Congress blames the war only trouble is your don’t go into that debt in just 6 years. It took over 50 years to create this mess.
What politician has the courage to tell the voters he’s bought that they aren’t going to get paid?
Hey, that’s only $37,500 for every man, woman, and child in the USA. If they quadruple taxes, it could all be paid off by 2009. Then we can start eating again. ;-)
What really disappoints me is how much a Republican congress and Republican president contributed to this in the last few years. Dems doing this is expected. R’s doing this is disappointing.
$850 billion here, $850 billion there ... pretty soon, you're talking about a lot of money!
Three new cars for every U.S. household at last year's average sales price of $27,800.
This REALLY puts it into perspective. Wonder how many people could be made instant tax-free millionaires in a lottery with this much money?
But hey, at least we have the UN and the Agency for International Development and the World Bank and the IMF and the rest of the world loves us for all ... errr never mind. and all the food aid that gets squandered every year and military debts to our enemies that can be forgiven and on and on and on.
There's a bright side, just gotta look for it. ;(
Well, we had better stop immediately all foreign aid. We can't afford it. Let those countries go into debt, theey can ask Oprah and Soros, Micheal Moore, Bonehead (Bono) and the rest of those filthy rich celebs who think the working person should be robbed via force of law and their money given to those less fortunate. Let them give Mugabe and other African dictators and Islamic warlords loans they never have to pay back.
On one hand, this is an utterly astronomical number. On the other hand, if people around the world are willing to accept infinitely printed fiat, why shouldn’t the US govt print as much as it can?
Oh, you mean, one day they might not?
Oh, you mean it drives up the cost of things for US eaters?
Well, as long as Goldman Sachs makes most of it, I guess it can’t be too big a problem.