Chief Bones
Forums Grumpy Old Man
Damien
You mentioned the interest on our National Debt in a 'passing' manner ... but ... I believe it has a bigger impact on our national budget than most people can really grasp. The payment of interest is taking a bigger and bigger bite out of our yearly budget every single year and is now approaching the point where this interest repayment has eclipsed the total budget of some large third world country's total yearly budgets.
You mentioned both the Republican and the Democratic parties and hinted that the Republican had 'balls' and the Democrats were 'better' at managing the budget but weren't good at addressing the economy.
I would like to point out to you that the Democrats had a very large surplus of money and were in the process of reducing the National Debt when Bush was 'elected' to office the first time ... now the budget is so far into the red that the National Debt has spiralled to in excess of 8.6 trillion dollars ... so who was the best overall at minding the 'store' ... Republicans (or) Democrats?
The answer is obvious to me ... but ...
You mentioned the interest on our National Debt in a 'passing' manner ... but ... I believe it has a bigger impact on our national budget than most people can really grasp. The payment of interest is taking a bigger and bigger bite out of our yearly budget every single year and is now approaching the point where this interest repayment has eclipsed the total budget of some large third world country's total yearly budgets.
You mentioned both the Republican and the Democratic parties and hinted that the Republican had 'balls' and the Democrats were 'better' at managing the budget but weren't good at addressing the economy.
I would like to point out to you that the Democrats had a very large surplus of money and were in the process of reducing the National Debt when Bush was 'elected' to office the first time ... now the budget is so far into the red that the National Debt has spiralled to in excess of 8.6 trillion dollars ... so who was the best overall at minding the 'store' ... Republicans (or) Democrats?
The answer is obvious to me ... but ...