I do know a place where we can get $27 grand in a few hours. Who here is the most accurate when swinging a tire iron?

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Just because I have a short attention span doesn't mean

I think that Bush should be condemned most for its wild spending while cutting the taxes of Americans to disproportionitly redistribute the wealth form the poor to the wealthy.

Here are the facts: http://www.publicdebt.treas.gov/opd/opdint.htm

2005 INTEREST payments: $352,350,252,507.90

National Debt:

I think that Bush should be condemned most for its wild spending while cutting the taxes of Americans to disproportionitly redistribute the wealth form the poor to the wealthy.

Here are the facts: http://www.publicdebt.treas.gov/opd/opdint.htm

2005 INTEREST payments: $352,350,252,507.90

National Debt: $ 8,034,610,660,541.64

Other Facts:

We borrow from social security fund without recording as debt. Yet the entire social security shortfall is going to have to be repaid. What this means the change from now is we loose all the SS Surplus we spend, plus we have to take on additional spending covering the future shortfall. This is a huge income change for the worse. Add to that we are going to be paying the interest on an enormous debt, we are screwed. And the republicans changed us from bad but with a surplus at the end of Clinton to Bush's spiraling into disaster.

a screw up would have been if the money would have been at least used for something. most of this money was simply given away to no bid contracts of his friends... why are democrats and liberal media quet? because its the same party of criminals posing from different side. like con artists they work as a team from different angles.

The problem with yearly budget deficits is that they prevent us from paying back the national debt. And Congress must devote increasingly large portions of the federal budget just to paying interest on the debt (without actually eliminating it).

Without constant economic growth, this interest will consume the federal budget like a cancer. There will come a point, however, in which economic growth simply isn't feasible to keep interest payments on the national debt in check.

Man... I thought you were the smart one.

We don't have to payback countries we invade. Case closed. Now get with the program

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"What does a former president's son know about the Iraq war anyway?"
-- GW Bush when asked about Ron Reagan's negative comments, 6/25/2004.
www.BushZombie.com

NO. Taxes are already high enough. PLUS.....tax cuts means more money out into the economy instead of in gov't programs. Gov't can NEVER spend my money as well as I can.

I've been both rich....and I've been poor. And unlike YOU....I don't have a hate for the successful people in this country. OR for the rich.

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“I’ve been fighting alongside ACORN on issues you care about my entire career. Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work.” — Barack Obama, Speech to ACORN, November 2007

I was NOT talking about the gross national debt. I'm familiar with that 8 Trillion figure; but that's not what I was talking about. And BTW, that particular gross figure has increased every year since our country has been in existence. Only for a very short time in 2000 did it go the other way for a while. And the way to decrease the rate it climbs is to stop spending so much.

My first post above was about the projected total deficits over the next 10 years. And that DOES include estimates. And my point was that, IMHO, it's gives a clearer picture to look at it as a percent of our GDP. And I tried to give you a simple, personal example. I'll try once more:

If I have debt totally $100,000 and have a yearly income of $75,000, I am running a pretty high debt to income ratio.....right? 1.33. But if I get a huge promotion and am now making $1 million per year.....then that $100,000 debt isn't as significant to me.....right? In fact, it's a drop in the bucket as to my ability to pay it off.

So....yes, our federal debt has increased. But our economy has grown about 5 times as fast. See this chart: http://www.heritage.org/Research/Bud...m&PageID=74363

All I'm talking about is perspective. I STILL believe the Congress should stop spending like a bunch of drunken sailers. EVENTUALLY, it could cause problems. IMHO, the federal gov't should take care of national security....the military, national tragedies like Hurricanes, etc.......infrastructure like interstate highways, parks, etc. And I'm not against Social programs...to an extent. But I think they've gotten way out of hand. And the more you give people; the more they expect. There is no end to it.

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“I’ve been fighting alongside ACORN on issues you care about my entire career. Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work.” — Barack Obama, Speech to ACORN, November 2007

Just to be clear, that article refers to the *trade* deficit, not the budget deficit.

This thread dang near gave me a heart attack before I figured that out.

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Man up.

So what about Greenspan?
"But most important, deficits as a percentage of GDP in these simulations rise without limit."

"...under existing tax rates."

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"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it. " --Noam Chomsky