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U.S. budget worse than subprime loans.

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pwb Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 07:29 AM
Original message
U.S. budget worse than subprime loans.
Edited on Tue Sep-04-07 07:38 AM by pwb
Our government pays interest only on our debt, not one penny is spent to reduce our 9,000,000,000,000 dollar debt.
Borrow and spend republicans have set the example for this financial mess we are in.
In my opinion it is better to tax and spend than to borrow and spend.
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Jim__ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 07:35 AM
Response to Original message
1. I think you need 3 more zeroes in that debt number - $9,000,000,000,000
It's hard to keep track.
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presspeal Donating Member (104 posts) Send PM | Profile | Ignore Tue Sep-04-07 07:39 AM
Response to Reply #1
2. OMG....
what are we leaving for the kids?
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pwb Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 07:40 AM
Response to Reply #1
3. thanks
What comes after trillion anyway?
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Nutmegger Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 07:51 AM
Response to Reply #3
4. A Quadrillon
That's 1,000,000,000,000,000.

:(
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wildhorses Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 07:51 AM
Response to Reply #3
5. quadrillion??
:shrug:
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pwb Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 01:59 PM
Response to Reply #5
9. then what quintillion zillion smeeelion.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 09:53 AM
Response to Reply #3
8. Depression. nt
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Craftsman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 08:41 AM
Response to Original message
6. And with a democraticly controlled congress we are seeing no cuts
Boith parties are addicted to pork.
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Yupster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-04-07 09:08 AM
Response to Original message
7. And no company could get by
and keep going along happily if their pension plan had projections like social security has.
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