for paying back the Trillion dollar war in Iraq? Raised taxes? A lot of money has been borrowed from China. How will that be paid back along with the accruing interest? Raised taxes? I haven't heard much about this. Maybe you can enlighten me.
2007-09-28
10:36:26
·
16 answers
·
asked by
MadLibs
6
in
Politics & Government
➔ Politics
Or will he leave that up to the next President to decide or the next one, or possible the next one considering it looks like we are in for the long haul.
2007-09-28
10:37:57 ·
update #1
Macaroni, by the way what in the heck kind of name is Macaroni to begin with and what type of eyewear do you have on your head. I think it is too tight and causing a lack of oxygen to your brain. If you see anymore questions asked by me, please don't bother to TRY and answer them. I have had enough of your rudeness and condesceding jabs.
2007-09-28
10:57:26 ·
update #2
Bush, while running for president in 2000:
"I will not try to be the world's police, and I will not leave unresolved wars or debts to my successors."
He really said that.
And his followers never blink.
2007-09-28 10:39:30
·
answer #1
·
answered by Anonymous
·
7⤊
2⤋
an economics lesson is in order. It's not like China wrote a check to the U.S. and we gave them an IOU.
They buy stocks, bonds and property in this country just like you, a company or another foreign country might. The market pays them back by purchasing their assets at the time of sale.
And they sell us lots and lots of cheap junk. We buy that with cash - you and I do indirectly at the time of purchase through the retailer, who paid the distributor, who paid the importer, who paid to have it made in China.
2007-09-28 17:41:52
·
answer #2
·
answered by MithrilHawk 4
·
3⤊
0⤋
Unfortunately, he has not practiced fiscal responsibility. It is definately not the Republican way. But Democrats are just as bad... if not worse.
What do you think Hillary will do if she become president? Free healthcare for everyone, $5000 bonds for all new babys born in the U.S. Who is going to pay for all of that????
2007-09-28 17:48:22
·
answer #3
·
answered by Fred Head 4
·
1⤊
0⤋
George W. Bush plans to be President until January 20th, 2009. And serve as the Chief Executive and Commander in Chief of the military forces until that date.
Since Congress holds the purse strings of the country, maybe you ought to ask Nancy Pelosi (ALL spending bills MUST originate in the House of Representatives-in case you are as ignorant as your question seems to indicate) and Harry Reid.
2007-09-28 17:43:45
·
answer #4
·
answered by plezurgui 6
·
1⤊
2⤋
Ever heard of "pass the buck" ?
Just how in the hell is that a conservative principal to drive a Nation into a trillion dollar debt, while 47 million go without insurance, our infrastructure crumbles, and yet wants more for his imperialistic war that benefits the powers that brought this Bastard George upon America.
2007-09-28 17:38:51
·
answer #5
·
answered by Anonymous
·
4⤊
2⤋
I know this is a very difficult concept for an ignorant liberals to grasp, but please try and pay attention. I will even type slow. Tax cuts generate revenue. The more money the consumer (that would be you and me) have in our pocket, the more we will spend, thus keeping the economy moving. That creates tax revenues that pay down the debt. There.....now copy and paste this to your head. If we are taxed to death, we have no money, we don't spend, we generate no revenue.
2007-09-28 17:49:30
·
answer #6
·
answered by macaroni 4
·
0⤊
2⤋
I have a plan. All of those who are able to work but are not working will have their benefits cut and the money can go to pay down the defecit. All of those who received welfare and are now gainfully employed can start paying back, and the defecit can be paid down.
2007-09-28 17:40:31
·
answer #7
·
answered by Anonymous
·
2⤊
2⤋
his plan is to leave it to the democrats who will take office in 2009. for the GOP, it's a win-win situation -- they don't have to be the bad guys by raising taxes, and they can blast the democrats who do, even though it's inevitable.
2007-09-28 17:42:04
·
answer #8
·
answered by Anonymous
·
4⤊
2⤋
The President that will be in office when your great-grandchildren are adults will still be paying for this monstrosity.
2007-09-28 17:39:51
·
answer #9
·
answered by Pitchow! 7
·
4⤊
2⤋
Bush plan for both debt and war......Save it for the next president to worry about.
2007-09-28 17:39:39
·
answer #10
·
answered by Anonymous
·
4⤊
2⤋