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Originally posted by soficrow
It's war and military expenditures that pushed the national debt into overwhelming levels. ...Now at $7.7 trillion dollars, interest payments at $2.2 billion every day. ... and rising.
...and that's before we re-calculate for the falling USD.
Military done it DrH. Not compassionate liberalism. The debt was under control and Public Debt Clock was unplugged until just recently....
Originally posted by CosaNostra
As a 16 yo highschool student I am having a VERY hard time believing this many people are illiterate. Are you sure these numbers are correct?
Originally posted by nukunuku
This just goes to prove that democracy is a failure just like every other political system.
Originally posted by nathraq
In America, we abhor violence, yet violence and crime statistics are staggering.
In America, we see sex as 'nasty', and indecent, yet we produce more porno movies a year than any other country.
You have voted DrHoracid for the Way Above Top Secret award.
Schools ratchet up the standards, but most students graduate high school without even basic skills.
Originally posted by Corinthas
Wasnt the US built and designed as a capitalists venture playground?
Wans't the immigration of the poor, illiterate and hopeless encouraged, inorder to feed the growing factories and stop clever ideas of workers rights and conditions sepreading?
Isn't that why intellectualism is discouraged by names like nurd, and pencilneck.. where as musclehead jock-ism is encouraged by glorifying sports and the army?
This is what the US was built for.. this is what youre getting...
Originally posted by TheBandit795
Then why are there so many dreadful predictions over the economy of the United States being made by economic experts?
Could the falling dollar mean we're in for a major financial disaster? Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, thinks so.