Will Bush bankrupt the government before he and others can save the suburbs by securing the oil?

Answer 1

He already has bankrupted the government... well him and the Republic congress that gave him a free ticket. We currently owe China 26 BILLION dollars.

Answer 2

If you're concerned with federal government "bankruptcy" you'd better get on the horn to Lil' Nancy and Ho-Hum Harry and ask 'em what on earth they're gonna do about entitlements once the Baby Boomer generation reaches retirement age en masse. THAT is when federal government "bankruptcy" will become a subject worth discussing. For now, however, it's a meaningless term as far as reality goes.

Answer 3

in the last 2 years the economy grew by 2.2 trillion which is bigger than the entire economy of china and India combined. our current foreign debt is 32 % GDP and EVERY OTHER industrialized nation (including china) has a foreign dept larger than 100 % GDP and most lesser industrialized nation is close to 70-80% GDP. no matter what some think we are in no danger of going bankrupt.

Answer 4

Bush must stop the military spending in Iraq but must divert the funds to other beneficial projects.

Answer 5

I'll bet on the democrats doing that job since they control congress now, and if you control congress, you control the budget.

Answer 6

He bankrupted US long ago.

Answer 7

Clinton's actions caused our national debt to increase.

BLAME CLINTON & ILLEGAL ALIENS FOR DEBT and lower family incomes. Because of Clinton, China's GDP is growing 250% faster than the U.S.'s. Goldman Sachs predicts China will replace the U.S. as the number one economic giant . (http://www.the-global-institute.org/act/2006conference/Linn%20-%20Economic%20growth.ppt

Both China and illegal aliens slow tax revenue growth. They are causing the lowering of family incomes for middle class Americans. Blame Clinton for China being in the WTO which is causing a record growing trade deficit. That trade deficit is resulting in the undermining of the middle class which is slowing tax revenue growth.

http://graphics.jsonline.com/graphics/bym/img/mar06/CHINA24g.gif

Clinton has seriously damaged the U.S. economy. Because of Clinton the trade deficit with China will top $1 trillion a year within 10 years. Clinton pushed the U.S. to agree to having China join the World Trade Organization. China is causing the loss of high paying U.S. jobs. And illegal aliens are undermining increases in family incomes. Clinton has caused China's economy to explode with growth and our trade deficit to explode. The HIGH OIL PRICES are due to China's growing demand for oil which did not exist ten years ago.

About Mexico: A non-biased report said illegal aliens take 1/3 of all new jobs created in America. That dilutes wages and puts Americans out of work. The real unemployment rate(u6) for the U.S. is running at over 7%.
References:
1) "China's booming economy is sucking in a huge amount of oil " "Why are oil prices so high?"
http://news.bbc.co.uk/1/hi/business/3708951.stm
2) DEMOCRAT WEBSITE:
Clinton's Risky China Gamble by Robert Kuttner
http://www.commondreams.org/views/031200-101.htm
3) Clinton Launches All-out Effort For China's Entry Into WTO
http://72.14.253.104/search?q=cache:OegLWsf7xM8J:english.people.com.cn/english/2 00001/11/eng20000111W137.html+Clinton+Urges+Congress+to+Approve+WTO+Deal+with+China&hl=en&gl=us&ct=clnk&cd=2
4) CNN.com - ASIANOW - Clinton to send China trade bill to Congress
http://archives.cnn.com/2000/ASIANOW/east/03/08/china.wto/index.html
5) Clinton Urges Congress to Approve WTO Deal with China
http://english.peopledaily.com.cn/english/200001/11/eng20000111X110.html
6) USATODAY.com - Average family income drops 2.3%
The average income of American families, after adjusting for inflation, declined 2.3% in 2004 compared with 2001 while their net worth rose but at a slower ...
http://www.usatoday.com/money/economy/income/2006-02-23-fed-incomes_x.htm
7) Tibet supporters outraged by Clinton's WTO deal with China (MF)
http://www.tibet.ca/wtnarchive/1999/11/16_5.html
8) ILLEGAL ALIENS TAKE 1/3 OF NEW JOBS
by: www_minutemanproject_com
Latinos entering the country between 2000 and 2004 were hired to fill more than one-third of all new jobs in the United States last year according to the Pew Hispanic Center.
http://www.mercurynews.com/mld/mercurynews/business/11550761.htm
9) 97% OF ILLEGALS TAKING JOBS AWAY
and only 3% work in farming.
"While 3 percent of unauthorized workers are employed in agriculture, 33 percent have jobs in service industries and substantial shares can be found in construction and extractive occupations (16%) and in production, installation and repair (17%)."
Pew Hispanic Center Offers Fuller Portrait of Unauthorized Migrants http://pewhispanic.org/newsroom/releases/release.php?ReleaseID=33

Answer 8

to a_bush_family_member:
you must know that there is a difference between your families acct, and the national deficit.....or at least there used to be

Answer 9

what?