · answer #4 · answered by Bonita Applebaum 5 · 0⤊ 1⤋