I don't really get worked up anymore because no matter how factual the above information is, the population in general is too damn lazy to;
1. Look up these figures themselves
2. Educate themselves about the finances of the country
3. Bother themselves worrying about the future finances of the country because until the lights go out and there's bread lines, they will maintain the mentality, "we're the US! We always get out of trouble!"
Alas why I fish and play video games.
Actually, I think, most of the population votes and assumes their elected represenatatives are not spendthrift lunatics... and IF that were the case that the media would be on their case 60min style.
ReplyDeleteSigh.
Unfortunately they are, the media is too stupid and lazy ...
Your third comment is bang on! Until the lights go out, the debt and spending orgy will continue. Trillion smillion, it all just numbers and talk. A few smart folks will have bought some gold bullion, the rest will be holding worthless paper, when the debt party finally ends.
ReplyDeleteThat was a great article, thanks!
Remember not too long ago when there was an honest-to-God viable political movement of people who believed the government should only be allowed to spend as much money as it took in, but then some people wanted to spend more than that?
ReplyDeleteWell, the M0 money supply (all the dollar bills and coins in circulation) is a little more than $900 billion. I actually wish now we could go backk to the "Let's spend more than we make" policy, instead of the current system, which is "Let's spend more money than there actually is." God-forbid Obamacare isn't repealed in the next year or two, we literally won't be able to find enough money for it in Scrooge McDuck's giant swimming pool of money.
Makes ya want to go on a "Lake Street Death March". Haven't been in the City in years ;)
ReplyDeleteShould Americans be scared because of the large change in the Unemployment spending IN ONE YEAR?
ReplyDeleteIs your government actually catering Unemployment? Where exactly is that money going? In increments to previous benefits or new programs to "generate" employment?
Not fair. Medicare and Social security are mandatory programs, and social security has not been expanded by 14.7% because Congress voted it so. Social security has expanded by 14.7% because people were promised those pensions. And Bush did expand Medicare's prescription program.
ReplyDeleteYou should use discretionary spending instead, or write a disclaimer about total spending. You must be better than those liberals pointing to the successes of Cuba.