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| *Resource of HR>>>jobs china |
Is the Bush Republican ECONOMY in debt? |
missing 600 bil in iraq iraq war cost $$$$$$$$ trade debt to china $$$$$$$$$ jobs gone $$$$$$$$$$ health care gone $$$$$$$$ ENRON Haliburton Exxon doing GREAT When Clinton left office, we had a SURPLUS. Now, we have the largest national debt in the history of our nation. George W. Bush has screwed all of us. bush sucks infact they all suck reps and demos Whats your point? ....and real median family income is down, yet productivity increases. totally unfair. NINE TRILLION DOLLARS IN DEBT. ******************************... $8,713,712,580,137.67 鈥? US debt as of February 8, 2007 * * * Nine Trillion * * * The National Debt increased $2.46 billion per day since September 30, 2005! Between January 2001 and July 2004, the portion of the U.S. debt privately held by non-U.S. citizens rose from 30% to 42%. Private debt has continued to increase since 鈥?financing the entire budget deficit for fiscal year 2005. Foreign debt holdings have continued to increase in 2006 The trade deficit is on track to set a record for a fifth consecutive year, running at an annual rate through August of $784.2 billion, 9.4 percent higher than last year's $716.7 billion record. Government debt has increased 25% in less than four years. In four years, U.S. debt has increased more than two trillion U.S. dollars 鈥?$2,000,000,000,000.00 The estimated population of the United States 2006 is around 300,000,000 people. The government's obligations, current liabilities and unfunded commitments are more than $43 trillion and rising. As the Government Accountability Office suggests, the estimated net worth of all American families is about $47 trillion, and 90 percent of that would be required to cover current obligations. http://www.thewe.cc/contents/more/archiv... Not to mention the dumb fvcker devalued the us dollar. The U.S. economy runs on a deficit most of the time. The biggest trade is with China and their products are cheap in relation to USA produced products, the decision is almost the same you would make on a new automobile. . .to buy or to lease. Since the Dollar is low in relation to other market economy countries, it make our products more favorable to them than those with a more expensive exchange. Next you would ask, what are we exporting? We are the bread basket of the world, we are the high tech supplier. . .never mind that is assembled somewhere else. Look at aerospace industry, the big Airbus is being canceled left and right because of production snags in France and cost overruns. On the flip side of the coin, I agree with you that some corporations are benefiting more than others, however, you have a choice to shun their products and services. |
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