2007-08-27 05:53:53 · 13 answers · asked by Dirk von Pelvis 1 in Politics & Government ➔ Other - Politics & Government
It seems odd that during republican administrations we give tax cuts to the rich and create large deficits and claim to have a healthy economy. If you ran your household like that what would happen? You would be bankrupt, guess what. We are almost there, there is a global credit crisis as a result of our "economy". China now owns us, literally.
2007-08-27 06:05:59 · answer #1 · answered by Follow the money 7 · 0⤊ 2⤋
Because no Democratic Controlled Congress in the history of the United States, has ever passed a balanced budget.
Not once ever !!!!!!!!!
2007-08-27 14:29:25 · answer #2 · answered by jeeper_peeper321 7 · 0⤊ 0⤋
Because we don't pay enough in taxes to support the spending. Because the spending is designed to get votes for the corrupt federal politicians. Because no one in Washington is honest enough to address the problem. Because the media is corrupt and the general population too fat and lazy to pay attention to the problem. Because we fight wars we can't afford to keep military suppliers booming. Because we have a useless two party system with zero choice and zero chance to correct these issues. Because the Chinese are willing to lend us the money until they decide enough is enough. And finally, because Rex Grossman can't handle snaps from center.
2007-08-27 13:06:39 · answer #3 · answered by Worried in Bolingbrook 2 · 0⤊ 2⤋
Because of massive tax cuts for the corporate and rich and massive expenditure increases especially for the military and Iraq. The Bush administration inherited a healthy fiscal position from the previous administration and has recklessly squandered it.
2007-08-27 13:05:46 · answer #4 · answered by janniel 6 · 1⤊ 2⤋
Because we had a GOP compliant congress and senate who kissed the presidents a#* for six years and gave him whatever he wanted!Including a war based on distortions that is now costing us 10 billion dollars a month!
2007-08-27 13:01:42 · answer #5 · answered by honestamerican 7 · 0⤊ 2⤋
The Republican edict of "borrow and spend; borrow and spend.
They hate the Democrat's method of tax and spend, tax and spend. That way the government (we) pays as it goes.
Remember that Bill Clinton was the last President to have a balanced budget. (actually a surplus).
2007-08-27 13:05:20 · answer #6 · answered by Mezmarelda 6 · 1⤊ 2⤋
Because foreigners keep buying bonds.
2007-08-27 15:50:26 · answer #7 · answered by lundstroms2004 6 · 0⤊ 0⤋
bush was the man who couldn't say no to the republican congress
every bill they put before him, he signed
in a James Bond movie, bush would be a villain called "Dr. Yes"
2007-08-27 13:00:53 · answer #8 · answered by Anonymous · 1⤊ 2⤋
Because the American people want government services, but they don't want to pay for them. The GOP panders to these incompatible desires.
2007-08-27 12:58:34 · answer #9 · answered by Ye Olde Fasc-Fiter 5 · 0⤊ 2⤋
it's not... we are at a surplus.. you won't have a debt for long.. then you can ask something more proficient.
2007-08-27 13:08:47 · answer #10 · answered by jasonsluck13 6 · 0⤊ 0⤋