RDANGELO
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-11-05 05:23 AM
Original message |
40 DAYS SINCE DEFICITS DECLARED UNSUSTAINABLE |
|
On March 2nd, Federal Reserve Chairman Alan Greenspan declared that the current deficits were unsustainable. He also stated that the cost of making ****'s tax cuts permanent would add 1,8 trillion dollars to the federal debt. To this date , **** and the republican congress have proposed nothing substantial to reduce the deficits. Currently , the cost of the operations in Iraq are not being included in the budget. The cost of this is estimated at 207 Bil. by the end of this fiscal year. Also off the budget is the cost of transition for ****'s Social Security privatization plan ,which is estimated at 104.5 bil. for the first year and 2.2 trill over the decade.
Running these deficits has resulted in the US compiling 7 trillion dollars of debt. This means that as our country produces wealth,we have to use some of that wealth to pay off the debt instead of create jobs or provide for services.
The **** propaganda machine has portrayed him as strong and resolute leader, but the only people he has asked to make sacrifices in Iraq are the men and women he has ordered to put their lives on the line.If he believed the operation in Iraq is as important to the future of our country and the world as he says it is , he ought to have the guts to ask the American people to pay for it instead of wrecking our economic future buy running up the national debt.
www.nytimes.com/2005/03/02/business/02cnd-deficit.html?...
|
Vinca
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-11-05 05:29 AM
Response to Original message |
1. Sorry, haven't got time for the deficit. |
|
Too busy searching for the corpse du jour. We've focused on Schiavo and the Pope. Rainier was a blip. Need a new, major, all encompassing, dead person to keep the Bush/MSM coverage to nil.
|
izzie
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-11-05 06:54 AM
Response to Original message |
2. We are trying to find some real Republics, OK? |
|
Edited on Mon Apr-11-05 06:55 AM by izzie
No real Rep. would let this happen. I bet soon the real money people will start pulling in their back up money to this crazy GOP as money talks and I do not believe that the really money in the world will let them selfs lose any money. Very poor English sorry
|
Deja Q
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Apr-11-05 07:02 AM
Response to Original message |
3. Well, the middle and lower classes are strapped. Hmm, who is left? |
|
Why the WEALTHY. The ones who gain, by far, the most America offers and have been getting all sorts of tax breaks and benefits and monumental salary hikes over the last 25 years, while the debt continues to tick its way upward.
They better pony up to the government that protects them and their interests, anybody lower the top 2% can't even begin to do jack diddley.
This is not an anti-wealthy attack. This time it's the unfettered truth. So much burden has been placed on everybody else from the few that the few need to re-take responsibility. The rest of us can't.
|
DU
AdBot (1000+ posts) |
Wed May 08th 2024, 01:17 PM
Response to Original message |