WHAT IS THE CAUSE OF THE DEBT CRISIS?
WHEN CLINTON LEFT OFFICE THE NATIONAL DEBT WAS 5.8 TRILLION. WHEN BUSH
LEFT OFFICE IT WAS 11.9 TRILLION. PRESENTLY IT IS 16.4 TRILLION
- THE BUSH TAX CUTS (ESPECIALLY FOR THE WEALTHY) WITH NO OFFSETTING SPENDING CUTS
- MEDICARE PART D PRESCRIPTION PROGRAM. MORE EXPENSIVE THAN ADVERTISED WITH NO ADDITIONAL REVENUE TO PAY FOR IT.
- CONSTANT WAR IN IRAQ AND AFGHANISTAN. THE USE OF EXPENSIVE
MERCENARIES INSTEAD OF CITIZEN-SOLDIERS. AGAIN WITH NO ADDITIONAL
REVENUE TO PAY FOR THEM.
- THE GREAT RECESSION OF 2008 DUE TO UNREGULATED AND
IRRESPONSIBLE FINANCIAL FIRMS. REDUCING GOVERNMENT REVENUE, AND
NECESSITATING MORE SOCIAL SERVICES - UNEMPLOYMENT BENEFITS, FOOD STAMPS,
ETC
- A CONSTANT TRILLION DOLLAR A YEAR DEFENSE BUDGET.
- 100 BILLION DOLLAR A YEAR SPY PROGRAMS, A RESULT OF 9/11 AND THE PATRIOT ACT
- HIGH MEDICAL COSTS. CAUSED BY A FOR-PROFIT, MONOPOLISTIC,
POLITICALLY WELL-CONNECTED INSURANCE CARTEL AND PHARMACEUTICAL INDUSTRY
- INTEREST ON THE NATIONAL DEBT - 250 BILLION DOLLARS A YEAR
WHAT IS THE FISCAL CLIFF?
THE FISCAL CLIFF IS THE COMBINATION OF TAX INCREASES AND SPENDING CUTS
THAT ARE TO TAKE PLACE ON JANUARY 1, 2013 IN RESPONSE TO THE DEBT
CRISIS. IT IS PREDICTED THAT A SEVERE RECESSION WILL OCCUR AS A RESULT.
WHAT DOES SOCIAL SECURITY HAVE TO DO WITH THE DEBT CRISIS?
SOCIAL SECURITY HAS NOTHING TO DO WITH THE DEBT CRISIS. SOCIAL SECURITY HAS A 2.5 TRILLION DOLLAR SURPLUS
3 comments:
oakley sunglasses, michael kors outlet, nike free, oakley sunglasses cheap, christian louboutin shoes, michael kors outlet, louis vuitton outlet, nike shoes, air max, kate spade outlet, polo ralph lauren outlet, true religion jeans, longchamp handbags, burberry outlet, louboutin outlet, gucci outlet, air max, michael kors outlet, longchamp outlet, louis vuitton outlet stores, oakley sunglasses, tory burch outlet, louboutin, longchamp handbags, coach purses, coach factory outlet, kate spade handbags, ray ban sunglasses, jordan shoes, louis vuitton, coach outlet, louis vuitton outlet, michael kors outlet, louboutin, ray ban sunglasses, michael kors outlet, chanel handbags, coach outlet store online, tiffany and co, burberry outlet, michael kors outlet, prada handbags, polo ralph lauren outlet, louis vuitton handbags, tiffany and co, prada outlet, true religion jeans
barbour, ugg pas cher, vans shoes, instyler, nfl jerseys, herve leger, wedding dresses, ugg boots, celine handbags, longchamp, marc jacobs, ghd, new balance shoes, lululemon outlet, soccer jerseys, beats by dre, ugg australia, chi flat iron, ferragamo shoes, ugg boots, mcm handbags, canada goose, birkin bag, bottega veneta, north face outlet, insanity workout, nike huarache, p90x, nike trainers, asics running shoes, canada goose outlet, mont blanc, uggs outlet, valentino shoes, nike roshe, giuseppe zanotti, canada goose jackets, abercrombie and fitch, north face jackets, nike roshe run, reebok outlet, rolex watches, mac cosmetics, jimmy choo outlet, babyliss pro, soccer shoes, hollister, ugg
converse, canada goose, hollister, rolex watches, ray ban, moncler, swarovski, air max, moncler outlet, moncler, gucci, pandora jewelry, pandora charms, moncler, thomas sabo, pandora charms, juicy couture outlet, karen millen, canada goose, wedding dresses, hollister clothing store, ugg, toms shoes, links of london, canada goose, louis vuitton, swarovski crystal, supra shoes, canada goose, parajumpers, moncler, montre homme, canada goose uk, lancel, vans, juicy couture outlet, moncler, oakley, iphone 6 cases, moncler, baseball bats, ralph lauren, hollister, converse shoes, timberland boots, louboutin, air max, coach outlet store online, ugg
Post a Comment